Funding you earn now, next payment 04:00 UTC−0.0519%/8h= −56.8% APRnext payment −$0.65 per $10,000 · paid last 24h −0.030%
Price spread now: Injective against Nado−6.053%109s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Injective is 6.053% cheaper against Nado than usual: you would sell low and buy high (−$605 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NEAR-PERP | 4.4078 | 0.0552 | pay 0.0069% / 1h | 35m 28s | $1.9M | $3.1M | 10x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 35m 28s | $578 | $302K | 12x |
Nado NEAR-PERP
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$108.89
- Price spread: −6.053% → 0.000%
- −$605.34
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$721.25
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 3 min ago | 0.45 bp | 5.5 bp −$6 | 13.9 bp −$139 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NEAR on 45 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4098 | +0.044% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4100 | +0.049% | $2.2M | $15.3M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4052 | −0.060% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4100 | +0.049% | $606K | $22.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3993 | −0.193% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −6.053% | $578 | $302K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4120 | +0.095% | $117K | $514K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4064 | −0.033% | $421K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4154 | +0.173% | $270.0M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4100 | +0.049% | $221.8M | $424.2M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4110 | +0.072% | $62.6M | $299.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4550 | +1.070% | $254K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4078 | −0.001% | $32.0M | $63.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4100 | +0.049% | $74.9M | $148.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4100 | +0.049% | $54.8M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4100 | +0.049% | $72.5M | $130.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4120 | +0.095% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3977 | −0.229% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4041 | −0.084% | $264K | $978K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4010 | −0.155% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4010 | −0.155% | $169K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4122 | +0.099% | $235K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4073 | −0.012% | $56K | $217K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4200 | +0.276% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4085 | +0.015% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4180 | +0.231% | $457K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4090 | +0.027% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4027 | −0.117% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4096 | +0.041% | $205K | $40K | 3x | as long as short |
| Hyperliquid NEAR | +0.0161% | 1h | 4.4166 | +0.199% | $364.2M | $324.9M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0202% | 1h | 4.4106 | +0.063% | $1.3M | $6.6M | 20x | as long as short |
| Extended NEAR-USD | +0.0208% | 1h | 4.4086 | +0.018% | $4.0M | $19.6M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4000 | −0.178% | $13.8M | $32.7M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0240% | 1h | 4.4156 | +0.176% | $13K | $7K | 10x | as long as short |
| Aster NEARUSDT | +0.0287% | 8h | 4.4016 | −0.142% | $3.0M | $5.6M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0329% / S −0.0206% | 1h | 4.3985 | −0.211% | $239K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0456% | 1h | 4.4081 | +0.006% | $1.5M | $7.2M | 10x | as long as short |
| Nado NEAR-PERPlong | +0.0552% | 1h | 4.4078 | long leg | $1.9M | $3.1M | 10x | |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4180 | +0.231% | $222K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0589% | 1h | 4.4111 | +0.074% | $8.1M | $39.9M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0658% | 1h | 4.4114 | +0.081% | $1.9M | $6.8M | 25x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4338 | +0.589% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.0888% | 1h | 4.4112 | +0.076% | $17.8M | $26.3M | 15x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4171 | +0.210% | $562K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1568% | 1h | 4.4307 | +0.519% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Extended NEAR-USD
BloFin NEAR-USDT
01 Exchange NEARUSD
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD