Funding you earn now, next payment 23:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h +0.041%
Price spread now: Injective against Pacifica−3.452%7-day average +1.100% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)+6.059%+$606 · spread now −3.452%, 7d avg +1.100%
=Together, before fees+6.035%+ Points / potential airdropPacifica: Active · farm board+$603 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 4.552% cheaper against Pacifica than usual: you would sell low and buy high (−$455 if the spread goes back to its 7-day average of +1.100%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NEAR | 4.2891 | 0.0100 | pay 0.0013% / 1h | 5m 00s | $399K | $1.2M | 10x |
| Short | Injective NEAR/USDC PERP | 4.1410 | −0.0002 | pay 0.0000% / 1h | 5m 00s | $578 | $302K | 12x |
Pacifica NEAR
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Pacifica. 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
- −$21.5
- Price spread: −3.452% → +1.100%
- −$455.22
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$484.74
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 4 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 Pacifica live order book, 4 min ago | 0.12 bp | 7.4 bp −$7 | doesn't fit | 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 | 4.2903 | +0.028% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.2898 | +0.017% | $2.2M | $13.2M | 50x | as long as short |
| Injective NEAR/USDC PERPshort | −0.0002% | 1h | 4.1410 | −3.452% | $578 | $302K | 12x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2862 | −0.066% | $112K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2948 | +0.134% | $455K | $18.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2922 | +0.073% | $207K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0047% | 1h | 4.2943 | +0.122% | $7.8M | $36.3M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2940 | +0.115% | $107K | $490K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2878 | −0.030% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2949 | +0.135% | $3.0M | $5.6M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEARlong | +0.0100% | 1h | 4.2891 | long leg | $399K | $1.2M | 10x | |
| Binance NEARUSDT | +0.0100% | 8h | 4.2960 | +0.161% | $249.4M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2931 | +0.094% | $220.7M | $420.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2950 | +0.138% | $60.4M | $284.6M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2910 | +0.045% | $197K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2317 | −1.338% | $241K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2956 | +0.152% | $30.4M | $59.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2900 | +0.022% | $83.9M | $145.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2890 | −0.002% | $56.3M | $43.3M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2877 | −0.032% | $71.3M | $125.8M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2950 | +0.138% | — | $137.9M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2849 | −0.097% | $8.0M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2739 | −0.354% | $244K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2644 | −0.575% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2740 | −0.351% | $179K | $790K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2983 | +0.215% | $231K | $3.3M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2929 | +0.089% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2990 | +0.231% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2909 | +0.043% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2860 | −0.072% | $3.9M | $8.1M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2859 | −0.075% | $4.0M | $14.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2915 | +0.055% | $207K | $62K | 3x | as long as short |
| 01 Exchange NEARUSD | +0.0152% | 1h | 4.2990 | +0.231% | $13K | $7K | 10x | as long as short |
| Lighter RH NEAR | +0.0168% | 1h | 4.2949 | +0.136% | $1.5M | $7.0M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2910 | +0.045% | $12.6M | $32.8M | 75x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.2972 | +0.190% | $414K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0391% / S −0.0335% | 1h | 4.2929 | +0.088% | $293K | — | 100x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0402% | 1h | 4.2952 | +0.143% | $1.9M | $2.3M | 25x | as long as short |
| Nado NEAR-PERP | +0.0469% | 1h | 4.2914 | +0.055% | $1.9M | $3.5M | 10x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.2890 | −0.002% | $1.8M | $2.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0558% | 1h | 4.2922 | +0.073% | $1.3M | $5.5M | 20x | as long as short |
| Hyperliquid NEAR | +0.0663% | 1h | 4.2973 | +0.192% | $371.3M | $297.3M | 10x | as long as short |
| HTX NEAR-USDT | +0.0927% | 8h | 4.3080 | +0.441% | $462K | $3.6M | 75x | as long as short |
| Lighter NEAR | +0.1000% | 1h | 4.2994 | +0.241% | $16.5M | $23.8M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1002% | 1h | 4.2635 | −0.597% | $5K | $11K | 10x | as long as short |
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
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
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
01 Exchange NEARUSD
Lighter RH NEAR
BloFin NEAR-USDT
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Deribit NEAR_USDC-PERPETUAL
Nado NEAR-PERP
Phoenix NEAR
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
HTX NEAR-USDT
Lighter NEAR
Aftermath Perps NEARUSD