NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0204%/8h= +22.4% APRnext payment +$0.26 per $10,000 · paid last 24h +0.127%

Price spread now: Injective against Reya−4.910%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Injective is 4.910% cheaper against Reya than usual: you would sell low and buy high (spread −4.910% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$491 on $10k: about 3 months of funding at the current rate (+$6 a day). The two prices were read 52 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	Reya NEARRUSDPERP	4.3548	−0.0171	get 0.0021% / 1h	35m 54s	$2K	—	20x
Short	Injective NEAR/USDC PERP	4.1410	0.0033	get 0.0004% / 1h	35m 54s	$578	$302K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee InjectivebpOrdersPrice spread, now −4.910%Rate

Funding earned: $42.88
Price spread: −4.910% → 0.000%: −$491.03
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$454.17
Costs to cover: 0.060%
Break-even: 81.1 days

Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Reya and 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 NEARRUSDPERPlong	−0.0171%	1h	4.3548	long leg	$2K	—	20x
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3611	+0.144%	$2.2M	$13.8M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3444	−0.241%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3580	+0.073%	$522K	$19.6M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3549	+0.001%	$202K	—	150x	as long as short
Injective NEAR/USDC PERPshort	+0.0033%	1h	4.1410	−4.910%	$578	$302K	12x
Variational Omni NEAR	+0.0052%	8h	4.3548	0.000%	$8.3M	$19.1M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3540	−0.019%	$116K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3583	+0.080%	$58K	$161K	20x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3485	−0.146%	$411K	$1.2M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.3610	+0.142%	$260.6M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3576	+0.063%	$221.5M	$419.7M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3550	+0.004%	$61.5M	$282.3M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3560	+0.027%	$206K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3449	−0.227%	$248K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3571	+0.052%	$31.3M	$60.8M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3590	+0.096%	$75.5M	$138.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3580	+0.073%	$56.0M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3566	+0.041%	$72.2M	$123.7M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3580	+0.073%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3236	−0.717%	$260K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3339	−0.480%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3230	−0.731%	$179K	$775K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3575	+0.061%	$214K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3610	+0.142%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3571	+0.052%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3700	+0.348%	$445K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3580	+0.073%	$3.9M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3465	−0.191%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3551	+0.005%	$3.8M	$17.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3571	+0.052%	$203K	$34K	3x	as long as short
Aster NEARUSDT	+0.0114%	8h	4.3646	+0.223%	$3.0M	$5.8M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0217%	1h	4.3584	+0.083%	$7.7M	$40.3M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3220	−0.754%	$13.2M	$27.6M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0360% / S −0.0278%	1h	4.3545	−0.007%	$261K	—	100x	as long as short
01 Exchange NEARUSD	+0.0368%	1h	4.3566	+0.041%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0432%	1h	4.3510	−0.088%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3579	+0.070%	$545K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3434	−0.263%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0672%	1h	4.3672	+0.284%	$1.6M	$6.9M	10x	as long as short
Hyperliquid NEAR	+0.0759%	1h	4.3628	+0.183%	$366.2M	$303.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0783%	1h	4.3607	+0.135%	$1.9M	$4.1M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0805%	1h	4.3635	+0.199%	$1.4M	$5.9M	20x	as long as short
Aftermath Perps NEARUSD	+0.1440%	1h	4.3317	−0.532%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1480%	1h	4.3703	+0.356%	$17.4M	$24.7M	15x	as long as short