Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.058%
Price spread now: Injective against Binance−6.865%117s7-day average +0.944% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 3 days (all we have)+8.882%+$888 · spread now −6.865%, 7d avg +0.944%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 7.809% cheaper against Binance than usual: you would sell low and buy high (−$781 if the spread goes back to its 7-day average of +0.944%). Swap the legs. The two prices were read 117 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 | Binance NEARUSDT | 4.4462 | 0.0100 | pay 0.0100% / 8h | 5h 29m | $269.9M | $1.08B | 75x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 29m 26s | $578 | $302K | 12x |
Binance NEARUSDT
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$14
- Price spread: −6.865% → +0.944%
- −$780.92
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$804.94
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 15 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 Binance live order book, 15 min ago | 1.14 bp | 7.5 bp −$8 | 14.4 bp −$144 | 34.0 bp −$3,399 | 98.9 bp −$49.4K |
| 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 | 4.4417 | −0.102% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4314 | −0.334% | $2.2M | $14.7M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4341 | −0.274% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4224 | −0.536% | $638K | $19.6M | 2.2x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | 0.0000% | 1h | 4.4379 | −0.188% | $1.9M | $4.4M | 25x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.4447 | −0.034% | $201K | — | 150x | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −6.865% | $578 | $302K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4350 | −0.253% | $116K | $490K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4326 | −0.308% | $418K | $1.2M | 10x | as long as short |
| Binance NEARUSDTlong | +0.0100% | 8h | 4.4462 | long leg | $269.9M | $1.08B | 75x |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
Deribit NEAR_USDC-PERPETUAL
gTrade (Gains Network) NEAR/USD
Popdex NEARUSDT
Pacifica NEARShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | +0.0100% | 8h | 4.4430 | −0.073% | $223.3M | $419.5M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4410 | −0.118% | $63.7M | $294.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4421 | −0.094% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4431 | −0.071% | $32.1M | $62.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4450 | −0.028% | $76.8M | $143.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4370 | −0.208% | $55.6M | $44.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4424 | −0.086% | $73.2M | $127.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4450 | −0.028% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4186 | −0.622% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4477 | +0.034% | $267K | $989K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4180 | −0.635% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4160 | −0.680% | $172K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4456 | −0.014% | $216K | $3.7M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4445 | −0.039% | $60K | $195K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4330 | −0.298% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4325 | −0.309% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4300 | −0.365% | $461K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4340 | −0.275% | $3.9M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4352 | −0.248% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4333 | −0.291% | $3.8M | $18.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4325 | −0.309% | $206K | $34K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4160 | −0.680% | $13.6M | $31.2M | 75x | as long as short |
| Aster NEARUSDT | +0.0238% | 8h | 4.4414 | −0.109% | $3.0M | $5.4M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0245% | 1h | 4.4450 | −0.029% | $261K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0384% | 1h | 4.4354 | −0.244% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0385% | 1h | 4.4415 | −0.107% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4370 | −0.208% | $211K | $1.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0576% | 1h | 4.4447 | −0.035% | $1.4M | $6.6M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0695% | 1h | 4.4324 | −0.310% | $8.2M | $41.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0720% | 1h | 4.4400 | −0.140% | $1.6M | $6.9M | 10x | as long as short |
| Hyperliquid NEAR | +0.0739% | 1h | 4.4474 | +0.026% | $370.4M | $309.1M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.4463 | +0.001% | $1.8M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4386 | −0.172% | $559K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.1288% | 1h | 4.4397 | −0.147% | $17.8M | $25.9M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1651% | 1h | 4.4260 | −0.456% | $6K | $12K | 10x | as long as short |
Bybit NEARUSDT
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
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Nado NEAR-PERP
Arcus NEAR-USD
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD