Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.046%
Price spread now: Binance against Injective+3.320%47s7-day average −1.010% · you sell dearer than you buy
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)−5.410%−$541 · spread now +3.320%, 7d avg −1.010%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 4.330% dearer against Injective than usual: you sell high and buy low: +$433 more if the spread goes back to its 7-day average of −1.010%. The two prices were read 47 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 | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | pay 0.0004% / 1h | 26m 37s | $578 | $302K | 12x |
| Short | Binance NEARUSDT | 4.2785 | 0.0100 | get 0.0100% / 8h | 7h 26m | $253.3M | $1.06B | 75x |
Injective NEAR/USDC PERP
Binance NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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: +3.320% → −1.010%
- $432.96
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $436.94
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 2 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 1.17 bp | 7.7 bp −$8 | 12.5 bp −$125 | 33.2 bp −$3,316 | 112.7 bp −$56.3K |
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 | 4.2749 | +3.235% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0132% | 1h | 4.2773 | +3.292% | $7.2M | $37.3M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2797 | +3.349% | $2.2M | $12.9M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0016% | 1h | 4.2814 | +3.390% | $13K | $7K | 10x | as long as short |
| Variational Omni NEAR | −0.0005% | 8h | 4.2608 | +2.894% | $8.0M | $18.7M | — | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2763 | +3.268% | $111K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2829 | +3.427% | $401K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2772 | +3.289% | $203K | — | 150x | as long as short |
| Bybit NEARUSDT | +0.0022% | 8h | 4.2722 | +3.168% | $216.0M | $415.7M | 75x | as long as short |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $302K | 12x |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Variational Omni NEAR
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0068% | 8h | 4.2774 | +3.294% | $30.7M | $59.5M | 75x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2780 | +3.308% | $114K | $480K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.2775 | +3.296% | $57K | $191K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2767 | +3.276% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2822 | +3.410% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2768 | +3.279% | $395K | $1.2M | 10x | as long as short |
| Binance NEARUSDTshort | +0.0100% | 8h | 4.2785 | +3.320% | $253.3M | $1.06B | 75x | |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2700 | +3.115% | $60.1M | $277.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2810 | +3.381% | $196K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2789 | +3.331% | $244K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2760 | +3.260% | $76.6M | $140.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2800 | +3.357% | $56.2M | $42.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2686 | +3.081% | $70.7M | $124.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2780 | +3.308% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2763 | +3.267% | $255K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2603 | +2.881% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2810 | +3.381% | $179K | $782K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2824 | +3.415% | $206K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2830 | +3.429% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2780 | +3.308% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2890 | +3.574% | $457K | $3.6M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2750 | +3.236% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2756 | +3.249% | $3.8M | $16.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2764 | +3.269% | $199K | $28K | 3x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0124% | 1h | 4.2786 | +3.323% | $1.9M | $3.4M | 25x | as long as short |
| Hyperliquid NEAR | +0.0148% | 1h | 4.2819 | +3.403% | $359.1M | $305.0M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2770 | +3.284% | $12.9M | $28.1M | 75x | as long as short |
| Lighter RH NEAR | +0.0368% | 1h | 4.2836 | +3.444% | $1.6M | $6.9M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0372% / S −0.0306% | 1h | 4.2763 | +3.268% | $272K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0416% | 1h | 4.2801 | +3.359% | $1.3M | $5.9M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2826 | +3.419% | $406K | $1.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0476% | 1h | 4.2724 | +3.174% | $1.9M | $3.2M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.2669 | +3.040% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1305% | 1h | 4.2691 | +3.092% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1888% | 1h | 4.2861 | +3.505% | $17.1M | $24.3M | 15x | as long as short |
Gate NEAR_USDT
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Nado NEAR-PERP
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR