Funding you earn now, next payment 07:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.03 per $10,000 · paid last 24h −0.010%
Price spread now: gTrade (Gains Network) against Injective+6.703%55s7-day average −0.643% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.108%−$11 on $10k
+Price spread, last 4 days (all we have)−8.840%−$884 · spread now +6.703%, 7d avg −0.643%
=The price spread pays, funding is against you. gTrade (Gains Network) is 7.346% dearer against Injective than usual: you sell high and buy low (spread +6.703% now, against its 7-day average of −0.643%): +$735 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about years. At the pace of the last 3 days (−0.108% in total) that is about 8 months. The two prices were read 55 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 19s | $578 | $301K | 12x |
| Short | gTrade (Gains Network) NEAR/USD | 4.4186 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 26m 19s | $165K | — | 150x |
Injective NEAR/USDC PERP
gTrade (Gains Network) NEAR/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$5.68
- Price spread: +6.703% → −0.643%
- $734.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $718.92
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 18 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 gTrade (Gains Network) virtual book (oracle venue), 18 min ago | 130.01 bp | 137.7 bp −$138 | 1007.8 bp −$10.1K | doesn't fit | doesn't fit |
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 | 4.4187 | +6.705% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4161 | +6.643% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USDshort | L +0.0004% / S −0.0006% | 1h | 4.4186 | +6.703% | $165K | — | 150x | |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $301K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4180 | +6.689% | $112K | $491K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4259 | +6.880% | $224.3M | $434.5M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4190 | +6.713% | $62.5M | $296.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4350 | +7.100% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4187 | +6.706% | $35.4M | $61.6M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4210 | +6.762% | $53.5M | $46.1M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4205 | +6.750% | $72.7M | $127.4M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4217 | +6.779% | $8.8M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4018 | +6.299% | $257K | $914K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4010 | +6.279% | $166K | $805K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4212 | +6.766% | $293K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4220 | +6.786% | $59K | $236K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4250 | +6.858% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4370 | +7.148% | $465K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4240 | +6.834% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0105% | 8h | 4.4133 | +6.576% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0113% | 8h | 4.4260 | +6.882% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4235 | +6.822% | $206K | $38K | 3x | as long as short |
| Extended NEAR-USD | +0.0184% | 1h | 4.4199 | +6.736% | $3.7M | $18.4M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0190% | 1h | 4.4205 | +6.750% | $5K | $52K | 10x | as long as short |
| BingX NEAR-USDT | +0.0193% | 8h | 4.4210 | +6.762% | — | $144.1M | — | as long as short |
| MEXC NEAR_USDT | +0.0201% | 8h | 4.4220 | +6.786% | $80.8M | $148.8M | 200x | as long as short |
| Binance NEARUSDT | +0.0201% | 8h | 4.4279 | +6.927% | $270.2M | $1.09B | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0254% | 8h | 4.4212 | +6.766% | $1.0M | $25.0M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0304% | 8h | 4.4208 | +6.756% | $2.8M | $5.0M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0198% | 1h | 4.3978 | +6.202% | $234K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0321% | 8h | 4.4060 | +6.399% | $13.7M | $32.5M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0413% | 1h | 4.4036 | +6.341% | $1.4M | $6.8M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4267 | +6.899% | $2.3M | $16.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0440% | 1h | 4.4213 | +6.769% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0463% | 1h | 4.4240 | +6.834% | $361.0M | $315.0M | 10x | as long as short |
| Nado NEAR-PERP | +0.0596% | 1h | 4.4173 | +6.672% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0660% | 1h | 4.4194 | +6.722% | $7.3M | $38.3M | 50x | as long as short |
| Lighter NEAR | +0.0832% | 1h | 4.4278 | +6.926% | $17.4M | $25.2M | 15x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4200 | +6.738% | $224K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0920% | 1h | 4.4280 | +6.931% | $1.5M | $6.7M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.4297 | +6.972% | $1.8M | $2.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1085% | 1h | 4.4247 | +6.851% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4100 | +6.496% | $421K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1253% | 1h | 4.4200 | +6.738% | $5K | $12K | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4229 | +6.807% | $665K | $1.4M | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
Extended NEAR-USD
SoDEX NEAR-USD
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
Kalshi KXNEARPERP
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Hyperliquid NEAR
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Lighter NEAR
Arcus NEAR-USD
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Aftermath Perps NEARUSD
RISEx NEAR/USDC