Funding you earn now, next payment 02:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.047%
Price spread now: Popdex against Injective+6.013%106s7-day average −0.940% · 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)−0.016%−$2 on $10k
+Price spread, last 3 days (all we have)−7.947%−$795 · spread now +6.013%, 7d avg −0.940%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Popdex is 6.953% dearer against Injective than usual: you sell high and buy low: +$695 more if the spread goes back to its 7-day average of −0.940%. The two prices were read 106 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 | 17m 27s | $578 | $302K | 12x |
| Short | Popdex NEARUSDT | 4.3900 | 0.0096 | get 0.0012% / 1h | 17m 27s | $111K | $494K | 50x |
Injective NEAR/USDC PERP
Popdex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.16
- Price spread: +6.013% → −0.940%
- $695.29
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- $702.03
- Costs to cover
- 0.064%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Popdex: live order book, 51 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 Popdex live order book, 51 min ago | 1.16 bp | 6.4 bp −$6 | 55.5 bp −$555 | 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 44 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 | 4.3878 | +5.959% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.4172 | +6.670% | $2.2M | $14.5M | 50x | as long as short |
| Phemex NEARUSDT | −0.0042% | 8h | 4.4170 | +6.665% | $3.9M | $8.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3965 | +6.171% | $108K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4249 | +6.856% | $584K | $20.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3913 | +6.045% | $194K | — | 150x | as long as short |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $302K | 12x | |
| Variational Omni NEAR | +0.0080% | 8h | 4.4757 | +8.082% | $8.6M | $18.5M | — | as long as short |
| Popdex NEARUSDTshort | +0.0096% | 1h | 4.3900 | +6.013% | $111K | $494K | 50x | |
| Pacifica NEAR | +0.0100% | 1h | 4.4002 | +6.259% | $414K | $1.2M | 10x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Phemex NEARUSDT
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Pacifica NEARShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.3874 | +5.951% | $266.0M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3820 | +5.820% | $222.2M | $422.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3780 | +5.723% | $62.4M | $289.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3970 | +6.182% | $209K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4050 | +6.375% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3955 | +6.146% | $31.7M | $62.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3950 | +6.134% | $74.7M | $142.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3910 | +6.037% | $53.9M | $43.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3884 | +5.974% | $72.3M | $126.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3920 | +6.061% | — | $143.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4564 | +7.616% | $281K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4520 | +7.510% | $1.5M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4540 | +7.559% | $183K | $765K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3887 | +5.982% | $208K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4210 | +6.762% | $61K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4390 | +7.196% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4190 | +6.713% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4280 | +6.931% | $458K | $3.9M | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3997 | +6.247% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3920 | +6.062% | $3.8M | $18.5M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4325 | +7.039% | $206K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0187% | 8h | 4.4061 | +6.403% | $3.1M | $5.8M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0214% | 1h | 4.4199 | +6.736% | $8.0M | $40.8M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0270% | 1h | 4.4217 | +6.779% | $1.9M | $4.2M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0353% / S −0.0248% | 1h | 4.4309 | +7.001% | $262K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0403% | 1h | 4.3867 | +5.935% | $1.9M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0424% | 1h | 4.3887 | +5.982% | $13K | $7K | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3894 | +5.999% | $554K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.4150 | +6.617% | $1.8M | $2.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0840% | 1h | 4.4092 | +6.477% | $1.6M | $7.0M | 10x | as long as short |
| Hyperliquid NEAR | +0.0911% | 1h | 4.3938 | +6.105% | $370.5M | $308.8M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0948% | 1h | 4.4041 | +6.354% | $1.4M | $6.3M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.1604% | 1h | 4.4260 | +6.882% | $6K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1752% | 1h | 4.4085 | +6.459% | $17.6M | $25.6M | 15x | 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
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
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
01 Exchange NEARUSD
RISEx NEAR/USDC
Phoenix NEAR
Lighter RH NEAR
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD
Lighter NEAR