Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.046%
Price spread now: Injective against KuCoin−4.936%55s7-day average +0.925% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 3 days (all we have)+6.970%+$697 · spread now −4.936%, 7d avg +0.925%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 5.861% cheaper against KuCoin than usual: you would sell low and buy high (−$586 if the spread goes back to its 7-day average of +0.925%). Swap the legs. 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 | KuCoin NEARUSDTM | 4.3560 | 0.0100 | pay 0.0100% / 8h | 6h 36m | $56.0M | $42.8M | 75x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 36m 32s | $578 | $302K | 12x |
KuCoin NEARUSDTM
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against KuCoin. 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: −4.936% → +0.925%
- −$586.07
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$612.09
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 8 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 KuCoin live order book, 8 min ago | 1.16 bp | 19.4 bp −$19 | 41.0 bp −$410 | 104.6 bp −$10.5K | doesn't fit |
| 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 | 4.3548 | −0.027% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3375 | −0.425% | $2.2M | $13.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3444 | −0.267% | $108K | $69K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3314 | −0.565% | $526K | $19.6M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3549 | −0.025% | $202K | — | 150x | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −4.936% | $578 | $302K | 12x | |
| Variational Omni NEAR | +0.0043% | 8h | 4.3108 | −1.037% | $8.2M | $19.1M | — | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3540 | −0.046% | $116K | $478K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.3393 | −0.383% | $58K | $161K | 20x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3485 | −0.173% | $411K | $1.2M | 10x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Pacifica NEARShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.3553 | −0.017% | $260.2M | $1.06B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3531 | −0.067% | $221.3M | $419.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3560 | 0.000% | $61.5M | $282.1M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3560 | 0.000% | $206K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3449 | −0.254% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3483 | −0.177% | $31.2M | $60.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3590 | +0.069% | $75.7M | $138.1M | 200x | as long as short |
| KuCoin NEARUSDTMlong | +0.0100% | 8h | 4.3560 | long leg | $56.0M | $42.8M | 75x | |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3573 | +0.030% | $72.2M | $123.6M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3500 | −0.138% | — | $142.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3236 | −0.743% | $260K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3339 | −0.506% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3230 | −0.758% | $179K | $775K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3575 | +0.034% | $214K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3480 | −0.184% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3395 | −0.379% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3490 | −0.161% | $443K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3400 | −0.367% | $3.8M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3465 | −0.218% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3474 | −0.197% | $3.8M | $17.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3384 | −0.404% | $202K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0114% | 8h | 4.3490 | −0.161% | $3.0M | $5.8M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0218% | 1h | 4.3416 | −0.330% | $7.6M | $40.2M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3220 | −0.781% | $13.2M | $27.6M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0360% / S −0.0278% | 1h | 4.3392 | −0.387% | $260K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0368% | 1h | 4.3566 | +0.014% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0432% | 1h | 4.3510 | −0.115% | $1.9M | $3.1M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3579 | +0.043% | $545K | $1.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0580% | 1h | 4.3420 | −0.321% | $1.9M | $4.1M | 25x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.3434 | −0.289% | $1.8M | $2.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0672% | 1h | 4.3526 | −0.078% | $1.6M | $6.9M | 10x | as long as short |
| Hyperliquid NEAR | +0.0754% | 1h | 4.3628 | +0.156% | $366.3M | $303.4M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0794% | 1h | 4.3446 | −0.262% | $1.4M | $6.0M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.1440% | 1h | 4.3317 | −0.559% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1440% | 1h | 4.3561 | +0.003% | $17.4M | $24.7M | 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
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Nado NEAR-PERP
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Lighter RH NEAR
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD
Lighter NEAR