Funding you earn now, next payment 06:00 UTC−0.0813%/8h= −89.1% APRnext payment −$1.02 per $10,000 · paid last 24h −0.031%
Price spread now: Injective against Pacifica−3.641%7-day average +0.604% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+5.806%+$581 · spread now −3.641%, 7d avg +0.604%
=Together, before fees+5.779%+ Points / potential airdropPacifica: Active · farm board+$578 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Injective is 4.244% cheaper against Pacifica than usual: you would sell low and buy high (−$424 if the spread goes back to its 7-day average of +0.604%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NEAR | 4.2975 | 0.0847 | pay 0.0106% / 1h | 28m 50s | $394K | $1.3M | 10x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 28m 50s | $578 | $301K | 12x |
Pacifica NEAR
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Pacifica. 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
- −$170.81
- Price spread: −3.641% → +0.604%
- −$424.43
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$603.26
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 5 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 Pacifica live order book, 5 min ago | 2.67 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | 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 | 4.3004 | +0.068% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2937 | −0.087% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2936 | −0.091% | $161K | — | 150x | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −3.641% | $578 | $301K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3020 | +0.106% | $113K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2944 | −0.070% | $262.6M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2890 | −0.197% | $213.9M | $420.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2910 | −0.150% | $60.4M | $284.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2997 | +0.053% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2894 | −0.187% | $32.4M | $60.0M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2960 | −0.034% | $76.0M | $143.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2940 | −0.080% | $51.8M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2888 | −0.201% | $70.9M | $127.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2910 | −0.150% | — | $143.4M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2878 | −0.224% | $8.1M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2962 | −0.029% | $259K | $958K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2943 | −0.073% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3027 | +0.122% | $263K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2972 | −0.006% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3110 | +0.315% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3070 | +0.222% | $466K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2920 | −0.127% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.2957 | −0.041% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2980 | +0.013% | $200K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2920 | −0.127% | $13.2M | $31.6M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3035 | +0.141% | $2.3M | $15.8M | 50x | as long as short |
| Kalshi KXNEARPERP | +0.0262% | 8h | 4.3002 | +0.064% | $869K | $24.6M | 2.2x | as long as short |
| ApeX Omni NEARUSDT | +0.0263% | 1h | 4.2960 | −0.034% | $165K | $795K | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0311% / S −0.0198% | 1h | 4.2931 | −0.102% | $232K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0335% | 8h | 4.2920 | −0.127% | $2.8M | $5.3M | 50x | as long as short |
| Nado NEAR-PERP | +0.0376% | 1h | 4.3000 | +0.060% | $1.7M | $3.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0536% | 1h | 4.2899 | −0.175% | $3.7M | $19.7M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0572% | 1h | 4.2925 | −0.115% | $6K | $53K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0660% | 1h | 4.2884 | −0.211% | $1.3M | $6.7M | 20x | as long as short |
| Hyperliquid NEAR | +0.0688% | 1h | 4.2940 | −0.080% | $351.1M | $310.3M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0737% | 1h | 4.2919 | −0.129% | $7.4M | $38.9M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0752% | 1h | 4.3093 | +0.276% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3050 | +0.176% | $216K | $1.6M | 10x | as long as short |
| Pacifica NEARlong | +0.0847% | 1h | 4.2975 | long leg | $394K | $1.3M | 10x | |
| Lighter NEAR | +0.0928% | 1h | 4.2933 | −0.097% | $16.8M | $25.1M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3089 | +0.266% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1128% | 1h | 4.2928 | −0.108% | $1.4M | $7.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1171% | 1h | 4.2974 | −0.001% | $1.9M | $11.0M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3046 | +0.167% | $684K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1362% | 1h | 4.2977 | +0.005% | $5K | $12K | 10x | as long as short |
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
ApeX Omni NEARUSDT
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Nado NEAR-PERP
Extended NEAR-USD
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Arcus NEAR-USD
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Aftermath Perps NEARUSD