NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0204%/8h= +22.4% APRnext payment +$0.26 per $10,000 · paid last 24h +0.062%

Price spread now: Injective against Reya−6.689%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Injective is 6.689% cheaper against Reya than usual: you would sell low and buy high (spread −6.689% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$669 on $10k: about 4 months of funding at the current rate (+$6 a day). The two prices were read 52 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	Reya NEARRUSDPERP	4.4378	−0.0171	get 0.0021% / 1h	51m 53s	$2K	—	20x
Short	Injective NEAR/USDC PERP	4.1410	0.0033	get 0.0004% / 1h	51m 53s	$578	$301K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee InjectivebpOrdersPrice spread, now −6.689%Rate

Funding earned: $42.88
Price spread: −6.689% → 0.000%: −$668.85
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$632
Costs to cover: 0.060%
Break-even: 110.2 days

Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Reya and 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 NEARRUSDPERPlong	−0.0171%	1h	4.4378	long leg	$2K	—	20x
dYdX NEAR-USD	0.0000%	1h	4.4319	−0.133%	$109K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4379	+0.002%	$167K	—	150x	as long as short
Injective NEAR/USDC PERPshort	+0.0033%	1h	4.1410	−6.689%	$578	$301K	12x
Popdex NEARUSDT	+0.0096%	1h	4.4330	−0.109%	$114K	$494K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4452	+0.166%	$227.0M	$424.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4440	+0.139%	$62.5M	$295.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4366	−0.027%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4394	+0.035%	$34.5M	$59.8M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4430	+0.117%	$53.5M	$45.7M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.4393	+0.033%	$73.5M	$126.1M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4407	+0.065%	$8.9M	$18.5M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4434	+0.126%	$260K	$963K	20x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4418	+0.090%	$278K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4401	+0.051%	$58K	$233K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4420	+0.094%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4480	+0.229%	$462K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4360	−0.041%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0103%	8h	4.4330	−0.108%	$32K	$585	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0120%	8h	4.4450	+0.162%	$1.5M	$1.5M	10x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.4395	+0.038%	$206K	$40K	3x	as long as short
BingX NEAR-USDT	+0.0159%	8h	4.4420	+0.094%	—	$143.7M	—	as long as short
MEXC NEAR_USDT	+0.0165%	8h	4.4390	+0.026%	$85.1M	$144.1M	200x	as long as short
Binance NEARUSDT	+0.0167%	8h	4.4439	+0.137%	$269.1M	$1.08B	75x	as long as short
SoDEX NEAR-USD	+0.0237%	1h	4.4355	−0.052%	$5K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0285%	8h	4.4500	+0.274%	$13.5M	$32.8M	75x	as long as short
Kalshi KXNEARPERP	+0.0305%	8h	4.4414	+0.081%	$1.1M	$24.9M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0315% / S −0.0201%	1h	4.4381	+0.006%	$238K	—	100x	as long as short
Aster NEARUSDT	+0.0342%	8h	4.4426	+0.108%	$2.9M	$5.0M	50x	as long as short
Extended NEAR-USD	+0.0376%	1h	4.4403	+0.056%	$3.7M	$19.0M	25x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.4441	+0.141%	$2.3M	$16.3M	50x	as long as short
ApeX Omni NEARUSDT	+0.0440%	1h	4.4430	+0.117%	$168K	$803K	50x	as long as short
01 Exchange NEARUSD	+0.0496%	1h	4.4369	−0.021%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0569%	1h	4.4384	+0.013%	$1.3M	$6.5M	20x	as long as short
Nado NEAR-PERP	+0.0575%	1h	4.4380	+0.004%	$1.7M	$3.2M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0658%	1h	4.4348	−0.069%	$7.4M	$38.7M	50x	as long as short
Hyperliquid NEAR	+0.0668%	1h	4.4412	+0.076%	$365.4M	$306.6M	10x	as long as short
Arcus NEAR-USD	+0.0880%	1h	4.4580	+0.455%	$226K	$1.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0900%	1h	4.4412	+0.076%	$1.9M	$12.2M	25x	as long as short
Lighter NEAR	+0.0904%	1h	4.4428	+0.113%	$17.4M	$24.6M	15x	as long as short
Phoenix NEAR	+0.1003%	1h	4.4489	+0.250%	$1.8M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1016%	1h	4.4421	+0.096%	$1.5M	$6.6M	10x	as long as short
Pacifica NEAR	+0.1187%	1h	4.4364	−0.033%	$408K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1193%	1h	4.4376	−0.004%	$6K	$12K	10x	as long as short
RISEx NEAR/USDC	+0.1259%	1h	4.4354	−0.054%	$678K	$1.4M	10x	as long as short