Funding you earn now, next payment 06:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.049%
Price spread now: GMX against Aevo−0.101%7-day average −0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.249%+$25 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.101%, 7d avg −0.020%
=Funding pays, the price is against you. GMX is 0.081% cheaper against Aevo than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.020%). If the spread goes back, that is −$8 on $10k: about 3.0 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.249% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo NEAR-PERP | 4.3540 | 0.0112 | pay 0.0014% / 1h | 12m 22s | $202K | $37K | 3x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.3496 | L +0.0312% / S −0.0201% | get 0.0025% / 1h | 12m 22s | $233K | — | 100x |
Aevo NEAR-PERP
GMX NEAR/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Aevo. 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
- $18.74
- Price spread: −0.101% → −0.020%
- −$8.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$17.39
- Costs to cover
- 0.280%
- Break-even
- 13.5 days
Slippage unknown: Aevo: live order book, 37 min ago; GMX: 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 Aevo live order book, 37 min ago | 9.34 bp | 68.7 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | 4.3478 | −0.142% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3467 | −0.167% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3496 | −0.101% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.892% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3490 | −0.115% | $115K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3504 | −0.083% | $217.8M | $420.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3510 | −0.069% | $61.5M | $289.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3500 | −0.092% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3487 | −0.122% | $33.1M | $60.5M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3520 | −0.046% | $52.5M | $46.0M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
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 | 4.3517 | −0.053% | $71.8M | $125.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3478 | −0.143% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3566 | +0.060% | $254K | $967K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3591 | +0.118% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3509 | −0.071% | $279K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3535 | −0.011% | $57K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3670 | +0.299% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3700 | +0.367% | $471K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3510 | −0.069% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3457 | −0.191% | $31K | $608 | 10x | as long as short |
| BingX NEAR-USDC | +0.0105% | 8h | 4.3520 | −0.046% | — | $6.6M | — | as long as short |
| Aevo NEAR-PERPlong | +0.0112% | 1h | 4.3540 | long leg | $202K | $37K | 3x | |
| MEXC NEAR_USDT | +0.0119% | 8h | 4.3580 | +0.092% | $82.7M | $145.7M | 200x | as long as short |
| Binance NEARUSDT | +0.0123% | 8h | 4.3550 | +0.023% | $265.0M | $1.09B | 75x | as long as short |
| BloFin NEAR-USDT | +0.0239% | 8h | 4.3520 | −0.046% | $13.3M | $31.9M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3556 | +0.037% | $2.3M | $16.2M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0312% / S −0.0201% | 1h | 4.3496 | −0.101% | $233K | — | 100x | |
| Kalshi KXNEARPERP | +0.0312% | 8h | 4.3577 | +0.085% | $994K | $24.7M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0336% | 8h | 4.3540 | 0.000% | $2.8M | $5.2M | 50x | as long as short |
| Nado NEAR-PERP | +0.0402% | 1h | 4.3505 | −0.080% | $1.7M | $3.2M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0435% | 1h | 4.3520 | −0.046% | $167K | $795K | 50x | as long as short |
| Extended NEAR-USD | +0.0504% | 1h | 4.3493 | −0.108% | $3.7M | $19.4M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0543% | 1h | 4.3505 | −0.080% | $5K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0654% | 1h | 4.3533 | −0.016% | $357.5M | $311.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0688% | 1h | 4.3534 | −0.014% | $1.3M | $6.6M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0693% | 1h | 4.3535 | −0.011% | $1.9M | $11.7M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0727% | 1h | 4.3492 | −0.110% | $7.3M | $39.1M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0728% | 1h | 4.3542 | +0.005% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3550 | +0.023% | $225K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.3492 | −0.111% | $398K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.0920% | 1h | 4.3541 | +0.003% | $17.1M | $25.2M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3660 | +0.276% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1112% | 1h | 4.3540 | 0.000% | $1.5M | $7.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3529 | −0.026% | $689K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1317% | 1h | 4.3456 | −0.194% | $5K | $12K | 10x | as long as short |
Bitget NEARUSDT
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
BingX NEAR-USDC
MEXC NEAR_USDT
Binance NEARUSDT
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
Aster NEARUSDT
Nado NEAR-PERP
ApeX Omni NEARUSDT
Extended NEAR-USD
SoDEX NEAR-USD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD