Funding you earn now, next payment 10:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.046%
Price spread now: GMX against ApeX Omni−0.117%7-day average −0.089% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.255%+$26 on $10k
+Price spread, last 4 days (all we have)−0.443%−$44 · spread now −0.117%, 7d avg −0.089%
=Funding pays, the price is against you. GMX is 0.028% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.089%). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NEARUSDT | 4.5050 | 0.0100 | pay 0.0013% / 1h | 1m 12s | $168K | $828K | 50x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.4997 | L +0.0342% / S −0.0235% | get 0.0029% / 1h | 1m 12s | $259K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against ApeX Omni. 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
- $28.33
- Price spread: −0.117% → −0.089%
- −$2.76
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $3.57
- Costs to cover
- 0.220%
- Break-even
- 6.1 days
Slippage unknown: ApeX Omni: live order book, 50 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 ApeX Omni live order book, 50 min ago | 8.99 bp | 17.4 bp −$17 | 96.7 bp −$967 | 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 exchanges
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 | 4.4889 | −0.357% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0140% | 1h | 4.5052 | +0.005% | $7.5M | $37.7M | 50x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.5036 | −0.031% | $814K | $26.3M | 2.2x | as long as short |
| dYdX NEAR-USD | +0.0002% | 1h | 4.4963 | −0.194% | $110K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5009 | −0.091% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.080% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5020 | −0.067% | $124K | $519K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5060 | +0.022% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5050 | 0.000% | $273.8M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5030 | −0.044% | $233.1M | $432.6M | 75x | as long as short |
Show all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5060 | +0.022% | $64.5M | $307.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.5040 | −0.022% | $228K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5100 | +0.111% | $269K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5047 | −0.007% | $39.9M | $64.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5060 | +0.022% | $77.3M | $173.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5070 | +0.044% | $53.5M | $45.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5027 | −0.051% | $74.7M | $129.4M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.5050 | 0.000% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5024 | −0.057% | $9.0M | $17.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5052 | +0.004% | $266K | $870K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5020 | −0.067% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDTlong | +0.0100% | 1h | 4.5050 | long leg | $168K | $828K | 50x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5043 | −0.016% | $282K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5061 | +0.024% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5160 | +0.244% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5065 | +0.033% | $5K | $40K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5090 | +0.089% | $468K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5010 | −0.089% | $3.4M | $7.9M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4962 | −0.196% | $32K | $51 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5040 | −0.021% | $3.8M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5044 | −0.014% | $209K | $38K | 3x | as long as short |
| 01 Exchange NEARUSD | +0.0192% | 1h | 4.5027 | −0.051% | $13K | $5K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5100 | +0.111% | $12.9M | $32.9M | 75x | as long as short |
| Hyperliquid NEAR | +0.0305% | 1h | 4.5098 | +0.107% | $363.9M | $318.3M | 10x | as long as short |
| Lighter NEAR | +0.0312% | 1h | 4.5067 | +0.038% | $17.6M | $24.0M | 15x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0342% / S −0.0235% | 1h | 4.4997 | −0.117% | $259K | — | 100x | |
| Nado NEAR-PERP | +0.0381% | 1h | 4.5040 | −0.022% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5034 | −0.036% | $2.3M | $17.7M | 50x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5036 | −0.031% | $639K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0616% | 1h | 4.5111 | +0.135% | $1.6M | $6.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0699% | 1h | 4.5091 | +0.091% | $1.1M | $7.0M | 20x | as long as short |
| Phoenix NEAR | +0.0851% | 1h | 4.5120 | +0.155% | $1.7M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.4986 | −0.142% | $418K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0949% | 1h | 4.5091 | +0.091% | $1.9M | $13.0M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1203% | 1h | 4.5055 | +0.011% | $6K | $7K | 10x | as long as short |
ApeX Omni NEARUSDT
GMX NEAR/USD [ETH-USDC]
Kraken Futures PF_NEARUSD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
01 Exchange NEARUSD
BloFin NEAR-USDT
Hyperliquid NEAR
Lighter NEAR
Coinbase International NEAR-PERP-INTX
RISEx NEAR/USDC
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD