NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0214%/8h= +23.4% APRnext payment +$0.27 per $10,000 · paid last 24h +0.074%

Price spread now: GMX against Bulk−0.343%7-day average −0.008% · you buy dearer than you sell

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

Long on Bulk Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.242%+$24 on $10k

Price spread, last 3 days (all we have)+0.663%+$66 · spread now −0.343%, 7d avg −0.008%

Together, before fees+0.905%+$90 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.336% cheaper against Bulk than usual: you would sell low and buy high (spread −0.343% now, against its 7-day average of −0.008%). If the spread goes back, that is −$34 on $10k: about 5.2 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk NEAR-USD	4.3000	0.0100	pay 0.0013% / 1h	48m 04s	$245K	$2K	10x
Short	GMX NEAR/USD [ETH-USDC]	4.2852	L +0.0375% / S −0.0314%	get 0.0039% / 1h	48m 04s	$275K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Bulk. 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 BulkbpFee GMXbpOrdersPrice spread, now −0.343%Rate

Funding earned: $44.96
Price spread: −0.343% → −0.008%: −$33.56
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$7.59
Costs to cover: 0.190%
Break-even: 8.2 days

Slippage unknown: Bulk: live order book, 31 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 Bulk live order book, 31 min ago	11.83 bp	15.3 bp −$15	15.3 bp −$153	15.3 bp −$1,533	31.0 bp −$15.5K
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	4.2817	−0.425%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0072%	1h	4.2964	−0.084%	$2.2M	$13.1M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2801	−0.462%	$111K	$59K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2877	−0.286%	$392K	$18.4M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2852	−0.344%	$204K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.698%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2810	−0.442%	$109K	$496K	50x	as long as short
Bybit NEARUSDT	+0.0099%	8h	4.2720	−0.651%	$219.6M	$421.6M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2816	−0.428%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2847	−0.356%	$3.0M	$5.6M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.2839	−0.374%	$403K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2771	−0.533%	$253.3M	$1.07B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2740	−0.605%	$61.0M	$285.3M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2810	−0.442%	$197K	$1.8M	10x	as long as short
Bulk NEAR-USDlong	+0.0100%	1h	4.3000	long leg	$245K	$2K	10x
Gate NEAR_USDT	+0.0100%	8h	4.2816	−0.428%	$30.2M	$58.8M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2820	−0.419%	$79.2M	$140.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2850	−0.349%	$56.2M	$43.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2734	−0.619%	$71.0M	$126.2M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2840	−0.372%	—	$138.3M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3020	+0.046%	$8.0M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3021	+0.049%	$269K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2980	−0.046%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2990	−0.023%	$180K	$788K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2862	−0.321%	$219K	$3.3M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2866	−0.312%	$57K	$194K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2940	−0.140%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2875	−0.291%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2830	−0.395%	$3.9M	$8.2M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2732	−0.623%	$4.0M	$15.9M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2861	−0.322%	$206K	$62K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0118%	1h	4.2909	−0.213%	$7.5M	$36.9M	50x	as long as short
01 Exchange NEARUSD	+0.0216%	1h	4.2829	−0.398%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2970	−0.070%	$13.0M	$30.8M	75x	as long as short
Lighter RH NEAR	+0.0328%	1h	4.2899	−0.235%	$1.5M	$7.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]short	L +0.0375% / S −0.0314%	1h	4.2852	−0.343%	$275K	—	100x
Deribit NEAR_USDC-PERPETUAL	+0.0403%	1h	4.2888	−0.260%	$1.9M	$2.3M	25x	as long as short
RISEx NEAR/USDC	+0.0404%	1h	4.2832	−0.391%	$413K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0452%	1h	4.2863	−0.319%	$1.3M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0463%	1h	4.3418	+0.972%	$1.8M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0852%	1h	4.2800	−0.465%	$1.9M	$3.4M	10x	as long as short
HTX NEAR-USDT	+0.0884%	8h	4.2920	−0.186%	$458K	$3.7M	75x	as long as short
Aftermath Perps NEARUSD	+0.1214%	1h	4.3048	+0.113%	$5K	$11K	10x	as long as short
Hyperliquid NEAR	+0.1223%	1h	4.2897	−0.240%	$369.7M	$297.9M	10x	as long as short
Lighter NEAR	+0.1952%	1h	4.2973	−0.063%	$16.5M	$23.7M	15x	as long as short