Funding you earn now, next payment 07:00 UTC−0.0285%/8h= −31.2% APRnext payment −$0.36 per $10,000 · paid last 24h +0.076%
Price spread now: GMX against Coinbase International−0.267%7-day average +0.010% · 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)+0.418%+$42 on $10k
+Price spread, last 4 days (all we have)+0.264%+$26 · spread now −0.267%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.277% cheaper against Coinbase International than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.010%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.418%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International NEAR-PERP-INTX | 4.3265 | 0.0488 | pay 0.0061% / 1h | 37m 51s | $2.3M | $16.8M | 50x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.3149 | L +0.0315% / S −0.0203% | get 0.0025% / 1h | 37m 51s | $232K | — | 100x |
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Coinbase International. 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
- −$59.78
- Price spread: −0.267% → +0.010%
- −$27.7
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$109.49
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 6 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 Coinbase International live order book, 6 min ago | 3.59 bp | 10.8 bp −$11 | 32.8 bp −$328 | 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 | 4.3165 | −0.231% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3201 | −0.147% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3149 | −0.269% | $162K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3089 | −0.407% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.288% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3180 | −0.196% | $110K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3130 | −0.312% | $217.6M | $430.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3140 | −0.289% | $60.7M | $291.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3160 | −0.243% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3123 | −0.328% | $35.1M | $62.3M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3140 | −0.289% | $52.3M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3133 | −0.305% | $71.4M | $128.1M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3337 | +0.165% | $8.6M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3338 | +0.169% | $251K | $898K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3340 | +0.174% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3330 | +0.150% | $165K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3190 | −0.173% | $282K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3170 | −0.220% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3230 | −0.081% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3125 | −0.324% | $5K | $53K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3120 | −0.335% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3228 | −0.087% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3114 | −0.348% | $3.6M | $17.3M | 25x | as long as short |
| HTX NEAR-USDT | +0.0119% | 8h | 4.3290 | +0.058% | $462K | $3.8M | 75x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3152 | −0.261% | $201K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0188% | 8h | 4.3194 | −0.164% | $938K | $25.2M | 2.2x | as long as short |
| MEXC NEAR_USDT | +0.0199% | 8h | 4.3140 | −0.289% | $83.1M | $150.5M | 200x | as long as short |
| Binance NEARUSDT | +0.0199% | 8h | 4.3134 | −0.302% | $261.9M | $1.09B | 75x | as long as short |
| Aster NEARUSDT | +0.0202% | 8h | 4.3128 | −0.316% | $2.7M | $4.8M | 50x | as long as short |
| BingX NEAR-USDC | +0.0205% | 8h | 4.3130 | −0.312% | — | $6.6M | — | as long as short |
| Hyperliquid NEAR | +0.0244% | 1h | 4.3175 | −0.208% | $348.6M | $315.0M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0280% | 1h | 4.3200 | −0.150% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0315% / S −0.0203% | 1h | 4.3149 | −0.267% | $232K | — | 100x | |
| BloFin NEAR-USDT | +0.0319% | 8h | 4.3200 | −0.150% | $13.3M | $31.8M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0395% | 1h | 4.3140 | −0.289% | $1.2M | $7.0M | 20x | as long as short |
| Nado NEAR-PERP | +0.0470% | 1h | 4.3173 | −0.212% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTXlong | +0.0488% | 1h | 4.3265 | long leg | $2.3M | $16.8M | 50x | |
| Lighter RH NEAR | +0.0536% | 1h | 4.3160 | −0.243% | $1.5M | $6.6M | 10x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3220 | −0.104% | $225K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0654% | 1h | 4.3196 | −0.159% | $1.9M | $13.2M | 25x | as long as short |
| Lighter NEAR | +0.0760% | 1h | 4.3156 | −0.252% | $17.0M | $25.1M | 15x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3227 | −0.089% | $407K | $1.5M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3384 | +0.275% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3210 | −0.127% | $605K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1251% | 1h | 4.3268 | +0.007% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
HTX NEAR-USDT
Aevo NEAR-PERP
Kalshi KXNEARPERP
MEXC NEAR_USDT
Binance NEARUSDT
Aster NEARUSDT
BingX NEAR-USDC
Hyperliquid NEAR
01 Exchange NEARUSD
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Lighter RH NEAR
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD