Funding you earn now, next payment 11:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Polymarket Perps against gTrade (Gains Network)+0.204%56s7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2862.861% of the position
Funding, last 4 days (all we have)+0.101%+$10 on $10k
+Price spread, last 4 days (all we have)−0.537%−$54 · spread now +0.204%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.157% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.046%. The two prices were read 56 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 | gTrade (Gains Network) NEAR/USD | 4.4855 | L +0.0004% / S −0.0006% | pay 0.0001% / 1h | 8m 25s | $168K | — | 150x |
| Short | Polymarket Perps NEAR-USD | 4.4946 | 0.0100 | get 0.0013% / 1h | 8m 25s | $193K | $4.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against gTrade (Gains Network). 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
- $20.08
- Price spread: +0.204% → +0.046%
- $15.73
- Slippage, 4 orders
- −$268.11
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$250.29
- Costs to cover
- 2.861%
- Break-even
- 94.2 days
Slippage from gTrade (Gains Network): virtual book (oracle exchange), 38 min ago; Polymarket Perps: live order book, 4 min ago.
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 gTrade (Gains Network) virtual book (oracle exchange), 38 min ago | 130.01 bp | 135.0 bp −$135 | 875.9 bp −$8,759 | 9405.4 bp −$940.5K | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 2.01 bp | 6.0 bp −$6 | 8.5 bp −$85 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0236% | 1h | 4.4865 | +0.022% | $7.3M | $37.0M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4878 | +0.051% | $2K | — | 20x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4971 | +0.259% | $905K | $26.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USDlong | L +0.0004% / S −0.0006% | 1h | 4.4855 | long leg | $168K | — | 150x | |
| dYdX NEAR-USD | +0.0023% | 1h | 4.4898 | +0.096% | $110K | $53K | 10x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.680% | $578 | $301K | 12x | as long as short |
| 01 Exchange NEARUSD | +0.0080% | 1h | 4.4921 | +0.148% | $13K | $4K | 10x | as long as short |
| Lighter NEAR | +0.0096% | 1h | 4.4977 | +0.272% | $17.0M | $25.1M | 15x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4920 | +0.146% | $124K | $505K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4950 | +0.212% | $2.7M | $4.8M | 50x | as long as short |
Show all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.4960 | +0.235% | $271.1M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4954 | +0.221% | $230.7M | $430.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4960 | +0.235% | $64.0M | $301.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4606 | −0.554% | $275K | $24K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4927 | +0.161% | $40.8M | $63.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4960 | +0.235% | $71.6M | $171.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4940 | +0.190% | $54.9M | $44.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4935 | +0.179% | $74.9M | $127.8M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4940 | +0.190% | — | $74.4M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4714 | −0.315% | $8.7M | $16.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4743 | −0.249% | $265K | $861K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4740 | −0.255% | $1.5M | $1.8M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4700 | −0.345% | $167K | $809K | 50x | as long as short |
| Polymarket Perps NEAR-USDshort | +0.0100% | 1h | 4.4946 | +0.204% | $193K | $4.1M | 10x | |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4968 | +0.253% | $56K | $273K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4990 | +0.302% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4895 | +0.090% | $5K | $34K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4970 | +0.257% | $471K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4900 | +0.101% | $3.4M | $8.2M | 50x | as long as short |
| Hyperliquid NEAR | +0.0100% | 1h | 4.4974 | +0.266% | $361.3M | $311.7M | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4947 | +0.206% | $32K | $389 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4900 | +0.102% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4953 | +0.220% | $209K | $38K | 3x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0191% / S −0.0033% | 1h | 4.4745 | −0.245% | $241K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4930 | +0.168% | $12.7M | $32.6M | 75x | as long as short |
| Lighter RH NEAR | +0.0240% | 1h | 4.4934 | +0.177% | $1.5M | $6.0M | 10x | as long as short |
| Nado NEAR-PERP | +0.0260% | 1h | 4.4930 | +0.168% | $1.8M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.4950 | +0.212% | $227K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.4956 | +0.225% | $647K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.4941 | +0.192% | $2.3M | $17.6M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0555% | 1h | 4.4919 | +0.143% | $1.1M | $7.1M | 20x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.4807 | −0.106% | $1.7M | $2.7M | 10x | as long as short |
| Pacifica NEAR | +0.0851% | 1h | 4.4936 | +0.181% | $424K | $1.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0909% | 1h | 4.4927 | +0.161% | $1.9M | $13.0M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.0919% | 1h | 4.4815 | −0.089% | $6K | $6K | 10x | as long as short |
gTrade (Gains Network) NEAR/USD
Polymarket Perps NEAR-USD
Kraken Futures PF_NEARUSD
Kalshi KXNEARPERP
Injective NEAR/USDC PERP
01 Exchange NEARUSD
Lighter NEAR
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-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Hyperliquid NEAR
Paradex NEAR-USD-PERP
Extended NEAR-USD
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Lighter RH NEAR
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD