Funding you earn now, next payment 09:00 UTC+0.0162%/8h= +17.7% APRpaid last 24h +0.053%
Price spread now: GMX against Gate+0.250%7-day average +0.022% · you sell dearer than you buy
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)+0.652%+$65 · spread now +0.250%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.228% dearer against Gate than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NEAR_USDT | 4.4768 | 0.0100 | pay 0.0100% / 8h | 7h 10m | $38.2M | $63.4M | 75x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.4880 | L +0.0360% / S −0.0262% | get 0.0033% / 1h | 10m 51s | $264K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- $33.94
- Price spread: +0.250% → +0.022%
- $22.8
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $29.74
- Costs to cover
- 0.270%
- Break-even
- 0.9 days
Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago | 2.79 bp | 14.7 bp −$15 | 20.1 bp −$201 | 45.7 bp −$4,568 | 61.7 bp −$30.8K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0421% | 1h | 4.4893 | +0.280% | $7.4M | $38.6M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4875 | +0.240% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4772 | +0.010% | $109K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4881 | +0.251% | $168K | — | 150x | as long as short |
| Phemex NEARUSDT | +0.0029% | 8h | 4.4890 | +0.273% | $3.6M | $7.7M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.501% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4890 | +0.273% | $115K | $509K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4816 | +0.108% | $2.7M | $4.6M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4810 | +0.094% | $270.8M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4780 | +0.027% | $228.3M | $427.1M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4750 | −0.040% | $62.9M | $303.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.4940 | +0.384% | $234K | $1.4M | 10x | as long as short |
| Gate NEAR_USDTlong | +0.0100% | 8h | 4.4768 | long leg | $38.2M | $63.4M | 75x | |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4840 | +0.161% | $88.1M | $163.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4860 | +0.206% | $53.1M | $45.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4794 | +0.058% | $73.9M | $127.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4780 | +0.027% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4848 | +0.180% | $9.3M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4718 | −0.112% | $259K | $896K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4710 | −0.130% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4750 | −0.040% | $168K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4910 | +0.317% | $280K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4902 | +0.299% | $57K | $239K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4970 | +0.451% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4895 | +0.284% | $5K | $49K | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4787 | +0.043% | $258K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4901 | +0.297% | $32K | $413 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4790 | +0.050% | $3.7M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4915 | +0.328% | $209K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0133% | 8h | 4.4884 | +0.259% | $934K | $25.5M | 2.2x | as long as short |
| Nado NEAR-PERP | +0.0217% | 1h | 4.4939 | +0.382% | $1.7M | $3.2M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4930 | +0.362% | $12.7M | $33.1M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0344% | 1h | 4.4960 | +0.429% | $13K | $6K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0360% / S −0.0262% | 1h | 4.4880 | +0.250% | $264K | — | 100x | |
| Hyperliquid NEAR | +0.0405% | 1h | 4.4930 | +0.361% | $365.1M | $318.7M | 10x | as long as short |
| HTX NEAR-USDT | +0.0468% | 8h | 4.4990 | +0.496% | $473K | $3.7M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.4988 | +0.491% | $2.3M | $17.7M | 50x | as long as short |
| Lighter NEAR | +0.0496% | 1h | 4.4942 | +0.388% | $17.7M | $24.1M | 15x | as long as short |
| Lighter RH NEAR | +0.0504% | 1h | 4.4954 | +0.415% | $1.6M | $6.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0603% | 1h | 4.4924 | +0.348% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.4919 | +0.336% | $618K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.4815 | +0.105% | $422K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.4790 | +0.049% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1113% | 1h | 4.4645 | −0.274% | $6K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1599% | 1h | 4.4963 | +0.436% | $1.9M | $13.1M | 25x | as long as short |
Gate NEAR_USDT
GMX NEAR/USD [ETH-USDC]
Kraken Futures PF_NEARUSD
gTrade (Gains Network) NEAR/USD
Phemex NEARUSDT
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Bulk NEAR-USD
Paradex NEAR-USD-PERP
Extended NEAR-USD
Kalshi KXNEARPERP
BloFin NEAR-USDT
01 Exchange NEARUSD
Hyperliquid NEAR
HTX NEAR-USDT
Coinbase International NEAR-PERP-INTX
Lighter NEAR
Lighter RH NEAR
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL