NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0253%/8h= −27.7% APRnext payment −$0.32 per $10,000 · paid last 24h −0.074%

Price spread now: ApeX Omni against GMX−0.291%7-day average +0.083% · you buy dearer than you sell

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

Long on GMX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.230%−$23 on $10k

Price spread, last 4 days (all we have)+0.712%+$71 · spread now −0.291%, 7d avg +0.083%

Together, before fees+0.482%+$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and ApeX Omni is 0.374% cheaper against GMX than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.083%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX NEAR/USD [ETH-USDC]	4.3677	L +0.0353% / S −0.0256%	pay 0.0044% / 1h	30m 31s	$257K	—	100x
Short	ApeX Omni NEARUSDT	4.3550	0.0100	get 0.0013% / 1h	30m 31s	$164K	$825K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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 GMXbpFee ApeX OmnibpOrdersPrice spread, now −0.291%Rate

Funding earned: −$53.12
Price spread: −0.291% → +0.083%: −$37.41
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$112.53
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 3 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 3 min ago	4.59 bp	17.7 bp −$18	99.1 bp −$991	doesn't fit	doesn't fit

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	−0.0432%	1h	4.3676	−0.002%	$7.2M	$38.7M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3683	+0.014%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3703	+0.058%	$107K	$65K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3689	+0.027%	$164K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.191%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3720	+0.098%	$120K	$503K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3720	+0.098%	$2.7M	$4.7M	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3727	+0.114%	$263.6M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3700	+0.052%	$220.1M	$427.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3690	+0.029%	$61.6M	$294.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NEAR-USD	+0.0100%	1h	4.3750	+0.167%	$222K	$1.5M	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3684	+0.016%	$36.6M	$62.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3690	+0.029%	$90.4M	$157.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3720	+0.098%	$52.5M	$45.4M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3690	+0.029%	$72.1M	$127.5M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3688	+0.024%	$9.0M	$18.1M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3563	−0.261%	$253K	$895K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3640	−0.084%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDTshort	+0.0100%	1h	4.3550	−0.291%	$164K	$825K	50x
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3703	+0.059%	$273K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3718	+0.094%	$56K	$239K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3800	+0.281%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3695	+0.041%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3710	+0.075%	$3.5M	$8.1M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3708	+0.071%	$252K	$3K	10x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3699	+0.050%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3679	+0.003%	$3.6M	$15.5M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3710	+0.075%	$203K	$40K	3x	as long as short
BingX NEAR-USDC	+0.0107%	8h	4.3700	+0.052%	—	$6.7M	—	as long as short
Kalshi KXNEARPERP	+0.0141%	8h	4.3727	+0.114%	$865K	$25.4M	2.2x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3730	+0.121%	$12.7M	$32.3M	75x	as long as short
Hyperliquid NEAR	+0.0236%	1h	4.3691	+0.032%	$353.1M	$316.3M	10x	as long as short
Nado NEAR-PERP	+0.0263%	1h	4.3730	+0.121%	$1.7M	$3.1M	10x	as long as short
01 Exchange NEARUSD	+0.0320%	1h	4.3740	+0.144%	$13K	$6K	10x	as long as short
GMX NEAR/USD [ETH-USDC]long	L +0.0353% / S −0.0256%	1h	4.3677	long leg	$257K	—	100x
HTX NEAR-USDT	+0.0408%	8h	4.3850	+0.396%	$463K	$3.7M	75x	as long as short
Lighter NEAR	+0.0424%	1h	4.3743	+0.150%	$17.3M	$23.9M	15x	as long as short
Lighter RH NEAR	+0.0464%	1h	4.3752	+0.171%	$1.5M	$6.4M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3757	+0.183%	$2.3M	$17.2M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0519%	1h	4.3716	+0.089%	$1.1M	$7.1M	20x	as long as short
RISEx NEAR/USDC	+0.0656%	1h	4.3729	+0.118%	$591K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0701%	1h	4.3695	+0.040%	$412K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0740%	1h	4.3734	+0.130%	$1.8M	$2.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0803%	1h	4.3737	+0.137%	$1.9M	$13.1M	25x	as long as short
Aftermath Perps NEARUSD	+0.1033%	1h	4.3729	+0.119%	$5K	$7K	10x	as long as short