NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0341%/8h= −37.3% APRnext payment −$0.43 per $10,000 · paid last 24h −0.105%

Price spread now: dYdX against GMX−0.001%7-day average −0.002% · you buy dearer than you sell

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

Long on GMX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.339%−$34 on $10k

Price spread, last 4 days (all we have)−0.408%−$41 · spread now −0.001%, 7d avg −0.002%

Together, before fees−0.747%−$75 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX NEAR/USD [ETH-USDC]	4.4714	L +0.0341% / S −0.0226%	pay 0.0043% / 1h	53m 38s	$262K	—	100x
Short	dYdX NEAR-USD	4.4714	0	get 0.0000% / 1h	53m 38s	$110K	$53K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.001%Rate

Funding earned: −$71.53
Price spread: −0.001% → −0.002%: $0.13
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$93.41
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; dYdX: live order book, 58 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 dYdX live order book, 58 min ago	75.26 bp	80.3 bp −$80	86.0 bp −$860	198.6 bp −$19.9K	578.6 bp −$289.3K

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 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	−0.0237%	1h	4.4685	−0.065%	$7.4M	$37.0M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.4694	−0.045%	$2K	—	20x	as long as short
dYdX NEAR-USDshort	0.0000%	1h	4.4714	−0.001%	$110K	$53K	10x
Kalshi KXNEARPERP	0.0000%	8h	4.4706	−0.019%	$764K	$26.2M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4695	−0.044%	$168K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.390%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4720	+0.013%	$123K	$505K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.4730	+0.035%	$2.6M	$4.7M	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4740	+0.057%	$271.6M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4742	+0.062%	$231.1M	$428.4M	75x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4730	+0.035%	$63.9M	$297.5M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4950	+0.527%	$268K	$12K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4721	+0.015%	$39.8M	$61.7M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4740	+0.057%	$75.8M	$167.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4750	+0.080%	$53.1M	$44.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4705	−0.021%	$74.1M	$127.3M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4730	+0.035%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4874	+0.356%	$8.9M	$16.8M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4966	+0.563%	$266K	$867K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4966	+0.562%	$1.5M	$1.7M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.5130	+0.929%	$168K	$825K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4733	+0.042%	$280K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4731	+0.037%	$58K	$269K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4780	+0.147%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4715	+0.001%	$5K	$40K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4770	+0.124%	$464K	$3.7M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4730	+0.035%	$3.4M	$7.9M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.4738	+0.052%	$32K	$51	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4750	+0.080%	$3.7M	$15.0M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4719	+0.011%	$208K	$38K	3x	as long as short
Lighter NEAR	+0.0128%	1h	4.4762	+0.107%	$17.5M	$23.3M	15x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4690	−0.055%	$12.8M	$32.5M	75x	as long as short
Hyperliquid NEAR	+0.0251%	1h	4.4729	+0.033%	$360.5M	$314.4M	10x	as long as short
01 Exchange NEARUSD	+0.0264%	1h	4.4745	+0.068%	$13K	$4K	10x	as long as short
Nado NEAR-PERP	+0.0270%	1h	4.4735	+0.046%	$1.7M	$3.1M	10x	as long as short
GMX NEAR/USD [ETH-USDC]long	L +0.0341% / S −0.0226%	1h	4.4714	long leg	$262K	—	100x
Arcus NEAR-USD	+0.0343%	1h	4.4760	+0.102%	$226K	$1.4M	10x	as long as short
Lighter RH NEAR	+0.0448%	1h	4.4789	+0.167%	$1.6M	$5.8M	10x	as long as short
RISEx NEAR/USDC	+0.0489%	1h	4.4738	+0.052%	$634K	$1.6M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0504%	1h	4.4786	+0.160%	$2.3M	$17.6M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0577%	1h	4.4772	+0.129%	$1.1M	$7.0M	20x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0734%	1h	4.4768	+0.120%	$1.9M	$13.0M	25x	as long as short
Phoenix NEAR	+0.0851%	1h	4.5045	+0.739%	$1.7M	$2.7M	10x	as long as short
Pacifica NEAR	+0.0851%	1h	4.4736	+0.049%	$421K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1178%	1h	4.4894	+0.401%	$6K	$6K	10x	as long as short