NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0355%/8h= −38.8% APRnext payment −$0.44 per $10,000 · paid last 24h −0.106%

Price spread now: gTrade (Gains Network) against GMX+0.011%7-day average +0.006% · you sell dearer than you buy

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

Long on GMX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.307%−$31 on $10k

Price spread, last 3 days (all we have)+0.005%+$1 · spread now +0.011%, 7d avg +0.006%

Together, before fees−0.302%−$30 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$11 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]	4.3121	L +0.0359% / S −0.0278%	pay 0.0045% / 1h	40m 51s	$259K	—	100x
Short	gTrade (Gains Network) NEAR/USD	4.3125	L +0.0004% / S −0.0004%	get 0.0001% / 1h	40m 51s	$200K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.011%Rate

Funding earned: −$74.47
Price spread: +0.011% → +0.006%: $0.44
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$96.03
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 28 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 gTrade (Gains Network) virtual book (oracle venue), 28 min ago	130.01 bp	137.7 bp −$138	1007.8 bp −$10.1K	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
Reya NEARRUSDPERP	−0.0171%	1h	4.3134	+0.031%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3122	+0.002%	$2.1M	$13.5M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3005	−0.269%	$107K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3093	−0.065%	$505K	$19.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USDshort	L +0.0004% / S −0.0004%	1h	4.3125	+0.011%	$200K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.968%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0043%	8h	4.3108	−0.029%	$8.2M	$19.1M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3160	+0.091%	$115K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3139	+0.042%	$57K	$161K	20x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3140	+0.044%	$3.0M	$5.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.3052	−0.161%	$407K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3118	−0.007%	$258.1M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3088	−0.076%	$219.0M	$419.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3120	−0.002%	$60.9M	$279.1M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3120	−0.002%	$204K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3300	+0.415%	$247K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3096	−0.058%	$30.9M	$60.5M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3140	+0.044%	$75.7M	$137.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3160	+0.091%	$55.5M	$42.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3128	+0.016%	$71.4M	$123.4M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3090	−0.072%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3211	+0.209%	$259K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3386	+0.615%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3250	+0.299%	$179K	$776K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3162	+0.095%	$214K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3190	+0.160%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3125	+0.009%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3260	+0.322%	$440K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3100	−0.049%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3068	−0.122%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3114	−0.015%	$3.8M	$17.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3130	+0.021%	$201K	$34K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0219%	1h	4.3157	+0.084%	$7.9M	$39.9M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3220	+0.230%	$13.2M	$27.6M	75x	as long as short
GMX NEAR/USD [ETH-USDC]long	L +0.0359% / S −0.0278%	1h	4.3121	long leg	$259K	—	100x
01 Exchange NEARUSD	+0.0376%	1h	4.3168	+0.109%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0449%	1h	4.3151	+0.070%	$1.9M	$3.0M	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3181	+0.140%	$539K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3533	+0.956%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0680%	1h	4.3178	+0.132%	$1.6M	$6.9M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0724%	1h	4.3156	+0.081%	$1.9M	$4.1M	25x	as long as short
Hyperliquid NEAR	+0.0774%	1h	4.3193	+0.167%	$363.3M	$305.6M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0787%	1h	4.3169	+0.111%	$1.4M	$6.0M	20x	as long as short
Lighter NEAR	+0.1448%	1h	4.3196	+0.175%	$17.2M	$24.6M	15x	as long as short
Aftermath Perps NEARUSD	+0.1450%	1h	4.3186	+0.151%	$5K	$12K	10x	as long as short