NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0286%/8h= −31.3% APRnext payment −$0.36 per $10,000 · paid last 24h −0.078%

Price spread now: Injective against GMX−4.564%57s7-day average — · you buy dearer than you sell

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

Long on GMX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Injective is 4.564% cheaper against GMX than usual: you would sell low and buy high (−$456 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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	GMX NEAR/USD [ETH-USDC]	4.3390	L +0.0319% / S −0.0191%	pay 0.0040% / 1h	49m 38s	$231K	—	100x
Short	Injective NEAR/USDC PERP	4.1410	0.0033	get 0.0004% / 1h	49m 38s	$578	$301K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −4.564%Rate

Funding earned: −$59.96
Price spread: −4.564% → 0.000%: −$456.41
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$528.38
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Injective: 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 GMX no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

GMX and Injective: 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	4.3418	+0.064%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3453	+0.143%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3372	−0.042%	$163K	—	150x	as long as short
Injective NEAR/USDC PERPshort	+0.0033%	1h	4.1410	−4.564%	$578	$301K	12x
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3452	+0.142%	$2.3M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3500	+0.253%	$107K	$502K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3525	+0.311%	$267.8M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3453	+0.144%	$218.6M	$424.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3460	+0.160%	$62.0M	$291.6M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3771	+0.878%	$249K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3464	+0.170%	$31.8M	$60.5M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3500	+0.253%	$73.8M	$143.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3480	+0.207%	$54.1M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3462	+0.165%	$71.3M	$128.9M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3470	+0.184%	—	$146.2M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3497	+0.247%	$8.4M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3582	+0.442%	$255K	$948K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3520	+0.299%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3560	+0.391%	$167K	$801K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3445	+0.126%	$246K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3450	+0.137%	$56K	$245K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3510	+0.276%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3580	+0.437%	$454K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3470	+0.184%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3452	+0.143%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3409	+0.042%	$202K	$40K	3x	as long as short
Kalshi KXNEARPERP	+0.0114%	8h	4.3512	+0.280%	$573K	$22.7M	2.2x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3540	+0.345%	$13.7M	$32.3M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3493	+0.237%	$413K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0309%	8h	4.3470	+0.183%	$2.9M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]long	L +0.0319% / S −0.0191%	1h	4.3390	long leg	$231K	—	100x
SoDEX NEAR-USD	+0.0378%	1h	4.3445	+0.126%	$8K	$52K	10x	as long as short
01 Exchange NEARUSD	+0.0504%	1h	4.3528	+0.317%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0528%	1h	4.3486	+0.220%	$1.4M	$6.6M	20x	as long as short
Hyperliquid NEAR	+0.0595%	1h	4.3505	+0.264%	$358.2M	$318.6M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3530	+0.322%	$214K	$1.6M	10x	as long as short
Extended NEAR-USD	+0.0648%	1h	4.3463	+0.168%	$3.9M	$19.7M	25x	as long as short
Nado NEAR-PERP	+0.0680%	1h	4.3420	+0.068%	$1.9M	$3.1M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0709%	1h	4.3459	+0.159%	$7.7M	$39.7M	50x	as long as short
Lighter RH NEAR	+0.0880%	1h	4.3529	+0.320%	$1.5M	$7.3M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3617	+0.522%	$1.8M	$2.8M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1087%	1h	4.3446	+0.128%	$1.9M	$8.2M	25x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3536	+0.336%	$595K	$1.4M	10x	as long as short
Lighter NEAR	+0.1264%	1h	4.3547	+0.362%	$17.6M	$24.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.1635%	1h	4.3635	+0.564%	$5K	$12K	10x	as long as short