Funding you earn now, next payment 07:00 UTC−0.0214%/8h= −23.5% APRpaid last 24h −0.071%
Price spread now: KuCoin against GMX−0.635%179s7-day average +0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.231%−$23 on $10k
+Price spread, last 4 days (all we have)+0.457%+$46 · spread now −0.635%, 7d avg +0.031%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.665% cheaper against GMX than usual: you would sell low and buy high (−$67 if the spread goes back to its 7-day average of +0.031%). Swap the legs. The two prices were read 179 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] | 4.4211 | L +0.0314% / S −0.0197% | pay 0.0039% / 1h | 28m 28s | $234K | — | 100x |
| Short | KuCoin NEARUSDTM | 4.3930 | 0.0100 | get 0.0100% / 8h | 1h 28m | $53.2M | $46.1M | 75x |
GMX NEAR/USD [ETH-USDC]
KuCoin NEARUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against GMX. 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
- −$44.99
- Price spread: −0.635% → +0.031%
- −$66.54
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$135.53
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 11 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 KuCoin live order book, 11 min ago | 1.12 bp | 16.2 bp −$16 | 33.2 bp −$332 | 106.0 bp −$10.6K | 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 | 4.3933 | −0.628% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4143 | −0.153% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4222 | +0.025% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.335% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3910 | −0.680% | $111K | $491K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3934 | −0.626% | $222.6M | $434.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3930 | −0.635% | $62.1M | $294.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4350 | +0.315% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3900 | −0.703% | $35.3M | $61.5M | 75x | as long as short |
| KuCoin NEARUSDTMshort | +0.0100% | 8h | 4.3930 | −0.635% | $53.2M | $46.1M | 75x |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.3927 | −0.642% | $72.1M | $127.1M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4217 | +0.015% | $8.8M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4291 | +0.182% | $259K | $967K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4270 | +0.134% | $167K | $805K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3934 | −0.626% | $299K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3958 | −0.572% | $59K | $236K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4010 | −0.454% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4010 | −0.454% | $462K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3990 | −0.499% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0105% | 8h | 4.3893 | −0.718% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0113% | 8h | 4.4260 | +0.112% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3975 | −0.533% | $204K | $38K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0185% | 1h | 4.3965 | −0.556% | $5K | $53K | 10x | as long as short |
| BingX NEAR-USDT | +0.0194% | 8h | 4.3940 | −0.612% | — | $144.0M | — | as long as short |
| MEXC NEAR_USDT | +0.0200% | 8h | 4.3960 | −0.567% | $79.0M | $148.4M | 200x | as long as short |
| Binance NEARUSDT | +0.0201% | 8h | 4.3945 | −0.600% | $268.2M | $1.09B | 75x | as long as short |
| Extended NEAR-USD | +0.0208% | 1h | 4.3930 | −0.636% | $3.7M | $18.4M | 25x | as long as short |
| Kalshi KXNEARPERP | +0.0265% | 8h | 4.4060 | −0.341% | $1.0M | $25.0M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0309% | 8h | 4.3933 | −0.629% | $2.8M | $5.0M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC]long | L +0.0314% / S −0.0197% | 1h | 4.4211 | long leg | $234K | — | 100x | |
| BloFin NEAR-USDT | +0.0320% | 8h | 4.3920 | −0.657% | $13.7M | $32.4M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4046 | −0.372% | $2.3M | $16.6M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0430% | 1h | 4.3917 | −0.664% | $1.4M | $6.8M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0448% | 1h | 4.3921 | −0.655% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0457% | 1h | 4.3933 | −0.628% | $358.6M | $314.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0617% | 1h | 4.3910 | −0.680% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0664% | 1h | 4.3921 | −0.654% | $7.3M | $38.3M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0706% | 1h | 4.3966 | −0.553% | $1.9M | $13.1M | 25x | as long as short |
| Lighter NEAR | +0.0816% | 1h | 4.3977 | −0.528% | $17.2M | $25.2M | 15x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.3950 | −0.590% | $223K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0912% | 1h | 4.3967 | −0.551% | $1.5M | $6.7M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.4297 | +0.195% | $1.8M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.3918 | −0.662% | $419K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.3934 | −0.625% | $668K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1278% | 1h | 4.4219 | +0.018% | $5K | $12K | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
SoDEX NEAR-USD
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
Extended NEAR-USD
Kalshi KXNEARPERP
Aster NEARUSDT
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Arcus NEAR-USD
Lighter RH NEAR
Phoenix NEAR
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD