Funding you earn now, next payment 09:00 UTC−0.0253%/8h= −27.7% APRpaid last 24h −0.079%
Price spread now: OKX against GMX+0.026%7-day average −0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)−0.914%−$91 · spread now +0.026%, 7d avg −0.035%
=The price spread pays, funding is against you. OKX is 0.061% dearer against GMX than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.035%): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX NEAR/USD [ETH-USDC] | 4.3679 | L +0.0353% / S −0.0257% | pay 0.0044% / 1h | 30m 13s | $257K | — | 100x |
| Short | OKX NEAR-USDT-SWAP | 4.3690 | 0.0100 | get 0.0100% / 8h | 7h 30m | $61.6M | $294.8M | 50x |
GMX NEAR/USD [ETH-USDC]
OKX NEAR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$53.19
- Price spread: +0.026% → −0.035%
- $6.1
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$69.08
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago | 1.15 bp | 8.8 bp −$9 | 15.8 bp −$158 | 45.2 bp −$4,516 | 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 | 4.3677 | −0.004% | $7.2M | $38.6M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3683 | +0.010% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3686 | +0.015% | $107K | $65K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3680 | +0.002% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.194% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3720 | +0.094% | $120K | $503K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3680 | +0.003% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3709 | +0.069% | $263.5M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3690 | +0.026% | $220.0M | $427.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAPshort | +0.0100% | 8h | 4.3690 | +0.026% | $61.6M | $294.8M | 50x |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow 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 | +0.163% | $222K | $1.5M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3687 | +0.019% | $36.6M | $62.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3690 | +0.026% | $90.3M | $157.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3720 | +0.094% | $52.5M | $45.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3679 | 0.000% | $72.1M | $127.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3688 | +0.021% | $9.0M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3563 | −0.265% | $253K | $895K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3640 | −0.088% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3550 | −0.295% | $164K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3710 | +0.071% | $273K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3699 | +0.046% | $56K | $239K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3780 | +0.232% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3695 | +0.037% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3700 | +0.049% | $3.5M | $8.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3708 | +0.068% | $252K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3699 | +0.046% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3649 | −0.069% | $3.6M | $15.5M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3702 | +0.052% | $203K | $40K | 3x | as long as short |
| BingX NEAR-USDT | +0.0107% | 8h | 4.3680 | +0.003% | — | $83.2M | — | as long as short |
| Kalshi KXNEARPERP | +0.0140% | 8h | 4.3685 | +0.014% | $862K | $25.4M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3730 | +0.117% | $12.7M | $32.3M | 75x | as long as short |
| Hyperliquid NEAR | +0.0240% | 1h | 4.3748 | +0.158% | $353.5M | $316.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0267% | 1h | 4.3692 | +0.031% | $1.7M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.3740 | +0.140% | $13K | $6K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC]long | L +0.0353% / S −0.0257% | 1h | 4.3679 | long leg | $257K | — | 100x | |
| HTX NEAR-USDT | +0.0414% | 8h | 4.3830 | +0.346% | $463K | $3.7M | 75x | as long as short |
| Lighter NEAR | +0.0424% | 1h | 4.3734 | +0.127% | $17.3M | $23.9M | 15x | as long as short |
| Lighter RH NEAR | +0.0472% | 1h | 4.3747 | +0.156% | $1.5M | $6.4M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3786 | +0.245% | $2.3M | $17.2M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0519% | 1h | 4.3716 | +0.085% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3729 | +0.114% | $591K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3695 | +0.037% | $412K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0735% | 1h | 4.3710 | +0.071% | $1.9M | $13.1M | 25x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.3734 | +0.126% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1034% | 1h | 4.3730 | +0.118% | $5K | $7K | 10x | as long as short |
Arcus NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
BingX NEAR-USDT
Kalshi KXNEARPERP
BloFin NEAR-USDT
Hyperliquid NEAR
Nado NEAR-PERP
01 Exchange NEARUSD
HTX NEAR-USDT
Lighter NEAR
Lighter RH NEAR
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Aftermath Perps NEARUSD