Funding you earn now, next payment 03:00 UTC−0.0529%/8h= −58.0% APRnext payment −$0.66 per $10,000 · paid last 24h −0.157%
Price spread now: Reya against GMX−0.953%55s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Reya is 0.953% cheaper against GMX than usual: you would sell low and buy high (−$95 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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] | 4.4925 | L +0.0358% / S −0.0247% | pay 0.0045% / 1h | 6m 30s | $270K | — | 100x |
| Short | Reya NEARRUSDPERP | 4.4497 | −0.0171 | pay 0.0021% / 1h | 6m 30s | $2K | — | 20x |
GMX NEAR/USD [ETH-USDC]
Reya NEARRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$111.16
- Price spread: −0.953% → 0.000%
- −$95.28
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$224.44
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Reya: 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 Reya no order-book sample | — | — | — | — | — |
GMX and Reya: 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 NEARRUSDPERPshort | −0.0171% | 1h | 4.4497 | −0.953% | $2K | — | 20x | |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4860 | −0.145% | $2.2M | $15.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4569 | −0.794% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.5042 | +0.260% | $538K | $21.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4504 | −0.937% | $167K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.824% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4620 | −0.679% | $112K | $513K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4641 | −0.632% | $426K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4550 | −0.835% | $273.4M | $1.11B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4485 | −0.980% | $223.4M | $427.7M | 75x | as long as short |
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4550 | −0.835% | $63.9M | $304.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5467 | +1.205% | $259K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4606 | −0.710% | $32.4M | $65.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4590 | −0.746% | $78.3M | $149.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4580 | −0.768% | $55.1M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4522 | −0.897% | $73.3M | $130.5M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4520 | −0.902% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5696 | +1.716% | $8.8M | $18.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5326 | +0.892% | $272K | $976K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5311 | +0.859% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5320 | +0.879% | $174K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4627 | −0.664% | $247K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4923 | −0.005% | $57K | $237K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4980 | +0.122% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4900 | −0.056% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4920 | −0.011% | $464K | $4.1M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4890 | −0.078% | $3.8M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4630 | −0.657% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4945 | +0.044% | $209K | $40K | 3x | as long as short |
| Extended NEAR-USD | +0.0184% | 1h | 4.4636 | −0.643% | $4.1M | $19.4M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4890 | −0.078% | $14.2M | $33.7M | 75x | as long as short |
| Aster NEARUSDT | +0.0295% | 8h | 4.4656 | −0.599% | $3.1M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC]long | L +0.0358% / S −0.0247% | 1h | 4.4925 | long leg | $270K | — | 100x | |
| 01 Exchange NEARUSD | +0.0384% | 1h | 4.4703 | −0.495% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4730 | −0.434% | $216K | $1.8M | 10x | as long as short |
| Nado NEAR-PERP | +0.0467% | 1h | 4.4521 | −0.899% | $1.9M | $3.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0530% | 1h | 4.4925 | 0.000% | $2.0M | $4.5M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0553% | 1h | 4.4817 | −0.241% | $1.4M | $6.7M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0686% | 1h | 4.4926 | +0.001% | $8.3M | $41.3M | 50x | as long as short |
| Lighter RH NEAR | +0.0704% | 1h | 4.4720 | −0.457% | $1.6M | $7.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0784% | 1h | 4.4573 | −0.784% | $371.4M | $324.3M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.5453 | +1.175% | $1.9M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4704 | −0.493% | $571K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.1136% | 1h | 4.4734 | −0.425% | $18.0M | $27.0M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1638% | 1h | 4.5215 | +0.646% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Extended NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
01 Exchange NEARUSD
Arcus NEAR-USD
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD