Funding you earn now, next payment 11:00 UTC+0.0297%/8h= +32.6% APRnext payment +$0.37 per $10,000 · paid last 24h +0.100%
Price spread now: RISEx against GMX+0.191%106s7-day average +0.054% · 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)+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)−0.398%−$40 · spread now +0.191%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and RISEx is 0.137% dearer against GMX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.054%. The two prices were read 106 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] | 4.4368 | L +0.0191% / S −0.0034% | pay 0.0024% / 1h | 27m 36s | $239K | — | 100x |
| Short | RISEx NEAR/USDC | 4.4453 | 0.0489 | get 0.0061% / 1h | 27m 36s | $637K | $1.6M | 10x |
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $62.44
- Price spread: +0.191% → +0.054%
- $13.72
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $58.16
- Costs to cover
- 0.180%
- Break-even
- 0.5 days
Slippage unknown: GMX: no order-book sample; RISEx: 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 RISEx live order book, 4 min ago | 3.22 bp | 6.2 bp −$6 | 12.4 bp −$124 | 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 exchanges
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 | −0.0238% | 1h | 4.4442 | +0.166% | $7.3M | $36.9M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4470 | +0.229% | $2K | — | 20x | as long as short |
| 01 Exchange NEARUSD | −0.0008% | 1h | 4.4451 | +0.187% | $13K | $4K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4463 | +0.214% | $748K | $26.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4466 | +0.221% | $167K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.667% | $578 | $301K | 12x | as long as short |
| dYdX NEAR-USD | +0.0037% | 1h | 4.4434 | +0.149% | $109K | $53K | 10x | as long as short |
| Lighter NEAR | +0.0096% | 1h | 4.4537 | +0.380% | $16.9M | $24.8M | 15x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4440 | +0.162% | $122K | $502K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4452 | +0.189% | $2.7M | $4.8M | 50x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
01 Exchange NEARUSD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
dYdX NEAR-USD
Lighter NEAR
Popdex NEARUSDT
Aster NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.4447 | +0.177% | $267.3M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4428 | +0.135% | $228.5M | $428.5M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4410 | +0.095% | $63.5M | $296.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4650 | +0.636% | $266K | $13K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4441 | +0.164% | $39.7M | $62.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4450 | +0.185% | $71.7M | $169.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4570 | +0.455% | $54.2M | $44.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4436 | +0.153% | $74.2M | $127.3M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4450 | +0.185% | — | $75.2M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4475 | +0.240% | $8.7M | $16.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4388 | +0.046% | $263K | $862K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4462 | +0.212% | $1.5M | $1.8M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4380 | +0.027% | $165K | $808K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4480 | +0.252% | $206K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4468 | +0.225% | $55K | $273K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4550 | +0.410% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4475 | +0.241% | $5K | $34K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4540 | +0.388% | $466K | $3.6M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4480 | +0.252% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4449 | +0.183% | $32K | $389 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4440 | +0.162% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4467 | +0.223% | $207K | $38K | 3x | as long as short |
| Hyperliquid NEAR | +0.0114% | 1h | 4.4562 | +0.437% | $358.4M | $313.6M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC]long | L +0.0191% / S −0.0034% | 1h | 4.4368 | long leg | $239K | — | 100x | |
| Lighter RH NEAR | +0.0200% | 1h | 4.4533 | +0.372% | $1.5M | $5.9M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4380 | +0.027% | $12.7M | $32.4M | 75x | as long as short |
| Nado NEAR-PERP | +0.0262% | 1h | 4.4455 | +0.196% | $1.8M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.4470 | +0.230% | $224K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDCshort | +0.0489% | 1h | 4.4453 | +0.191% | $637K | $1.6M | 10x | |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.4521 | +0.345% | $2.3M | $17.4M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0539% | 1h | 4.4518 | +0.338% | $1.1M | $7.1M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0717% | 1h | 4.4516 | +0.333% | $1.9M | $13.0M | 25x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.4450 | +0.185% | $1.7M | $2.7M | 10x | as long as short |
| Pacifica NEAR | +0.0851% | 1h | 4.4524 | +0.353% | $418K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0918% | 1h | 4.4468 | +0.226% | $6K | $6K | 10x | as long as short |
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
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
Extended NEAR-USD
Aevo NEAR-PERP
Hyperliquid NEAR
Lighter RH NEAR
BloFin NEAR-USDT
Nado NEAR-PERP
Arcus NEAR-USD
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD