Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Popdex against GRVT−0.037%58s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.435% of the position
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−1.643%−$164 · spread now −0.037%, 7d avg −0.007%
=Together, before fees−1.655%+ Points / potential airdropGRVT: Active · farm board−$165 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.030% cheaper against GRVT than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.007%. The two prices were read 58 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 | GRVT NEAR_USDT_Perp | 4.5537 | 0.0100 | pay 0.0100% / 8h | 7h 02m | $1.5M | $1.6M | 10x |
| Short | Popdex NEARUSDT | 4.5520 | 0.0096 | get 0.0012% / 1h | 2m 00s | $119K | $516K | 50x |
GRVT NEAR_USDT_Perp
Popdex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against GRVT. 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
- −$0.84
- Price spread: −0.037% → −0.007%
- −$3.02
- Slippage, 4 orders
- −$28.08
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$47.34
- Costs to cover
- 0.435%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 min ago; Popdex: live order book, 32 min ago.
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 GRVT live order book, 1 min ago | 3.29 bp | 11.7 bp −$12 | 41.2 bp −$412 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 32 min ago | 4.59 bp | 9.7 bp −$10 | 58.0 bp −$580 | doesn't fit | doesn't fit |
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 | −0.0415% | 1h | 4.5494 | −0.094% | $7.5M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.5502 | −0.077% | $2K | — | 20x | as long as short |
| Phemex NEARUSDT | −0.0062% | 8h | 4.5470 | −0.147% | $3.6M | $7.7M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5518 | −0.042% | $111K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5468 | −0.152% | $171K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −9.063% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDTshort | +0.0096% | 1h | 4.5520 | −0.037% | $119K | $516K | 50x | |
| Aster NEARUSDT | +0.0100% | 8h | 4.5500 | −0.081% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5508 | −0.063% | $276.1M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5530 | −0.015% | $237.4M | $435.1M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
Phemex NEARUSDT
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Aster NEARUSDT
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 | 4.5510 | −0.059% | $64.8M | $310.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.5570 | +0.073% | $238K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5050 | −1.069% | $260K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5487 | −0.109% | $39.0M | $64.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5520 | −0.037% | $85.3M | $167.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5520 | −0.037% | $54.0M | $45.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5476 | −0.134% | $75.1M | $127.5M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.5520 | −0.037% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5318 | −0.482% | $9.4M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5430 | −0.234% | $268K | $900K | 20x | as long as short |
| GRVT NEAR_USDT_Perplong | +0.0100% | 8h | 4.5537 | long leg | $1.5M | $1.6M | 10x | |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5480 | −0.125% | $171K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5525 | −0.026% | $283K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5472 | −0.142% | $59K | $254K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5540 | +0.007% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5515 | −0.048% | $5K | $49K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5458 | −0.174% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5485 | −0.114% | $211K | $38K | 3x | as long as short |
| Paradex NEAR-USD-PERP | +0.0108% | 8h | 4.5560 | +0.050% | $33K | $413 | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0128% | 8h | 4.5630 | +0.205% | $913K | $25.5M | 2.2x | as long as short |
| Nado NEAR-PERP | +0.0219% | 1h | 4.5535 | −0.004% | $1.8M | $3.2M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5690 | +0.336% | $12.9M | $33.6M | 75x | as long as short |
| HTX NEAR-USDT | +0.0343% | 8h | 4.5550 | +0.029% | $482K | $3.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0348% / S −0.0244% | 1h | 4.5474 | −0.138% | $267K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0392% | 1h | 4.5524 | −0.028% | $13K | $5K | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.5569 | +0.071% | $2.4M | $17.9M | 50x | as long as short |
| Hyperliquid NEAR | +0.0497% | 1h | 4.5538 | +0.003% | $370.2M | $320.1M | 10x | as long as short |
| Lighter RH NEAR | +0.0560% | 1h | 4.5560 | +0.051% | $1.6M | $6.6M | 10x | as long as short |
| Lighter NEAR | +0.0568% | 1h | 4.5568 | +0.067% | $17.9M | $24.3M | 15x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0651% | 1h | 4.5529 | −0.017% | $1.1M | $7.2M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.5686 | +0.328% | $649K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.5586 | +0.107% | $430K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.5702 | +0.363% | $1.7M | $2.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1158% | 1h | 4.5526 | −0.024% | $2.0M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1261% | 1h | 4.5321 | −0.473% | $6K | $7K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Extended NEAR-USD
Aevo NEAR-PERP
Paradex NEAR-USD-PERP
Kalshi KXNEARPERP
Nado NEAR-PERP
BloFin NEAR-USDT
HTX NEAR-USDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Coinbase International NEAR-PERP-INTX
Hyperliquid NEAR
Lighter RH NEAR
Lighter NEAR
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD