Funding you earn now, next payment 07:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.21 per $10,000 · paid last 24h +0.066%
Price spread now: GMX against Injective+6.822%57s7-day average −0.633% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)−8.976%−$898 · spread now +6.822%, 7d avg −0.633%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 7.455% dearer against Injective than usual: you sell high and buy low: +$746 more if the spread goes back to its 7-day average of −0.633%. The two prices were read 57 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 | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | pay 0.0004% / 1h | 32m 23s | $578 | $301K | 12x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.4235 | L +0.0314% / S −0.0197% | get 0.0025% / 1h | 32m 23s | $235K | — | 100x |
Injective NEAR/USDC PERP
GMX NEAR/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Injective. 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
- $34.44
- Price spread: +6.822% → −0.633%
- $745.55
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $767.97
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; GMX: 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 Injective no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Injective and 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 | 4.4223 | +6.793% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4338 | +7.070% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4240 | +6.834% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $301K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4290 | +6.955% | $112K | $491K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4249 | +6.856% | $224.5M | $435.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4240 | +6.834% | $62.6M | $297.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4350 | +7.100% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4246 | +6.849% | $35.5M | $61.4M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4260 | +6.882% | $53.4M | $46.3M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4254 | +6.868% | $73.2M | $127.2M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4297 | +6.972% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4392 | +7.202% | $259K | $964K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4380 | +7.172% | $167K | $805K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4289 | +6.952% | $297K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4277 | +6.923% | $59K | $236K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4430 | +7.293% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4320 | +7.027% | $465K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4380 | +7.172% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0105% | 8h | 4.4289 | +6.952% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0114% | 8h | 4.4327 | +7.044% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4317 | +7.021% | $206K | $38K | 3x | as long as short |
| BingX NEAR-USDC | +0.0190% | 8h | 4.4260 | +6.882% | — | $6.7M | — | as long as short |
| SoDEX NEAR-USD | +0.0191% | 1h | 4.4365 | +7.136% | $5K | $53K | 10x | as long as short |
| MEXC NEAR_USDT | +0.0193% | 8h | 4.4290 | +6.955% | $81.4M | $147.6M | 200x | as long as short |
| Binance NEARUSDT | +0.0197% | 8h | 4.4300 | +6.979% | $270.4M | $1.09B | 75x | as long as short |
| Extended NEAR-USD | +0.0224% | 1h | 4.4274 | +6.917% | $3.7M | $18.5M | 25x | as long as short |
| Kalshi KXNEARPERP | +0.0273% | 8h | 4.4294 | +6.965% | $1.1M | $25.2M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0314% | 8h | 4.4410 | +7.245% | $13.7M | $32.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0314% / S −0.0197% | 1h | 4.4235 | +6.822% | $235K | — | 100x | |
| Aster NEARUSDT | +0.0318% | 8h | 4.4271 | +6.909% | $2.8M | $5.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4400 | +7.220% | $2.3M | $16.7M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0456% | 1h | 4.4362 | +7.129% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0469% | 1h | 4.4422 | +7.274% | $1.4M | $6.8M | 20x | as long as short |
| Hyperliquid NEAR | +0.0488% | 1h | 4.4289 | +6.952% | $362.2M | $312.6M | 10x | as long as short |
| Nado NEAR-PERP | +0.0602% | 1h | 4.4245 | +6.846% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0658% | 1h | 4.4358 | +7.119% | $7.3M | $38.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4350 | +7.100% | $225K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0880% | 1h | 4.4413 | +7.252% | $17.4M | $25.1M | 15x | as long as short |
| Lighter RH NEAR | +0.0920% | 1h | 4.4373 | +7.155% | $1.5M | $6.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0991% | 1h | 4.4370 | +7.148% | $1.9M | $13.1M | 25x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.4771 | +8.116% | $1.8M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4359 | +7.121% | $409K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4289 | +6.952% | $669K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1272% | 1h | 4.4404 | +7.231% | $6K | $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
BingX NEAR-USDC
SoDEX NEAR-USD
MEXC NEAR_USDT
Binance NEARUSDT
Extended NEAR-USD
Kalshi KXNEARPERP
BloFin NEAR-USDT
Aster NEARUSDT
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Lighter NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD