Funding you earn now, next payment 23:00 UTC+0.0228%/8h= +25.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.074%
Price spread now: GMX against Pacifica−0.089%7-day average −0.044% · 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)+0.234%+$23 on $10k
+Price spread, last 3 days (all we have)+0.124%+$12 · spread now −0.089%, 7d avg −0.044%
=Together, before fees+0.358%+ Points / potential airdropPacifica: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.045% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.044%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NEAR | 4.1829 | 0.0100 | pay 0.0013% / 1h | 34m 13s | $362K | $1.2M | 10x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.1792 | L +0.0381% / S −0.0328% | get 0.0041% / 1h | 34m 13s | $282K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $47.87
- Price spread: −0.089% → −0.044%
- −$4.54
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $23.33
- Costs to cover
- 0.200%
- Break-even
- 3.6 days
Slippage unknown: Pacifica: live order book, 5 min ago; 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 Pacifica live order book, 5 min ago | 2.17 bp | 6.5 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | 4.1770 | −0.141% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.1807 | −0.053% | $2.1M | $12.7M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −1.002% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1828 | −0.003% | $108K | $58K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1810 | −0.046% | $431K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1794 | −0.084% | $207K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0048% | 1h | 4.1838 | +0.020% | $7.6M | $36.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0072% | 1h | 4.1791 | −0.091% | $12K | $7K | 10x | as long as short |
| Lighter RH NEAR | +0.0096% | 1h | 4.1862 | +0.078% | $1.5M | $6.9M | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1790 | −0.094% | $111K | $483K | 50x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1800 | −0.070% | $54K | $157K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1815 | −0.034% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1838 | +0.022% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEARlong | +0.0100% | 1h | 4.1829 | long leg | $362K | $1.2M | 10x | |
| Binance NEARUSDT | +0.0100% | 8h | 4.1821 | −0.020% | $239.1M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1810 | −0.046% | $213.1M | $423.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1810 | −0.046% | $57.3M | $276.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1830 | +0.002% | $310K | $1.6M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1500 | −0.787% | $236K | $4K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1835 | +0.014% | $30.0M | $57.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1830 | +0.002% | $82.3M | $141.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1840 | +0.026% | $55.1M | $44.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1822 | −0.017% | $69.5M | $125.3M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.1810 | −0.046% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1530 | −0.715% | $7.7M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1507 | −0.771% | $237K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1549 | −0.669% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1510 | −0.763% | $182K | $789K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1821 | −0.020% | $207K | $3.2M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1840 | +0.026% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1810 | −0.046% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1810 | −0.046% | $3.8M | $8.2M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1790 | −0.094% | $3.8M | $14.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1795 | −0.082% | $201K | $62K | 3x | as long as short |
| Lighter NEAR | +0.0208% | 1h | 4.1888 | +0.140% | $16.0M | $23.2M | 15x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1830 | +0.002% | $12.3M | $33.5M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0228% | 1h | 4.1824 | −0.013% | $1.8M | $2.1M | 25x | as long as short |
| Hyperliquid NEAR | +0.0299% | 1h | 4.1882 | +0.126% | $353.3M | $298.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.1811 | −0.045% | $411K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0381% / S −0.0328% | 1h | 4.1792 | −0.089% | $282K | — | 100x | |
| Backpack NEAR_USDC_PERP | +0.0438% | 1h | 4.1869 | +0.095% | $1.2M | $5.7M | 20x | as long as short |
| Nado NEAR-PERP | +0.0531% | 1h | 4.1755 | −0.177% | $1.8M | $3.5M | 10x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.1571 | −0.617% | $1.7M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0822% | 1h | 4.1650 | −0.428% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.0986% | 8h | 4.1930 | +0.241% | $450K | $3.6M | 75x | as long as short |
Pacifica NEAR
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Lighter RH NEAR
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
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
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Lighter NEAR
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT