Funding you earn now, next payment 09:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Polymarket Perps−0.059%7-day average −0.016% · 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−$290as in the Price arb table
costs, in and out, $10k−$2852.854% of the position
Funding, last 4 days (all we have)−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)+0.966%+$97 · spread now −0.059%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.044% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NEAR-USD | 4.3725 | 0.0100 | pay 0.0013% / 1h | 35m 23s | $273K | $4.1M | 10x |
| Short | gTrade (Gains Network) NEAR/USD | 4.3699 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 35m 23s | $164K | — | 150x |
Polymarket Perps NEAR-USD
gTrade (Gains Network) NEAR/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Polymarket Perps. 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
- −$19.66
- Price spread: −0.059% → −0.016%
- −$4.37
- Slippage, 4 orders
- −$267.36
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$309.39
- Costs to cover
- 2.854%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 29 min ago; gTrade (Gains Network): virtual book (oracle venue), 63 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 Polymarket Perps live order book, 29 min ago | 2.07 bp | 6.4 bp −$6 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 63 min ago | 130.01 bp | 137.7 bp −$138 | 1007.8 bp −$10.1K | 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 | −0.0432% | 1h | 4.3698 | −0.062% | $7.2M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3704 | −0.048% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3703 | −0.051% | $107K | $65K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USDshort | L +0.0004% / S −0.0006% | 1h | 4.3699 | −0.059% | $164K | — | 150x | |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.294% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3740 | +0.034% | $119K | $503K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3731 | +0.014% | $2.7M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3729 | +0.009% | $220.4M | $427.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3710 | −0.034% | $61.7M | $295.3M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3740 | +0.034% | $221K | $1.5M | 10x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3722 | −0.007% | $36.5M | $62.1M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3720 | −0.011% | $52.5M | $45.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3707 | −0.041% | $72.1M | $127.8M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3708 | −0.039% | $9.0M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3747 | +0.051% | $254K | $893K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3650 | −0.172% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3730 | +0.011% | $165K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USDlong | +0.0100% | 1h | 4.3725 | long leg | $273K | $4.1M | 10x | |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3723 | −0.005% | $56K | $239K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3770 | +0.103% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3715 | −0.023% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3710 | −0.034% | $3.5M | $8.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3708 | −0.038% | $252K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3702 | −0.052% | $32K | $585 | 10x | as long as short |
| Binance NEARUSDT | +0.0103% | 8h | 4.3747 | +0.050% | $264.1M | $1.09B | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3693 | −0.072% | $3.6M | $15.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3720 | −0.011% | $203K | $40K | 3x | as long as short |
| MEXC NEAR_USDT | +0.0105% | 8h | 4.3730 | +0.011% | $90.2M | $157.2M | 200x | as long as short |
| BingX NEAR-USDT | +0.0118% | 8h | 4.3720 | −0.011% | — | $83.5M | — | as long as short |
| Kalshi KXNEARPERP | +0.0146% | 8h | 4.3706 | −0.043% | $866K | $25.5M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0228% | 8h | 4.3750 | +0.057% | $12.5M | $32.4M | 75x | as long as short |
| Hyperliquid NEAR | +0.0230% | 1h | 4.3766 | +0.094% | $353.6M | $316.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0272% | 1h | 4.3715 | −0.023% | $1.7M | $3.2M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.3789 | +0.146% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0255% | 1h | 4.3695 | −0.069% | $257K | — | 100x | as long as short |
| HTX NEAR-USDT | +0.0385% | 8h | 4.3800 | +0.172% | $463K | $3.7M | 75x | as long as short |
| Lighter RH NEAR | +0.0448% | 1h | 4.3775 | +0.114% | $1.5M | $6.4M | 10x | as long as short |
| Lighter NEAR | +0.0472% | 1h | 4.3762 | +0.085% | $17.3M | $23.9M | 15x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3719 | −0.014% | $2.3M | $17.2M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0521% | 1h | 4.3737 | +0.027% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3752 | +0.063% | $593K | $1.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0688% | 1h | 4.3743 | +0.041% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3717 | −0.017% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.3762 | +0.085% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1058% | 1h | 4.3766 | +0.095% | $5K | $7K | 10x | as long as short |
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Paradex NEAR-USD-PERP
Binance NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
MEXC NEAR_USDT
BingX NEAR-USDT
Kalshi KXNEARPERP
BloFin NEAR-USDT
Hyperliquid NEAR
Nado NEAR-PERP
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
Lighter RH NEAR
Lighter NEAR
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD