Funding you earn now, next payment 03:00 UTC−0.0090%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Popdex−0.746%50s7-day average −0.014% · 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−$2892.886% of the position
Funding, last 3 days (all we have)−0.090%−$9 on $10k
+Price spread, last 4 days (all we have)+1.537%+$154 · spread now −0.746%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.732% cheaper against Popdex than usual: you would sell low and buy high (−$73 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 50 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 | Popdex NEARUSDT | 4.4750 | 0.0096 | pay 0.0012% / 1h | 3m 34s | $116K | $516K | 50x |
| Short | gTrade (Gains Network) NEAR/USD | 4.4416 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 3m 34s | $166K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Popdex. 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
- −$18.85
- Price spread: −0.746% → −0.014%
- −$73.18
- Slippage, 4 orders
- −$272.18
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$380.61
- Costs to cover
- 2.886%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 60 min ago; gTrade (Gains Network): virtual book (oracle venue), 60 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 Popdex live order book, 60 min ago | 2.29 bp | 8.3 bp −$8 | 70.0 bp −$700 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 60 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4362 | −0.866% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4520 | −0.514% | $2.2M | $15.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4719 | −0.069% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4513 | −0.530% | $563K | $21.9M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USDshort | L +0.0004% / S −0.0006% | 1h | 4.4416 | −0.746% | $166K | — | 150x | |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.464% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDTlong | +0.0096% | 1h | 4.4750 | long leg | $116K | $516K | 50x | |
| Pacifica NEAR | +0.0100% | 1h | 4.4737 | −0.029% | $427K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4770 | +0.045% | $274.7M | $1.12B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4750 | 0.000% | $224.0M | $429.3M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4710 | −0.089% | $63.8M | $306.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4470 | −0.626% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4732 | −0.040% | $32.4M | $65.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4760 | +0.022% | $75.6M | $150.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4730 | −0.045% | $55.4M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4728 | −0.049% | $73.6M | $131.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4730 | −0.045% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4486 | −0.589% | $8.6M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4501 | −0.556% | $267K | $977K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4479 | −0.606% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4460 | −0.648% | $171K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4400 | −0.782% | $256K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4436 | −0.702% | $57K | $237K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4510 | −0.536% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4478 | −0.608% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4620 | −0.291% | $457K | $4.1M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4600 | −0.335% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4691 | −0.131% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4470 | −0.626% | $207K | $40K | 3x | as long as short |
| Extended NEAR-USD | +0.0200% | 1h | 4.4698 | −0.116% | $4.0M | $19.5M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4500 | −0.559% | $14.0M | $33.4M | 75x | as long as short |
| Aster NEARUSDT | +0.0286% | 8h | 4.4667 | −0.186% | $3.1M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0235% | 1h | 4.4411 | −0.758% | $266K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0376% | 1h | 4.4776 | +0.058% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4810 | +0.134% | $216K | $1.8M | 10x | as long as short |
| Nado NEAR-PERP | +0.0481% | 1h | 4.4336 | −0.926% | $1.9M | $3.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0493% | 1h | 4.4458 | −0.653% | $1.9M | $4.5M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0533% | 1h | 4.4588 | −0.362% | $1.4M | $6.7M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0691% | 1h | 4.4563 | −0.418% | $8.3M | $41.3M | 50x | as long as short |
| Lighter RH NEAR | +0.0704% | 1h | 4.4759 | +0.020% | $1.6M | $7.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0767% | 1h | 4.4749 | −0.002% | $372.3M | $326.6M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.5453 | +1.571% | $1.9M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4777 | +0.061% | $574K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.1120% | 1h | 4.4812 | +0.139% | $18.0M | $27.1M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1646% | 1h | 4.4963 | +0.476% | $6K | $12K | 10x | as long as short |
Popdex NEARUSDT
gTrade (Gains Network) NEAR/USD
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
Injective NEAR/USDC PERP
Pacifica NEAR
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD