Funding you earn now, next payment 00:00 UTC+0.0218%/8h= +23.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.076%
Price spread now: GMX against Popdex−0.049%7-day average −0.019% · 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)+0.246%+$25 on $10k
+Price spread, last 3 days (all we have)+0.204%+$20 · spread now −0.049%, 7d avg −0.019%
=Funding pays, the price is against you. GMX is 0.030% cheaper against Popdex than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.019%). If the spread goes back, that is −$3 on $10k: about 11 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 | Popdex NEARUSDT | 4.2910 | 0.0096 | pay 0.0012% / 1h | 21m 21s | $109K | $496K | 50x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.2889 | L +0.0376% / S −0.0314% | get 0.0039% / 1h | 21m 21s | $275K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $45.77
- Price spread: −0.049% → −0.019%
- −$3.03
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $24.34
- Costs to cover
- 0.184%
- Break-even
- 3.3 days
Slippage unknown: Popdex: live order book, 57 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 Popdex live order book, 57 min ago | 2.37 bp | 8.6 bp −$9 | 43.6 bp −$436 | 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 | 4.2882 | −0.065% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2861 | −0.114% | $2.3M | $13.1M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2859 | −0.118% | $111K | $62K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2799 | −0.259% | $340K | $18.7M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2873 | −0.087% | $202K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.496% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0056% | 8h | 4.2869 | −0.095% | $7.9M | $18.5M | — | as long as short |
| Bybit NEARUSDT | +0.0059% | 8h | 4.2835 | −0.175% | $218.5M | $422.4M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0080% | 1h | 4.2908 | −0.005% | $13K | $7K | 10x | as long as short |
| Popdex NEARUSDTlong | +0.0096% | 1h | 4.2910 | long leg | $109K | $496K | 50x |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2866 | −0.103% | $57K | $194K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2889 | −0.050% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2940 | +0.070% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2864 | −0.108% | $401K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2889 | −0.048% | $253.6M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2830 | −0.186% | $61.0M | $286.6M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2900 | −0.023% | $196K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2551 | −0.837% | $242K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2890 | −0.047% | $30.8M | $59.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2880 | −0.070% | $78.4M | $142.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2940 | +0.070% | $55.8M | $43.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2837 | −0.170% | $71.1M | $126.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2870 | −0.093% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2658 | −0.587% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2722 | −0.438% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2690 | −0.513% | $178K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2933 | +0.054% | $192K | $3.4M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2940 | +0.070% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2850 | −0.140% | $4K | $54K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2870 | −0.093% | $3.8M | $8.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2827 | −0.194% | $3.9M | $16.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2850 | −0.140% | $202K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0118% | 1h | 4.2899 | −0.025% | $7.7M | $37.6M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2880 | −0.070% | $13.0M | $29.4M | 75x | as long as short |
| Lighter RH NEAR | +0.0328% | 1h | 4.2916 | +0.014% | $1.5M | $7.0M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0356% | 1h | 4.2903 | −0.016% | $1.9M | $2.5M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0376% / S −0.0314% | 1h | 4.2889 | −0.049% | $275K | — | 100x | |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2913 | +0.008% | $418K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0457% | 1h | 4.2892 | −0.042% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2601 | −0.720% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0688% | 1h | 4.2874 | −0.084% | $1.9M | $3.4M | 10x | as long as short |
| Hyperliquid NEAR | +0.0732% | 1h | 4.2967 | +0.133% | $369.2M | $298.6M | 10x | as long as short |
| HTX NEAR-USDT | +0.0801% | 8h | 4.2930 | +0.047% | $462K | $3.7M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1149% | 1h | 4.2713 | −0.460% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1696% | 1h | 4.2961 | +0.118% | $16.5M | $23.9M | 15x | as long as short |
Popdex NEARUSDT
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Variational Omni NEAR
Bybit NEARUSDT
01 Exchange NEARUSD
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Hyperliquid NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR