Funding you earn now, next payment 08:00 UTC+0.0411%/8h= +45.0% APRnext payment +$0.51 per $10,000 · paid last 24h +0.131%
Price spread now: GMX against Reya+0.047%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GMX is 0.047% dearer against Reya than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya NEARRUSDPERP | 4.3770 | −0.0171 | get 0.0021% / 1h | 8m 23s | $2K | — | 20x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.3791 | L +0.0341% / S −0.0240% | get 0.0030% / 1h | 8m 23s | $255K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Reya. 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
- $86.29
- Price spread: +0.047% → 0.000%
- $4.69
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $72.98
- Costs to cover
- 0.180%
- Break-even
- 1.1 days
Slippage unknown: Reya: 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 Reya no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Reya 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 NEARRUSDPERPlong | −0.0171% | 1h | 4.3770 | long leg | $2K | — | 20x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3751 | −0.044% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3787 | +0.037% | $164K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0016% | 1h | 4.3682 | −0.202% | $7.3M | $38.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.392% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3810 | +0.091% | $113K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3797 | +0.061% | $221.3M | $428.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3790 | +0.045% | $61.4M | $296.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | −0.046% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3776 | +0.013% | $35.9M | $63.0M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3830 | +0.137% | $53.1M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3786 | +0.036% | $72.4M | $127.8M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3490 | −0.641% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3477 | −0.671% | $252K | $894K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3514 | −0.586% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3440 | −0.755% | $166K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3807 | +0.084% | $278K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3815 | +0.102% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3740 | −0.069% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3680 | −0.206% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3670 | −0.229% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3762 | −0.020% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3784 | +0.030% | $3.6M | $16.6M | 25x | as long as short |
| Aster NEARUSDT | +0.0119% | 8h | 4.3785 | +0.034% | $2.7M | $4.8M | 50x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3810 | +0.091% | $204K | $38K | 3x | as long as short |
| Hyperliquid NEAR | +0.0137% | 1h | 4.3823 | +0.121% | $353.8M | $315.5M | 10x | as long as short |
| MEXC NEAR_USDT | +0.0154% | 8h | 4.3780 | +0.022% | $90.8M | $154.2M | 200x | as long as short |
| HTX NEAR-USDT | +0.0155% | 8h | 4.3820 | +0.114% | $466K | $3.8M | 75x | as long as short |
| Binance NEARUSDT | +0.0155% | 8h | 4.3812 | +0.095% | $265.3M | $1.09B | 75x | as long as short |
| BingX NEAR-USDC | +0.0171% | 8h | 4.3800 | +0.068% | — | $6.6M | — | as long as short |
| Kalshi KXNEARPERP | +0.0173% | 8h | 4.3654 | −0.266% | $970K | $25.0M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0232% | 1h | 4.3855 | +0.194% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0275% | 8h | 4.3680 | −0.206% | $13.3M | $32.2M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0341% / S −0.0240% | 1h | 4.3791 | +0.047% | $255K | — | 100x | |
| Nado NEAR-PERP | +0.0362% | 1h | 4.3761 | −0.022% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0461% | 1h | 4.3771 | +0.002% | $1.1M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3753 | −0.039% | $2.3M | $17.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0488% | 1h | 4.3816 | +0.105% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEAR | +0.0536% | 1h | 4.3825 | +0.126% | $17.3M | $25.4M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3810 | +0.091% | $229K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3788 | +0.040% | $413K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3782 | +0.027% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3817 | +0.106% | $607K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1079% | 1h | 4.3698 | −0.165% | $1.9M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1100% | 1h | 4.3632 | −0.315% | $5K | $7K | 10x | as long as short |
GMX NEAR/USD [ETH-USDC]
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
Hyperliquid NEAR
MEXC NEAR_USDT
HTX NEAR-USDT
Binance NEARUSDT
BingX NEAR-USDC
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD