Funding you earn now, next payment 04:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.057%
Price spread now: GMX against Bulk+0.257%46s7-day average 0.000% · 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)+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.257%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.257% dearer against Bulk than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of 0.000%. The two prices were read 46 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 | Bulk NEAR-USD | 4.4054 | 0.0100 | pay 0.0013% / 1h | 12m 35s | $251K | −$0 | 10x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.4167 | L +0.0321% / S −0.0190% | get 0.0024% / 1h | 12m 35s | $234K | — | 100x |
Bulk NEAR-USD
GMX NEAR/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bulk. 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
- $18.87
- Price spread: +0.257% → 0.000%
- $25.71
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $25.58
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Bulk: live order book, 46 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 Bulk live order book, 46 min ago | 11.15 bp | 14.6 bp −$15 | 14.6 bp −$146 | 33.3 bp −$3,330 | 48.2 bp −$24.1K |
| 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 | 4.4160 | +0.240% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4141 | +0.197% | $2.2M | $15.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4159 | +0.237% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4187 | +0.301% | $620K | $22.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4168 | +0.258% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.002% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4150 | +0.217% | $113K | $517K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4188 | +0.305% | $420K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4160 | +0.240% | $271.6M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4094 | +0.090% | $222.0M | $424.2M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4070 | +0.036% | $63.0M | $298.0M | 50x | as long as short |
| Bulk NEAR-USDlong | +0.0100% | 1h | 4.4054 | long leg | $251K | −$0 | 10x | |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4138 | +0.190% | $32.1M | $64.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4200 | +0.331% | $74.9M | $150.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4190 | +0.308% | $55.0M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4140 | +0.195% | $72.5M | $130.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4140 | +0.195% | — | $147.3M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4137 | +0.188% | $8.6M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4159 | +0.238% | $265K | $980K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4070 | +0.036% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4090 | +0.081% | $170K | $801K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4219 | +0.374% | $244K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4186 | +0.299% | $56K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4340 | +0.649% | $1K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4240 | +0.422% | $458K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4170 | +0.263% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4154 | +0.227% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4185 | +0.297% | $205K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0172% | 1h | 4.4145 | +0.206% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4170 | +0.263% | $13.8M | $32.8M | 75x | as long as short |
| Aster NEARUSDT | +0.0307% | 8h | 4.4173 | +0.269% | $3.0M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0321% / S −0.0190% | 1h | 4.4167 | +0.257% | $234K | — | 100x | |
| Backpack NEAR_USDC_PERP | +0.0335% | 1h | 4.4153 | +0.224% | $1.3M | $6.5M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0344% | 1h | 4.4205 | +0.342% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0375% | 1h | 4.4235 | +0.410% | $364.9M | $324.9M | 10x | as long as short |
| Extended NEAR-USD | +0.0432% | 1h | 4.4100 | +0.103% | $3.9M | $19.6M | 25x | as long as short |
| Nado NEAR-PERP | +0.0549% | 1h | 4.4065 | +0.024% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4190 | +0.308% | $218K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0588% | 1h | 4.4160 | +0.241% | $8.1M | $39.7M | 50x | as long as short |
| Lighter RH NEAR | +0.0680% | 1h | 4.4237 | +0.415% | $1.5M | $7.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0747% | 1h | 4.4186 | +0.299% | $2.0M | $7.3M | 25x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4173 | +0.270% | $1.8M | $2.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4197 | +0.324% | $592K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0968% | 1h | 4.4258 | +0.464% | $17.8M | $26.5M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1574% | 1h | 4.4205 | +0.343% | $5K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
SoDEX NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Extended NEAR-USD
Nado NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD