NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0214%/8h= +23.5% APRnext payment +$0.27 per $10,000 · paid last 24h +0.101%

Price spread now: GMX against Coinbase International−0.030%7-day average +0.019% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.423%+$42 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.030%, 7d avg +0.019%

Together, before fees+0.482%+$48 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.049% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.019%). If the spread goes back, that is −$5 on $10k: about 18 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NEAR-PERP-INTX	4.4138	−0.0008	get 0.0001% / 1h	35m 16s	$2.2M	$15.3M	50x
Short	GMX NEAR/USD [ETH-USDC]	4.4125	L +0.0330% / S −0.0206%	get 0.0026% / 1h	35m 16s	$240K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee GMXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $45.04
Price spread: −0.030% → +0.019%: −$4.89
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $18.16
Costs to cover: 0.220%
Break-even: 4.2 days

Slippage unknown: Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago	4.86 bp	12.8 bp −$13	22.3 bp −$223	425.4 bp −$42.5K	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	4.4098	−0.091%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTXlong	−0.0008%	1h	4.4138	long leg	$2.2M	$15.3M	50x
dYdX NEAR-USD	0.0000%	1h	4.4052	−0.195%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4100	−0.086%	$606K	$22.0M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4119	−0.042%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.181%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4120	−0.041%	$117K	$514K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4064	−0.168%	$421K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4166	+0.064%	$270.1M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4124	−0.032%	$221.9M	$424.2M	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	4.4110	−0.063%	$62.6M	$299.6M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4550	+0.933%	$254K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4130	−0.018%	$32.0M	$63.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4140	+0.005%	$74.9M	$148.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4150	+0.027%	$54.9M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4110	−0.063%	$72.5M	$130.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4130	−0.018%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3977	−0.364%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4041	−0.219%	$264K	$978K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4010	−0.290%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4010	−0.290%	$169K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4122	−0.036%	$235K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4141	+0.007%	$56K	$217K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4250	+0.254%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4125	−0.029%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4180	+0.095%	$457K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4090	−0.109%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4027	−0.252%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4145	+0.016%	$205K	$40K	3x	as long as short
Hyperliquid NEAR	+0.0161%	1h	4.4166	+0.063%	$364.2M	$324.9M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0202%	1h	4.4106	−0.072%	$1.3M	$6.6M	20x	as long as short
Extended NEAR-USD	+0.0216%	1h	4.4099	−0.088%	$4.0M	$19.6M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4000	−0.313%	$13.8M	$32.7M	75x	as long as short
01 Exchange NEARUSD	+0.0240%	1h	4.4156	+0.041%	$13K	$7K	10x	as long as short
Aster NEARUSDT	+0.0287%	8h	4.4117	−0.047%	$3.0M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]short	L +0.0330% / S −0.0206%	1h	4.4125	−0.030%	$240K	—	100x
Lighter RH NEAR	+0.0456%	1h	4.4081	−0.129%	$1.5M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0552%	1h	4.4078	−0.135%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4180	+0.095%	$222K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0588%	1h	4.4141	+0.006%	$8.1M	$39.9M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0792%	1h	4.4176	+0.086%	$1.9M	$6.8M	25x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4338	+0.453%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.0888%	1h	4.4112	−0.060%	$17.8M	$26.3M	15x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4171	+0.074%	$562K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1540%	1h	4.4262	+0.281%	$5K	$12K	10x	as long as short