Funding you earn now, next payment 08:00 UTC−0.0242%/8h= −26.5% APRnext payment −$0.30 per $10,000 · paid last 24h −0.070%
Price spread now: ApeX Omni against GMX−0.464%7-day average +0.089% · 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)−0.227%−$23 on $10k
+Price spread, last 4 days (all we have)+0.719%+$72 · spread now −0.464%, 7d avg +0.089%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.553% cheaper against GMX than usual: you would sell low and buy high (−$55 if the spread goes back to its 7-day average of +0.089%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX NEAR/USD [ETH-USDC] | 4.3643 | L +0.0342% / S −0.0240% | pay 0.0043% / 1h | 7m 01s | $255K | — | 100x |
| Short | ApeX Omni NEARUSDT | 4.3440 | 0.0100 | get 0.0013% / 1h | 7m 01s | $166K | $816K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$50.74
- Price spread: −0.464% → +0.089%
- −$55.3
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$128.04
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 32 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 32 min ago | 8.10 bp | 16.2 bp −$16 | 75.5 bp −$755 | doesn't fit | doesn't fit |
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 | 4.3702 | +0.137% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3742 | +0.227% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3672 | +0.068% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3651 | +0.019% | $7.2M | $38.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.116% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3810 | +0.384% | $114K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3675 | +0.074% | $220.8M | $428.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3680 | +0.086% | $61.6M | $296.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | +0.246% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3680 | +0.086% | $35.9M | $63.1M | 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 | 4.3670 | +0.063% | $52.9M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3682 | +0.090% | $72.2M | $127.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3490 | −0.351% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3477 | −0.380% | $252K | $894K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3514 | −0.295% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDTshort | +0.0100% | 1h | 4.3440 | −0.464% | $166K | $816K | 50x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3815 | +0.395% | $277K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3681 | +0.088% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3710 | +0.154% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3655 | +0.028% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3670 | +0.063% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3741 | +0.226% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3634 | −0.020% | $3.6M | $16.5M | 25x | as long as short |
| Aster NEARUSDT | +0.0119% | 8h | 4.3695 | +0.119% | $2.7M | $4.8M | 50x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3670 | +0.063% | $203K | $38K | 3x | as long as short |
| Hyperliquid NEAR | +0.0141% | 1h | 4.3721 | +0.180% | $352.7M | $315.7M | 10x | as long as short |
| Binance NEARUSDT | +0.0152% | 8h | 4.3695 | +0.119% | $264.0M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0154% | 8h | 4.3700 | +0.131% | $90.1M | $154.3M | 200x | as long as short |
| HTX NEAR-USDT | +0.0155% | 8h | 4.3750 | +0.246% | $466K | $3.8M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0171% | 8h | 4.3667 | +0.056% | $959K | $25.1M | 2.2x | as long as short |
| BingX NEAR-USDC | +0.0171% | 8h | 4.3690 | +0.109% | — | $6.7M | — | as long as short |
| 01 Exchange NEARUSD | +0.0232% | 1h | 4.3846 | +0.466% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0272% | 8h | 4.3690 | +0.109% | $13.4M | $32.2M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC]long | L +0.0342% / S −0.0240% | 1h | 4.3643 | long leg | $255K | — | 100x | |
| Nado NEAR-PERP | +0.0362% | 1h | 4.3761 | +0.272% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0469% | 1h | 4.3716 | +0.168% | $1.1M | $7.2M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3761 | +0.271% | $2.3M | $17.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0496% | 1h | 4.3698 | +0.127% | $1.5M | $6.8M | 10x | as long as short |
| Lighter NEAR | +0.0552% | 1h | 4.3743 | +0.229% | $17.2M | $25.4M | 15x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0598% | 1h | 4.3691 | +0.111% | $1.9M | $13.1M | 25x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3820 | +0.406% | $229K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3748 | +0.241% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3865 | +0.510% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3815 | +0.396% | $607K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1107% | 1h | 4.3672 | +0.068% | $5K | $7K | 10x | as long as short |
GMX NEAR/USD [ETH-USDC]
ApeX Omni NEARUSDT
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
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
Hyperliquid NEAR
Binance NEARUSDT
MEXC NEAR_USDT
HTX NEAR-USDT
Kalshi KXNEARPERP
BingX NEAR-USDC
01 Exchange NEARUSD
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD