Funding you earn now, next payment 12:00 UTC−0.0091%/8h= −10.0% APRpaid last 24h −0.073%
Price spread now: edgeX against GMX+0.169%7-day average +0.014% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.245%−$25 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.169%, 7d avg +0.014%
=Together, before fees−0.439%+ Points / potential airdropedgeX: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.155% dearer against GMX than usual: you sell high and buy low (spread +0.169% now, against its 7-day average of +0.014%): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.7 days. At the pace of the last 4 days (−0.245% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX NEAR/USD [ETH-USDC] | 4.5309 | L +0.0191% / S +0.0005% | pay 0.0024% / 1h | 43m 18s | $222K | — | 100x |
| Short | edgeX NEARUSDC | 4.5386 | 0.0100 | get 0.0050% / 4h | 43m 18s | $269K | $866K | 20x |
GMX NEAR/USD [ETH-USDC]
edgeX NEARUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$19.09
- Price spread: +0.169% → +0.014%
- $15.48
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$24.61
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 64 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 edgeX live order book, 64 min ago | 7.82 bp | 12.7 bp −$13 | 31.6 bp −$316 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0376% | 1h | 4.5341 | +0.070% | $7.4M | $37.1M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.5253 | −0.123% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5235 | −0.163% | $111K | $53K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.5243 | −0.146% | $910K | $26.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5313 | +0.008% | $170K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.606% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5260 | −0.109% | $125K | $510K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5378 | +0.151% | $2.7M | $5.0M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5407 | +0.217% | $274.1M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5416 | +0.236% | $233.6M | $429.5M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5430 | +0.266% | $64.4M | $305.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5351 | +0.093% | $279K | $24K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5309 | −0.001% | $41.6M | $62.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5400 | +0.200% | $75.6M | $170.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5360 | +0.112% | $54.5M | $44.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5433 | +0.273% | $75.6M | $127.8M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.5330 | +0.046% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5173 | −0.300% | $8.8M | $15.7M | — | as long as short |
| edgeX NEARUSDCshort | +0.0100% | 4h | 4.5386 | +0.169% | $269K | $866K | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5490 | +0.400% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5340 | +0.068% | $170K | $810K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5283 | −0.058% | $192K | $4.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5353 | +0.097% | $56K | $262K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5420 | +0.244% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5365 | +0.123% | $5K | $34K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5370 | +0.134% | $470K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5360 | +0.112% | $3.4M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.5227 | −0.182% | $33K | $389 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5325 | +0.034% | $3.7M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5347 | +0.084% | $211K | $38K | 3x | as long as short |
| Lighter RH NEAR | +0.0176% | 1h | 4.5405 | +0.211% | $1.6M | $5.7M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC]long | L +0.0191% / S +0.0005% | 1h | 4.5309 | long leg | $222K | — | 100x | |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5400 | +0.200% | $12.8M | $32.8M | 75x | as long as short |
| Arcus NEAR-USD | +0.0253% | 1h | 4.5300 | −0.020% | $229K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0264% | 1h | 4.5399 | +0.199% | $17.2M | $24.7M | 15x | as long as short |
| 01 Exchange NEARUSD | +0.0280% | 1h | 4.5289 | −0.045% | $13K | $4K | 10x | as long as short |
| Hyperliquid NEAR | +0.0281% | 1h | 4.5316 | +0.016% | $364.2M | $313.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0398% | 1h | 4.5275 | −0.076% | $1.8M | $3.1M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0478% | 1h | 4.5264 | −0.100% | $645K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0544% | 1h | 4.5367 | +0.127% | $2.4M | $17.8M | 50x | as long as short |
| Pacifica NEAR | +0.0687% | 1h | 4.5269 | −0.089% | $426K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0733% | 1h | 4.5491 | +0.401% | $1.8M | $2.6M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0789% | 1h | 4.5295 | −0.031% | $1.1M | $7.2M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.0887% | 1h | 4.5164 | −0.322% | $6K | $6K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0986% | 1h | 4.5380 | +0.156% | $1.9M | $13.0M | 25x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Lighter RH NEAR
BloFin NEAR-USDT
Arcus NEAR-USD
Lighter NEAR
01 Exchange NEARUSD
Hyperliquid NEAR
Nado NEAR-PERP
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Pacifica NEAR
Phoenix NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL