NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0276%/8h= −30.2% APRnext payment −$0.34 per $10,000 · paid last 24h −0.072%

Price spread now: Pacifica against GMX+0.340%7-day average +0.042% · you sell dearer than you buy

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

Long on GMX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.205%−$20 on $10k

Price spread, last 3 days (all we have)−0.275%−$28 · spread now +0.340%, 7d avg +0.042%

Together, before fees−0.480%+ Points / potential airdropPacifica: Active · farm board−$48 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.298% dearer against GMX than usual: you sell high and buy low (spread +0.340% now, against its 7-day average of +0.042%): +$30 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX NEAR/USD [ETH-USDC]	4.3044	L +0.0376% / S −0.0308%	pay 0.0047% / 1h	2m 14s	$275K	—	100x
Short	Pacifica NEAR	4.3190	0.0100	get 0.0013% / 1h	2m 14s	$402K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against GMX. 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 GMXbpFee PacificabpOrdersPrice spread, now +0.340%Rate

Funding earned: −$57.95
Price spread: +0.340% → +0.042%: $29.78
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$48.16
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 2 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 Pacifica live order book, 2 min ago	4.74 bp	19.0 bp −$19	doesn't fit	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	4.3058	+0.033%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0131%	1h	4.3095	+0.118%	$7.9M	$38.0M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3074	+0.070%	$2.1M	$13.2M	50x	as long as short
Phemex NEARUSDT	−0.0043%	8h	4.3070	+0.061%	$3.8M	$8.4M	50x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3270	+0.525%	$382K	$18.7M	2.2x	as long as short
dYdX NEAR-USD	+0.0004%	1h	4.3153	+0.254%	$112K	$64K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3050	+0.015%	$157K	—	150x	as long as short
Variational Omni NEAR	+0.0010%	8h	4.3057	+0.031%	$8.2M	$18.8M	—	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.796%	$578	$302K	12x	as long as short
01 Exchange NEARUSD	+0.0048%	1h	4.3125	+0.189%	$13K	$7K	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex NEARUSDT	+0.0096%	1h	4.3110	+0.154%	$115K	$474K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3087	+0.100%	$57K	$162K	20x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3152	+0.252%	$3.0M	$5.8M	50x	as long as short
Pacifica NEARshort	+0.0100%	1h	4.3190	+0.340%	$402K	$1.2M	10x
Binance NEARUSDT	+0.0100%	8h	4.3069	+0.059%	$257.0M	$1.05B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3070	+0.061%	$220.6M	$415.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3060	+0.038%	$61.0M	$275.8M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3120	+0.177%	$204K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3243	+0.462%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3055	+0.026%	$30.8M	$61.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3060	+0.038%	$74.7M	$142.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3100	+0.131%	$55.9M	$42.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3066	+0.052%	$71.3M	$122.3M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3040	−0.009%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3270	+0.526%	$258K	$1.1M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3356	+0.725%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3140	+0.223%	$177K	$776K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3105	+0.142%	$202K	$3.4M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3150	+0.247%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3065	+0.049%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3200	+0.363%	$455K	$3.6M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3107	+0.148%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3058	+0.033%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3059	+0.036%	$200K	$31K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3140	+0.223%	$13.2M	$27.6M	75x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0238%	1h	4.3076	+0.075%	$1.9M	$3.9M	25x	as long as short
GMX NEAR/USD [ETH-USDC]long	L +0.0376% / S −0.0308%	1h	4.3044	long leg	$275K	—	100x
Nado NEAR-PERP	+0.0422%	1h	4.3090	+0.107%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3121	+0.179%	$407K	$1.2M	10x	as long as short
Hyperliquid NEAR	+0.0464%	1h	4.3132	+0.205%	$365.9M	$301.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0492%	1h	4.3160	+0.270%	$1.3M	$5.9M	20x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3218	+0.405%	$1.8M	$2.7M	10x	as long as short
Lighter RH NEAR	+0.0504%	1h	4.3252	+0.484%	$1.6M	$7.0M	10x	as long as short
Aftermath Perps NEARUSD	+0.1498%	1h	4.3229	+0.431%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1776%	1h	4.3293	+0.578%	$17.3M	$24.8M	15x	as long as short