Funding you earn now, next payment 04:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.13 per $10,000 · paid last 24h +0.052%
Price spread now: GMX against Pacifica−0.019%7-day average −0.043% · 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)+0.246%+$25 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.019%, 7d avg −0.043%
=Together, before fees+0.303%+ Points / potential airdropPacifica: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.024% dearer against Pacifica than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NEAR | 4.4151 | 0.0100 | pay 0.0013% / 1h | 39m 09s | $422K | $1.2M | 10x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.4142 | L +0.0329% / S −0.0206% | get 0.0026% / 1h | 39m 09s | $239K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $22.17
- Price spread: −0.019% → −0.043%
- $2.4
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $4.58
- Costs to cover
- 0.200%
- Break-even
- 5.6 days
Slippage unknown: Pacifica: live order book, 5 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 Pacifica live order book, 5 min ago | 2.57 bp | 6.9 bp −$7 | doesn't fit | doesn't fit | 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 | 4.4137 | −0.030% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4077 | −0.167% | $2.2M | $15.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4113 | −0.085% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4180 | +0.067% | $599K | $22.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4149 | −0.004% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.207% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4100 | −0.114% | $116K | $516K | 50x | as long as short |
| Pacifica NEARlong | +0.0100% | 1h | 4.4151 | long leg | $422K | $1.2M | 10x | |
| Binance NEARUSDT | +0.0100% | 8h | 4.4190 | +0.090% | $270.2M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4190 | +0.089% | $222.0M | $424.3M | 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 | 4.4190 | +0.089% | $62.8M | $300.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4550 | +0.905% | $254K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4116 | −0.078% | $32.0M | $63.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4150 | −0.001% | $74.0M | $148.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4140 | −0.024% | $54.9M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4092 | −0.133% | $72.5M | $130.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4110 | −0.092% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4567 | +0.943% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4571 | +0.952% | $267K | $976K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4605 | +1.030% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4600 | +1.018% | $171K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4126 | −0.056% | $238K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4187 | +0.083% | $56K | $220K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4260 | +0.248% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4165 | +0.033% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4200 | +0.112% | $460K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4220 | +0.157% | $3.9M | $8.5M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4088 | −0.142% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4193 | +0.095% | $205K | $40K | 3x | as long as short |
| Hyperliquid NEAR | +0.0170% | 1h | 4.4142 | −0.019% | $364.5M | $324.3M | 10x | as long as short |
| Extended NEAR-USD | +0.0200% | 1h | 4.4149 | −0.004% | $4.0M | $19.6M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0206% | 1h | 4.4133 | −0.040% | $1.3M | $6.6M | 20x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4190 | +0.089% | $13.9M | $32.9M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0240% | 1h | 4.4127 | −0.053% | $13K | $7K | 10x | as long as short |
| Aster NEARUSDT | +0.0293% | 8h | 4.4178 | +0.062% | $3.0M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0329% / S −0.0206% | 1h | 4.4142 | −0.019% | $239K | — | 100x | |
| Lighter RH NEAR | +0.0464% | 1h | 4.4197 | +0.105% | $1.5M | $7.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0543% | 1h | 4.4181 | +0.069% | $2.0M | $6.8M | 25x | as long as short |
| Nado NEAR-PERP | +0.0562% | 1h | 4.4139 | −0.026% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4490 | +0.769% | $220K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0588% | 1h | 4.4163 | +0.027% | $8.2M | $39.9M | 50x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4453 | +0.685% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.0848% | 1h | 4.4200 | +0.112% | $17.8M | $26.2M | 15x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4133 | −0.040% | $560K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1570% | 1h | 4.4505 | +0.803% | $6K | $12K | 10x | as long as short |
Pacifica NEAR
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Hyperliquid NEAR
Extended NEAR-USD
Backpack NEAR_USDC_PERP
BloFin NEAR-USDT
01 Exchange NEARUSD
Aster NEARUSDT
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Kraken Futures PF_NEARUSD
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD