Funding you earn now, next payment 01:00 UTC+0.0211%/8h= +23.1% APRnext payment +$0.26 per $10,000 · paid last 24h +0.070%
Price spread now: GMX against Popdex+0.024%7-day average −0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.249%+$25 on $10k
+Price spread, last 3 days (all we have)+0.074%+$7 · spread now +0.024%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GMX is 0.044% dearer against Popdex than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex NEARUSDT | 4.3190 | 0.0096 | pay 0.0012% / 1h | 21m 44s | $115K | $484K | 50x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.3200 | L +0.0375% / S −0.0307% | get 0.0038% / 1h | 21m 44s | $275K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Popdex. 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
- $44.29
- Price spread: +0.024% → −0.021%
- $4.43
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $30.31
- Costs to cover
- 0.184%
- Break-even
- 2.2 days
Slippage unknown: Popdex: live order book, 52 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 Popdex live order book, 52 min ago | 1.17 bp | 6.5 bp −$7 | 80.1 bp −$801 | 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 | 4.3180 | −0.023% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0130% | 1h | 4.3176 | −0.031% | $7.3M | $37.3M | 50x | as long as short |
| Phemex NEARUSDT | −0.0119% | 8h | 4.3140 | −0.116% | $3.8M | $8.5M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3167 | −0.053% | $2.3M | $13.1M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0008% | 1h | 4.3183 | −0.016% | $13K | $7K | 10x | as long as short |
| Variational Omni NEAR | −0.0004% | 8h | 4.2668 | −1.209% | $7.9M | $18.8M | — | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3008 | −0.422% | $111K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3139 | −0.118% | $378K | $19.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3201 | +0.025% | $205K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.121% | $578 | $302K | 12x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDTlong | +0.0096% | 1h | 4.3190 | long leg | $115K | $484K | 50x | |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.3191 | +0.002% | $57K | $191K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2999 | −0.441% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3153 | −0.085% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2979 | −0.489% | $397K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2955 | −0.544% | $256.1M | $1.06B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2901 | −0.669% | $217.7M | $417.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2960 | −0.533% | $60.9M | $280.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3030 | −0.370% | $197K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2789 | −0.928% | $244K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3083 | −0.248% | $31.0M | $60.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2930 | −0.602% | $76.9M | $141.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3050 | −0.324% | $56.2M | $43.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2980 | −0.486% | $71.2M | $124.7M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3000 | −0.440% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3008 | −0.421% | $256K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3032 | −0.365% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2800 | −0.903% | $179K | $782K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3206 | +0.037% | $193K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3260 | +0.162% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3177 | −0.030% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3260 | +0.162% | $458K | $3.7M | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3114 | −0.175% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3197 | +0.017% | $201K | $28K | 3x | as long as short |
| Hyperliquid NEAR | +0.0198% | 1h | 4.3116 | −0.171% | $363.2M | $301.9M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3130 | −0.139% | $12.9M | $28.2M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0375% / S −0.0307% | 1h | 4.3200 | +0.024% | $275K | — | 100x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0398% | 1h | 4.3221 | +0.072% | $1.9M | $3.6M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3216 | +0.061% | $409K | $1.2M | 10x | as long as short |
| Lighter RH NEAR | +0.0432% | 1h | 4.3110 | −0.185% | $1.6M | $7.0M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0462% | 1h | 4.3226 | +0.083% | $1.3M | $5.9M | 20x | as long as short |
| Nado NEAR-PERP | +0.0464% | 1h | 4.3153 | −0.086% | $1.9M | $3.2M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3141 | −0.113% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1366% | 1h | 4.2946 | −0.564% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1912% | 1h | 4.3055 | −0.313% | $17.2M | $24.6M | 15x | as long as short |
Popdex NEARUSDT
GMX NEAR/USD [ETH-USDC]
Kraken Futures PF_NEARUSD
Phemex NEARUSDT
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Variational Omni NEAR
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Extended NEAR-USD
Hyperliquid NEAR
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR