NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.1019%/8h= −111.6% APRnext payment −$1.27 per $10,000 · paid last 24h −0.101%

Price spread now: GMX against RISEx−0.164%7-day average −0.056% · you buy dearer than you sell

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

Long on RISEx Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.145%−$15 on $10k

Price spread, last 4 days (all we have)+0.274%+$27 · spread now −0.164%, 7d avg −0.056%

Together, before fees+0.129%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and GMX is 0.108% cheaper against RISEx than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.056%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.145% in total (about -15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx NEAR/USDC	4.3844	0.1220	pay 0.0153% / 1h	9m 08s	$687K	$1.3M	10x
Short	GMX NEAR/USD [ETH-USDC]	4.3772	L +0.0313% / S −0.0201%	get 0.0025% / 1h	9m 08s	$234K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against RISEx. 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 RISExbpFee GMXbpOrdersPrice spread, now −0.164%Rate

Funding earned: −$213.96
Price spread: −0.164% → −0.056%: −$10.8
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$242.77
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: RISEx: 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 RISEx live order book, 5 min ago	1.15 bp	4.1 bp −$4	11.3 bp −$113	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	4.3804	−0.091%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3820	−0.054%	$108K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3778	−0.150%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.551%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3810	−0.077%	$116K	$497K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3756	−0.200%	$219.0M	$420.7M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3750	−0.213%	$62.0M	$291.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3500	−0.784%	$248K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3752	−0.209%	$33.2M	$60.9M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3810	−0.077%	$52.9M	$45.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.3740	−0.236%	$71.8M	$126.2M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3607	−0.539%	$8.8M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3652	−0.437%	$255K	$963K	20x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3834	−0.022%	$283K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3821	−0.051%	$57K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3880	+0.083%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3940	+0.220%	$473K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3770	−0.168%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.3811	−0.075%	$32K	$608	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0102%	8h	4.3673	−0.388%	$1.4M	$1.5M	10x	as long as short
Aevo NEAR-PERP	+0.0112%	1h	4.3835	−0.020%	$204K	$37K	3x	as long as short
BingX NEAR-USDT	+0.0119%	8h	4.3770	−0.168%	—	$143.5M	—	as long as short
MEXC NEAR_USDT	+0.0125%	8h	4.3790	−0.122%	$83.7M	$146.2M	200x	as long as short
Binance NEARUSDT	+0.0130%	8h	4.3810	−0.077%	$266.6M	$1.09B	75x	as long as short
BloFin NEAR-USDT	+0.0250%	8h	4.3850	+0.015%	$13.3M	$32.3M	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.3876	+0.074%	$2.3M	$16.2M	50x	as long as short
GMX NEAR/USD [ETH-USDC]short	L +0.0313% / S −0.0201%	1h	4.3772	−0.164%	$234K	—	100x
Kalshi KXNEARPERP	+0.0320%	8h	4.3834	−0.022%	$1.0M	$24.6M	2.2x	as long as short
Aster NEARUSDT	+0.0339%	8h	4.3790	−0.122%	$2.8M	$5.2M	50x	as long as short
Nado NEAR-PERP	+0.0398%	1h	4.3825	−0.042%	$1.7M	$3.2M	10x	as long as short
ApeX Omni NEARUSDT	+0.0417%	1h	4.3640	−0.464%	$167K	$796K	50x	as long as short
Extended NEAR-USD	+0.0480%	1h	4.3778	−0.151%	$3.7M	$19.3M	25x	as long as short
SoDEX NEAR-USD	+0.0518%	1h	4.3787	−0.129%	$5K	$52K	10x	as long as short
Hyperliquid NEAR	+0.0663%	1h	4.3799	−0.102%	$359.7M	$309.5M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0690%	1h	4.3785	−0.134%	$1.3M	$6.6M	20x	as long as short
01 Exchange NEARUSD	+0.0720%	1h	4.3856	+0.028%	$13K	$7K	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0723%	1h	4.3762	−0.186%	$7.3M	$39.0M	50x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.3850	+0.015%	$227K	$1.6M	10x	as long as short
Pacifica NEAR	+0.0847%	1h	4.3865	+0.048%	$402K	$1.4M	10x	as long as short
Lighter NEAR	+0.0912%	1h	4.3849	+0.013%	$17.2M	$25.2M	15x	as long as short
Phoenix NEAR	+0.1033%	1h	4.3931	+0.199%	$1.8M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1104%	1h	4.3847	+0.008%	$1.5M	$7.4M	10x	as long as short
RISEx NEAR/USDClong	+0.1220%	1h	4.3844	long leg	$687K	$1.3M	10x
Aftermath Perps NEARUSD	+0.1289%	1h	4.3581	−0.598%	$5K	$12K	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1326%	1h	4.3843	−0.001%	$1.9M	$11.9M	25x	as long as short