Funding you earn now, next payment 11:00 UTC+0.0126%/8h= +13.8% APRpaid last 24h +0.048%
Price spread now: GMX against Bitget+0.349%174s7-day average +0.012% · 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)+0.259%+$26 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.349%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.337% dearer against Bitget than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.012%. The two prices were read 174 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NEARUSDT | 4.4769 | 0.0100 | pay 0.0100% / 8h | 5h 49m | $74.3M | $126.4M | 75x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.4925 | L +0.0341% / S −0.0226% | get 0.0028% / 1h | 49m 25s | $263K | — | 100x |
Bitget NEARUSDT
GMX NEAR/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bitget. 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
- $26.42
- Price spread: +0.349% → +0.012%
- $33.72
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $36.14
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 1.45 bp | 12.4 bp −$12 | 18.2 bp −$182 | 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 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 | −0.0236% | 1h | 4.4840 | +0.159% | $7.4M | $36.9M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4859 | +0.201% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4803 | +0.076% | $110K | $53K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4887 | +0.264% | $842K | $26.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4768 | −0.002% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.503% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4840 | +0.159% | $123K | $504K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4800 | +0.069% | $2.6M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4782 | +0.028% | $271.8M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4773 | +0.009% | $231.1M | $427.6M | 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 | 4.4750 | −0.042% | $64.0M | $297.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4950 | +0.404% | $268K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4771 | +0.004% | $39.8M | $62.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4800 | +0.069% | $76.9M | $167.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4850 | +0.181% | $53.2M | $43.9M | 75x | as long as short |
| Bitget NEARUSDTlong | +0.0100% | 8h | 4.4769 | long leg | $74.3M | $126.4M | 75x | |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4780 | +0.025% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4874 | +0.234% | $8.9M | $16.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4861 | +0.206% | $265K | $869K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4810 | +0.091% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4790 | +0.047% | $167K | $823K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4848 | +0.176% | $280K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4774 | +0.011% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4940 | +0.382% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4865 | +0.214% | $5K | $40K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4890 | +0.270% | $466K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4870 | +0.226% | $3.4M | $7.9M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4826 | +0.128% | $33K | $245 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4815 | +0.103% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4869 | +0.224% | $209K | $38K | 3x | as long as short |
| Lighter NEAR | +0.0168% | 1h | 4.4879 | +0.245% | $17.5M | $23.3M | 15x | as long as short |
| Hyperliquid NEAR | +0.0204% | 1h | 4.4826 | +0.127% | $361.1M | $314.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0207% | 1h | 4.4830 | +0.136% | $1.7M | $3.1M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4940 | +0.382% | $12.9M | $32.6M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0224% | 1h | 4.4836 | +0.150% | $13K | $4K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0341% / S −0.0226% | 1h | 4.4925 | +0.349% | $263K | — | 100x | |
| Arcus NEAR-USD | +0.0343% | 1h | 4.4870 | +0.226% | $227K | $1.4M | 10x | as long as short |
| Lighter RH NEAR | +0.0384% | 1h | 4.4885 | +0.259% | $1.6M | $5.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.4842 | +0.163% | $633K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.4912 | +0.319% | $2.3M | $17.6M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0619% | 1h | 4.4896 | +0.284% | $1.9M | $13.0M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0664% | 1h | 4.4898 | +0.288% | $1.1M | $7.0M | 20x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.4898 | +0.288% | $1.7M | $2.7M | 10x | as long as short |
| Pacifica NEAR | +0.0851% | 1h | 4.4840 | +0.158% | $419K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1151% | 1h | 4.4857 | +0.196% | $6K | $6K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
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 NEAR
Hyperliquid NEAR
Nado NEAR-PERP
BloFin NEAR-USDT
01 Exchange NEARUSD
Arcus NEAR-USD
Lighter RH NEAR
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD