NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0213%/8h= +23.3% APRnext payment +$0.27 per $10,000 · paid last 24h +0.068%

Price spread now: GMX against Bulk+1.105%7-day average −0.011% · you sell dearer than you buy

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

Long on Bulk Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.245%+$25 on $10k

Price spread, last 3 days (all we have)−0.706%−$71 · spread now +1.105%, 7d avg −0.011%

Together, before fees−0.461%−$46 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GMX is 1.117% dearer against Bulk than usual: you sell high and buy low: +$112 more if the spread goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk NEAR-USD	4.2646	0.0100	pay 0.0013% / 1h	49m 00s	$243K	−$0	10x
Short	GMX NEAR/USD [ETH-USDC]	4.3117	L +0.0377% / S −0.0313%	get 0.0039% / 1h	49m 00s	$276K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Bulk. 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 BulkbpFee GMXbpOrdersPrice spread, now +1.105%Rate

Funding earned: $44.74
Price spread: +1.105% → −0.011%: $111.66
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $137.4
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Bulk: live order book, 25 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 Bulk live order book, 25 min ago	11.72 bp	15.2 bp −$15	15.2 bp −$152	34.3 bp −$3,434	65.7 bp −$32.9K
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
Phemex NEARUSDT	−0.0390%	8h	4.3130	+1.135%	$3.9M	$8.6M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3069	+0.992%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0130%	1h	4.3162	+1.210%	$7.6M	$37.1M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3016	+0.867%	$2.3M	$13.0M	50x	as long as short
Bybit NEARUSDT	−0.0095%	8h	4.3030	+0.900%	$219.5M	$419.0M	75x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3123	+1.117%	$112K	$64K	10x	as long as short
01 Exchange NEARUSD	0.0000%	1h	4.3140	+1.158%	$13K	$7K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3058	+0.966%	$377K	$18.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3120	+1.111%	$204K	—	150x	as long as short
Variational Omni NEAR	+0.0014%	8h	4.2988	+0.802%	$7.9M	$18.6M	—	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−2.899%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3130	+1.135%	$112K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3150	+1.182%	$57K	$193K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3034	+0.910%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3175	+1.239%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3072	+0.999%	$403K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3081	+1.019%	$255.8M	$1.07B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3040	+0.924%	$61.3M	$281.9M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3140	+1.158%	$198K	$1.7M	10x	as long as short
Bulk NEAR-USDlong	+0.0100%	1h	4.2646	long leg	$243K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.3117	+1.104%	$31.1M	$58.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3120	+1.111%	$80.0M	$138.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3140	+1.158%	$56.5M	$43.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3105	+1.076%	$71.5M	$125.1M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3100	+1.064%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3062	+0.974%	$267K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3082	+1.022%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3000	+0.830%	$180K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3106	+1.078%	$193K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3190	+1.275%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3140	+1.158%	$5K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0102%	8h	4.3200	+1.299%	$460K	$3.6M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3119	+1.108%	$3.9M	$16.6M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3140	+1.158%	$201K	$28K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3080	+1.017%	$13.0M	$29.3M	75x	as long as short
Hyperliquid NEAR	+0.0333%	1h	4.3174	+1.238%	$368.2M	$300.0M	10x	as long as short
Lighter RH NEAR	+0.0368%	1h	4.3190	+1.275%	$1.6M	$6.8M	10x	as long as short
GMX NEAR/USD [ETH-USDC]short	L +0.0377% / S −0.0313%	1h	4.3117	+1.105%	$276K	—	100x
Nado NEAR-PERP	+0.0416%	1h	4.3080	+1.017%	$1.9M	$3.3M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3147	+1.175%	$410K	$1.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0492%	1h	4.3172	+1.233%	$1.9M	$3.0M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0499%	1h	4.3177	+1.245%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3171	+1.231%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1236%	1h	4.3045	+0.935%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.2232%	1h	4.3263	+1.447%	$17.3M	$23.9M	15x	as long as short