Funding you earn now, next payment 06:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.13 per $10,000 · paid last 24h −0.104%
Price spread now: Coinbase International against GMX+0.167%7-day average −0.011% · 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)−0.395%−$39 on $10k
+Price spread, last 4 days (all we have)−0.165%−$16 · spread now +0.167%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.178% dearer against GMX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.011%. Mind the row above: over the last 3 days funding on this pair cost −0.395%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX NEAR/USD [ETH-USDC] | 4.4825 | L +0.0316% / S −0.0200% | pay 0.0040% / 1h | 43m 34s | $239K | — | 100x |
| Short | Coinbase International NEAR-PERP-INTX | 4.4900 | 0.0424 | get 0.0053% / 1h | 43m 34s | $2.3M | $16.5M | 50x |
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GMX. 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
- $22.58
- Price spread: +0.167% → −0.011%
- $17.83
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $18.41
- Costs to cover
- 0.220%
- Break-even
- 1.3 days
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 6 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 6 min ago | 4.90 bp | 14.0 bp −$14 | 19.2 bp −$192 | doesn't fit | doesn't fit |
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 | 4.4806 | −0.043% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4827 | +0.005% | $110K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4851 | +0.058% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.619% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4880 | +0.122% | $111K | $493K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4887 | +0.138% | $231.0M | $429.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4880 | +0.122% | $63.4M | $300.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4366 | −1.024% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4856 | +0.069% | $35.0M | $60.1M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4850 | +0.055% | $53.5M | $45.9M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4845 | +0.044% | $74.3M | $126.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4687 | −0.308% | $9.0M | $18.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4779 | −0.103% | $262K | $967K | 20x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4881 | +0.125% | $283K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4885 | +0.133% | $59K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4940 | +0.256% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4950 | +0.278% | $466K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4800 | −0.056% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0106% | 8h | 4.4855 | +0.066% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0123% | 8h | 4.4756 | −0.154% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0127% | 1h | 4.4730 | −0.212% | $168K | $804K | 50x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4875 | +0.111% | $209K | $40K | 3x | as long as short |
| BingX NEAR-USDT | +0.0181% | 8h | 4.4860 | +0.078% | — | $143.9M | — | as long as short |
| MEXC NEAR_USDT | +0.0184% | 8h | 4.4900 | +0.167% | $86.1M | $145.4M | 200x | as long as short |
| Binance NEARUSDT | +0.0185% | 8h | 4.4893 | +0.152% | $273.3M | $1.09B | 75x | as long as short |
| SoDEX NEAR-USD | +0.0204% | 1h | 4.4845 | +0.044% | $5K | $52K | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0295% | 8h | 4.4796 | −0.065% | $1.1M | $25.0M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0302% | 8h | 4.4870 | +0.100% | $13.6M | $33.1M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC]long | L +0.0316% / S −0.0200% | 1h | 4.4825 | long leg | $239K | — | 100x | |
| Extended NEAR-USD | +0.0336% | 1h | 4.4875 | +0.111% | $3.7M | $18.9M | 25x | as long as short |
| Aster NEARUSDT | +0.0338% | 8h | 4.4880 | +0.122% | $2.9M | $5.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | +0.0424% | 1h | 4.4900 | +0.167% | $2.3M | $16.5M | 50x | |
| 01 Exchange NEARUSD | +0.0496% | 1h | 4.4891 | +0.147% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0538% | 1h | 4.4840 | +0.033% | $1.8M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0585% | 1h | 4.4879 | +0.120% | $1.3M | $6.5M | 20x | as long as short |
| Hyperliquid NEAR | +0.0608% | 1h | 4.4848 | +0.050% | $369.0M | $309.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0651% | 1h | 4.4831 | +0.013% | $7.4M | $38.3M | 50x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4910 | +0.189% | $228K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.1000% | 1h | 4.4929 | +0.232% | $1.5M | $6.7M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.5001 | +0.392% | $1.9M | $2.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1044% | 1h | 4.4892 | +0.149% | $1.9M | $12.3M | 25x | as long as short |
| Lighter NEAR | +0.1056% | 1h | 4.4902 | +0.173% | $17.6M | $24.7M | 15x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4854 | +0.064% | $413K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1238% | 1h | 4.4694 | −0.292% | $6K | $12K | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4890 | +0.144% | $678K | $1.4M | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Aevo NEAR-PERP
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
SoDEX NEAR-USD
Kalshi KXNEARPERP
BloFin NEAR-USDT
Extended NEAR-USD
Aster NEARUSDT
01 Exchange NEARUSD
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Pacifica NEAR
Aftermath Perps NEARUSD
RISEx NEAR/USDC