NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0244%/8h= −26.7% APRnext payment −$0.30 per $10,000 · paid last 24h −0.076%

Price spread now: Popdex against GMX−0.115%7-day average +0.020% · you buy dearer than you sell

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

Long on GMX Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.235%−$24 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.115%, 7d avg +0.020%

Together, before fees−0.196%−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Popdex is 0.136% cheaper against GMX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.020%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX NEAR/USD [ETH-USDC]	4.3660	L +0.0340% / S −0.0239%	pay 0.0042% / 1h	10m 12s	$253K	—	100x
Short	Popdex NEARUSDT	4.3610	0.0096	get 0.0012% / 1h	10m 12s	$113K	$498K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against GMX. 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 GMXbpFee PopdexbpOrdersPrice spread, now −0.115%Rate

Funding earned: −$51.24
Price spread: −0.115% → +0.020%: −$13.57
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$83.2
Costs to cover: 0.184%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Popdex: live order book, 29 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 Popdex live order book, 29 min ago	2.31 bp	8.1 bp −$8	62.4 bp −$624	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	4.3639	−0.048%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3600	−0.137%	$107K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3660	−0.001%	$163K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0017%	1h	4.3663	+0.007%	$7.1M	$38.2M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.154%	$578	$301K	12x	as long as short
Popdex NEARUSDTshort	+0.0096%	1h	4.3610	−0.115%	$113K	$498K	50x
Bybit NEARUSDT	+0.0100%	8h	4.3671	+0.024%	$220.5M	$428.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3650	−0.024%	$61.3M	$295.7M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3601	−0.137%	$248K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3655	−0.012%	$35.8M	$62.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NEARUSDTM	+0.0100%	8h	4.3680	+0.045%	$53.0M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3662	+0.004%	$72.2M	$127.8M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3490	−0.391%	$8.9M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3647	−0.031%	$253K	$902K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3469	−0.439%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3540	−0.276%	$166K	$816K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3646	−0.033%	$278K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3682	+0.050%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3680	+0.045%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3680	+0.045%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3680	+0.045%	$3.6M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3572	−0.202%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3664	+0.009%	$3.6M	$16.6M	25x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.3695	+0.079%	$203K	$38K	3x	as long as short
Aster NEARUSDT	+0.0124%	8h	4.3667	+0.016%	$2.7M	$4.8M	50x	as long as short
Hyperliquid NEAR	+0.0137%	1h	4.3703	+0.098%	$352.2M	$316.2M	10x	as long as short
HTX NEAR-USDT	+0.0154%	8h	4.3690	+0.068%	$465K	$3.8M	75x	as long as short
Binance NEARUSDT	+0.0156%	8h	4.3689	+0.067%	$264.6M	$1.09B	75x	as long as short
MEXC NEAR_USDT	+0.0159%	8h	4.3680	+0.045%	$87.9M	$153.6M	200x	as long as short
BingX NEAR-USDC	+0.0171%	8h	4.3660	−0.001%	—	$6.7M	—	as long as short
Kalshi KXNEARPERP	+0.0173%	8h	4.3586	−0.170%	$974K	$25.1M	2.2x	as long as short
01 Exchange NEARUSD	+0.0232%	1h	4.3630	−0.070%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0279%	8h	4.3500	−0.367%	$13.3M	$32.1M	75x	as long as short
GMX NEAR/USD [ETH-USDC]long	L +0.0340% / S −0.0239%	1h	4.3660	long leg	$253K	—	100x
Nado NEAR-PERP	+0.0377%	1h	4.3665	+0.011%	$1.7M	$3.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0460%	1h	4.3703	+0.098%	$1.0M	$7.1M	20x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3692	+0.072%	$2.3M	$17.0M	50x	as long as short
Lighter RH NEAR	+0.0504%	1h	4.3724	+0.146%	$1.5M	$6.7M	10x	as long as short
Lighter NEAR	+0.0552%	1h	4.3731	+0.161%	$17.2M	$25.4M	15x	as long as short
Arcus NEAR-USD	+0.0638%	1h	4.3630	−0.070%	$228K	$1.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0826%	1h	4.3712	+0.118%	$1.9M	$13.1M	25x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3598	−0.142%	$411K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3782	+0.279%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3631	−0.067%	$607K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1114%	1h	4.3570	−0.207%	$5K	$7K	10x	as long as short