Funding you earn now, next payment 00:00 UTC+0.0214%/8h= +23.4% APRnext payment +$0.27 per $10,000 · paid last 24h +0.069%
Price spread now: GMX against Pacifica−0.148%7-day average −0.041% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.237%+$24 on $10k
+Price spread, last 3 days (all we have)+0.160%+$16 · spread now −0.148%, 7d avg −0.041%
=Together, before fees+0.396%+ Points / potential airdropPacifica: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.107% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.041%). If the spread goes back, that is −$11 on $10k: about 40 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NEAR | 4.2765 | 0.0100 | pay 0.0013% / 1h | 46m 27s | $402K | $1.2M | 10x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.2702 | L +0.0374% / S −0.0314% | get 0.0039% / 1h | 46m 27s | $274K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $44.96
- Price spread: −0.148% → −0.041%
- −$10.71
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $14.25
- Costs to cover
- 0.200%
- Break-even
- 4.8 days
Slippage unknown: Pacifica: live order book, 2 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 Pacifica live order book, 2 min ago | 5.48 bp | 17.8 bp −$18 | doesn't fit | 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 | 4.2690 | −0.176% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2678 | −0.203% | $2.2M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2739 | −0.060% | $111K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2692 | −0.170% | $401K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2712 | −0.123% | $203K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.168% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2730 | −0.082% | $108K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0099% | 8h | 4.2700 | −0.152% | $219.4M | $421.8M | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2719 | −0.108% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2732 | −0.077% | $3.0M | $5.6M | 50x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEARlong | +0.0100% | 1h | 4.2765 | long leg | $402K | $1.2M | 10x | |
| Binance NEARUSDT | +0.0100% | 8h | 4.2709 | −0.130% | $252.9M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2720 | −0.105% | $60.9M | $285.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2730 | −0.082% | $201K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3000 | +0.550% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2693 | −0.168% | $30.1M | $58.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2700 | −0.152% | $78.0M | $140.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2740 | −0.058% | $56.0M | $43.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2697 | −0.159% | $70.9M | $126.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2680 | −0.199% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3020 | +0.596% | $8.0M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2986 | +0.518% | $245K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2963 | +0.464% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2990 | +0.526% | $180K | $788K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2741 | −0.056% | $217K | $3.4M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2732 | −0.077% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2730 | −0.082% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2690 | −0.175% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2700 | −0.152% | $3.9M | $8.2M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2710 | −0.129% | $4.0M | $15.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2720 | −0.106% | $206K | $62K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2700 | −0.151% | $7.4M | $36.9M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0200% | 1h | 4.2754 | −0.026% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2730 | −0.082% | $13.0M | $30.7M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0336% | 1h | 4.2707 | −0.135% | $1.9M | $2.3M | 25x | as long as short |
| Lighter RH NEAR | +0.0344% | 1h | 4.2791 | +0.061% | $1.5M | $7.0M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0374% / S −0.0314% | 1h | 4.2702 | −0.148% | $274K | — | 100x | |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2762 | −0.007% | $412K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0431% | 1h | 4.2742 | −0.054% | $1.3M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2919 | +0.360% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0814% | 1h | 4.2705 | −0.140% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0879% | 8h | 4.2760 | −0.011% | $457K | $3.7M | 75x | as long as short |
| Hyperliquid NEAR | +0.1161% | 1h | 4.2770 | +0.012% | $368.6M | $298.2M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1171% | 1h | 4.2947 | +0.426% | $5K | $11K | 10x | as long as short |
| Lighter NEAR | +0.1920% | 1h | 4.2860 | +0.222% | $16.5M | $23.7M | 15x | as long as short |
Pacifica NEAR
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
HTX NEAR-USDT
Hyperliquid NEAR
Aftermath Perps NEARUSD
Lighter NEAR