NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0102%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.051%

Price spread now: GMX against Popdex−0.092%7-day average −0.023% · you buy dearer than you sell

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

Long on Popdex Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.258%+$26 on $10k

Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.092%, 7d avg −0.023%

Together, before fees+0.505%+$50 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.069% cheaper against Popdex than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.023%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.258% in total) that is about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex NEARUSDT	4.2740	0.0096	pay 0.0012% / 1h	44m 52s	$111K	$500K	50x
Short	GMX NEAR/USD [ETH-USDC]	4.2701	L +0.0322% / S −0.0198%	get 0.0025% / 1h	44m 52s	$231K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Popdex. 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 PopdexbpFee GMXbpOrdersPrice spread, now −0.092%Rate

Funding earned: $21.36
Price spread: −0.092% → −0.023%: −$6.89
Slippage, 4 orders: no order book: not counted
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee GMX: 6 bp × 2 orders: −$12
Net: −$3.93
Costs to cover: 0.184%
Break-even: 8.3 days

Slippage unknown: Popdex: live order book, 4 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 Popdex live order book, 4 min ago	2.33 bp	7.2 bp −$7	66.7 bp −$667	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	4.2723	−0.040%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2708	−0.075%	$105K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.2703	−0.087%	$160K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.112%	$578	$301K	12x	as long as short
Popdex NEARUSDTlong	+0.0096%	1h	4.2740	long leg	$111K	$500K	50x
Binance NEARUSDT	+0.0100%	8h	4.2810	+0.164%	$261.6M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2752	+0.028%	$212.5M	$422.0M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2770	+0.070%	$60.2M	$284.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2835	+0.223%	$244K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2728	−0.028%	$32.0M	$59.7M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NEAR_USDT	+0.0100%	8h	4.2800	+0.140%	$70.5M	$142.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2780	+0.094%	$52.9M	$45.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2755	+0.035%	$70.7M	$127.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2780	+0.094%	—	$144.5M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2678	−0.146%	$8.1M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2781	+0.096%	$250K	$950K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2766	+0.061%	$1.4M	$1.5M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2744	+0.009%	$263K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2755	+0.035%	$56K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2830	+0.211%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.2840	+0.234%	$458K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2770	+0.070%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.2721	−0.045%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2749	+0.020%	$199K	$37K	3x	as long as short
ApeX Omni NEARUSDT	+0.0148%	1h	4.2790	+0.117%	$164K	$794K	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2780	+0.094%	$13.2M	$31.5M	75x	as long as short
Kalshi KXNEARPERP	+0.0253%	8h	4.2761	+0.049%	$842K	$24.5M	2.2x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.2732	−0.019%	$2.3M	$15.7M	50x	as long as short
GMX NEAR/USD [ETH-USDC]short	L +0.0322% / S −0.0198%	1h	4.2701	−0.092%	$231K	—	100x
Aster NEARUSDT	+0.0335%	8h	4.2780	+0.093%	$2.8M	$5.4M	50x	as long as short
Nado NEAR-PERP	+0.0339%	1h	4.2720	−0.047%	$1.7M	$3.2M	10x	as long as short
Extended NEAR-USD	+0.0528%	1h	4.2746	+0.014%	$3.7M	$19.9M	25x	as long as short
SoDEX NEAR-USD	+0.0563%	1h	4.2745	+0.012%	$6K	$53K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0635%	1h	4.2754	+0.033%	$1.3M	$6.8M	20x	as long as short
Hyperliquid NEAR	+0.0672%	1h	4.2768	+0.066%	$349.4M	$311.6M	10x	as long as short
01 Exchange NEARUSD	+0.0728%	1h	4.2804	+0.150%	$13K	$7K	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0740%	1h	4.2740	−0.001%	$7.5M	$38.7M	50x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.2790	+0.117%	$210K	$1.6M	10x	as long as short
Lighter NEAR	+0.0832%	1h	4.2792	+0.123%	$16.7M	$25.0M	15x	as long as short
Pacifica NEAR	+0.0847%	1h	4.2755	+0.034%	$391K	$1.3M	10x	as long as short
Lighter RH NEAR	+0.1024%	1h	4.2800	+0.140%	$1.5M	$7.3M	10x	as long as short
Phoenix NEAR	+0.1033%	1h	4.2961	+0.517%	$1.8M	$2.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1108%	1h	4.2775	+0.082%	$1.9M	$11.0M	25x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.2769	+0.067%	$686K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1463%	1h	4.2769	+0.067%	$5K	$12K	10x	as long as short