Funding you earn now, next payment 10:00 UTC+0.0406%/8h= +44.4% APRnext payment +$0.51 per $10,000 · paid last 24h +0.131%
Price spread now: GMX against Reya−0.291%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. GMX is 0.291% cheaper against Reya than usual: you would sell low and buy high (spread −0.291% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 2.4 days of funding at the current rate (+$12 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya NEARRUSDPERP | 4.5136 | −0.0171 | get 0.0021% / 1h | 15m 02s | $2K | — | 20x |
| Short | GMX NEAR/USD [ETH-USDC] | 4.5004 | L +0.0342% / S −0.0235% | get 0.0029% / 1h | 15m 02s | $260K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Reya. 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
- $85.21
- Price spread: −0.291% → 0.000%
- −$29.09
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $38.12
- Costs to cover
- 0.180%
- Break-even
- 3.9 days
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Reya and 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 exchanges
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 NEARRUSDPERPlong | −0.0171% | 1h | 4.5136 | long leg | $2K | — | 20x | |
| Kraken Futures PF_NEARUSD | −0.0140% | 1h | 4.5123 | −0.028% | $7.4M | $37.9M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5048 | −0.195% | $110K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5087 | −0.107% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.254% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5150 | +0.032% | $124K | $522K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5138 | +0.007% | $2.7M | $4.8M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5160 | +0.054% | $274.5M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5139 | +0.008% | $234.4M | $433.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5120 | −0.034% | $64.6M | $310.8M | 50x | as long as short |
Show all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.5110 | −0.057% | $232K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5102 | −0.074% | $269K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5129 | −0.014% | $39.9M | $63.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5170 | +0.076% | $78.5M | $172.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5170 | +0.076% | $53.5M | $45.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5095 | −0.090% | $74.8M | $130.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.5150 | +0.032% | — | $78.4M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5025 | −0.244% | $9.0M | $17.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5132 | −0.007% | $267K | $870K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5070 | −0.145% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5120 | −0.034% | $168K | $827K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5168 | +0.072% | $283K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5170 | +0.076% | $59K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5150 | +0.032% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5145 | +0.021% | $5K | $40K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5130 | −0.012% | $469K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5140 | +0.010% | $3.4M | $8.0M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0103% | 8h | 4.5044 | −0.202% | $33K | $51 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5111 | −0.054% | $3.8M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5146 | +0.022% | $210K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0107% | 8h | 4.5135 | −0.001% | $815K | $26.3M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0160% | 1h | 4.5157 | +0.048% | $13K | $5K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5150 | +0.032% | $13.0M | $33.0M | 75x | as long as short |
| Hyperliquid NEAR | +0.0295% | 1h | 4.5189 | +0.118% | $364.7M | $324.2M | 10x | as long as short |
| Lighter NEAR | +0.0304% | 1h | 4.5158 | +0.050% | $17.6M | $23.8M | 15x | as long as short |
| GMX NEAR/USD [ETH-USDC]short | L +0.0342% / S −0.0235% | 1h | 4.5004 | −0.291% | $260K | — | 100x | |
| Nado NEAR-PERP | +0.0422% | 1h | 4.5115 | −0.045% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5171 | +0.079% | $2.3M | $17.8M | 50x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5105 | −0.068% | $643K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0648% | 1h | 4.5197 | +0.136% | $1.6M | $6.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0714% | 1h | 4.5192 | +0.125% | $1.1M | $7.0M | 20x | as long as short |
| Phoenix NEAR | +0.0851% | 1h | 4.5254 | +0.262% | $1.7M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.5086 | −0.109% | $418K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0946% | 1h | 4.5197 | +0.136% | $1.9M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1177% | 1h | 4.5178 | +0.093% | $6K | $7K | 10x | as long as short |
GMX NEAR/USD [ETH-USDC]
Kraken Futures PF_NEARUSD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
Hyperliquid NEAR
Lighter NEAR
Coinbase International NEAR-PERP-INTX
RISEx NEAR/USDC
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD