Funding you earn now, next payment 03:00 UTC−0.0586%/8h= −64.1% APRpaid last 24h −0.223%
Price spread now: Paradex against Backpack−0.229%7-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
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Paradex is 0.229% cheaper against Backpack than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack NEAR_USDC_PERP | 4.4521 | 0.0687 | pay 0.0086% / 1h | 34m 00s | $1.4M | $6.6M | 20x |
| Short | Paradex NEAR-USD-PERP | 4.4419 | 0.0101 | get 0.0101% / 8h | 5h 34m | $32K | $608 | 10x |
Backpack NEAR_USDC_PERP
Paradex NEAR-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Backpack. 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
- −$123
- Price spread: −0.229% → 0.000%
- −$22.85
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$159.85
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 5 min ago; Paradex: 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 Backpack live order book, 5 min ago | 2.39 bp | 9.9 bp −$10 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 4.4469 | −0.117% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4482 | −0.088% | $2.2M | $14.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4436 | −0.191% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4474 | −0.106% | $656K | $19.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.4439 | −0.184% | $201K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.988% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4480 | −0.092% | $116K | $488K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4461 | −0.136% | $420K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4410 | −0.250% | $269.2M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4436 | −0.191% | $223.9M | $418.6M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4390 | −0.294% | $63.4M | $294.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4421 | −0.225% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4435 | −0.193% | $32.0M | $62.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4420 | −0.227% | $76.8M | $142.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4480 | −0.092% | $56.1M | $44.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4468 | −0.119% | $73.3M | $126.6M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4330 | −0.429% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4296 | −0.505% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3985 | −1.204% | $264K | $987K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4104 | −0.936% | $1.5M | $1.4M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4526 | +0.011% | $213K | $3.7M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4472 | −0.110% | $61K | $195K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4540 | +0.043% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4472 | −0.110% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4580 | +0.133% | $464K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4450 | −0.159% | $3.9M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERPshort | +0.0101% | 8h | 4.4419 | −0.229% | $32K | $608 | 10x | |
| Extended NEAR-USD | +0.0104% | 1h | 4.4390 | −0.294% | $3.8M | $18.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4484 | −0.083% | $207K | $34K | 3x | as long as short |
| ApeX Omni NEARUSDT | +0.0186% | 1h | 4.3960 | −1.260% | $200K | $779K | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4560 | +0.088% | $13.8M | $31.6M | 75x | as long as short |
| Aster NEARUSDT | +0.0236% | 8h | 4.4504 | −0.038% | $3.1M | $5.4M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0245% | 1h | 4.4435 | −0.193% | $261K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0382% | 1h | 4.4465 | −0.126% | $1.9M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0408% | 1h | 4.4529 | +0.018% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4490 | −0.070% | $212K | $1.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0492% | 1h | 4.4486 | −0.079% | $2.0M | $4.4M | 25x | as long as short |
| Backpack NEAR_USDC_PERPlong | +0.0687% | 1h | 4.4521 | long leg | $1.4M | $6.6M | 20x | |
| Kraken Futures PF_NEARUSD | +0.0692% | 1h | 4.4490 | −0.069% | $8.3M | $41.0M | 50x | as long as short |
| Hyperliquid NEAR | +0.0820% | 1h | 4.4564 | +0.097% | $375.7M | $304.7M | 10x | as long as short |
| Lighter RH NEAR | +0.0832% | 1h | 4.4549 | +0.063% | $1.7M | $6.9M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.4143 | −0.849% | $1.8M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4507 | −0.032% | $563K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.1448% | 1h | 4.4559 | +0.086% | $17.8M | $25.8M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1696% | 1h | 4.4151 | −0.832% | $6K | $12K | 10x | as long as short |
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
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
ApeX Omni NEARUSDT
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
01 Exchange NEARUSD
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Kraken Futures PF_NEARUSD
Hyperliquid NEAR
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD