Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.39 per $10,000 · paid last 24h +0.002%
Price spread now: Paradex against Bybit+0.031%49s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.031% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEARUSDT4.27950.0061pay 0.0061% / 8h21m 51s$218.5M$422.2M75x
ShortParadex NEAR-USD-PERP4.28080.0100get 0.0100% / 8h21m 51s$31K$64710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Bybit. 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

Funding earned
$8.2
Price spread: +0.031% → 0.000%
$3.13
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$3.67
Costs to cover
0.150%
Break-even
10.1 days
Slippage unknown: Bybit: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago1.17 bp9.6 bp −$1014.6 bp −$14633.2 bp −$3,316210.3 bp −$105.1K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.2819+0.056%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2820+0.058%$2.2M$13.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.2793−0.005%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2799+0.009%$340K$18.7M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2864+0.161%$202K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.236%$578$302K12xas long as short
Bybit NEARUSDTlong+0.0061%8h4.2795long leg$218.5M$422.2M75x
Variational Omni NEAR+0.0062%8h4.2470−0.759%$7.9M$18.4Mas long as short
01 Exchange NEARUSD+0.0088%1h4.2871+0.178%$13K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2830+0.082%$109K$497K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NEAR-USD-PERPshort+0.0100%8h4.2808+0.031%$31K$64710x
Aster NEARUSDT+0.0100%8h4.2871+0.178%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2801+0.014%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2820+0.058%$253.5M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2810+0.035%$60.9M$286.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2830+0.082%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2551−0.571%$242K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2818+0.054%$30.7M$59.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2830+0.082%$78.3M$142.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2860+0.152%$55.7M$43.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2816+0.049%$71.0M$126.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2810+0.035%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2470−0.759%$242K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2778−0.039%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2500−0.689%$178K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2860+0.152%$192K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2860+0.152%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2880+0.199%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2831+0.084%$12K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2830+0.082%$3.8M$8.6M50xas long as short
Extended NEAR-USD+0.0104%1h4.2821+0.062%$3.9M$16.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2835+0.095%$202K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2867+0.168%$7.7M$37.5M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2680−0.269%$13.1M$29.3M75xas long as short
Lighter RH NEAR+0.0336%1h4.2883+0.206%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0314%1h4.2869+0.173%$275K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2867+0.168%$417K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0457%1h4.2892+0.227%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2601−0.453%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0692%1h4.2823+0.065%$1.9M$3.4M10xas long as short
Hyperliquid NEAR+0.0735%1h4.2878+0.194%$368.4M$298.6M10xas long as short
HTX NEAR-USDT+0.0805%8h4.2880+0.199%$461K$3.7M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0870%1h4.2913+0.276%$1.9M$2.5M25xas long as short
Aftermath Perps NEARUSD+0.1142%1h4.2677−0.275%$5K$12K10xas long as short
Lighter NEAR+0.1696%1h4.2939+0.336%$16.5M$23.9M15xas long as short