Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h 0.000%

Price spread now: Paradex against edgeX−0.382%52s7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Paradex

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.382% cheaper against edgeX than usual: you would sell low and buy high, −$38 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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	edgeX NEARUSDC	4.4206	0.0100	pay 0.0050% / 4h	20m 31s	$265K	$977K	20x
Short	Paradex NEAR-USD-PERP	4.4037	0.0101	get 0.0101% / 8h	4h 20m	$32K	$608	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against edgeX. 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 edgeXbpFee ParadexbpOrdersPrice spread, now −0.382%Rate

Funding earned: $0.15
Price spread: −0.382% → 0.000%: −$38.23
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$51.09
Costs to cover: 0.130%
Break-even: 2445.8 days

Slippage unknown: edgeX: live order book, 28 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 edgeX live order book, 28 min ago	10.08 bp	14.9 bp −$15	33.0 bp −$330	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	4.4067	−0.315%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4022	−0.416%	$2.3M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4022	−0.416%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4109	−0.219%	$600K	$22.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4052	−0.347%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.324%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4070	−0.307%	$113K	$518K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4054	−0.344%	$421K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4100	−0.239%	$270.8M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4040	−0.375%	$221.5M	$424.3M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4050	−0.352%	$62.6M	$299.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4098	−0.243%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4083	−0.278%	$32.0M	$63.9M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4080	−0.284%	$74.3M	$149.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4060	−0.330%	$54.6M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4073	−0.300%	$72.4M	$130.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4070	−0.307%	—	$147.5M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4057	−0.337%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDClong	+0.0100%	4h	4.4206	long leg	$265K	$977K	20x
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4210	+0.010%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4050	−0.352%	$169K	$802K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4108	−0.221%	$232K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4075	−0.296%	$56K	$227K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4180	−0.058%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4140	−0.149%	$457K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4110	−0.217%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERPshort	+0.0101%	8h	4.4037	−0.382%	$32K	$608	10x
Aevo NEAR-PERP	+0.0104%	1h	4.4105	−0.228%	$205K	$40K	3x	as long as short
SoDEX NEAR-USD	+0.0106%	1h	4.4055	−0.341%	$8K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4110	−0.217%	$13.9M	$32.8M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0296%	1h	4.4099	−0.241%	$1.4M	$6.5M	20x	as long as short
Aster NEARUSDT	+0.0303%	8h	4.4095	−0.252%	$3.0M	$5.5M	50x	as long as short
Hyperliquid NEAR	+0.0305%	1h	4.4084	−0.275%	$363.6M	$324.6M	10x	as long as short
01 Exchange NEARUSD	+0.0320%	1h	4.4120	−0.194%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0190%	1h	4.4035	−0.387%	$233K	—	100x	as long as short
Extended NEAR-USD	+0.0352%	1h	4.4044	−0.366%	$3.9M	$19.7M	25x	as long as short
Nado NEAR-PERP	+0.0540%	1h	4.4065	−0.318%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4120	−0.194%	$218K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0589%	1h	4.4086	−0.270%	$8.1M	$39.7M	50x	as long as short
Lighter RH NEAR	+0.0608%	1h	4.4108	−0.221%	$1.5M	$7.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0749%	1h	4.4093	−0.255%	$2.0M	$7.3M	25x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4289	+0.188%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.0920%	1h	4.4101	−0.236%	$17.8M	$26.5M	15x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4119	−0.196%	$590K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1487%	1h	4.4118	−0.199%	$5K	$12K	10x	as long as short