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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.046%
Price spread now: Paradex against Injective+4.873%7-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 +$2 a day on $10k at the current rate, and Paradex is 4.873% dearer against Injective than usual: you sell high and buy low: +$487 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h46m 24s$578$302K12x
ShortParadex NEAR-USD-PERP4.34280.0100get 0.0100% / 8h6h 46m$31K$60810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Injective. 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
$14.08
Price spread: +4.873% → 0.000%
$487.3
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Paradex: 2 bp × 2 orders
−$4
Net
$497.36
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell Paradex no order-book sample
Injective and 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%1h4.3382+4.763%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3473+4.982%$2.2M$13.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.3443+4.911%$108K$69K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3275+4.504%$487K$19.1M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3389+4.779%$201K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$302K12x
Variational Omni NEAR+0.0040%8h4.3438+4.898%$8.2M$19.1Mas long as short
Popdex NEARUSDT+0.0096%1h4.3450+4.926%$116K$477K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3433+4.885%$58K$161K20xas long as short
Aster NEARUSDT+0.0100%8h4.3500+5.047%$3.0M$5.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.3467+4.968%$411K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3420+4.854%$258.4M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3400+4.806%$220.8M$418.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3400+4.806%$61.2M$280.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3490+5.023%$206K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3300+4.564%$247K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3396+4.796%$31.2M$60.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3420+4.854%$76.7M$137.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3460+4.950%$56.0M$42.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3411+4.832%$71.9M$123.4M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3420+4.854%$142.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3213+4.354%$259K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3229+4.393%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3240+4.419%$179K$777K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3480+4.999%$206K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3480+4.999%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3410+4.830%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3450+4.926%$442K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3370+4.733%$3.8M$8.3M50xas long as short
Paradex NEAR-USD-PERPshort+0.0100%8h4.3428+4.873%$31K$60810x
Extended NEAR-USD+0.0104%1h4.3386+4.773%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3425+4.866%$202K$34K3xas long as short
Kraken Futures PF_NEARUSD+0.0218%1h4.3422+4.859%$7.7M$39.5M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3220+4.371%$13.2M$27.6M75xas long as short
Nado NEAR-PERP+0.0315%1h4.3384+4.766%$1.9M$3.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0359% / S −0.0277%1h4.3391+4.784%$260K100xas long as short
01 Exchange NEARUSD+0.0376%1h4.3518+5.091%$13K$7K10xas long as short
RISEx NEAR/USDC+0.0509%1h4.3498+5.041%$542K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.3227+4.388%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0632%1h4.3465+4.963%$1.6M$6.9M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0787%1h4.3448+4.922%$1.9M$4.1M25xas long as short
Backpack NEAR_USDC_PERP+0.0851%1h4.3438+4.897%$1.3M$6.0M20xas long as short
Hyperliquid NEAR+0.0859%1h4.3517+5.088%$369.0M$303.2M10xas long as short
Lighter NEAR+0.1408%1h4.3570+5.217%$17.4M$24.5M15xas long as short
Aftermath Perps NEARUSD+0.1459%1h4.3247+4.436%$5K$12K10xas long as short