Funding you earn now, next payment 23:00 UTC+0.0442%/8h= +48.3% APRpaid last 24h +0.211%
Price spread now: Backpack against Paradex+0.510%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$13 a day on $10k at the current rate, and Backpack is 0.510% dearer against Paradex than usual: you sell high and buy low: +$51 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex NEAR-USD-PERP | 4.2525 | 0.0100 | pay 0.0100% / 8h | 1h 08m | $31K | $647 | 10x |
| Short | Backpack NEAR_USDC_PERP | 4.2742 | 0.0541 | get 0.0068% / 1h | 8m 48s | $1.3M | $5.5M | 20x |
Paradex NEAR-USD-PERP
Backpack NEAR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Paradex. 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
- $92.72
- Price spread: +0.510% → 0.000%
- $51
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $129.72
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Backpack: live order book, just now. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, just now | 0.12 bp | 8.2 bp −$8 | 17.7 bp −$177 | doesn't fit | doesn't fit |
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 | 4.2606 | +0.191% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.2593 | +0.160% | $2.2M | $13.0M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −2.622% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2471 | −0.127% | $111K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2557 | +0.075% | $483K | $18.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2612 | +0.204% | $206K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0047% | 1h | 4.2688 | +0.382% | $7.7M | $36.3M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2630 | +0.247% | $105K | $489K | 50x | as long as short |
| Paradex NEAR-USD-PERPlong | +0.0100% | 8h | 4.2525 | long leg | $31K | $647 | 10x | |
| Aster NEARUSDT | +0.0100% | 8h | 4.2781 | +0.603% | $3.0M | $5.6M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Popdex NEARUSDT
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.2484 | −0.096% | $395K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2767 | +0.568% | $247.0M | $1.06B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2765 | +0.564% | $219.3M | $419.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2760 | +0.552% | $59.7M | $282.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2540 | +0.035% | $207K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2317 | −0.489% | $241K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2775 | +0.588% | $30.6M | $58.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2760 | +0.552% | $83.5M | $144.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2740 | +0.505% | $56.2M | $43.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2761 | +0.555% | $70.9M | $125.4M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2770 | +0.576% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2299 | −0.531% | $7.9M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2295 | −0.542% | $247K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2168 | −0.840% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2150 | −0.882% | $176K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2663 | +0.324% | $227K | $3.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2601 | +0.178% | $56K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2710 | +0.435% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2639 | +0.268% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2640 | +0.270% | $3.9M | $8.1M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2716 | +0.449% | $4.0M | $14.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2605 | +0.187% | $205K | $62K | 3x | as long as short |
| 01 Exchange NEARUSD | +0.0136% | 1h | 4.2642 | +0.275% | $13K | $7K | 10x | as long as short |
| Lighter RH NEAR | +0.0152% | 1h | 4.2709 | +0.432% | $1.5M | $7.0M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2660 | +0.317% | $12.6M | $32.3M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0290% | 1h | 4.2628 | +0.242% | $1.9M | $2.2M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.2619 | +0.221% | $414K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0388% / S −0.0332% | 1h | 4.2613 | +0.207% | $290K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0480% | 1h | 4.2630 | +0.247% | $1.9M | $3.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERPshort | +0.0541% | 1h | 4.2742 | +0.510% | $1.3M | $5.5M | 20x | |
| Phoenix NEAR | +0.0542% | 1h | 4.2316 | −0.492% | $1.8M | $2.7M | 10x | as long as short |
| Hyperliquid NEAR | +0.0593% | 1h | 4.2880 | +0.835% | $367.5M | $294.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0931% | 8h | 4.2770 | +0.576% | $460K | $3.6M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.0982% | 1h | 4.2278 | −0.582% | $5K | $11K | 10x | as long as short |
| Lighter NEAR | +0.0992% | 1h | 4.2763 | +0.560% | $16.4M | $23.8M | 15x | as long as short |
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
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
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
01 Exchange NEARUSD
Lighter RH NEAR
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Phoenix NEAR
Hyperliquid NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR