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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0723%/8h= +79.2% APRpaid last 24h +0.176%
Price spread now: Hyperliquid against Paradex+0.145%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 · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Hyperliquid is 0.145% dearer against Paradex than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex NEAR-USD-PERP4.32890.0100pay 0.0100% / 8h6h 48m$31K$60810x
ShortHyperliquid NEAR4.33520.0823get 0.0103% / 1h48m 38s$367.1M$302.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Paradex. 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
$151.85
Price spread: +0.145% → 0.000%
$14.53
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$153.38
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 5 min ago. 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 Paradex no order-book sample
Sell Hyperliquid live order book, 5 min ago0.12 bp6.5 bp −$7doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3178−0.256%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3172−0.270%$2.1M$13.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.3291+0.004%$108K$69K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3250−0.090%$469K$19.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3178−0.255%$201K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.341%$578$302K12xas long as short
Variational Omni NEAR+0.0034%8h4.3248−0.094%$8.1M$19.0Mas long as short
Popdex NEARUSDT+0.0096%1h4.3220−0.160%$115K$476K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3210−0.183%$57K$162K20xas long as short
Aster NEARUSDT+0.0100%8h4.3316+0.062%$3.0M$5.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.3308+0.044%$409K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3330+0.095%$257.8M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3290+0.002%$220.1M$418.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3290+0.002%$60.9M$279.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3330+0.095%$205K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3162−0.293%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3294+0.011%$31.1M$60.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3320+0.071%$76.4M$137.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3310+0.048%$55.8M$42.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3264−0.058%$71.6M$123.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3270−0.044%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3139−0.348%$259K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3230−0.137%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3230−0.137%$179K$778K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3245−0.102%$205K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3250−0.090%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3175−0.264%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3330+0.095%$441K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3220−0.160%$3.8M$8.3M50xas long as short
Paradex NEAR-USD-PERPlong+0.0100%8h4.3289long leg$31K$60810x
Extended NEAR-USD+0.0104%1h4.3234−0.126%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3190−0.229%$201K$34K3xas long as short
Kraken Futures PF_NEARUSD+0.0219%1h4.3190−0.228%$7.7M$38.8M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3220−0.160%$13.2M$27.6M75xas long as short
Nado NEAR-PERP+0.0319%1h4.3208−0.186%$1.9M$3.0M10xas long as short
01 Exchange NEARUSD+0.0344%1h4.3272−0.039%$13K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0352%1h4.3194−0.220%$1.9M$4.1M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0377% / S −0.0309%1h4.3164−0.289%$276K100xas long as short
RISEx NEAR/USDC+0.0509%1h4.3381+0.212%$450K$1.2M10xas long as short
Lighter RH NEAR+0.0592%1h4.3346+0.131%$1.6M$6.9M10xas long as short
Phoenix NEAR+0.0592%1h4.3227−0.143%$1.8M$2.6M10xas long as short
Hyperliquid NEARshort+0.0823%1h4.3352+0.145%$367.1M$302.8M10x
Backpack NEAR_USDC_PERP+0.0852%1h4.32890.000%$1.3M$6.0M20xas long as short
Lighter NEAR+0.1352%1h4.3370+0.188%$17.3M$24.5M15xas long as short
Aftermath Perps NEARUSD+0.1451%1h4.3158−0.303%$5K$12K10xas long as short