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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0780%/8h= +85.4% APRpaid last 24h +0.049%
Price spread now: Pacifica against Paradex+0.194%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 · Pacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Pacifica is 0.194% dearer against Paradex than usual: you sell high and buy low: +$19 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-PERP4.52900.0103pay 0.0103% / 8h6h 20m$33K$5110x
ShortPacifica NEAR4.53780.0883get 0.0110% / 1h20m 48s$421K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$163.76
Price spread: +0.194% → 0.000%
$19.37
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$171.13
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Pacifica: live order book, 1 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 Pacifica live order book, 1 min ago4.40 bp15.8 bp −$16doesn'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 exchanges

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%1h4.5351+0.133%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0140%1h4.5213−0.170%$7.5M$38.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.5336+0.102%$111K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5247−0.096%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.568%$578$301K12xas long as short
Phemex NEARUSDT+0.0090%8h4.5240−0.111%$3.4M$8.1M50xas long as short
Popdex NEARUSDT+0.0096%1h4.5310+0.044%$125K$524K50xas long as short
Aster NEARUSDT+0.0100%8h4.5154−0.301%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.5159−0.289%$274.8M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5171−0.263%$235.7M$433.9M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.5170−0.266%$64.4M$310.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.5330+0.088%$233K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5400+0.242%$271K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5159−0.290%$39.8M$63.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5190−0.221%$78.9M$171.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5180−0.244%$53.8M$45.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5156−0.297%$74.9M$130.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.5170−0.266%$79.1Mas long as short
Variational Omni NEAR+0.0100%8h4.5256−0.076%$9.5M$17.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.5367+0.170%$268K$868K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5423+0.293%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5340+0.110%$169K$827K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5312+0.048%$284K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5269−0.047%$59K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5420+0.286%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5275−0.034%$5K$44K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5350+0.132%$472K$3.9M75xas long as short
Paradex NEAR-USD-PERPlong+0.0103%8h4.5290long leg$33K$5110x
Extended NEAR-USD+0.0104%1h4.5151−0.307%$3.8M$15.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5250−0.088%$210K$38K3xas long as short
Kalshi KXNEARPERP+0.0111%8h4.5307+0.037%$850K$26.3M2.2xas long as short
01 Exchange NEARUSD+0.0152%1h4.5378+0.194%$13K$5K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.5260−0.067%$13.0M$33.1M75xas long as short
Hyperliquid NEAR+0.0283%1h4.5221−0.152%$365.0M$323.7M10xas long as short
Lighter NEAR+0.0312%1h4.5193−0.216%$17.6M$23.8M15xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0343% / S −0.0235%1h4.5243−0.104%$261K100xas long as short
Nado NEAR-PERP+0.0422%1h4.5295+0.010%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0520%1h4.5452+0.357%$2.3M$18.0M50xas long as short
RISEx NEAR/USDC+0.0569%1h4.5289−0.002%$642K$1.6M10xas long as short
Lighter RH NEAR+0.0600%1h4.5188−0.226%$1.6M$6.1M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0700%1h4.5287−0.007%$1.9M$13.1M25xas long as short
Backpack NEAR_USDC_PERP+0.0737%1h4.5244−0.102%$1.1M$7.0M20xas long as short
Phoenix NEAR+0.0851%1h4.5330+0.088%$1.7M$2.5M10xas long as short
Pacifica NEARshort+0.0883%1h4.5378+0.194%$421K$1.4M10x
Aftermath Perps NEARUSD+0.1155%1h4.5333+0.093%$6K$7K10xas long as short