Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h −0.002%

Price spread now: 01 Exchange against Paradex−0.006%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex NEAR-USD-PERP	4.2793	0.0099	pay 0.0099% / 8h	7h 28m	$31K	$608	10x
Short	01 Exchange NEARUSD	4.2791	−0.0024	pay 0.0003% / 1h	28m 08s	$13K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee ParadexbpFee 01 ExchangebpOrdersPrice spread, now −0.006%Rate

Funding earned: −$25.91
Price spread: −0.006% → 0.000%: −$0.57
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$37.48
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; 01 Exchange: 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 Paradex no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

Paradex and 01 Exchange: 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	4.2808	+0.035%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0131%	1h	4.2890	+0.226%	$7.2M	$37.3M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.2778	−0.036%	$2.2M	$12.9M	50x	as long as short
01 Exchange NEARUSDshort	−0.0024%	1h	4.2791	−0.006%	$13K	$7K	10x
Bybit NEARUSDT	−0.0021%	8h	4.2850	+0.132%	$216.6M	$415.8M	75x	as long as short
Variational Omni NEAR	−0.0005%	8h	4.2608	−0.432%	$8.0M	$18.7M	—	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2776	−0.040%	$111K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2823	+0.069%	$402K	$18.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2852	+0.136%	$203K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.233%	$578	$302K	12x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0034%	8h	4.2863	+0.163%	$30.8M	$59.5M	75x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2800	+0.015%	$114K	$483K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.2894	+0.235%	$57K	$191K	20x	as long as short
Paradex NEAR-USD-PERPlong	+0.0099%	8h	4.2793	long leg	$31K	$608	10x
Aster NEARUSDT	+0.0100%	8h	4.2821	+0.065%	$2.9M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2800	+0.015%	$395K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2879	+0.200%	$253.8M	$1.06B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2830	+0.085%	$60.2M	$278.4M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2810	+0.039%	$196K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2789	−0.010%	$244K	−$0	10x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2860	+0.156%	$76.8M	$140.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2910	+0.272%	$56.3M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2837	+0.102%	$71.0M	$124.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2840	+0.109%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2606	−0.438%	$254K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2603	−0.445%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2320	−1.106%	$177K	$788K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2840	+0.109%	$206K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2890	+0.226%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2900	+0.249%	$5K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.2950	+0.366%	$458K	$3.6M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2850	+0.132%	$3.8M	$8.6M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2881	+0.204%	$3.8M	$16.9M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2894	+0.235%	$200K	$28K	3x	as long as short
Hyperliquid NEAR	+0.0155%	1h	4.2896	+0.240%	$359.8M	$305.0M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2730	−0.148%	$13.0M	$28.1M	75x	as long as short
Lighter RH NEAR	+0.0368%	1h	4.2927	+0.312%	$1.6M	$6.9M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0372% / S −0.0306%	1h	4.2840	+0.110%	$272K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0412%	1h	4.2921	+0.298%	$1.3M	$5.9M	20x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.2823	+0.069%	$406K	$1.2M	10x	as long as short
Nado NEAR-PERP	+0.0468%	1h	4.2797	+0.009%	$1.9M	$3.2M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.2669	−0.291%	$1.8M	$2.7M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0519%	1h	4.2929	+0.317%	$1.9M	$3.4M	25x	as long as short
Aftermath Perps NEARUSD	+0.1304%	1h	4.2655	−0.324%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1896%	1h	4.2973	+0.420%	$17.2M	$24.3M	15x	as long as short