Funding you earn now, next payment 09:00 UTC−0.0749%/8h= −82.0% APRpaid last 24h −0.170%
Price spread now: Paradex against Phoenix−0.213%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$22 a day on $10k at the current rate, and Paradex is 0.213% cheaper against Phoenix than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NEAR | 4.5045 | 0.0851 | pay 0.0106% / 1h | 57m 16s | $1.7M | $2.7M | 10x |
| Short | Paradex NEAR-USD-PERP | 4.4949 | 0.0102 | get 0.0102% / 8h | 5h 57m | $32K | $51 | 10x |
Phoenix NEAR
Paradex NEAR-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Phoenix. 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
- −$157.3
- Price spread: −0.213% → 0.000%
- −$21.31
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$189.61
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 4 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 4 min ago | 1.11 bp | 12.4 bp −$12 | 50.9 bp −$509 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0235% | 1h | 4.4928 | −0.260% | $7.4M | $37.1M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4929 | −0.258% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4956 | −0.198% | $110K | $53K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4918 | −0.282% | $789K | $26.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4937 | −0.240% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.070% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4970 | −0.167% | $124K | $508K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4960 | −0.189% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4971 | −0.165% | $273.3M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4946 | −0.220% | $232.4M | $428.6M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4930 | −0.255% | $64.3M | $299.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5100 | +0.122% | $269K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4954 | −0.202% | $39.9M | $61.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4940 | −0.233% | $77.5M | $166.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4970 | −0.167% | $53.4M | $44.3M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4922 | −0.273% | $74.5M | $127.6M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4960 | −0.189% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5024 | −0.046% | $8.9M | $17.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5026 | −0.043% | $266K | $871K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5100 | +0.122% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5130 | +0.189% | $168K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4979 | −0.147% | $281K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4978 | −0.149% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5030 | −0.033% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4955 | −0.200% | $5K | $40K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4980 | −0.144% | $466K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4970 | −0.167% | $3.4M | $7.9M | 50x | as long as short |
| Paradex NEAR-USD-PERPshort | +0.0102% | 8h | 4.4949 | −0.213% | $32K | $51 | 10x | |
| Extended NEAR-USD | +0.0104% | 1h | 4.4920 | −0.277% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4937 | −0.240% | $209K | $38K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4990 | −0.122% | $12.9M | $32.7M | 75x | as long as short |
| Nado NEAR-PERP | +0.0246% | 1h | 4.4940 | −0.233% | $1.7M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0288% | 1h | 4.4989 | −0.124% | $13K | $5K | 10x | as long as short |
| Lighter NEAR | +0.0320% | 1h | 4.4995 | −0.110% | $17.6M | $23.2M | 15x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0341% / S −0.0226% | 1h | 4.4947 | −0.218% | $263K | — | 100x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.5000 | −0.100% | $227K | $1.4M | 10x | as long as short |
| Hyperliquid NEAR | +0.0398% | 1h | 4.4998 | −0.104% | $362.9M | $318.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0424% | 1h | 4.5004 | −0.091% | $1.6M | $5.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.5049 | +0.009% | $639K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.5035 | −0.022% | $2.3M | $17.7M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0650% | 1h | 4.4975 | −0.155% | $1.1M | $7.0M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0751% | 1h | 4.4978 | −0.149% | $1.9M | $13.0M | 25x | as long as short |
| Phoenix NEARlong | +0.0851% | 1h | 4.5045 | long leg | $1.7M | $2.7M | 10x | |
| Pacifica NEAR | +0.0851% | 1h | 4.4955 | −0.199% | $423K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1183% | 1h | 4.5015 | −0.067% | $6K | $6K | 10x | as long as short |
OKX NEAR-USDT-SWAP
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
HTX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Nado NEAR-PERP
01 Exchange NEARUSD
Lighter NEAR
GMX NEAR/USD [ETH-USDC]
Arcus NEAR-USD
Hyperliquid NEAR
Lighter RH NEAR
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Aftermath Perps NEARUSD