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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h +0.001%
Price spread now: Paradex against Popdex+0.091%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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.091% dearer against Popdex than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex NEARUSDT4.32100.0096pay 0.0012% / 1h22m 04s$109K$505K50x
ShortParadex NEAR-USD-PERP4.32490.0100get 0.0100% / 8h3h 22m$31K$60810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Popdex. 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
$0.87
Price spread: +0.091% → 0.000%
$9.06
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$0.47
Costs to cover
0.104%
Break-even
10.8 days
Slippage unknown: Popdex: live order book, 32 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
LegHalf-spread$10k$100k$1M$5M
Buy Popdex live order book, 32 min ago14.94 bp21.1 bp −$2183.5 bp −$835doesn't fitdoesn'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 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%1h4.3274+0.147%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3189−0.048%$106K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3300+0.208%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.166%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3361+0.349%$2.3M$15.8M50xas long as short
Popdex NEARUSDTlong+0.0096%1h4.3210long leg$109K$505K50x
Binance NEARUSDT+0.0100%8h4.3312+0.235%$265.4M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3232+0.051%$214.0M$428.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3230+0.046%$61.3M$290.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3250+0.093%$246K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3263+0.123%$31.9M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3310+0.231%$73.6M$145.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3300+0.208%$53.7M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3257+0.109%$71.3M$128.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3280+0.162%$145.8Mas long as short
Variational Omni NEAR+0.0100%8h4.3627+0.965%$8.4M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3622+0.953%$255K$947K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3500+0.671%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3640+0.995%$168K$797K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3298+0.204%$276K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3349+0.322%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3380+0.393%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3410+0.463%$471K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3300+0.208%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERPshort+0.0100%8h4.3249+0.091%$31K$60810x
Aevo NEAR-PERP+0.0104%1h4.3336+0.291%$201K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3260+0.116%$13.4M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3221+0.026%$406K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0276%8h4.3240+0.069%$873K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3269+0.136%$233K100xas long as short
Aster NEARUSDT+0.0331%8h4.3290+0.185%$2.8M$5.5M50xas long as short
SoDEX NEAR-USD+0.0361%1h4.3305+0.220%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3250+0.093%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0570%1h4.3322+0.259%$1.3M$6.7M20xas long as short
Nado NEAR-PERP+0.0591%1h4.3269+0.137%$1.8M$3.1M10xas long as short
Hyperliquid NEAR+0.0599%1h4.3309+0.229%$354.7M$313.7M10xas long as short
Extended NEAR-USD+0.0624%1h4.3292+0.189%$3.8M$20.0M25xas long as short
Arcus NEAR-USD+0.0627%1h4.3300+0.208%$213K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0711%1h4.3317+0.247%$7.6M$39.3M50xas long as short
Lighter RH NEAR+0.0896%1h4.3331+0.280%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3721+1.183%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1104%1h4.3384+0.404%$17.5M$25.0M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3283+0.169%$687K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1555%1h4.3415+0.475%$5K$13K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1667%1h4.3375+0.382%$1.9M$9.4M25xas long as short