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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against BingX−0.211%7-day average · you buy dearer than you sell
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 0.211% cheaper against BingX than usual: you would sell low and buy high, −$21 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEAR-USDC4.41200.0100pay 0.0100% / 8h4h 35m$6.6M
ShortParadex NEAR-USD-PERP4.40270.0101get 0.0101% / 8h4h 35m$32K$60810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against BingX. 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
$0.16
Price spread: −0.211% → 0.000%
−$21.13
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$34.96
Costs to cover
0.140%
Break-even
1495.9 days
Slippage unknown: BingX: live order book, 1 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 BingX live order book, 1 min ago2.28 bp17.2 bp −$1728.6 bp −$28665.9 bp −$6,595548.4 bp −$274.2K
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%1h4.4098−0.050%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4100−0.045%$2.2M$15.3M50xas long as short
dYdX NEAR-USD0.0000%1h4.4052−0.155%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4100−0.045%$606K$22.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3993−0.288%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.142%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.41200.000%$117K$514K50xas long as short
Pacifica NEAR+0.0100%1h4.4064−0.127%$421K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4154+0.078%$270.0M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4100−0.045%$221.8M$424.2M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4110−0.023%$62.6M$299.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4550+0.975%$254K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4078−0.095%$32.0M$63.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4100−0.045%$74.9M$148.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4100−0.045%$54.8M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4100−0.045%$72.5M$130.2M75xas long as short
BingX NEAR-USDClong+0.0100%8h4.4120long leg$6.6M
Variational Omni NEAR+0.0100%8h4.3977−0.323%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4041−0.179%$264K$978K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4010−0.249%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4010−0.249%$169K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4122+0.005%$235K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4073−0.107%$56K$217K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4200+0.181%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4085−0.079%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4180+0.136%$457K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4090−0.068%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERPshort+0.0101%8h4.4027−0.211%$32K$60810x
Aevo NEAR-PERP+0.0104%1h4.4096−0.053%$205K$40K3xas long as short
Hyperliquid NEAR+0.0161%1h4.4166+0.104%$364.2M$324.9M10xas long as short
Backpack NEAR_USDC_PERP+0.0202%1h4.4106−0.032%$1.3M$6.6M20xas long as short
Extended NEAR-USD+0.0208%1h4.4086−0.077%$4.0M$19.6M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.4000−0.272%$13.8M$32.7M75xas long as short
01 Exchange NEARUSD+0.0240%1h4.4156+0.082%$13K$7K10xas long as short
Aster NEARUSDT+0.0287%8h4.4016−0.237%$3.0M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0329% / S −0.0206%1h4.3985−0.306%$239K100xas long as short
Lighter RH NEAR+0.0456%1h4.4081−0.088%$1.5M$7.2M10xas long as short
Nado NEAR-PERP+0.0552%1h4.4078−0.095%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4180+0.136%$222K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0589%1h4.4111−0.021%$8.1M$39.9M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0658%1h4.4114−0.014%$1.9M$6.8M25xas long as short
Phoenix NEAR+0.0794%1h4.4338+0.494%$1.8M$2.8M10xas long as short
Lighter NEAR+0.0888%1h4.4112−0.019%$17.8M$26.3M15xas long as short
RISEx NEAR/USDC+0.0926%1h4.4171+0.115%$562K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1568%1h4.4307+0.424%$6K$12K10xas long as short