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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.009%
Price spread now: Paradex against Bybit−0.509%59s7-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 0.509% cheaper against Bybit than usual: you would sell low and buy high, −$51 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEARUSDT4.31200.0095pay 0.0095% / 8h7h 22m$218.9M$417.3M75x
ShortParadex NEAR-USD-PERP4.29000.0099get 0.0099% / 8h7h 22m$31K$60810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Bybit. 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
$0.89
Price spread: −0.509% → 0.000%
−$50.93
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$65.05
Costs to cover
0.150%
Break-even
521.2 days
Slippage unknown: Bybit: 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 Bybit live order book, 1 min ago1.17 bp8.1 bp −$817.0 bp −$17042.4 bp −$4,236189.7 bp −$94.8K
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%1h4.2996−0.287%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0130%1h4.3164+0.101%$7.3M$37.3M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3150+0.070%$2.3M$13.1M50xas long as short
01 Exchange NEARUSD−0.0008%1h4.3020−0.232%$13K$7K10xas long as short
Variational Omni NEAR−0.0004%8h4.2668−1.048%$7.9M$18.8Mas long as short
dYdX NEAR-USD0.0000%1h4.3140+0.045%$112K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2948−0.399%$360K$19.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3151+0.073%$205K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.966%$578$302K12xas long as short
Bybit NEARUSDTlong+0.0095%8h4.3120long leg$218.9M$417.3M75x
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.3040−0.186%$115K$482K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.3183+0.146%$57K$191K20xas long as short
Paradex NEAR-USD-PERPshort+0.0099%8h4.2900−0.509%$31K$60810x
Aster NEARUSDT+0.0100%8h4.3180+0.139%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.2902−0.506%$396K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3145+0.057%$257.2M$1.06B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3150+0.070%$61.0M$281.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3070−0.116%$197K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2789−0.767%$244K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3157+0.086%$31.0M$60.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3170+0.116%$77.5M$140.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3190+0.162%$56.4M$42.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3157+0.086%$71.5M$124.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3170+0.116%$141.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3008−0.259%$256K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3032−0.203%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2800−0.742%$179K$782K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3027−0.216%$192K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3230+0.255%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3165+0.104%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3240+0.278%$457K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3140+0.046%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.3149+0.068%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3164+0.101%$201K$28K3xas long as short
Hyperliquid NEAR+0.0185%1h4.3206+0.199%$363.3M$301.5M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.3130+0.023%$12.9M$28.2M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0374% / S −0.0307%1h4.3151+0.071%$275K100xas long as short
RISEx NEAR/USDC+0.0428%1h4.3075−0.104%$408K$1.2M10xas long as short
Lighter RH NEAR+0.0432%1h4.3212+0.213%$1.6M$6.9M10xas long as short
Backpack NEAR_USDC_PERP+0.0449%1h4.3214+0.218%$1.3M$5.9M20xas long as short
Nado NEAR-PERP+0.0470%1h4.3030−0.209%$1.9M$3.2M10xas long as short
Phoenix NEAR+0.0499%1h4.3141+0.049%$1.8M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0654%1h4.3197+0.179%$1.9M$3.6M25xas long as short
Aftermath Perps NEARUSD+0.1337%1h4.2857−0.611%$5K$12K10xas long as short
Lighter NEAR+0.1928%1h4.3241+0.280%$17.3M$24.6M15xas long as short