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−0.0133%/8h= −14.6% APRnext payment $1.33 per $10,000 · paid last 24h +0.030%
Price spread now: Paradex against Kalshi−0.043%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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Paradex is 0.043% cheaper against Kalshi than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXNEARPERP4.34490.0234pay 0.0234% / 8h7h 37m$759K$23.3M2.2x
ShortParadex NEAR-USD-PERP4.34300.0101get 0.0101% / 8h3h 37m$31K$60810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Kalshi. 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
−$27.91
Price spread: −0.043% → 0.000%
−$4.34
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$46.25
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Kalshi: live order book, 2 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 Kalshi live order book, 2 min ago7.61 bp12.6 bp −$1319.8 bp −$198doesn'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%1h4.3463+0.032%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3442−0.016%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3459+0.022%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.693%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3531+0.189%$2.3M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3450+0.002%$109K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3560+0.255%$266.6M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3504+0.127%$216.3M$428.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3510+0.140%$61.9M$293.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3400−0.113%$247K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3465+0.037%$32.1M$61.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3550+0.232%$73.2M$144.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3560+0.255%$54.1M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3513+0.147%$71.4M$128.8M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3520+0.163%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3167−0.648%$8.3M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3304−0.333%$254K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3290−0.366%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3280−0.389%$166K$798K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3494+0.104%$277K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3534+0.196%$58K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3520+0.163%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3570+0.278%$473K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3520+0.163%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERPshort+0.0101%8h4.3430−0.043%$31K$60810x
Aevo NEAR-PERP+0.0104%1h4.3565+0.267%$203K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3530+0.186%$13.7M$32.4M75xas long as short
Kalshi KXNEARPERPlong+0.0234%8h4.3449long leg$759K$23.3M2.2x
Pacifica NEAR+0.0263%1h4.3460+0.026%$408K$1.3M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0321% / S −0.0195%1h4.3468+0.044%$233K100xas long as short
Aster NEARUSDT+0.0324%8h4.3532+0.191%$2.9M$5.6M50xas long as short
SoDEX NEAR-USD+0.0392%1h4.3515+0.152%$8K$49K10xas long as short
Backpack NEAR_USDC_PERP+0.0517%1h4.3550+0.232%$1.4M$6.7M20xas long as short
01 Exchange NEARUSD+0.0520%1h4.3505+0.129%$13K$7K10xas long as short
Nado NEAR-PERP+0.0593%1h4.3450+0.003%$1.8M$3.1M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3500+0.117%$213K$1.6M10xas long as short
Hyperliquid NEAR+0.0632%1h4.3499+0.115%$356.7M$317.5M10xas long as short
Extended NEAR-USD+0.0688%1h4.3508+0.135%$3.8M$19.9M25xas long as short
Kraken Futures PF_NEARUSD+0.0708%1h4.3528+0.183%$7.6M$39.4M50xas long as short
Lighter RH NEAR+0.0848%1h4.3592+0.329%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3371−0.180%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1112%1h4.3586+0.316%$17.6M$24.9M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1129%1h4.3563+0.262%$1.9M$8.9M25xas long as short
RISEx NEAR/USDC+0.1162%1h4.3494+0.102%$659K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1546%1h4.3395−0.125%$5K$13K10xas long as short