Funding you earn now, next payment 01:00 UTC−0.0492%/8h= −53.9% APRpaid last 24h −0.153%
Price spread now: Paradex against Phoenix+0.071%46s7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Paradex is 0.071% dearer against Phoenix than usual: you sell high and buy low (spread +0.071% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 12 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NEAR | 4.3434 | 0.0592 | pay 0.0074% / 1h | 36m 41s | $1.8M | $2.6M | 10x |
| Short | Paradex NEAR-USD-PERP | 4.3465 | 0.0100 | get 0.0100% / 8h | 6h 36m | $31K | $608 | 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
- −$103.28
- Price spread: +0.071% → 0.000%
- $7.14
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$107.15
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Phoenix: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 2 min ago | 0.92 bp | 12.4 bp −$12 | 51.4 bp −$514 | 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 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3381 | −0.122% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3375 | −0.136% | $2.2M | $13.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3444 | +0.022% | $108K | $69K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3314 | −0.276% | $526K | $19.6M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3399 | −0.079% | $201K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.660% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0043% | 8h | 4.3108 | −0.750% | $8.2M | $19.1M | — | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3540 | +0.244% | $116K | $478K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.3393 | −0.094% | $58K | $161K | 20x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3485 | +0.117% | $411K | $1.2M | 10x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Variational Omni NEAR
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Pacifica NEARShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.3502 | +0.158% | $259.9M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3474 | +0.092% | $221.0M | $419.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3490 | +0.129% | $61.4M | $281.6M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3560 | +0.290% | $206K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3449 | +0.035% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3483 | +0.113% | $31.2M | $60.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3500 | +0.152% | $75.7M | $138.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3500 | +0.152% | $55.9M | $42.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3485 | +0.117% | $72.1M | $123.6M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3500 | +0.152% | — | $142.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3236 | −0.455% | $260K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3339 | −0.218% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3230 | −0.470% | $179K | $775K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3434 | 0.000% | $214K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3480 | +0.106% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3395 | −0.090% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3490 | +0.129% | $443K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3400 | −0.078% | $3.8M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERPshort | +0.0100% | 8h | 4.3465 | +0.071% | $31K | $608 | 10x | |
| Extended NEAR-USD | +0.0104% | 1h | 4.3474 | +0.092% | $3.8M | $17.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3384 | −0.115% | $202K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0114% | 8h | 4.3471 | +0.085% | $3.0M | $5.8M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0218% | 1h | 4.3416 | −0.040% | $7.6M | $40.2M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3220 | −0.493% | $13.2M | $27.6M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0360% / S −0.0278% | 1h | 4.3392 | −0.098% | $260K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0368% | 1h | 4.3566 | +0.304% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0442% | 1h | 4.3430 | −0.009% | $1.9M | $3.1M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3579 | +0.334% | $545K | $1.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0580% | 1h | 4.3420 | −0.032% | $1.9M | $4.1M | 25x | as long as short |
| Phoenix NEARlong | +0.0592% | 1h | 4.3434 | long leg | $1.8M | $2.6M | 10x | |
| Lighter RH NEAR | +0.0672% | 1h | 4.3526 | +0.212% | $1.6M | $6.9M | 10x | as long as short |
| Hyperliquid NEAR | +0.0746% | 1h | 4.3508 | +0.170% | $365.3M | $303.4M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0794% | 1h | 4.3446 | +0.028% | $1.4M | $6.0M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.1439% | 1h | 4.3261 | −0.397% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1440% | 1h | 4.3561 | +0.293% | $17.4M | $24.7M | 15x | as long as short |
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Nado NEAR-PERP
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD
Lighter NEAR