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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0233%/8h= −25.5% APRpaid last 24h −0.079%
Price spread now: Paradex against GMX−0.296%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 −$7 a day on $10k at the current rate, and Paradex is 0.296% cheaper against GMX than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX NEAR/USD [ETH-USDC]4.4856L +0.0341% / S −0.0235%pay 0.0043% / 1h53m 53s$258K100x
ShortParadex NEAR-USD-PERP4.47230.0108get 0.0108% / 8h6h 53m$32K$41310x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against GMX. 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
−$48.89
Price spread: −0.296% → 0.000%
−$29.61
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$94.5
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample
Sell Paradex no order-book sample
GMX and 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%1h4.4656−0.445%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0142%1h4.4608−0.551%$7.3M$38.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.4682−0.387%$109K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5437+1.296%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.682%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4740−0.258%$119K$517K50xas long as short
Hyperliquid NEAR+0.0100%1h4.4689−0.371%$361.4M$322.7M10xas long as short
Aster NEARUSDT+0.0100%8h4.4702−0.343%$2.6M$4.8M50xas long as short
Binance NEARUSDT+0.0100%8h4.4685−0.381%$271.5M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4599−0.572%$231.0M$436.5M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4580−0.614%$63.6M$306.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.4800−0.124%$231K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5308+1.008%$261K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4689−0.371%$38.4M$61.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4710−0.325%$80.3M$163.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4730−0.280%$53.2M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4524−0.739%$73.4M$128.9M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4610−0.548%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.5146+0.648%$9.4M$17.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.5342+1.084%$268K$881K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5350+1.102%$1.5M$1.6M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4673−0.407%$278K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4644−0.472%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4690−0.369%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4635−0.492%$5K$44K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4650−0.458%$472K$3.8M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4650−0.458%$3.4M$8.0M50xas long as short
Extended NEAR-USD+0.0104%1h4.4677−0.399%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4612−0.543%$207K$38K3xas long as short
Paradex NEAR-USD-PERPshort+0.0108%8h4.4723−0.296%$32K$41310x
Kalshi KXNEARPERP+0.0122%8h4.4711−0.322%$763K$25.6M2.2xas long as short
01 Exchange NEARUSD+0.0160%1h4.4742−0.253%$13K$5K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4900+0.099%$12.8M$33.0M75xas long as short
Lighter NEAR+0.0288%1h4.4692−0.365%$17.5M$23.4M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0311%1h4.4626−0.512%$1.9M$13.1M25xas long as short
GMX NEAR/USD [ETH-USDC]longL +0.0341% / S −0.0235%1h4.4856long leg$258K100x
Lighter RH NEAR+0.0376%1h4.4699−0.349%$1.5M$6.0M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0520%1h4.4731−0.278%$2.3M$17.8M50xas long as short
RISEx NEAR/USDC+0.0569%1h4.4749−0.237%$635K$1.6M10xas long as short
Nado NEAR-PERP+0.0625%1h4.4675−0.403%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0654%1h4.4712−0.320%$1.1M$7.2M20xas long as short
Phoenix NEAR+0.0740%1h4.5188+0.741%$1.7M$2.5M10xas long as short
Pacifica NEAR+0.0883%1h4.4726−0.289%$422K$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0995%1h4.5320+1.035%$169K$827K50xas long as short
Aftermath Perps NEARUSD+0.1257%1h4.5143+0.640%$6K$7K10xas long as short