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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0600%/8h= −65.7% APRpaid last 24h −0.084%
Price spread now: Paradex against Kraken Futures−0.246%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 −$18 a day on $10k at the current rate, and Paradex is 0.246% cheaper against Kraken Futures than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NEARUSD4.39670.0701pay 0.0088% / 1h50m 45s$8.2M$41.0M50x
ShortParadex NEAR-USD-PERP4.38580.0101get 0.0101% / 8h5h 50m$32K$60810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Kraken Futures. 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
−$125.93
Price spread: −0.246% → 0.000%
−$24.63
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$164.56
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago6.97 bp13.8 bp −$1420.4 bp −$20439.8 bp −$3,9816151.5 bp −$3.08M
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 44 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%1h4.3913−0.123%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.3907−0.136%$2.2M$14.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.3816−0.342%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3889−0.177%$550K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3918−0.109%$199K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.815%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3920−0.106%$115K$483K50xas long as short
Pacifica NEAR+0.0100%1h4.3876−0.207%$414K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3872−0.214%$266.3M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3834−0.302%$221.6M$416.7M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3790−0.402%$62.5M$289.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3657−0.704%$249K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3829−0.313%$31.5M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3830−0.311%$75.5M$139.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3840−0.288%$54.7M$43.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3814−0.347%$71.9M$126.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3800−0.379%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3926−0.091%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3800−0.378%$268K$994K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3770−0.447%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3790−0.402%$195K$778K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3957−0.022%$206K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3955−0.026%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3980+0.030%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3935−0.072%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4060+0.212%$460K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3940−0.061%$3.9M$8.1M50xas long as short
Paradex NEAR-USD-PERPshort+0.0101%8h4.3858−0.246%$32K$60810x
Extended NEAR-USD+0.0104%1h4.3789−0.404%$3.8M$18.5M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3942−0.056%$205K$34K3xas long as short
Aster NEARUSDT+0.0202%8h4.3897−0.159%$3.0M$5.5M50xas long as short
Nado NEAR-PERP+0.0342%1h4.3898−0.157%$1.9M$3.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0349% / S −0.0244%1h4.3918−0.110%$257K100xas long as short
01 Exchange NEARUSD+0.0408%1h4.3943−0.054%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.3850−0.265%$209K$1.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0478%1h4.3974+0.017%$1.9M$4.3M25xas long as short
Backpack NEAR_USDC_PERP+0.0695%1h4.3922−0.101%$1.4M$6.4M20xas long as short
Kraken Futures PF_NEARUSDlong+0.0701%1h4.3967long leg$8.2M$41.0M50x
Lighter RH NEAR+0.0776%1h4.3904−0.142%$1.6M$6.9M10xas long as short
Hyperliquid NEAR+0.0811%1h4.3948−0.042%$370.3M$304.3M10xas long as short
Phoenix NEAR+0.0855%1h4.3944−0.051%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.3824−0.326%$552K$1.3M10xas long as short
Lighter NEAR+0.1080%1h4.3949−0.039%$17.6M$25.6M15xas long as short
Aftermath Perps NEARUSD+0.1671%1h4.3812−0.353%$6K$12K10xas long as short