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−0.0051%/8h= −5.6% APRnext payment $0.51 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against MEXC+0.034%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Paradex is 0.034% dearer against MEXC than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEAR_USDT4.36300.0152pay 0.0152% / 8h6m 44s$89.6M$154.4M200x
ShortParadex NEAR-USD-PERP4.36450.0101get 0.0101% / 8h6m 44s$32K$58510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against MEXC. 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
−$10.76
Price spread: +0.034% → 0.000%
$3.4
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$11.36
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: MEXC: 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 MEXC live order book, 2 min ago1.14 bp1.1 bp −$14.9 bp −$4935.3 bp −$3,53478.8 bp −$39.4K
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%1h4.3702+0.166%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3619−0.025%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3672+0.097%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3651+0.048%$7.2M$38.6M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.088%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3810+0.413%$114K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3628−0.005%$220.6M$428.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3570−0.138%$61.6M$295.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3750+0.275%$249K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3686+0.128%$35.9M$63.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.36300.000%$52.9M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3686+0.128%$72.2M$127.9M75xas long as short
Variational Omni NEAR+0.0100%8h4.3490−0.322%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3477−0.351%$252K$894K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3514−0.266%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3440−0.435%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3815+0.424%$277K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3681+0.117%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3710+0.183%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3655+0.057%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3670+0.092%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERPshort+0.0101%8h4.3645+0.034%$32K$58510x
Extended NEAR-USD+0.0104%1h4.3672+0.097%$3.6M$16.5M25xas long as short
Aster NEARUSDT+0.0116%8h4.3640+0.023%$2.7M$4.8M50xas long as short
Aevo NEAR-PERP+0.0120%1h4.3670+0.092%$203K$38K3xas long as short
Hyperliquid NEAR+0.0141%1h4.3731+0.231%$352.7M$315.7M10xas long as short
Binance NEARUSDT+0.0150%8h4.3635+0.012%$263.6M$1.09B75xas long as short
MEXC NEAR_USDTlong+0.0152%8h4.3630long leg$89.6M$154.4M200x
HTX NEAR-USDT+0.0155%8h4.3750+0.275%$466K$3.8M75xas long as short
BingX NEAR-USDT+0.0162%8h4.3690+0.138%$144.3Mas long as short
Kalshi KXNEARPERP+0.0171%8h4.3667+0.085%$959K$25.1M2.2xas long as short
01 Exchange NEARUSD+0.0232%1h4.3846+0.495%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0272%8h4.3690+0.138%$13.4M$32.2M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0342% / S −0.0240%1h4.3643+0.029%$255K100xas long as short
Nado NEAR-PERP+0.0362%1h4.3761+0.301%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0469%1h4.3716+0.197%$1.1M$7.2M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3761+0.300%$2.3M$17.0M50xas long as short
Lighter RH NEAR+0.0496%1h4.3684+0.124%$1.5M$6.8M10xas long as short
Lighter NEAR+0.0536%1h4.3687+0.131%$17.2M$25.4M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0598%1h4.3691+0.140%$1.9M$13.1M25xas long as short
Arcus NEAR-USD+0.0638%1h4.3820+0.435%$229K$1.5M10xas long as short
Pacifica NEAR+0.0949%1h4.3653+0.054%$411K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3865+0.539%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3815+0.425%$607K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1107%1h4.3672+0.097%$5K$7K10xas long as short