Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Paradex−0.734%50s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on ApeX Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.734% cheaper against Paradex than usual: you would sell low and buy high, −$73 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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	Paradex NEAR-USD-PERP	4.3116	0.0099	pay 0.0099% / 8h	7h 21m	$31K	$608	10x
Short	ApeX Omni NEARUSDT	4.2800	0.0100	get 0.0013% / 1h	21m 58s	$179K	$782K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Paradex. 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

Position, each leg$Hold fordaysFee ParadexbpFee ApeX OmnibpOrdersPrice spread, now −0.734%Rate

Funding earned: $0.13
Price spread: −0.734% → 0.000%: −$73.39
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$87.26
Costs to cover: 0.140%
Break-even: 4645.2 days

Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 52 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 52 min ago	7.03 bp	17.5 bp −$18	94.7 bp −$947	doesn't fit	doesn't fit

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	4.3180	+0.148%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0130%	1h	4.3176	+0.139%	$7.3M	$37.3M	50x	as long as short
Phemex NEARUSDT	−0.0119%	8h	4.3140	+0.055%	$3.8M	$8.5M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3167	+0.117%	$2.3M	$13.1M	50x	as long as short
01 Exchange NEARUSD	−0.0008%	1h	4.3183	+0.154%	$13K	$7K	10x	as long as short
Variational Omni NEAR	−0.0004%	8h	4.2668	−1.040%	$7.9M	$18.8M	—	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3140	+0.054%	$112K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3139	+0.052%	$378K	$19.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3201	+0.196%	$205K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.958%	$578	$302K	12x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NEARUSDT	+0.0095%	8h	4.3070	−0.108%	$218.7M	$417.5M	75x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3190	+0.171%	$115K	$484K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3191	+0.173%	$57K	$191K	20x	as long as short
Paradex NEAR-USD-PERPlong	+0.0099%	8h	4.3116	long leg	$31K	$608	10x
Aster NEARUSDT	+0.0100%	8h	4.3195	+0.181%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3158	+0.097%	$399K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3102	−0.033%	$256.9M	$1.06B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3040	−0.177%	$60.9M	$281.1M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3180	+0.147%	$198K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2789	−0.759%	$244K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3083	−0.078%	$31.0M	$60.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3090	−0.061%	$77.2M	$141.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3180	+0.147%	$56.3M	$43.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3033	−0.193%	$71.3M	$124.7M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3090	−0.061%	—	$141.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3008	−0.251%	$256K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3032	−0.195%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDTshort	+0.0100%	1h	4.2800	−0.734%	$179K	$782K	50x
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3206	+0.208%	$193K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3260	+0.333%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3177	+0.140%	$5K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3260	+0.333%	$458K	$3.7M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3114	−0.005%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3197	+0.187%	$201K	$28K	3x	as long as short
Hyperliquid NEAR	+0.0197%	1h	4.3261	+0.335%	$364.4M	$301.8M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3130	+0.031%	$12.9M	$28.2M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0375% / S −0.0307%	1h	4.3200	+0.194%	$275K	—	100x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0398%	1h	4.3221	+0.243%	$1.9M	$3.6M	25x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3216	+0.231%	$409K	$1.2M	10x	as long as short
Lighter RH NEAR	+0.0432%	1h	4.3217	+0.233%	$1.6M	$7.0M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0462%	1h	4.3226	+0.254%	$1.3M	$5.9M	20x	as long as short
Nado NEAR-PERP	+0.0464%	1h	4.3153	+0.085%	$1.9M	$3.2M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3141	+0.057%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1366%	1h	4.2946	−0.395%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1928%	1h	4.3286	+0.393%	$17.3M	$24.6M	15x	as long as short