Funding you earn now, next payment 07:00 UTC+0.0511%/8h= +55.9% APRpaid last 24h +0.213%
Price spread now: Backpack against Paradex+0.336%7-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
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Backpack is 0.336% dearer against Paradex than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex NEAR-USD-PERP | 4.4682 | 0.0107 | pay 0.0107% / 8h | 1h 47m | $32K | $585 | 10x |
| Short | Backpack NEAR_USDC_PERP | 4.4832 | 0.0617 | get 0.0077% / 1h | 47m 31s | $1.3M | $6.5M | 20x |
Paradex NEAR-USD-PERP
Backpack NEAR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Paradex. 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
- $107.25
- Price spread: +0.336% → 0.000%
- $33.65
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $126.9
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Backpack: live order book, 2 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 Backpack live order book, 2 min ago | 2.00 bp | 7.0 bp −$7 | 185.4 bp −$1,854 | 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 | 4.4806 | +0.279% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4641 | −0.091% | $110K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4789 | +0.241% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.322% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4670 | −0.026% | $110K | $495K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4685 | +0.008% | $229.7M | $428.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4660 | −0.048% | $62.9M | $298.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4366 | −0.706% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4645 | −0.082% | $34.8M | $60.0M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4810 | +0.287% | $53.5M | $45.9M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4652 | −0.066% | $74.0M | $126.4M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4568 | −0.255% | $8.9M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4914 | +0.520% | $262K | $966K | 20x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4869 | +0.419% | $280K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4834 | +0.341% | $58K | $233K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4880 | +0.444% | $1K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4900 | +0.489% | $469K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4810 | +0.287% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERPlong | +0.0107% | 8h | 4.4682 | long leg | $32K | $585 | 10x | |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.4855 | +0.388% | $209K | $40K | 3x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0122% | 8h | 4.4641 | −0.090% | $1.5M | $1.5M | 10x | as long as short |
| BingX NEAR-USDT | +0.0176% | 8h | 4.4670 | −0.026% | — | $143.8M | — | as long as short |
| MEXC NEAR_USDT | +0.0181% | 8h | 4.4680 | −0.004% | $85.9M | $145.0M | 200x | as long as short |
| Binance NEARUSDT | +0.0181% | 8h | 4.4670 | −0.026% | $271.2M | $1.09B | 75x | as long as short |
| ApeX Omni NEARUSDT | +0.0253% | 1h | 4.4940 | +0.578% | $169K | $805K | 50x | as long as short |
| SoDEX NEAR-USD | +0.0279% | 1h | 4.4825 | +0.321% | $5K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0296% | 8h | 4.4950 | +0.601% | $13.7M | $33.2M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0303% | 8h | 4.4855 | +0.388% | $1.1M | $24.9M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0316% / S −0.0201% | 1h | 4.4797 | +0.259% | $240K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0343% | 8h | 4.4709 | +0.060% | $2.9M | $5.0M | 50x | as long as short |
| Extended NEAR-USD | +0.0368% | 1h | 4.4663 | −0.042% | $3.7M | $18.9M | 25x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.5100 | +0.936% | $2.3M | $16.6M | 50x | as long as short |
| Nado NEAR-PERP | +0.0496% | 1h | 4.4815 | +0.298% | $1.8M | $3.2M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0544% | 1h | 4.4684 | +0.005% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERPshort | +0.0617% | 1h | 4.4832 | +0.336% | $1.3M | $6.5M | 20x | |
| Kraken Futures PF_NEARUSD | +0.0651% | 1h | 4.4808 | +0.282% | $7.4M | $38.3M | 50x | as long as short |
| Hyperliquid NEAR | +0.0688% | 1h | 4.4837 | +0.348% | $369.0M | $308.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0866% | 1h | 4.4855 | +0.388% | $2.0M | $12.3M | 25x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4890 | +0.466% | $228K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0976% | 1h | 4.4760 | +0.175% | $17.6M | $24.7M | 15x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.5001 | +0.715% | $1.9M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1040% | 1h | 4.4702 | +0.046% | $1.5M | $6.6M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4712 | +0.069% | $412K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1197% | 1h | 4.4609 | −0.162% | $6K | $12K | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4667 | −0.033% | $678K | $1.4M | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Aevo NEAR-PERP
GRVT NEAR_USDT_Perp
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
ApeX Omni NEARUSDT
SoDEX NEAR-USD
BloFin NEAR-USDT
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Extended NEAR-USD
Coinbase International NEAR-PERP-INTX
Nado NEAR-PERP
01 Exchange NEARUSD
Kraken Futures PF_NEARUSD
Hyperliquid NEAR
Deribit NEAR_USDC-PERPETUAL
Arcus NEAR-USD
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
Pacifica NEAR
Aftermath Perps NEARUSD
RISEx NEAR/USDC