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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0460%/8h= +50.3% APRpaid last 24h +0.006%
Price spread now: Extended against Paradex+0.021%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 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Extended is 0.021% dearer against Paradex than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex NEAR-USD-PERP4.31550.0100pay 0.0100% / 8h3h 06m$31K$60810x
ShortExtended NEAR-USD4.31640.0560get 0.0070% / 1h6m 52s$3.8M$19.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$96.56
Price spread: +0.021% → 0.000%
$2.1
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$89.66
Costs to cover
0.090%
Break-even
0.5 days
Slippage unknown: Paradex: no order-book sample; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Extended live order book, 2 min ago0.46 bp4.7 bp −$511.3 bp −$1131089.0 bp −$108.9Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3172+0.041%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3157+0.006%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3150−0.011%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.043%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3234+0.184%$2.3M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3200+0.105%$110K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.3190+0.082%$263.8M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3145−0.023%$213.5M$425.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3150−0.011%$61.1M$286.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3449+0.682%$248K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3154−0.002%$32.1M$62.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3210+0.128%$74.0M$146.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3200+0.105%$53.6M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3168+0.031%$71.2M$127.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3160+0.012%$144.3Mas long as short
Variational Omni NEAR+0.0100%8h4.3247+0.214%$8.2M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3144−0.025%$252K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3206+0.119%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3130−0.057%$166K$795K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3210+0.128%$270K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3191+0.084%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3280+0.290%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3280+0.290%$467K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3200+0.105%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERPlong+0.0100%8h4.3155long leg$31K$60810x
Aevo NEAR-PERP+0.0104%1h4.3195+0.093%$201K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3210+0.128%$13.5M$31.9M75xas long as short
Pacifica NEAR+0.0263%1h4.3181+0.060%$398K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0264%8h4.3199+0.103%$869K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3152−0.007%$233K100xas long as short
Aster NEARUSDT+0.0335%8h4.3180+0.059%$2.8M$5.5M50xas long as short
SoDEX NEAR-USD+0.0335%1h4.3175+0.047%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3256+0.235%$13K$7K10xas long as short
Nado NEAR-PERP+0.0559%1h4.3158+0.006%$1.8M$3.1M10xas long as short
Extended NEAR-USDshort+0.0560%1h4.3164+0.021%$3.8M$19.8M25x
Backpack NEAR_USDC_PERP+0.0570%1h4.3191+0.084%$1.3M$6.8M20xas long as short
Hyperliquid NEAR+0.0584%1h4.3206+0.120%$353.9M$312.5M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3240+0.198%$212K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0714%1h4.3179+0.056%$7.6M$38.9M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0816%1h4.3198+0.100%$1.9M$9.9M25xas long as short
Lighter RH NEAR+0.0920%1h4.3233+0.181%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3324+0.392%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1072%1h4.3251+0.224%$17.4M$25.1M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3230+0.175%$671K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1581%1h4.3250+0.222%$5K$12K10xas long as short