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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRnext payment $0.06 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Paradex−0.537%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.537% cheaper against Paradex than usual: you would sell low and buy high, −$54 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex NEAR-USD-PERP4.47000.0106pay 0.0106% / 8h1h 39m$32K$58510x
ShortPhemex NEARUSDT4.44600.0100get 0.0100% / 8h1h 39m$3.6M$8.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
−$1.36
Price spread: −0.537% → 0.000%
−$53.67
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$71.03
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Phemex: live order book, 4 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 Phemex live order book, 4 min ago6.68 bp21.1 bp −$2152.9 bp −$529doesn't fitdoesn'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%1h4.4558−0.317%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4644−0.125%$110K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4563−0.306%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.360%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4640−0.134%$111K$494K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4446−0.568%$225.4M$435.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4430−0.604%$62.9M$299.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5008+0.689%$256K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4453−0.552%$35.3M$60.6M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4490−0.470%$52.7M$46.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4484−0.483%$73.8M$128.1M75xas long as short
Variational Omni NEAR+0.0100%8h4.4927+0.508%$9.1M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4779+0.177%$262K$967K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4740+0.090%$168K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4607−0.208%$294K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4486−0.479%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4520−0.402%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4560−0.313%$464K$4.0M75xas long as short
Phemex NEARUSDTshort+0.0100%8h4.4460−0.537%$3.6M$8.3M50x
Paradex NEAR-USD-PERPlong+0.0106%8h4.4700long leg$32K$58510x
GRVT NEAR_USDT_Perp+0.0124%8h4.4854+0.344%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4528−0.386%$207K$40K3xas long as short
SoDEX NEAR-USD+0.0175%1h4.4447−0.566%$5K$53K10xas long as short
BingX NEAR-USDC+0.0185%8h4.4470−0.514%$6.7Mas long as short
MEXC NEAR_USDT+0.0189%8h4.4510−0.425%$83.5M$146.3M200xas long as short
Binance NEARUSDT+0.0190%8h4.4481−0.489%$270.8M$1.09B75xas long as short
Kalshi KXNEARPERP+0.0292%8h4.4525−0.391%$1.1M$25.1M2.2xas long as short
Extended NEAR-USD+0.0296%1h4.4464−0.527%$3.7M$18.8M25xas long as short
BloFin NEAR-USDT+0.0310%8h4.4790+0.202%$13.6M$33.0M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0335% / S −0.0229%1h4.4554−0.327%$256K100xas long as short
Aster NEARUSDT+0.0336%8h4.4480−0.492%$2.8M$5.0M50xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4520−0.402%$2.3M$16.5M50xas long as short
01 Exchange NEARUSD+0.0472%1h4.4667−0.074%$13K$7K10xas long as short
Hyperliquid NEAR+0.0541%1h4.4531−0.378%$366.4M$311.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0548%1h4.4495−0.458%$1.4M$6.7M20xas long as short
Nado NEAR-PERP+0.0580%1h4.4594−0.236%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0657%1h4.4424−0.618%$7.4M$38.5M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4690−0.022%$227K$1.6M10xas long as short
Lighter NEAR+0.0960%1h4.4519−0.405%$17.4M$24.8M15xas long as short
Lighter RH NEAR+0.0984%1h4.4545−0.347%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.5134+0.971%$1.9M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4718+0.040%$412K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1259%1h4.4754+0.120%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4674−0.059%$670K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1347%1h4.4521−0.400%$1.9M$12.4M25xas long as short