All NEAR pairs

NEAR funding carry: Gate.io vs Paradex

Entering and exiting this pair costs 19 bps of notional at taker fees (-2 bps at maker). Funding has to pay that back before the trade is worth anything — here is how long that takes.

Right now

This pair is not in the ranking right now: at current funding it does not clear the round-trip cost above. That is the normal state — a pair is worth trading only in the windows where funding pays more than the entry.

Last 30 days

This pair has never cleared its round-trip cost while we were watching. A carry that never pays for the entry is not a trade, however good the gross APR looks.

Measured on 421 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
Gate.io 7.5 -1 NEAR_USDT
Paradex 2 0 NEAR-USD-PERP

Other NEAR pairs

How long funding takes to repay the entry

At a given gross funding APR, this is how many hours you must hold before the position has paid back entry and exit. Below that, a positive APR is still a loss.

Gross funding APR Taker in / out Maker in / out
5% 333h (13d) -35h
10% 166h (6d) -18h
20% 83h (3d) -9h
50% 33h -4h