Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0058%/8h= +6.3% APRpaid last 24h +0.005%

Price spread now: Aster against ApeX Omni+0.871%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs+$37as in the Price arb table

costs, in and out, $10k−$520.521% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 4 days (all we have)−0.903%−$90 · spread now +0.871%, 7d avg −0.019%

Together, before fees−0.888%+ Points / potential airdropAster: Stage 5 · farm board−$89 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.890% dearer against ApeX Omni than usual: you sell high and buy low: +$89 more if the spread goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni NEARUSDT	4.3860	0.0100	pay 0.0013% / 1h	24m 54s	$182K	$767K	50x
Short	Aster NEARUSDT	4.4242	0.0158	get 0.0158% / 8h	6h 24m	$3.1M	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.871%Rate

Funding earned: $12.15
Price spread: +0.871% → −0.019%: $89.01
Slippage, 4 orders: −$34.07
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $49.09
Costs to cover: 0.521%
Break-even: from the start

Slippage from ApeX Omni: live order book, 44 min ago; Aster: live order book, 4 min ago.

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 ApeX Omni live order book, 44 min ago	5.79 bp	14.1 bp −$14	99.5 bp −$995	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	3.40 bp	10.8 bp −$11	19.3 bp −$193	doesn't fit	doesn't fit

NEAR on 44 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	4.4130	+0.615%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.4139	+0.636%	$2.3M	$14.2M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4033	+0.393%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4126	+0.606%	$622K	$19.4M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.4169	+0.704%	$200K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.586%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0072%	8h	4.3998	+0.314%	$8.6M	$18.6M	—	as long as short
Phemex NEARUSDT	+0.0076%	8h	4.4170	+0.707%	$3.9M	$8.2M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4190	+0.752%	$113K	$482K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4082	+0.506%	$416K	$1.2M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.4260	+0.912%	$267.1M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4209	+0.796%	$224.5M	$418.7M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4240	+0.866%	$62.7M	$289.0M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.4180	+0.730%	$209K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4050	+0.433%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4173	+0.714%	$31.9M	$61.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4260	+0.912%	$76.6M	$140.0M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4230	+0.844%	$56.5M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4229	+0.841%	$73.4M	$124.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4250	+0.889%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4063	+0.463%	$272K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4048	+0.428%	$1.5M	$1.3M	10x	as long as short
ApeX Omni NEARUSDTlong	+0.0100%	1h	4.3860	long leg	$182K	$767K	50x
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4189	+0.750%	$218K	$3.5M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4180	+0.730%	$61K	$189K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4240	+0.866%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4175	+0.718%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4270	+0.935%	$459K	$3.9M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4110	+0.569%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4228	+0.839%	$3.8M	$18.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4190	+0.752%	$206K	$34K	3x	as long as short
Aster NEARUSDTshort	+0.0158%	8h	4.4242	+0.871%	$3.1M	$5.7M	50x
Kraken Futures PF_NEARUSD	+0.0214%	1h	4.4220	+0.821%	$8.1M	$40.4M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0356% / S −0.0267%	1h	4.4167	+0.701%	$259K	—	100x	as long as short
Nado NEAR-PERP	+0.0397%	1h	4.4161	+0.685%	$1.9M	$3.1M	10x	as long as short
01 Exchange NEARUSD	+0.0408%	1h	4.4221	+0.823%	$13K	$7K	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.4217	+0.814%	$561K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.4147	+0.654%	$1.8M	$2.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0633%	1h	4.4227	+0.837%	$1.9M	$4.2M	25x	as long as short
Lighter RH NEAR	+0.0832%	1h	4.4251	+0.891%	$1.6M	$7.0M	10x	as long as short
Hyperliquid NEAR	+0.0869%	1h	4.4252	+0.893%	$374.4M	$308.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0923%	1h	4.4244	+0.876%	$1.4M	$6.0M	20x	as long as short
Aftermath Perps NEARUSD	+0.1488%	1h	4.3970	+0.251%	$6K	$12K	10x	as long as short
Lighter NEAR	+0.1656%	1h	4.4291	+0.982%	$17.8M	$25.1M	15x	as long as short