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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.005%
Price spread now: ApeX Omni against Aster−0.499%79s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$520.521% of the position
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)+0.531%+$53 · spread now −0.499%, 7d avg +0.019%
Together, before fees+0.515%+ Points / potential airdropAster: Stage 5 · farm board+$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.518% cheaper against Aster than usual: you would sell low and buy high (−$52 if the spread goes back to its 7-day average of +0.019%). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NEARUSDT4.40800.0162pay 0.0162% / 8h6h 24m$3.1M$5.7M50x
ShortApeX Omni NEARUSDT4.38600.0100get 0.0013% / 1h24m 10s$182K$767K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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
−$13.02
Price spread: −0.499% → +0.019%
−$51.8
Slippage, 4 orders
−$34.07
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$116.9
Costs to cover
0.521%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; ApeX Omni: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago3.40 bp10.8 bp −$1122.9 bp −$229doesn't fitdoesn't fit
Sell ApeX Omni live order book, 45 min ago5.79 bp16.3 bp −$1690.0 bp −$900doesn't fitdoesn't fit

NEAR on 44 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%1h4.3963−0.265%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.4009−0.161%$2.2M$14.3M50xas long as short
dYdX NEAR-USD0.0000%1h4.4207+0.288%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4197+0.265%$651K$19.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.4000−0.181%$195K150xas long as short
Phemex NEARUSDT+0.0028%8h4.4020−0.136%$3.9M$8.2M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.057%$578$302K12xas long as short
Variational Omni NEAR+0.0072%8h4.3998−0.187%$8.6M$18.6Mas long as short
Popdex NEARUSDT+0.0096%1h4.4060−0.045%$113K$482K50xas long as short
Pacifica NEAR+0.0100%1h4.4222+0.323%$418K$1.2M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.4042−0.086%$265.8M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4020−0.136%$223.8M$419.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4040−0.091%$62.7M$287.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.4120+0.091%$209K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.4050−0.068%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4009−0.161%$31.8M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4050−0.068%$76.3M$140.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4060−0.045%$56.3M$42.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4063−0.039%$73.0M$124.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4020−0.136%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4063−0.038%$272K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4048−0.073%$1.5M$1.3M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.3860−0.499%$182K$767K50x
Polymarket Perps NEAR-USD+0.0100%1h4.4004−0.172%$218K$3.5M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4031−0.111%$61K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4090+0.023%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4025−0.125%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.40800.000%$452K$3.9M75xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4044−0.082%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.4004−0.173%$3.8M$18.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4070−0.023%$205K$34K3xas long as short
Aster NEARUSDTlong+0.0162%8h4.4080long leg$3.1M$5.7M50x
Deribit NEAR_USDC-PERPETUAL+0.0204%1h4.4044−0.082%$1.9M$4.2M25xas long as short
Kraken Futures PF_NEARUSD+0.0215%1h4.4042−0.085%$8.1M$40.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0358% / S −0.0271%1h4.3997−0.188%$261K100xas long as short
Nado NEAR-PERP+0.0403%1h4.3983−0.221%$1.9M$3.1M10xas long as short
01 Exchange NEARUSD+0.0408%1h4.4112+0.073%$13K$7K10xas long as short
RISEx NEAR/USDC+0.0509%1h4.4097+0.039%$558K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.4147+0.152%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0824%1h4.4106+0.059%$1.6M$7.0M10xas long as short
Hyperliquid NEAR+0.0871%1h4.4054−0.059%$372.8M$305.9M10xas long as short
Backpack NEAR_USDC_PERP+0.0923%1h4.4244+0.372%$1.4M$6.0M20xas long as short
Aftermath Perps NEARUSD+0.1510%1h4.4027−0.121%$6K$12K10xas long as short
Lighter NEAR+0.1672%1h4.4151+0.161%$17.6M$25.3M15xas long as short