Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%

Price spread now: BingX against Aster−0.055%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

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

costs, in and out, $10k−$370.372% of the position

Long on Aster Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 7 days−0.046%−$5 · spread now −0.055%, 7d avg −0.052%

Together, before fees−0.150%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NEARUSDT	4.1483	0.0100	pay 0.0100% / 8h	2h 35m	$2.9M	$5.9M	50x
Short	BingX NEAR-USDT	4.1460	0.0100	get 0.0100% / 8h	2h 35m	—	$136.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee AsterbpFee BingXbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → −0.052%: −$0.29
Slippage, 4 orders: −$19.2
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$37.5
Costs to cover: 0.372%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; BingX: live order book, 8 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 Aster live order book, 3 min ago	6.05 bp	10.0 bp −$10	29.3 bp −$293	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	1.22 bp	6.2 bp −$6	8.2 bp −$82	15.2 bp −$1,518	36.4 bp −$18.2K

NEAR on 45 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	4.1359	−0.299%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0024%	1h	4.1338	−0.349%	$2.1M	$12.7M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.1478	−0.010%	$104K	$54K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.1361	−0.293%	$411K	$19.1M	2.2x	as long as short
Deribit NEAR_USDC-PERPETUAL	0.0000%	1h	4.1372	−0.267%	$1.8M	$2.1M	25x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1361	−0.293%	$205K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.0730	−1.814%	$569	$239K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.1360	−0.296%	$107K	$489K	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1470	−0.031%	$30K	$647	10x	as long as short
Aster NEARUSDTlong	+0.0100%	8h	4.1483	long leg	$2.9M	$5.9M	50x

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.1488	+0.013%	$367K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.1454	−0.070%	$236.1M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.1460	−0.055%	$211.5M	$428.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1460	−0.055%	$56.6M	$277.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1240	−0.586%	$235K	$6K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.1427	−0.134%	$29.6M	$58.0M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.1470	−0.030%	$80.4M	$142.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.1510	+0.066%	$56.3M	$45.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1476	−0.016%	$69.1M	$127.7M	75x	as long as short
BingX NEAR-USDTshort	+0.0100%	8h	4.1460	−0.055%	—	$136.6M	—
Variational Omni NEAR	+0.0100%	8h	4.1205	−0.669%	$7.5M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1283	−0.482%	$235K	$1.3M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1160	−0.777%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1200	−0.681%	$182K	$790K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1382	−0.243%	$205K	$3.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.1355	−0.308%	$53K	$159K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.1400	−0.199%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.1355	−0.308%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1380	−0.247%	$3.8M	$8.4M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1410	−0.174%	$3.6M	$14.6M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.1345	−0.332%	$200K	$65K	3x	as long as short
Arcus NEAR-USD	+0.0118%	1h	4.1500	+0.042%	$308K	$1.6M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0150%	1h	4.1376	−0.257%	$7.1M	$36.7M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.1410	−0.175%	$12.2M	$33.6M	75x	as long as short
01 Exchange NEARUSD	+0.0264%	1h	4.1384	−0.238%	$12K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0339%	1h	4.1335	−0.356%	$1.8M	$3.6M	10x	as long as short
Lighter RH NEAR	+0.0344%	1h	4.1537	+0.131%	$1.4M	$7.2M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0373% / S −0.0317%	1h	4.1367	−0.278%	$273K	—	100x	as long as short
RISEx NEAR/USDC	+0.0569%	1h	4.1384	−0.238%	$416K	$1.2M	10x	as long as short
Phoenix NEAR	+0.0582%	1h	4.1355	−0.308%	$1.7M	$2.8M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0807%	1h	4.1442	−0.098%	$1.4M	$5.7M	20x	as long as short
Lighter NEAR	+0.0888%	1h	4.1567	+0.204%	$15.4M	$22.6M	15x	as long as short
Aftermath Perps NEARUSD	+0.1025%	1h	4.1292	−0.460%	$5K	$11K	10x	as long as short
Hyperliquid NEAR	+0.1090%	1h	4.1549	+0.160%	$349.9M	$300.8M	10x	as long as short
HTX NEAR-USDT	+0.1128%	8h	4.1490	+0.018%	$449K	$3.8M	75x	as long as short