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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0158%/8h= +17.4% APRnext payment +$1.58 per $10,000 · paid last 24h +0.031%
Price spread now: BloFin against Aster+0.159%102s7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.181%+$18 on $10k
Price spread, last 4 days (all we have)−0.202%−$20 · spread now +0.159%, 7d avg −0.042%
Together, before fees−0.021%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.200% dearer against Aster than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.042%. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NEARUSDT4.37010.0100pay 0.0100% / 8h7h 57m$2.7M$4.8M50x
ShortBloFin NEAR-USDT4.37700.0258get 0.0258% / 8h7h 57m$13.3M$32.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$33.28
Price spread: +0.159% → −0.042%
$20.04
Slippage, 4 orders
−$28.36
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$4.96
Costs to cover
0.484%
Break-even
6.0 days
Slippage from Aster: live order book, 1 min ago; BloFin: live order book, 12 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, 1 min ago3.43 bp9.5 bp −$926.1 bp −$261doesn't fitdoesn't fit
Sell BloFin live order book, 12 min ago3.43 bp16.8 bp −$1720.2 bp −$20238.6 bp −$3,862101.3 bp −$50.7K

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
Kraken Futures PF_NEARUSD−0.0432%1h4.3718+0.040%$7.2M$38.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3629−0.164%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3717+0.038%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3639−0.140%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.242%$578$301K12xas long as short
Gate NEAR_USDT+0.0060%8h4.3706+0.012%$36.1M$61.6M75xas long as short
Popdex NEARUSDT+0.0096%1h4.3690−0.024%$115K$500K50xas long as short
Aster NEARUSDTlong+0.0100%8h4.3701long leg$2.7M$4.8M50x
Bybit NEARUSDT+0.0100%8h4.3681−0.045%$220.4M$430.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3620−0.184%$61.7M$296.2M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.3720+0.044%$229K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3688−0.029%$252K$3K10xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3700−0.001%$52.9M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3627−0.168%$72.2M$127.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.3629−0.164%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3729+0.065%$253K$892K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3710+0.022%$167K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3640−0.139%$272K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3730+0.067%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3720+0.044%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3729+0.065%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3670−0.070%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3706+0.013%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3691−0.022%$3.6M$16.3M25xas long as short
Aevo NEAR-PERP+0.0112%1h4.3725+0.056%$203K$40K3xas long as short
MEXC NEAR_USDT+0.0138%8h4.3650−0.116%$89.1M$152.4M200xas long as short
Binance NEARUSDT+0.0138%8h4.3702+0.004%$264.0M$1.09B75xas long as short
BingX NEAR-USDC+0.0154%8h4.3710+0.022%$6.6Mas long as short
Kalshi KXNEARPERP+0.0163%8h4.3681−0.045%$909K$25.1M2.2xas long as short
Nado NEAR-PERP+0.0223%1h4.3655−0.104%$1.7M$3.2M10xas long as short
GRVT NEAR_USDT_Perp+0.0250%8h4.3771+0.162%$1.4M$1.6M10xas long as short
BloFin NEAR-USDTshort+0.0258%8h4.3770+0.159%$13.3M$32.3M75x
01 Exchange NEARUSD+0.0288%1h4.3741+0.092%$13K$7K10xas long as short
Hyperliquid NEAR+0.0304%1h4.3688−0.029%$352.5M$317.2M10xas long as short
HTX NEAR-USDT+0.0340%8h4.3790+0.205%$463K$3.8M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0344% / S −0.0244%1h4.3679−0.048%$254K100xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3740+0.090%$2.3M$17.0M50xas long as short
Backpack NEAR_USDC_PERP+0.0631%1h4.3734+0.076%$1.1M$7.2M20xas long as short
Lighter RH NEAR+0.0656%1h4.3764+0.145%$1.5M$6.4M10xas long as short
RISEx NEAR/USDC+0.0656%1h4.3658−0.097%$599K$1.4M10xas long as short
Lighter NEAR+0.0664%1h4.3772+0.163%$17.2M$23.7M15xas long as short
Pacifica NEAR+0.0701%1h4.3720+0.044%$412K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3666−0.079%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1082%1h4.3684−0.038%$5K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.3204%1h4.3865+0.376%$1.9M$13.1M25xas long as short