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 −0.016%

Price spread now: Bybit against Aster−0.067%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 7 days−0.055%−$5 · spread now −0.067%, 7d avg −0.065%

Together, before fees−0.124%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NEARUSDT	4.1398	0.0100	pay 0.0100% / 8h	2h 37m	$2.9M	$5.9M	50x
Short	Bybit NEARUSDT	4.1370	0.0100	get 0.0100% / 8h	2h 37m	$211.0M	$427.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.067%Rate

Funding earned: $0
Price spread: −0.067% → −0.065%: −$0.14
Slippage, 4 orders: −$22.85
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$41.99
Costs to cover: 0.419%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; Bybit: live order book, 1 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, 1 min ago	6.05 bp	10.0 bp −$10	29.3 bp −$293	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.21 bp	8.1 bp −$8	17.7 bp −$177	39.4 bp −$3,941	180.3 bp −$90.1K

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	4.1294	−0.250%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0024%	1h	4.1338	−0.144%	$2.1M	$12.7M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.1413	+0.037%	$104K	$54K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.1337	−0.147%	$411K	$19.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1396	−0.004%	$205K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.0730	−1.613%	$569	$239K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.1250	−0.357%	$107K	$489K	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1390	−0.017%	$30K	$647	10x	as long as short
Aster NEARUSDTlong	+0.0100%	8h	4.1398	long leg	$2.9M	$5.9M	50x
Pacifica NEAR	+0.0100%	1h	4.1401	+0.009%	$366K	$1.2M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.1390	−0.019%	$235.8M	$1.09B	75x	as long as short
Bybit NEARUSDTshort	+0.0100%	8h	4.1370	−0.067%	$211.0M	$427.7M	75x
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1380	−0.043%	$56.5M	$277.3M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1240	−0.381%	$235K	$6K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.1396	−0.004%	$29.5M	$58.0M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.1390	−0.019%	$79.9M	$142.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.1420	+0.054%	$56.2M	$45.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1406	+0.020%	$69.0M	$127.7M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.1390	−0.019%	—	$136.5M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.1205	−0.465%	$7.5M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1188	−0.507%	$234K	$1.3M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1160	−0.573%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1200	−0.477%	$182K	$790K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1310	−0.212%	$204K	$3.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.1385	−0.031%	$53K	$159K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.1310	−0.212%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.1370	−0.067%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1360	−0.091%	$3.8M	$8.4M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1381	−0.041%	$3.6M	$14.5M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.1365	−0.079%	$200K	$65K	3x	as long as short
Arcus NEAR-USD	+0.0118%	1h	4.1420	+0.054%	$307K	$1.6M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0150%	1h	4.1394	−0.010%	$7.1M	$36.6M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0209%	1h	4.1411	+0.032%	$1.8M	$2.1M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.1310	−0.212%	$12.1M	$33.5M	75x	as long as short
01 Exchange NEARUSD	+0.0280%	1h	4.1279	−0.287%	$12K	$7K	10x	as long as short
Lighter RH NEAR	+0.0336%	1h	4.1450	+0.126%	$1.4M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0351%	1h	4.1265	−0.320%	$1.8M	$3.6M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0373% / S −0.0317%	1h	4.1392	−0.014%	$272K	—	100x	as long as short
RISEx NEAR/USDC	+0.0569%	1h	4.1451	+0.128%	$416K	$1.2M	10x	as long as short
Phoenix NEAR	+0.0582%	1h	4.1355	−0.103%	$1.7M	$2.8M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0809%	1h	4.1460	+0.151%	$1.4M	$5.7M	20x	as long as short
Lighter NEAR	+0.0888%	1h	4.1469	+0.173%	$15.4M	$22.6M	15x	as long as short
Aftermath Perps NEARUSD	+0.1046%	1h	4.1220	−0.430%	$5K	$11K	10x	as long as short
Hyperliquid NEAR	+0.1098%	1h	4.1469	+0.172%	$349.2M	$300.6M	10x	as long as short
HTX NEAR-USDT	+0.1131%	8h	4.1410	+0.030%	$448K	$3.8M	75x	as long as short