Funding arb · Price arb /

NEAR

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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: Gate against Aster−0.076%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$490.487% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 7 days−0.123%−$12 · spread now −0.076%, 7d avg −0.054%

Together, before fees−0.169%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.022% cheaper against Aster than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NEARUSDT	4.2762	0.0100	pay 0.0100% / 8h	8m 59s	$3.0M	$5.7M	50x
Short	Gate NEAR_USDT	4.2729	0.0100	get 0.0100% / 8h	8m 59s	$30.9M	$60.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.076%Rate

Funding earned: $0
Price spread: −0.076% → −0.054%: −$2.16
Slippage, 4 orders: −$25.74
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$50.9
Costs to cover: 0.487%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago	3.51 bp	10.1 bp −$10	17.4 bp −$174	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	2.23 bp	14.2 bp −$14	24.2 bp −$242	38.8 bp −$3,881	53.4 bp −$26.7K

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	4.2747	−0.033%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0072%	1h	4.2759	−0.006%	$2.2M	$13.2M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2769	+0.018%	$111K	$62K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2814	+0.123%	$368K	$18.8M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2732	−0.068%	$203K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.161%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0037%	8h	4.2689	−0.170%	$7.9M	$18.5M	—	as long as short
Bybit NEARUSDT	+0.0047%	8h	4.2704	−0.135%	$217.5M	$422.0M	75x	as long as short
01 Exchange NEARUSD	+0.0064%	1h	4.2766	+0.010%	$13K	$7K	10x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2770	+0.020%	$110K	$497K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2748	−0.032%	$57K	$194K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2776	+0.035%	$31K	$647	10x	as long as short
Aster NEARUSDTlong	+0.0100%	8h	4.2762	long leg	$3.0M	$5.7M	50x
Pacifica NEAR	+0.0100%	1h	4.2782	+0.048%	$401K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2729	−0.076%	$253.0M	$1.08B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2700	−0.144%	$60.6M	$286.1M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2800	+0.090%	$196K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2757	−0.010%	$244K	$2K	10x	as long as short
Gate NEAR_USDTshort	+0.0100%	8h	4.2729	−0.076%	$30.9M	$60.7M	75x
MEXC NEAR_USDT	+0.0100%	8h	4.2740	−0.050%	$78.4M	$142.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2760	−0.004%	$55.8M	$43.5M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2705	−0.132%	$70.8M	$126.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2720	−0.097%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2701	−0.142%	$243K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2727	−0.080%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2750	−0.027%	$179K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2784	+0.053%	$193K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2820	+0.137%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2731	−0.071%	$4K	$54K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2740	−0.050%	$3.8M	$8.5M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2699	−0.146%	$3.8M	$16.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2715	−0.108%	$201K	$66K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0119%	1h	4.2750	−0.027%	$7.6M	$37.6M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2720	−0.097%	$13.0M	$29.3M	75x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0265%	1h	4.2774	+0.029%	$1.9M	$2.7M	25x	as long as short
Lighter RH NEAR	+0.0328%	1h	4.2802	+0.095%	$1.6M	$7.1M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0377% / S −0.0316%	1h	4.2730	−0.073%	$275K	—	100x	as long as short
RISEx NEAR/USDC	+0.0404%	1h	4.2786	+0.058%	$420K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0450%	1h	4.2782	+0.048%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0463%	1h	4.2832	+0.165%	$1.8M	$2.7M	10x	as long as short
Hyperliquid NEAR	+0.0637%	1h	4.2788	+0.062%	$365.0M	$300.8M	10x	as long as short
Nado NEAR-PERP	+0.0660%	1h	4.2732	−0.068%	$1.9M	$3.4M	10x	as long as short
HTX NEAR-USDT	+0.0762%	8h	4.2900	+0.324%	$458K	$3.7M	75x	as long as short
Aftermath Perps NEARUSD	+0.1128%	1h	4.2814	+0.122%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1744%	1h	4.2872	+0.257%	$16.9M	$24.6M	15x	as long as short