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

NEAR

all NEAR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0236%/8h= −25.9% APRnext payment $2.36 per $10,000 · paid last 24h −0.005%
Price spread now: GRVT against Aster+0.543%50s7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.394% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 days−0.585%−$58 · spread now +0.543%, 7d avg −0.031%
Together, before fees−0.599%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.574% dearer against Aster than usual: you sell high and buy low (spread +0.543% now, against its 7-day average of −0.031%): +$57 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8.1 days. At the pace of the last 7 days (−0.014% in total) that is about 10 months. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NEARUSDT4.31800.0336pay 0.0336% / 8h3h 10m$2.8M$5.5M50x
ShortGRVT NEAR_USDT_Perp4.34150.0100get 0.0100% / 8h3h 10m$1.4M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$49.63
Price spread: +0.543% → −0.031%
$57.41
Slippage, 4 orders
−$22.44
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$31.66
Costs to cover
0.394%
Break-even
from the start
Slippage from Aster: live order book, 3 min ago; GRVT: live order book, 3 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, 3 min ago2.30 bp12.3 bp −$1221.5 bp −$215doesn't fitdoesn't fit
Sell GRVT live order book, 3 min ago2.30 bp6.8 bp −$714.5 bp −$145doesn't fitdoesn't fit

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
Reya NEARRUSDPERP−0.0171%1h4.3276+0.222%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3146−0.078%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3243+0.146%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.099%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3272+0.213%$2.3M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3170−0.023%$110K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3201+0.049%$264.1M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3166−0.032%$213.5M$425.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3160−0.046%$61.1M$286.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3449+0.623%$248K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3157−0.053%$32.0M$62.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3200+0.046%$73.6M$146.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.31800.000%$53.5M$45.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3160−0.046%$71.2M$127.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3170−0.023%$144.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3247+0.155%$8.2M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3426+0.570%$254K$946K20xas long as short
GRVT NEAR_USDT_Perpshort+0.0100%8h4.3415+0.543%$1.4M$1.5M10x
ApeX Omni NEARUSDT+0.0100%1h4.3430+0.579%$167K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3313+0.308%$271K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3280+0.232%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3380+0.463%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3360+0.417%$468K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3270+0.208%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3151−0.068%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3270+0.208%$201K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3300+0.278%$13.5M$32.0M75xas long as short
Pacifica NEAR+0.0263%1h4.3190+0.024%$399K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0281%8h4.3324+0.333%$871K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3240+0.139%$234K100xas long as short
Aster NEARUSDTlong+0.0336%8h4.3180long leg$2.8M$5.5M50x
SoDEX NEAR-USD+0.0347%1h4.3255+0.174%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3222+0.097%$13K$7K10xas long as short
Nado NEAR-PERP+0.0557%1h4.3282+0.236%$1.8M$3.1M10xas long as short
Extended NEAR-USD+0.0568%1h4.3148−0.074%$3.8M$19.9M25xas long as short
Hyperliquid NEAR+0.0580%1h4.3213+0.076%$353.9M$314.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0586%1h4.3244+0.148%$1.3M$6.8M20xas long as short
Arcus NEAR-USD+0.0627%1h4.3210+0.069%$212K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0652%1h4.3283+0.239%$1.9M$9.8M25xas long as short
Kraken Futures PF_NEARUSD+0.0713%1h4.3251+0.164%$7.6M$38.9M50xas long as short
Lighter RH NEAR+0.0920%1h4.3243+0.146%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3478+0.690%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1088%1h4.3245+0.150%$17.4M$25.1M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3202+0.051%$674K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1584%1h4.3379+0.460%$5K$13K10xas long as short