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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0081%/8h= −8.8% APRnext payment $0.81 per $10,000 · paid last 24h +0.124%
Price spread now: HTX against Aster−0.045%7-day average +0.190% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$850.847% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.556%+$56 on $10k
Price spread, last 3 days (all we have)+0.164%+$16 · spread now −0.045%, 7d avg +0.190%
Together, before fees+0.721%+ Points / potential airdropAster: Stage 5 · farm board+$72 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.235% cheaper against Aster than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.190%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.556%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NEARUSDT4.45400.0181pay 0.0181% / 8h6h 21m$3.1M$5.8M50x
ShortHTX NEAR-USDT4.45200.0100get 0.0100% / 8h6h 21m$456K$3.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$16.96
Price spread: −0.045% → +0.190%
−$23.5
Slippage, 4 orders
−$64.67
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$125.13
Costs to cover
0.847%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; HTX: live order book, 2 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, 2 min ago2.26 bp9.6 bp −$1019.0 bp −$190doesn't fitdoesn't fit
Sell HTX live order book, 2 min ago14.74 bp34.8 bp −$3593.6 bp −$936doesn't fitdoesn't fit

NEAR on 44 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%1h4.4458−0.184%$2K20xas long as short
Phemex NEARUSDT−0.0170%8h4.4450−0.202%$3.9M$8.2M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.4448−0.207%$2.2M$14.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4556+0.035%$110K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4561+0.047%$703K$19.7M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.4459−0.183%$197K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.028%$578$302K12xas long as short
Variational Omni NEAR+0.0072%8h4.3998−1.218%$8.6M$18.6Mas long as short
Popdex NEARUSDT+0.0096%1h4.4460−0.180%$110K$486K50xas long as short
Pacifica NEAR+0.0100%1h4.4615+0.167%$422K$1.2M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.4644+0.232%$270.7M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4651+0.249%$226.1M$422.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4660+0.269%$63.4M$293.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.4560+0.045%$212K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.4050−1.100%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4470−0.157%$32.2M$62.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4680+0.314%$76.2M$141.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.45400.000%$54.9M$43.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4573+0.074%$73.5M$125.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4490−0.113%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4063−1.071%$272K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4170−0.831%$1.5M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4180−0.809%$184K$762K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4501−0.088%$218K$3.5M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4470−0.157%$61K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4560+0.045%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4465−0.169%$5K$51K10xas long as short
HTX NEAR-USDTshort+0.0100%8h4.4520−0.045%$456K$3.9M75x
Paradex NEAR-USD-PERP+0.0102%8h4.4653+0.253%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.4423−0.262%$3.9M$18.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4683+0.320%$208K$34K3xas long as short
Aster NEARUSDTlong+0.0181%8h4.4540long leg$3.1M$5.8M50x
Kraken Futures PF_NEARUSD+0.0213%1h4.4473−0.151%$8.1M$40.8M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0335%1h4.4500−0.090%$1.9M$4.2M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0360% / S −0.0258%1h4.4451−0.200%$269K100xas long as short
Nado NEAR-PERP+0.0369%1h4.4485−0.124%$1.9M$3.1M10xas long as short
01 Exchange NEARUSD+0.0408%1h4.4533−0.016%$13K$7K10xas long as short
RISEx NEAR/USDC+0.0509%1h4.4520−0.044%$561K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.4147−0.883%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0832%1h4.4649+0.244%$1.7M$7.0M10xas long as short
Hyperliquid NEAR+0.0900%1h4.4634+0.211%$377.2M$307.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0954%1h4.4513−0.061%$1.4M$6.1M20xas long as short
Aftermath Perps NEARUSD+0.1528%1h4.4160−0.853%$6K$12K10xas long as short
Lighter NEAR+0.1688%1h4.4771+0.519%$17.9M$25.4M15xas long as short