NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0207%/8h= −22.6% APRnext payment −$2.07 per $10,000 · paid last 24h −0.005%

Price spread now: Orderly against Aster−0.012%7-day average −0.050% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.012%, 7d avg −0.050%

Together, before fees+0.101%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.038% dearer against Aster than usual: you sell high and buy low (spread −0.012% now, against its 7-day average of −0.050%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.064% in total) that is about 4.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.064% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NEARUSDT	4.4523	0.0307	pay 0.0307% / 8h	4h 49m	$3.1M	$5.6M	50x
Short	Orderly PERP_NEAR_USDC	4.4518	0.0100	get 0.0100% / 8h	4h 49m	$57K	$237K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.012%Rate

Funding earned: −$43.37
Price spread: −0.012% → −0.050%: $3.82
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$53.55
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.

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	1.11 bp	11.5 bp −$12	23.4 bp −$234	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	4.4463	−0.135%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4520	−0.007%	$2.2M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4552	+0.065%	$110K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4527	+0.008%	$615K	$22.2M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4513	−0.023%	$166K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.993%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4600	+0.172%	$117K	$514K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4566	+0.095%	$426K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4594	+0.160%	$273.4M	$1.11B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4610	+0.195%	$223.5M	$424.4M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4600	+0.172%	$63.6M	$303.7M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.5100	+1.295%	$257K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4616	+0.208%	$32.2M	$62.7M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4640	+0.262%	$75.8M	$147.0M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4530	+0.015%	$55.2M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4612	+0.199%	$73.4M	$130.6M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4620	+0.217%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4797	+0.615%	$8.7M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4912	+0.873%	$269K	$977K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4926	+0.904%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4870	+0.779%	$172K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4512	−0.025%	$241K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDCshort	+0.0100%	8h	4.4518	−0.012%	$57K	$237K	20x
SunX NEAR-USDT	+0.0100%	8h	4.4600	+0.172%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4529	+0.013%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4620	+0.217%	$464K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4580	+0.127%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4582	+0.132%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4545	+0.049%	$207K	$40K	3x	as long as short
Extended NEAR-USD	+0.0208%	1h	4.4480	−0.096%	$4.0M	$19.6M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0212%	1h	4.4644	+0.271%	$1.4M	$6.6M	20x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4660	+0.307%	$14.2M	$33.5M	75x	as long as short
01 Exchange NEARUSD	+0.0280%	1h	4.4505	−0.041%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0292%	1h	4.4667	+0.323%	$370.1M	$325.2M	10x	as long as short
Aster NEARUSDTlong	+0.0307%	8h	4.4523	long leg	$3.1M	$5.6M	50x
GMX NEAR/USD [ETH-USDC]	L +0.0338% / S −0.0216%	1h	4.4508	−0.033%	$248K	—	100x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0379%	1h	4.4536	+0.028%	$2.0M	$6.6M	25x	as long as short
Lighter RH NEAR	+0.0504%	1h	4.4679	+0.350%	$1.6M	$7.1M	10x	as long as short
Nado NEAR-PERP	+0.0525%	1h	4.4477	−0.103%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4540	+0.037%	$220K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0583%	1h	4.4571	+0.107%	$8.3M	$40.3M	50x	as long as short
Lighter NEAR	+0.0696%	1h	4.4670	+0.330%	$18.0M	$26.2M	15x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4822	+0.671%	$1.9M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4532	+0.020%	$562K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1585%	1h	4.4810	+0.643%	$6K	$12K	10x	as long as short