NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0197%/8h= −21.6% APRnext payment −$1.97 per $10,000 · paid last 24h −0.005%

Price spread now: Phemex against Aster+0.048%7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$660.662% of the position

Long on Aster Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

Price spread, last 4 days (all we have)+0.145%+$14 · spread now +0.048%, 7d avg −0.048%

Together, before fees+0.065%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.096% dearer against Aster than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.048%): +$10 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 7 days (−0.079% in total) that is about 8.4 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.97 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	4.4319	0.0297	pay 0.0297% / 8h	4h 46m	$3.0M	$5.6M	50x
Short	Phemex NEARUSDT	4.4340	0.0100	get 0.0100% / 8h	4h 46m	$3.8M	$8.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$41.35
Price spread: +0.048% → −0.048%: $9.57
Slippage, 4 orders: −$46.22
Fee Aster: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$98
Costs to cover: 0.662%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; Phemex: live order book, 3 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, 3 min ago	3.36 bp	10.9 bp −$11	19.7 bp −$197	doesn't fit	doesn't fit
Sell Phemex live order book, 3 min ago	7.85 bp	24.2 bp −$24	27.0 bp −$270	doesn't fit	doesn't fit

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	4.4288	−0.069%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4342	+0.052%	$2.2M	$15.3M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4397	+0.176%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4487	+0.379%	$640K	$22.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4319	0.000%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.563%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4400	+0.183%	$117K	$514K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4473	+0.348%	$425K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4336	+0.039%	$271.8M	$1.11B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4310	−0.020%	$222.0M	$424.6M	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	4.4290	−0.065%	$63.2M	$301.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.5100	+1.763%	$257K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4314	−0.011%	$32.0M	$62.8M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4340	+0.048%	$75.3M	$147.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4350	+0.070%	$55.1M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4311	−0.018%	$72.9M	$130.6M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4320	+0.003%	—	$147.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4367	+0.108%	$8.6M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4567	+0.561%	$267K	$978K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4624	+0.688%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4510	+0.431%	$171K	$793K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4346	+0.061%	$240K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4412	+0.210%	$57K	$237K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4410	+0.206%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4360	+0.093%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4430	+0.251%	$462K	$4.0M	75x	as long as short
Phemex NEARUSDTshort	+0.0100%	8h	4.4340	+0.048%	$3.8M	$8.3M	50x
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4376	+0.128%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4429	+0.249%	$207K	$40K	3x	as long as short
Hyperliquid NEAR	+0.0190%	1h	4.4345	+0.059%	$366.6M	$326.4M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0198%	1h	4.4343	+0.054%	$1.4M	$6.6M	20x	as long as short
Extended NEAR-USD	+0.0208%	1h	4.4374	+0.124%	$4.0M	$19.6M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4460	+0.318%	$14.1M	$33.1M	75x	as long as short
01 Exchange NEARUSD	+0.0248%	1h	4.4389	+0.158%	$13K	$7K	10x	as long as short
Aster NEARUSDTlong	+0.0297%	8h	4.4319	long leg	$3.0M	$5.6M	50x
GMX NEAR/USD [ETH-USDC]	L +0.0338% / S −0.0216%	1h	4.4312	−0.014%	$248K	—	100x	as long as short
Lighter RH NEAR	+0.0472%	1h	4.4379	+0.136%	$1.5M	$7.1M	10x	as long as short
Nado NEAR-PERP	+0.0549%	1h	4.4276	−0.098%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4600	+0.634%	$220K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0586%	1h	4.4356	+0.083%	$8.2M	$40.2M	50x	as long as short
Lighter NEAR	+0.0664%	1h	4.4413	+0.212%	$17.9M	$26.2M	15x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4822	+1.135%	$1.9M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4422	+0.232%	$561K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1012%	1h	4.4444	+0.282%	$2.0M	$6.7M	25x	as long as short
Aftermath Perps NEARUSD	+0.1568%	1h	4.4661	+0.771%	$6K	$12K	10x	as long as short