Funding you earn now, next payment 23:00 UTC+0.0363%/8h= +39.8% APRpaid last 24h +0.144%
Price spread now: Phoenix against Aster−0.010%7-day average +0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs+$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 7 days+0.683%+$68 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now −0.010%, 7d avg +0.156%
=Together, before fees+0.646%+ Points / potential airdropAster: Stage 5 · farm board+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.165% cheaper against Aster than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.156%). If the spread goes back, that is −$17 on $10k: about 36 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NEARUSDT | 4.2836 | 0.0100 | pay 0.0100% / 8h | 5m 32s | $3.0M | $5.7M | 50x |
| Short | Phoenix NEAR | 4.2832 | 0.0463 | get 0.0058% / 1h | 5m 32s | $1.8M | $2.7M | 10x |
Aster NEARUSDT
Phoenix NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $76.29
- Price spread: −0.010% → +0.156%
- −$16.55
- Slippage, 4 orders
- −$28.93
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $15.82
- Costs to cover
- 0.439%
- Break-even
- 5.5 days
Slippage from Aster: live order book, 3 min ago; Phoenix: live order book, 8 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 | 3.50 bp | 11.0 bp −$11 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 8 min ago | 0.93 bp | 11.8 bp −$12 | 25.4 bp −$254 | 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 | 4.2789 | −0.110% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2773 | −0.148% | $2.2M | $13.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2799 | −0.087% | $111K | $62K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2777 | −0.138% | $368K | $18.7M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2833 | −0.008% | $203K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0032% | 8h | 4.2749 | −0.203% | $7.8M | $18.5M | — | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.330% | $578 | $302K | 12x | as long as short |
| Bybit NEARUSDT | +0.0043% | 8h | 4.2781 | −0.129% | $217.8M | $421.8M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0064% | 1h | 4.2825 | −0.026% | $13K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2810 | −0.061% | $110K | $495K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Injective NEAR/USDC PERP
Bybit NEARUSDT
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2791 | −0.106% | $57K | $194K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2804 | −0.075% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDTlong | +0.0100% | 8h | 4.2836 | long leg | $3.0M | $5.7M | 50x | |
| Pacifica NEAR | +0.0100% | 1h | 4.2813 | −0.055% | $401K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2816 | −0.048% | $253.5M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2790 | −0.108% | $60.7M | $286.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2810 | −0.061% | $196K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2757 | −0.184% | $244K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2782 | −0.127% | $30.9M | $60.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2830 | −0.015% | $78.5M | $142.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2820 | −0.038% | $55.9M | $43.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2789 | −0.110% | $70.9M | $126.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2790 | −0.108% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2741 | −0.222% | $244K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2740 | −0.225% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2740 | −0.225% | $179K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2819 | −0.040% | $194K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2810 | −0.061% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2783 | −0.124% | $4K | $54K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2790 | −0.108% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2778 | −0.135% | $3.8M | $16.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2785 | −0.120% | $202K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0118% | 1h | 4.2819 | −0.040% | $7.6M | $37.5M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2760 | −0.178% | $13.0M | $29.3M | 75x | as long as short |
| Lighter RH NEAR | +0.0328% | 1h | 4.2864 | +0.065% | $1.6M | $7.1M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0377% / S −0.0316% | 1h | 4.2785 | −0.120% | $275K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2830 | −0.015% | $419K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0445% | 1h | 4.2853 | +0.039% | $1.4M | $5.6M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0451% | 1h | 4.2818 | −0.043% | $1.9M | $2.7M | 25x | as long as short |
| Phoenix NEARshort | +0.0463% | 1h | 4.2832 | −0.010% | $1.8M | $2.7M | 10x | |
| Hyperliquid NEAR | +0.0608% | 1h | 4.2866 | +0.069% | $365.6M | $301.0M | 10x | as long as short |
| Nado NEAR-PERP | +0.0658% | 1h | 4.2784 | −0.121% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0751% | 8h | 4.2830 | −0.015% | $457K | $3.7M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1159% | 1h | 4.2831 | −0.013% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1784% | 1h | 4.2935 | +0.231% | $16.9M | $24.6M | 15x | as long as short |
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
Nado NEAR-PERP
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR