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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0057%/8h= −6.2% APRpaid last 24h −0.005%
Price spread now: Polymarket Perps against Aster+0.068%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$370.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 7 days−0.105%−$10 · spread now +0.068%, 7d avg −0.014%
Together, before fees−0.147%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.082% dearer against Aster than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of −0.014%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days. At the pace of the last 7 days (−0.043% in total) that is about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NEARUSDT4.40700.0157pay 0.0157% / 8h6h 26m$3.1M$5.7M50x
ShortPolymarket Perps NEAR-USD4.41000.0100get 0.0013% / 1h26m 57s$219K$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$11.95
Price spread: +0.068% → −0.014%
$8.23
Slippage, 4 orders
−$21.37
Fee Aster: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$41.09
Costs to cover
0.374%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; Polymarket Perps: 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 ago3.40 bp10.8 bp −$1122.9 bp −$229doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 2 min ago3.32 bp7.4 bp −$722.5 bp −$225doesn'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%1h4.4035−0.080%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.4099+0.066%$2.2M$13.9M50xas long as short
dYdX NEAR-USD0.0000%1h4.4062−0.019%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4063−0.016%$614K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.4013−0.128%$159K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.036%$578$302K12xas long as short
Variational Omni NEAR+0.0059%8h4.3918−0.344%$8.5M$18.7Mas long as short
Phemex NEARUSDT+0.0062%8h4.4000−0.159%$3.9M$8.2M50xas long as short
Popdex NEARUSDT+0.0096%1h4.4080+0.023%$113K$481K50xas long as short
Pacifica NEAR+0.0100%1h4.4094+0.055%$417K$1.2M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.4020−0.113%$265.6M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4008−0.141%$223.3M$418.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4000−0.159%$62.4M$286.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.4150+0.182%$209K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3449−1.408%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3989−0.184%$31.7M$61.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4030−0.091%$76.1M$139.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4020−0.113%$56.3M$42.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3978−0.209%$72.9M$123.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4000−0.159%$142.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3854−0.490%$271K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3820−0.567%$1.5M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3860−0.477%$182K$767K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.4100+0.068%$219K$3.5M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.4037−0.075%$59K$189K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4080+0.023%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3995−0.170%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4130+0.136%$455K$3.9M75xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4064−0.013%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3959−0.252%$3.8M$18.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4005−0.147%$205K$34K3xas long as short
Aster NEARUSDTlong+0.0157%8h4.4070long leg$3.1M$5.7M50x
Kraken Futures PF_NEARUSD+0.0215%1h4.4007−0.143%$7.7M$40.0M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0349% / S −0.0257%1h4.4018−0.118%$253K100xas long as short
Nado NEAR-PERP+0.0398%1h4.4064−0.013%$1.9M$3.1M10xas long as short
01 Exchange NEARUSD+0.0400%1h4.4135+0.147%$13K$7K10xas long as short
RISEx NEAR/USDC+0.0509%1h4.4153+0.188%$560K$1.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0523%1h4.4041−0.066%$1.9M$4.2M25xas long as short
Phoenix NEAR+0.0592%1h4.4243+0.393%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0792%1h4.4078+0.018%$1.6M$7.0M10xas long as short
Hyperliquid NEAR+0.0853%1h4.4098+0.064%$372.6M$307.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0916%1h4.4073+0.007%$1.4M$6.0M20xas long as short
Aftermath Perps NEARUSD+0.1499%1h4.3899−0.388%$6K$12K10xas long as short
Lighter NEAR+0.1624%1h4.4123+0.119%$17.7M$25.0M15xas long as short