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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRnext payment $1.16 per $10,000 · paid last 24h −0.022%
Price spread now: Aster against BloFin−0.600%82s7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.373% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.181%−$18 on $10k
Price spread, last 3 days (all we have)+0.546%+$55 · spread now −0.600%, 7d avg +0.052%
Together, before fees+0.364%+ Points / potential airdropAster: Stage 5 · farm board+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.652% cheaper against BloFin than usual: you would sell low and buy high (−$65 if the spread goes back to its 7-day average of +0.052%). Swap the legs. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.33100.0220pay 0.0220% / 8h51m 44s$13.0M$32.7M75x
ShortAster NEARUSDT4.30500.0104get 0.0104% / 8h51m 44s$3.1M$5.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$24.31
Price spread: −0.600% → +0.052%
−$65.23
Slippage, 4 orders
−$17.26
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$126.81
Costs to cover
0.373%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Aster: 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 BloFin live order book, 2 min ago2.31 bp9.8 bp −$1016.7 bp −$16727.6 bp −$2,75697.9 bp −$49.0K
Sell Aster live order book, 2 min ago3.46 bp8.1 bp −$817.2 bp −$172doesn't fitdoesn't fit

NEAR on 45 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%1h4.2988−0.744%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2858−1.044%$2.2M$13.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.3163−0.339%$112K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2925−0.889%$389K$18.4M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.2961−0.806%$1.9M$2.3M25xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2882−0.988%$207K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.387%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3140−0.393%$109K$495K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3177−0.307%$31K$64710xas long as short
Pacifica NEAR+0.0100%1h4.3189−0.279%$405K$1.2M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.2980−0.762%$253.6M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2940−0.854%$221.3M$421.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2960−0.808%$61.2M$286.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3170−0.323%$198K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3063−0.571%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2983−0.755%$30.4M$58.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3000−0.716%$80.0M$139.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3030−0.647%$56.6M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2964−0.799%$71.5M$126.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2970−0.785%$138.2Mas long as short
Variational Omni NEAR+0.0100%8h4.3159−0.348%$8.1M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3254−0.129%$270K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3290−0.046%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3230−0.185%$181K$789K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3127−0.423%$208K$3.3M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2955−0.820%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2990−0.739%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2957−0.815%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2950−0.831%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2980−0.762%$4.4M$15.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2954−0.822%$207K$62K3xas long as short
Aster NEARUSDTshort+0.0104%8h4.3050−0.600%$3.1M$5.5M50x
Kraken Futures PF_NEARUSD+0.0118%1h4.2962−0.803%$7.5M$36.8M50xas long as short
BloFin NEAR-USDTlong+0.0220%8h4.3310long leg$13.0M$32.7M75x
01 Exchange NEARUSD+0.0256%1h4.3185−0.289%$13K$7K10xas long as short
Lighter RH NEAR+0.0384%1h4.3032−0.642%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0390% / S −0.0343%1h4.2925−0.888%$291K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.3185−0.289%$416K$1.2M10xas long as short
Phoenix NEAR+0.0463%1h4.3418+0.249%$1.8M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0540%1h4.3018−0.674%$1.3M$5.6M20xas long as short
Nado NEAR-PERP+0.0767%1h4.3030−0.647%$1.9M$3.5M10xas long as short
HTX NEAR-USDT+0.0899%8h4.2980−0.762%$458K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1187%1h4.3166−0.333%$5K$11K10xas long as short
Hyperliquid NEAR+0.1361%1h4.3045−0.612%$371.7M$297.1M10xas long as short
Lighter NEAR+0.2184%1h4.3110−0.461%$16.6M$23.6M15xas long as short