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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%
Price spread now: Aster against Bulk+0.167%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.015%+$2 on $10k
Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.167%, 7d avg +0.036%
Together, before fees−0.282%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.131% dearer against Bulk than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk NEAR-USD4.09160.0100pay 0.0013% / 1h46m 03s$233K$6K10x
ShortAster NEARUSDT4.09840.0100get 0.0100% / 8h2h 46m$2.9M$5.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bulk. 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
$0
Price spread: +0.167% → +0.036%
$13.09
Slippage, 4 orders
−$37.37
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$39.28
Costs to cover
0.524%
Break-even
never at this rate
Slippage from Bulk: live order book, 43 min ago; Aster: live order book, 3 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 Bulk live order book, 43 min ago12.12 bp15.6 bp −$1630.7 bp −$30738.9 bp −$3,89551.1 bp −$25.6K
Sell Aster live order book, 3 min ago4.86 bp9.8 bp −$1021.5 bp −$215doesn'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%1h4.0931+0.038%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0024%1h4.1119+0.497%$2.1M$12.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.0989+0.180%$103K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1004+0.216%$415K$19.1M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.0969+0.131%$1.8M$2.1M25xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.0938+0.054%$198K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.0730−0.453%$569$239K12xas long as short
Popdex NEARUSDT+0.0096%1h4.0990+0.182%$106K$487K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.0969+0.130%$30K$64710xas long as short
Aster NEARUSDTshort+0.0100%8h4.0984+0.167%$2.9M$5.9M50x
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.0988+0.177%$363K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1029+0.276%$233.7M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1030+0.280%$209.4M$427.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1020+0.255%$56.1M$275.2M50xas long as short
Bulk NEAR-USDlong+0.0100%1h4.0916long leg$233K$6K10x
Gate NEAR_USDT+0.0100%8h4.0979+0.155%$29.2M$57.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.0970+0.133%$79.1M$142.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.0960+0.109%$55.6M$45.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1032+0.285%$68.4M$127.8M75xas long as short
BingX NEAR-USDC+0.0100%8h4.0990+0.182%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.0845−0.172%$7.5M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1022+0.261%$233K$1.3M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1000+0.206%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.0920+0.011%$180K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.0990+0.182%$200K$3.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.0950+0.084%$53K$159K20xas long as short
SunX NEAR-USDT+0.0100%8h4.1040+0.304%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.0940+0.060%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.0940+0.060%$3.8M$8.4M50xas long as short
Extended NEAR-USD+0.0104%1h4.0942+0.064%$3.6M$14.5M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.0942+0.064%$198K$65K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1020+0.255%$304K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0151%1h4.0960+0.109%$7.0M$36.7M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.1040+0.304%$12.1M$33.4M75xas long as short
01 Exchange NEARUSD+0.0328%1h4.1022+0.260%$12K$8K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0371% / S −0.0317%1h4.0925+0.023%$270K100xas long as short
Lighter RH NEAR+0.0384%1h4.0998+0.202%$1.4M$7.2M10xas long as short
Nado NEAR-PERP+0.0385%1h4.0959+0.107%$1.8M$3.7M10xas long as short
RISEx NEAR/USDC+0.0569%1h4.1012+0.235%$417K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1189+0.668%$1.7M$2.8M10xas long as short
Lighter NEAR+0.0664%1h4.1025+0.268%$15.2M$22.6M15xas long as short
Backpack NEAR_USDC_PERP+0.0795%1h4.1022+0.260%$1.4M$5.7M20xas long as short
Hyperliquid NEAR+0.1063%1h4.1056+0.343%$345.9M$301.5M10xas long as short
Aftermath Perps NEARUSD+0.1071%1h4.0981+0.161%$5K$11K10xas long as short
HTX NEAR-USDT+0.1132%8h4.1090+0.426%$439K$3.8M75xas long as short