Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%

Price spread now: Aster against Gate+0.112%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$510.513% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days+0.002%$0 · spread now +0.112%, 7d avg +0.051%

Together, before fees+0.048%+ Points / potential airdropAster: Stage 5 · farm board+$5 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 0.061% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NEAR_USDT	4.1272	0.0100	pay 0.0100% / 8h	2h 39m	$29.4M	$57.9M	75x
Short	Aster NEARUSDT	4.1318	0.0100	get 0.0100% / 8h	2h 39m	$2.9M	$5.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now +0.112%Rate

Funding earned: $0
Price spread: +0.112% → +0.051%: $6.08
Slippage, 4 orders: −$28.27
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$45.19
Costs to cover: 0.513%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Aster: live order book, 4 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 Gate live order book, 5 min ago	1.22 bp	15.2 bp −$15	20.5 bp −$205	36.4 bp −$3,644	52.3 bp −$26.2K
Sell Aster live order book, 4 min ago	4.86 bp	9.8 bp −$10	19.2 bp −$192	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	4.1258	−0.034%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0024%	1h	4.1215	−0.138%	$2.1M	$12.6M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.1415	+0.346%	$104K	$54K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.1348	+0.184%	$410K	$19.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1300	+0.067%	$204K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.0730	−1.313%	$569	$239K	12x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0065%	1h	4.1328	+0.136%	$1.8M	$2.1M	25x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.1230	−0.102%	$107K	$489K	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1280	+0.020%	$30K	$647	10x	as long as short
Aster NEARUSDTshort	+0.0100%	8h	4.1318	+0.112%	$2.9M	$5.9M	50x

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.1407	+0.328%	$366K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.1283	+0.026%	$235.1M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.1270	−0.005%	$210.5M	$428.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1300	+0.068%	$56.4M	$277.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1240	−0.078%	$235K	$6K	10x	as long as short
Gate NEAR_USDTlong	+0.0100%	8h	4.1272	long leg	$29.4M	$57.9M	75x
MEXC NEAR_USDT	+0.0100%	8h	4.1270	−0.005%	$79.6M	$142.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.1250	−0.053%	$55.9M	$45.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1299	+0.065%	$68.8M	$127.8M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.1290	+0.044%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.1205	−0.162%	$7.5M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1188	−0.204%	$234K	$1.3M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1160	−0.271%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1200	−0.174%	$182K	$790K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1276	+0.010%	$204K	$3.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.1301	+0.070%	$53K	$159K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.1330	+0.141%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.1285	+0.031%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1300	+0.068%	$3.8M	$8.4M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1288	+0.040%	$3.6M	$14.5M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.1295	+0.056%	$200K	$65K	3x	as long as short
Arcus NEAR-USD	+0.0118%	1h	4.1250	−0.053%	$306K	$1.6M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0150%	1h	4.1300	+0.067%	$7.1M	$36.7M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.1310	+0.092%	$12.1M	$33.5M	75x	as long as short
01 Exchange NEARUSD	+0.0280%	1h	4.1241	−0.075%	$12K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0344%	1h	4.1221	−0.122%	$1.8M	$3.6M	10x	as long as short
Lighter RH NEAR	+0.0352%	1h	4.1341	+0.167%	$1.4M	$7.2M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0373% / S −0.0317%	1h	4.1276	+0.010%	$272K	—	100x	as long as short
RISEx NEAR/USDC	+0.0569%	1h	4.1248	−0.059%	$414K	$1.2M	10x	as long as short
Phoenix NEAR	+0.0582%	1h	4.1355	+0.201%	$1.7M	$2.8M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0801%	1h	4.1343	+0.172%	$1.4M	$5.7M	20x	as long as short
Lighter NEAR	+0.0864%	1h	4.1375	+0.250%	$15.4M	$22.6M	15x	as long as short
Aftermath Perps NEARUSD	+0.1060%	1h	4.1196	−0.184%	$5K	$11K	10x	as long as short
Hyperliquid NEAR	+0.1116%	1h	4.1340	+0.165%	$348.1M	$300.5M	10x	as long as short
HTX NEAR-USDT	+0.1132%	8h	4.1470	+0.480%	$448K	$3.8M	75x	as long as short