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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0235%/8h= +25.7% APRnext payment +$2.35 per $10,000 · paid last 24h +0.005%
Price spread now: Aster against GRVT+0.047%70s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.477% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days−0.053%−$5 · spread now +0.047%, 7d avg +0.029%
Together, before fees−0.039%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NEAR_USDT_Perp4.28500.0100pay 0.0100% / 8h2h 38m$1.4M$1.5M10x
ShortAster NEARUSDT4.28700.0335get 0.0335% / 8h2h 38m$2.8M$5.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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
$49.38
Price spread: +0.047% → +0.029%
$1.76
Slippage, 4 orders
−$30.72
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
$3.42
Costs to cover
0.477%
Break-even
6.5 days
Slippage from GRVT: live order book, 5 min ago; Aster: live order book, 5 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 GRVT live order book, 5 min ago1.17 bp18.4 bp −$1844.6 bp −$446doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago3.51 bp10.2 bp −$1016.3 bp −$163doesn'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%1h4.2858+0.020%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2829−0.050%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2822−0.065%$160K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.361%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2900+0.117%$112K$500K50xas long as short
Binance NEARUSDT+0.0100%8h4.2900+0.117%$262.1M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2833−0.040%$213.4M$420.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2890+0.093%$60.4M$284.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.28500.000%$244K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2836−0.033%$32.1M$59.8M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.2880+0.070%$71.9M$143.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2920+0.163%$53.0M$45.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2864+0.033%$70.8M$127.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.28500.000%$143.6Mas long as short
Variational Omni NEAR+0.0100%8h4.2808−0.097%$8.2M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.2805−0.104%$250K$946K20xas long as short
GRVT NEAR_USDT_Perplong+0.0100%8h4.2850long leg$1.4M$1.5M10x
Polymarket Perps NEAR-USD+0.0100%1h4.2905+0.128%$264K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2857+0.016%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2930+0.187%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.2970+0.280%$462K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.28500.000%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.2842−0.019%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.2872+0.052%$199K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2840−0.023%$13.2M$31.5M75xas long as short
Kalshi KXNEARPERP+0.0248%8h4.2847−0.007%$844K$24.5M2.2xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.2841−0.021%$2.3M$15.7M50xas long as short
ApeX Omni NEARUSDT+0.0276%1h4.2900+0.117%$165K$793K50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0294% / S −0.0198%1h4.2819−0.071%$231K100xas long as short
Aster NEARUSDTshort+0.0335%8h4.2870+0.047%$2.8M$5.4M50x
Nado NEAR-PERP+0.0356%1h4.2870+0.047%$1.7M$3.2M10xas long as short
Extended NEAR-USD+0.0528%1h4.2826−0.055%$3.6M$19.8M25xas long as short
SoDEX NEAR-USD+0.0596%1h4.2825−0.058%$6K$53K10xas long as short
Backpack NEAR_USDC_PERP+0.0633%1h4.2846−0.009%$1.3M$6.7M20xas long as short
Hyperliquid NEAR+0.0699%1h4.2930+0.187%$350.7M$309.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0738%1h4.2829−0.048%$7.6M$38.6M50xas long as short
01 Exchange NEARUSD+0.0744%1h4.2960+0.257%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.2890+0.093%$215K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.2872+0.050%$393K$1.3M10xas long as short
Lighter NEAR+0.0880%1h4.2900+0.118%$16.8M$25.1M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0964%1h4.2877+0.063%$2.0M$11.0M25xas long as short
Phoenix NEAR+0.1033%1h4.2945+0.222%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1096%1h4.2900+0.117%$1.5M$7.3M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.2887+0.085%$692K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1439%1h4.2847−0.006%$5K$12K10xas long as short