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+0.0004%/8h= +0.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.014%
Price spread now: Aster against Orderly+0.093%7-day average +0.057% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 3 days (all we have)−0.202%−$20 · spread now +0.093%, 7d avg +0.057%
Together, before fees−0.123%+ Points / potential airdropAster: Stage 5 · farm board−$12 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 0.036% dearer against Orderly than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.33480.0100pay 0.0100% / 8h53m 19s$57K$194K20x
ShortAster NEARUSDT4.33880.0104get 0.0104% / 8h53m 19s$3.1M$5.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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
$0.89
Price spread: +0.093% → +0.057%
$3.6
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$9.52
Costs to cover
0.140%
Break-even
82.2 days
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Aster live order book, 5 min ago2.32 bp8.6 bp −$917.4 bp −$174doesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.3304−0.101%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.3355+0.016%$2.2M$13.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.3392+0.101%$112K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3363+0.035%$415K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3352+0.010%$209K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.471%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3340−0.018%$108K$495K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3395+0.109%$31K$64710xas long as short
Pacifica NEAR+0.0100%1h4.3409+0.140%$407K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3339−0.020%$255.7M$1.07B75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.3305−0.099%$223.5M$420.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3320−0.065%$61.8M$288.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3350+0.005%$199K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3063−0.658%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.3346−0.005%$30.7M$58.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3340−0.018%$81.6M$139.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3360+0.028%$57.0M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3331−0.039%$72.2M$126.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3320−0.065%$138.0Mas long as short
Variational Omni NEAR+0.0100%8h4.3159−0.436%$8.1M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3254−0.217%$270K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3290−0.133%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3230−0.272%$181K$789K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3369+0.048%$209K$3.3M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.3348long leg$57K$194K20x
SunX NEAR-USDT+0.0100%8h4.3390+0.097%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3327−0.048%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3330−0.042%$4.0M$8.1M50xas long as short
Extended NEAR-USD+0.0104%1h4.3322−0.060%$4.4M$15.2M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3345−0.007%$209K$62K3xas long as short
Aster NEARUSDTshort+0.0104%8h4.3388+0.093%$3.1M$5.5M50x
Kraken Futures PF_NEARUSD+0.0117%1h4.3341−0.016%$7.6M$36.8M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3310−0.088%$13.0M$32.7M75xas long as short
01 Exchange NEARUSD+0.0248%1h4.3372+0.055%$13K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0258%1h4.3370+0.051%$1.9M$2.3M25xas long as short
Lighter RH NEAR+0.0384%1h4.3388+0.092%$1.6M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0392% / S −0.0343%1h4.3342−0.013%$294K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.3374+0.059%$418K$1.2M10xas long as short
Phoenix NEAR+0.0463%1h4.3418+0.161%$1.8M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0600%1h4.3394+0.106%$1.3M$5.6M20xas long as short
Nado NEAR-PERP+0.0720%1h4.3318−0.069%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0905%8h4.3510+0.374%$464K$3.6M75xas long as short
Aftermath Perps NEARUSD+0.1153%1h4.3216−0.305%$5K$11K10xas long as short
Hyperliquid NEAR+0.1500%1h4.3434+0.198%$376.2M$296.1M10xas long as short
Lighter NEAR+0.2200%1h4.3457+0.251%$16.7M$23.6M15xas long as short