Funding you earn now, next payment 16:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.99 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Phemex−0.042%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$920.920% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)−0.185%−$19 · spread now −0.042%, 7d avg +0.034%
=Together, before fees−0.106%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.076% cheaper against Phemex than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.034%). If the spread goes back, that is −$8 on $10k: about 2.5 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.079% in total) that is about 6.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NEARUSDT | 4.4710 | 0.0001 | pay 0.0001% / 8h | 7h 14m | $3.6M | $7.7M | 50x |
| Short | Aster NEARUSDT | 4.4691 | 0.0100 | get 0.0100% / 8h | 7h 14m | $2.7M | $4.6M | 50x |
Phemex NEARUSDT
Aster NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.8
- Price spread: −0.042% → +0.034%
- −$7.56
- Slippage, 4 orders
- −$72.01
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$78.77
- Costs to cover
- 0.920%
- Break-even
- 33.5 days
Slippage from Phemex: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 5 min ago | 12.29 bp | 42.4 bp −$42 | 70.0 bp −$700 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 5.59 bp | 10.3 bp −$10 | 20.1 bp −$201 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0422% | 1h | 4.4729 | +0.042% | $7.4M | $38.5M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4638 | −0.160% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4822 | +0.250% | $109K | $53K | 10x | as long as short |
| Phemex NEARUSDTlong | +0.0001% | 8h | 4.4710 | long leg | $3.6M | $7.7M | 50x | |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4705 | −0.012% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.381% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4710 | 0.000% | $114K | $509K | 50x | as long as short |
| Aster NEARUSDTshort | +0.0100% | 8h | 4.4691 | −0.042% | $2.7M | $4.6M | 50x | |
| Binance NEARUSDT | +0.0100% | 8h | 4.4681 | −0.064% | $269.9M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4653 | −0.127% | $227.8M | $426.8M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4600 | −0.246% | $63.0M | $300.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.4760 | +0.112% | $228K | $1.4M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4704 | −0.013% | $38.0M | $63.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4690 | −0.045% | $88.5M | $162.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4650 | −0.134% | $52.9M | $45.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4650 | −0.134% | $73.7M | $127.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4710 | 0.000% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4848 | +0.310% | $9.3M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4625 | −0.191% | $259K | $896K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4607 | −0.230% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4610 | −0.224% | $168K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4715 | +0.011% | $279K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4730 | +0.045% | $57K | $239K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4790 | +0.179% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4745 | +0.078% | $5K | $49K | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4787 | +0.172% | $258K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4747 | +0.082% | $32K | $413 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4644 | −0.149% | $3.7M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4726 | +0.036% | $208K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0135% | 8h | 4.4774 | +0.143% | $903K | $25.4M | 2.2x | as long as short |
| Nado NEAR-PERP | +0.0215% | 1h | 4.4710 | 0.000% | $1.7M | $3.2M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4730 | +0.045% | $12.6M | $33.0M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0344% | 1h | 4.4747 | +0.083% | $13K | $6K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0359% / S −0.0261% | 1h | 4.4699 | −0.025% | $262K | — | 100x | as long as short |
| Hyperliquid NEAR | +0.0371% | 1h | 4.4778 | +0.152% | $364.5M | $318.1M | 10x | as long as short |
| Lighter RH NEAR | +0.0472% | 1h | 4.4799 | +0.199% | $1.6M | $6.5M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.4827 | +0.262% | $2.3M | $17.6M | 50x | as long as short |
| Lighter NEAR | +0.0488% | 1h | 4.4795 | +0.189% | $17.6M | $24.1M | 15x | as long as short |
| HTX NEAR-USDT | +0.0490% | 8h | 4.4800 | +0.201% | $472K | $3.7M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0593% | 1h | 4.4752 | +0.094% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.4700 | −0.023% | $606K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.4824 | +0.254% | $422K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.4814 | +0.233% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1124% | 1h | 4.4570 | −0.313% | $6K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1316% | 1h | 4.4782 | +0.161% | $1.9M | $13.1M | 25x | as long as short |
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Bulk NEAR-USD
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Kalshi KXNEARPERP
Nado NEAR-PERP
BloFin NEAR-USDT
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Hyperliquid NEAR
Lighter RH NEAR
Coinbase International NEAR-PERP-INTX
Lighter NEAR
HTX NEAR-USDT
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL