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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0145%/8h= −15.8% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against Aster−0.185%79s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.502% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.185%, 7d avg +0.027%
Together, before fees+0.352%+ Points / potential airdropAster: Stage 5 · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.212% cheaper against Aster than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.027%). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NEARUSDT4.32300.0245pay 0.0245% / 8h58m 06s$2.7M$4.9M50x
ShortApeX Omni NEARUSDT4.31500.0100get 0.0013% / 1h58m 06s$163K$804K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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
−$30.37
Price spread: −0.185% → +0.027%
−$21.24
Slippage, 4 orders
−$32.24
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$101.85
Costs to cover
0.502%
Break-even
never at this rate
Slippage from Aster: live order book, 6 min ago; ApeX Omni: live order book, 46 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 Aster live order book, 6 min ago3.47 bp10.1 bp −$1021.4 bp −$214doesn't fitdoesn't fit
Sell ApeX Omni live order book, 46 min ago6.68 bp14.7 bp −$1581.4 bp −$814doesn'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%1h4.3153−0.179%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3105−0.289%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3179−0.119%$162K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3212−0.041%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.210%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3160−0.162%$105K$492K50xas long as short
Bybit NEARUSDT+0.0100%8h4.32300.000%$218.5M$431.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3220−0.023%$60.7M$290.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3150−0.184%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3227−0.007%$35.2M$61.5M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3240+0.023%$52.4M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3227−0.007%$71.6M$128.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.3137−0.214%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3156−0.170%$250K$907K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3153−0.177%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.3150−0.185%$163K$804K50x
Polymarket Perps NEAR-USD+0.0100%1h4.3188−0.097%$278K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.32300.000%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3310+0.185%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3225−0.012%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3260+0.069%$457K$3.8M75xas long as short
Phemex NEARUSDT+0.0100%8h4.32300.000%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0103%8h4.3126−0.240%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3200−0.069%$3.6M$17.8M25xas long as short
Aevo NEAR-PERP+0.0136%1h4.3242+0.028%$201K$38K3xas long as short
BingX NEAR-USDT+0.0203%8h4.3240+0.023%$144.8Mas long as short
Kalshi KXNEARPERP+0.0209%8h4.3114−0.268%$937K$25.1M2.2xas long as short
MEXC NEAR_USDT+0.0212%8h4.3250+0.046%$76.2M$147.8M200xas long as short
Binance NEARUSDT+0.0214%8h4.3250+0.046%$262.8M$1.09B75xas long as short
Aster NEARUSDTlong+0.0245%8h4.3230long leg$2.7M$4.9M50x
GMX NEAR/USD [ETH-USDC]L +0.0313% / S −0.0201%1h4.3180−0.116%$231K100xas long as short
BloFin NEAR-USDT+0.0333%8h4.3130−0.231%$13.4M$31.9M75xas long as short
Backpack NEAR_USDC_PERP+0.0386%1h4.3279+0.113%$1.3M$7.0M20xas long as short
01 Exchange NEARUSD+0.0408%1h4.3190−0.093%$13K$7K10xas long as short
Nado NEAR-PERP+0.0451%1h4.3155−0.173%$1.6M$3.2M10xas long as short
Hyperliquid NEAR+0.0483%1h4.3273+0.098%$351.3M$315.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.32300.000%$2.3M$16.6M50xas long as short
Arcus NEAR-USD+0.0638%1h4.3180−0.116%$227K$1.6M10xas long as short
Lighter NEAR+0.0704%1h4.3284+0.126%$17.0M$24.8M15xas long as short
Lighter RH NEAR+0.0792%1h4.3287+0.132%$1.5M$6.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0931%1h4.3252+0.051%$1.9M$13.0M25xas long as short
Pacifica NEAR+0.0949%1h4.3130−0.231%$406K$1.5M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3175−0.128%$655K$1.4M10xas long as short
Phoenix NEAR+0.1003%1h4.3312+0.190%$1.8M$2.3M10xas long as short
Aftermath Perps NEARUSD+0.1279%1h4.3268+0.089%$5K$12K10xas long as short