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−0.0231%/8h= −25.3% APRnext payment $2.31 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against Aster+0.025%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.373% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 7 days−0.086%−$9 · spread now +0.025%, 7d avg −0.031%
Together, before fees−0.140%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.056% dearer against Aster than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.031%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.054% in total) that is about 7.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.31 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
LongAster NEARUSDT4.33690.0331pay 0.0331% / 8h3h 21m$2.8M$5.5M50x
ShortBinance NEARUSDT4.33800.0100get 0.0100% / 8h3h 21m$265.8M$1.09B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$48.55
Price spread: +0.025% → −0.031%
$5.59
Slippage, 4 orders
−$19.26
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$80.21
Costs to cover
0.373%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; Binance: live order book, 8 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, 2 min ago3.46 bp8.8 bp −$921.1 bp −$211doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago1.15 bp8.6 bp −$914.1 bp −$14135.0 bp −$3,505111.6 bp −$55.8K

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%1h4.3351−0.042%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3393+0.054%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3330−0.090%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.518%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3431+0.142%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3390+0.048%$110K$503K50xas long as short
Binance NEARUSDTshort+0.0100%8h4.3380+0.025%$265.8M$1.09B75x
Bybit NEARUSDT+0.0100%8h4.3336−0.077%$214.5M$428.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3340−0.067%$61.4M$291.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3250−0.274%$246K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3345−0.056%$32.0M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3400+0.071%$73.8M$145.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3410+0.094%$53.8M$46.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3328−0.095%$71.5M$128.4M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3360−0.021%$145.8Mas long as short
Variational Omni NEAR+0.0100%8h4.3627+0.594%$8.4M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3292−0.179%$253K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3500+0.302%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3280−0.206%$166K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3406+0.085%$276K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3365−0.010%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3440+0.163%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3520+0.348%$472K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3380+0.025%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3349−0.047%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3328−0.096%$201K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3260−0.252%$13.4M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3405+0.083%$407K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0276%8h4.3240−0.298%$873K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3324−0.104%$234K100xas long as short
Aster NEARUSDTlong+0.0331%8h4.3369long leg$2.8M$5.5M50x
SoDEX NEAR-USD+0.0362%1h4.3335−0.079%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3385+0.036%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0570%1h4.3322−0.109%$1.3M$6.7M20xas long as short
Nado NEAR-PERP+0.0584%1h4.3357−0.027%$1.8M$3.1M10xas long as short
Hyperliquid NEAR+0.0598%1h4.3402+0.076%$355.3M$313.9M10xas long as short
Extended NEAR-USD+0.0616%1h4.3327−0.098%$3.8M$20.0M25xas long as short
Arcus NEAR-USD+0.0627%1h4.3400+0.071%$213K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0711%1h4.3338−0.073%$7.6M$39.3M50xas long as short
Lighter RH NEAR+0.0880%1h4.3428+0.135%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3290−0.183%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1104%1h4.3445+0.175%$17.5M$25.0M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3394+0.057%$686K$1.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1204%1h4.3390+0.048%$1.9M$9.5M25xas long as short
Aftermath Perps NEARUSD+0.1546%1h4.3401+0.074%$5K$13K10xas long as short