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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Aster−0.775%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$490.489% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.021%−$2 on $10k
Price spread, last 4 days (all we have)+0.955%+$96 · spread now −0.775%, 7d avg −0.033%
Together, before fees+0.934%+ Points / potential airdropAster: Stage 5 · farm board+$93 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: Bulk is 0.742% cheaper against Aster than usual: you would sell low and buy high, −$74 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NEARUSDT4.40920.0100pay 0.0100% / 8h7h 24m$2.7M$4.7M50x
ShortBulk NEAR-USD4.37500.0100get 0.0013% / 1h24m 11s$252K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
$0
Price spread: −0.775% → −0.033%
−$74.21
Slippage, 4 orders
−$33.92
Fee Aster: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$123.13
Costs to cover
0.489%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; Bulk: live order book, 10 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, 5 min ago1.14 bp12.0 bp −$1222.3 bp −$223doesn't fitdoesn't fit
Sell Bulk live order book, 10 min ago11.48 bp15.0 bp −$1529.3 bp −$29337.1 bp −$3,70858.5 bp −$29.2K

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
Kraken Futures PF_NEARUSD−0.0428%1h4.4136+0.101%$7.3M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4118+0.059%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3957−0.305%$107K$65K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3928−0.371%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.082%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4170+0.178%$121K$504K50xas long as short
Aster NEARUSDTlong+0.0100%8h4.4092long leg$2.7M$4.7M50x
Binance NEARUSDT+0.0100%8h4.4106+0.033%$266.1M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4070−0.049%$221.9M$427.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4070−0.049%$62.4M$297.4M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.4200+0.246%$224K$1.5M10xas long as short
Bulk NEAR-USDshort+0.0100%1h4.3750−0.775%$252K$3K10x
Gate NEAR_USDT+0.0100%8h4.4078−0.031%$37.0M$62.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4110+0.042%$90.5M$158.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4140+0.110%$53.0M$45.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4087−0.011%$72.7M$127.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4100+0.019%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3876−0.488%$9.1M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3804−0.653%$254K$892K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3851−0.547%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3760−0.752%$165K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4145+0.121%$275K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4166+0.169%$57K$238K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4210+0.268%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4139+0.107%$5K$49K10xas long as short
Phemex NEARUSDT+0.0100%8h4.4110+0.042%$3.5M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3951−0.318%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.4121+0.067%$3.7M$15.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4150+0.132%$205K$38K3xas long as short
Kalshi KXNEARPERP+0.0138%8h4.3966−0.285%$872K$25.5M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.4010−0.185%$12.7M$32.4M75xas long as short
Nado NEAR-PERP+0.0239%1h4.4124+0.074%$1.7M$3.2M10xas long as short
Hyperliquid NEAR+0.0262%1h4.4131+0.089%$357.1M$314.6M10xas long as short
01 Exchange NEARUSD+0.0320%1h4.4221+0.293%$13K$6K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0356% / S −0.0232%1h4.4146+0.124%$272K100xas long as short
Lighter RH NEAR+0.0424%1h4.4186+0.214%$1.5M$6.5M10xas long as short
Lighter NEAR+0.0464%1h4.4188+0.220%$17.4M$24.0M15xas long as short
HTX NEAR-USDT+0.0469%8h4.4160+0.155%$467K$3.7M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.4018−0.167%$2.3M$17.3M50xas long as short
Backpack NEAR_USDC_PERP+0.0533%1h4.4138+0.105%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.4189+0.221%$596K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.3951−0.320%$414K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3857−0.532%$1.8M$2.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0860%1h4.4197+0.239%$1.9M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1033%1h4.3856−0.535%$5K$7K10xas long as short