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−0.0235%/8h= −25.7% APRnext payment $2.35 per $10,000 · paid last 24h +0.124%
Price spread now: HTX against Aster+0.049%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$630.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.556%+$56 on $10k
Price spread, last 4 days (all we have)+0.367%+$37 · spread now +0.049%, 7d avg +0.187%
Together, before fees+0.923%+ Points / potential airdropAster: Stage 5 · farm board+$92 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and HTX is 0.139% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.187%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.556%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NEARUSDT4.33790.0335pay 0.0335% / 8h3h 13m$2.8M$5.5M50x
ShortHTX NEAR-USDT4.34000.0100get 0.0100% / 8h3h 13m$468K$3.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$49.32
Price spread: +0.049% → +0.187%
−$13.88
Slippage, 4 orders
−$43.2
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$126.4
Costs to cover
0.632%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; HTX: live order book, 5 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 ago3.45 bp10.9 bp −$1120.6 bp −$206doesn't fitdoesn't fit
Sell HTX live order book, 5 min ago5.74 bp26.0 bp −$2678.5 bp −$785doesn'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%1h4.3308−0.163%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3311−0.156%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3297−0.188%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.539%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3493+0.263%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3320−0.136%$110K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3386+0.016%$265.2M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3332−0.108%$214.4M$425.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3360−0.044%$61.4M$288.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3250−0.297%$246K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3335−0.101%$32.1M$62.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3360−0.044%$73.7M$146.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3390+0.025%$53.8M$45.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3367−0.028%$71.5M$127.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3360−0.044%$144.8Mas long as short
Variational Omni NEAR+0.0100%8h4.3447+0.158%$8.2M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3528+0.343%$254K$951K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3530+0.349%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3500+0.279%$167K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3343−0.083%$273K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3339−0.092%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3410+0.072%$1K$1.4M20xas long as short
HTX NEAR-USDTshort+0.0100%8h4.3400+0.049%$468K$3.9M75x
Phemex NEARUSDT+0.0100%8h4.3340−0.090%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3300−0.181%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3350−0.067%$202K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3410+0.072%$13.5M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3341−0.087%$401K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0273%8h4.3322−0.131%$870K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3289−0.207%$234K100xas long as short
Aster NEARUSDTlong+0.0335%8h4.3379long leg$2.8M$5.5M50x
SoDEX NEAR-USD+0.0355%1h4.3315−0.147%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3345−0.078%$13K$7K10xas long as short
Nado NEAR-PERP+0.0564%1h4.3322−0.132%$1.8M$3.1M10xas long as short
Hyperliquid NEAR+0.0575%1h4.3405+0.060%$355.4M$314.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0590%1h4.3380+0.002%$1.3M$6.8M20xas long as short
Extended NEAR-USD+0.0592%1h4.3361−0.041%$3.8M$19.9M25xas long as short
Arcus NEAR-USD+0.0627%1h4.3360−0.044%$213K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0711%1h4.3330−0.112%$7.6M$39.0M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0812%1h4.3343−0.083%$1.9M$9.6M25xas long as short
Lighter RH NEAR+0.0920%1h4.3387+0.019%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3602+0.514%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1080%1h4.3430+0.118%$17.5M$25.1M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3351−0.065%$681K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1581%1h4.3409+0.070%$5K$13K10xas long as short