Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Aster−0.045%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$400.404% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 7 days−0.054%−$5 · spread now −0.045%, 7d avg −0.064%

Together, before fees−0.078%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NEARUSDT	4.4740	0.0100	pay 0.0100% / 8h	5h 46m	$2.6M	$4.7M	50x
Short	OKX NEAR-USDT-SWAP	4.4720	0.0100	get 0.0100% / 8h	5h 46m	$63.9M	$297.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee AsterbpFee OKXbpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → −0.064%: $1.89
Slippage, 4 orders: −$22.44
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$38.55
Costs to cover: 0.404%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; OKX: live order book, 6 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 Aster live order book, 5 min ago	2.23 bp	8.2 bp −$8	17.8 bp −$178	doesn't fit	doesn't fit
Sell OKX live order book, 6 min ago	1.11 bp	7.8 bp −$8	15.2 bp −$152	34.4 bp −$3,443	doesn't fit

NEAR on 45 exchanges

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	−0.0236%	1h	4.4721	−0.042%	$7.4M	$36.9M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.4709	−0.069%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4874	+0.300%	$110K	$53K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4844	+0.232%	$842K	$26.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4755	+0.034%	$168K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.443%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4730	−0.022%	$123K	$503K	50x	as long as short
Aster NEARUSDTlong	+0.0100%	8h	4.4740	long leg	$2.6M	$4.7M	50x
Binance NEARUSDT	+0.0100%	8h	4.4738	−0.005%	$271.4M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4730	−0.022%	$230.8M	$427.6M	75x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAPshort	+0.0100%	8h	4.4720	−0.045%	$63.9M	$297.4M	50x
Bulk NEAR-USD	+0.0100%	1h	4.4750	+0.022%	$267K	$12K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4717	−0.051%	$39.7M	$62.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4740	0.000%	$76.6M	$167.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4740	0.000%	$53.1M	$43.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4702	−0.085%	$74.2M	$126.3M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4720	−0.045%	—	$76.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4874	+0.299%	$8.9M	$16.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4861	+0.270%	$265K	$869K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4860	+0.268%	$1.5M	$1.7M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4790	+0.112%	$167K	$823K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4742	+0.004%	$277K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4786	+0.103%	$58K	$269K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4950	+0.469%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4755	+0.034%	$5K	$39K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4860	+0.268%	$465K	$3.7M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4790	+0.112%	$3.4M	$7.9M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.4716	−0.054%	$33K	$245	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4713	−0.061%	$3.8M	$15.0M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4749	+0.021%	$208K	$38K	3x	as long as short
Hyperliquid NEAR	+0.0177%	1h	4.4760	+0.045%	$360.6M	$314.8M	10x	as long as short
01 Exchange NEARUSD	+0.0208%	1h	4.4740	0.000%	$13K	$4K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4750	+0.022%	$12.8M	$32.4M	75x	as long as short
Nado NEAR-PERP	+0.0228%	1h	4.4750	+0.022%	$1.8M	$3.1M	10x	as long as short
Lighter NEAR	+0.0264%	1h	4.4767	+0.061%	$17.5M	$23.3M	15x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0341% / S −0.0226%	1h	4.4760	+0.045%	$262K	—	100x	as long as short
Arcus NEAR-USD	+0.0343%	1h	4.4750	+0.022%	$226K	$1.4M	10x	as long as short
Lighter RH NEAR	+0.0360%	1h	4.4770	+0.067%	$1.6M	$5.8M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0443%	1h	4.4791	+0.114%	$1.9M	$13.0M	25x	as long as short
RISEx NEAR/USDC	+0.0489%	1h	4.4737	−0.006%	$632K	$1.6M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0504%	1h	4.4815	+0.168%	$2.3M	$17.6M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0641%	1h	4.4791	+0.114%	$1.1M	$7.1M	20x	as long as short
Phoenix NEAR	+0.0741%	1h	4.5070	+0.738%	$1.7M	$2.7M	10x	as long as short
Pacifica NEAR	+0.0851%	1h	4.4737	−0.007%	$419K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1131%	1h	4.4863	+0.275%	$6K	$6K	10x	as long as short