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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0276%/8h= −30.2% APRpaid last 24h −0.073%
Price spread now: Aster against GMX+0.013%51s7-day average +0.064% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.192%−$19 on $10k
Price spread, last 3 days (all we have)+0.018%+$2 · spread now +0.013%, 7d avg +0.064%
Together, before fees−0.174%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aster is 0.052% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.064%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX NEAR/USD [ETH-USDC]4.2968L +0.0376% / S −0.0308%pay 0.0047% / 1h0m 38s$275K100x
ShortAster NEARUSDT4.29740.0100get 0.0100% / 8h7h 00m$3.0M$5.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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
−$57.86
Price spread: +0.013% → +0.064%
−$5.18
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$83.04
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Aster: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Aster live order book, 3 min ago3.47 bp9.7 bp −$1017.9 bp −$179doesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.2918−0.116%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.2897−0.166%$7.9M$38.0M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2854−0.266%$2.1M$13.1M50xas long as short
Kalshi KXNEARPERP0.0000%8h4.2977+0.020%$379K$18.8M2.2xas long as short
dYdX NEAR-USD+0.0004%1h4.2931−0.086%$111K$64K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2982+0.032%$157K150xas long as short
Variational Omni NEAR+0.0016%8h4.2957−0.025%$8.2M$18.8Mas long as short
Phemex NEARUSDT+0.0018%8h4.2910−0.135%$3.8M$8.4M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.626%$578$302K12xas long as short
01 Exchange NEARUSD+0.0056%1h4.2963−0.012%$13K$7K10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.2950−0.042%$114K$473K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.2978+0.023%$57K$162K20xas long as short
Aster NEARUSDTshort+0.0100%8h4.2974+0.013%$3.0M$5.8M50x
Pacifica NEAR+0.0100%1h4.2969+0.002%$400K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2952−0.037%$256.5M$1.05B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2943−0.059%$218.9M$416.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2940−0.066%$60.6M$275.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2980+0.027%$204K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3243+0.639%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2953−0.035%$30.8M$61.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2940−0.066%$73.3M$142.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2950−0.042%$55.6M$42.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2926−0.098%$71.0M$122.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2960−0.019%$142.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.3202+0.544%$257K$1.1M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3356+0.902%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3200+0.539%$177K$777K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2957−0.026%$207K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2980+0.027%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2900−0.159%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2980+0.027%$453K$3.6M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2942−0.062%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.2944−0.056%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2952−0.037%$200K$31K3xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0216%1h4.2981+0.030%$1.9M$3.9M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.2890−0.182%$13.1M$27.5M75xas long as short
GMX NEAR/USD [ETH-USDC]longL +0.0376% / S −0.0308%1h4.2968long leg$275K100x
Nado NEAR-PERP+0.0427%1h4.2930−0.089%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.2981+0.031%$410K$1.2M10xas long as short
Hyperliquid NEAR+0.0468%1h4.3013+0.104%$364.5M$302.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0494%1h4.2955−0.031%$1.3M$5.9M20xas long as short
Phoenix NEAR+0.0499%1h4.3191+0.518%$1.8M$2.7M10xas long as short
Lighter RH NEAR+0.0520%1h4.3011+0.100%$1.6M$7.0M10xas long as short
Aftermath Perps NEARUSD+0.1478%1h4.3199+0.538%$5K$12K10xas long as short
Lighter NEAR+0.1760%1h4.3090+0.283%$17.2M$24.8M15xas long as short