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: Aster against SunX−0.046%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1571.570% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.225%−$23 · spread now −0.046%, 7d avg −0.090%
Together, before fees−0.211%+ Points / potential airdropAster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aster is 0.044% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.090%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% 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
LongSunX NEAR-USDT4.34400.0100pay 0.0100% / 8h3h 20m$2K$1.4M20x
ShortAster NEARUSDT4.34200.0331get 0.0331% / 8h3h 20m$2.9M$5.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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: −0.046% → −0.090%
$4.41
Slippage, 4 orders
−$140.99
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$104.03
Costs to cover
1.570%
Break-even
22.0 days
Slippage from SunX: live order book, 4 min ago; Aster: live order book, 3 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 SunX live order book, 4 min ago31.04 bp51.8 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 3 min ago3.46 bp12.2 bp −$1221.9 bp −$219doesn'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%1h4.3351−0.205%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3393−0.109%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3330−0.253%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.673%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3431−0.021%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3390−0.115%$110K$503K50xas long as short
Binance NEARUSDT+0.0100%8h4.3431−0.020%$265.6M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3389−0.117%$214.8M$428.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3380−0.138%$61.4M$291.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3250−0.437%$246K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3375−0.150%$32.0M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3430−0.023%$73.8M$145.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3380−0.138%$53.8M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3388−0.120%$71.5M$128.4M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3390−0.115%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3327−0.259%$8.2M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3292−0.342%$253K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3500+0.138%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3280−0.368%$166K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3406−0.078%$276K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3365−0.173%$57K$246K20xas long as short
SunX NEAR-USDTlong+0.0100%8h4.3440long leg$2K$1.4M20x
HTX NEAR-USDT+0.0100%8h4.3520+0.184%$472K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3380−0.138%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3349−0.210%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3328−0.259%$201K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3410−0.069%$13.4M$32.2M75xas long as short
Pacifica NEAR+0.0263%1h4.3405−0.080%$407K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0277%8h4.3354−0.198%$873K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3324−0.267%$234K100xas long as short
Aster NEARUSDTshort+0.0331%8h4.3420−0.046%$2.9M$5.5M50x
SoDEX NEAR-USD+0.0362%1h4.3335−0.242%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3385−0.127%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0574%1h4.3382−0.134%$1.3M$6.8M20xas long as short
Nado NEAR-PERP+0.0584%1h4.3357−0.190%$1.8M$3.1M10xas long as short
Hyperliquid NEAR+0.0596%1h4.3439−0.002%$355.6M$313.9M10xas long as short
Extended NEAR-USD+0.0616%1h4.3377−0.145%$3.8M$20.0M25xas long as short
Arcus NEAR-USD+0.0627%1h4.3400−0.092%$213K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0711%1h4.3338−0.235%$7.6M$39.3M50xas long as short
Lighter RH NEAR+0.0896%1h4.3461+0.048%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3290−0.345%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1096%1h4.3495+0.126%$17.5M$25.0M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3394−0.106%$686K$1.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1204%1h4.3390−0.115%$1.9M$9.5M25xas long as short
Aftermath Perps NEARUSD+0.1546%1h4.3401−0.089%$5K$13K10xas long as short