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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0142%/8h= +15.6% APRpaid last 24h +0.005%
Price spread now: Aster against ApeX Omni+0.377%49s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.499% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 4 days (all we have)−0.724%−$72 · spread now +0.377%, 7d avg −0.014%
Together, before fees−0.709%+ Points / potential airdropAster: Stage 5 · farm board−$71 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.391% dearer against ApeX Omni than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of −0.014%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.41600.0100pay 0.0013% / 1h28m 47s$172K$792K50x
ShortAster NEARUSDT4.43260.0242get 0.0242% / 8h5h 28m$3.0M$5.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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
$29.84
Price spread: +0.377% → −0.014%
$39.13
Slippage, 4 orders
−$31.93
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$19.04
Costs to cover
0.499%
Break-even
2.5 days
Slippage from ApeX Omni: live order book, 35 min ago; Aster: 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 ApeX Omni live order book, 35 min ago6.87 bp15.6 bp −$16102.6 bp −$1,026doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago2.25 bp9.6 bp −$1019.5 bp −$195doesn'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%1h4.4417+0.582%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.4412+0.571%$2.2M$14.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.4269+0.247%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4412+0.571%$606K$19.7M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.4447+0.651%$201K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.227%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4350+0.430%$116K$490K50xas long as short
Pacifica NEAR+0.0100%1h4.4277+0.264%$418K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4284+0.280%$268.8M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4263+0.233%$222.5M$419.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4240+0.181%$63.5M$293.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4421+0.590%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4293+0.301%$32.0M$62.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4250+0.204%$76.5M$143.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4290+0.294%$55.6M$44.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4267+0.242%$73.0M$127.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4270+0.249%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.4186+0.059%$8.7M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4477+0.719%$267K$989K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4180+0.045%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.4160long leg$172K$792K50x
Polymarket Perps NEAR-USD+0.0100%1h4.4456+0.670%$216K$3.7M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4445+0.645%$60K$195K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4490+0.747%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4425+0.600%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4520+0.815%$463K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4340+0.408%$3.9M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4255+0.216%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.4248+0.198%$3.8M$18.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4441+0.637%$207K$34K3xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0110%1h4.4466+0.693%$1.9M$4.4M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.4520+0.815%$13.7M$31.7M75xas long as short
Aster NEARUSDTshort+0.0242%8h4.4326+0.377%$3.0M$5.4M50x
GMX NEAR/USD [ETH-USDC]L +0.0352% / S −0.0245%1h4.4450+0.656%$261K100xas long as short
01 Exchange NEARUSD+0.0384%1h4.4354+0.439%$13K$7K10xas long as short
Nado NEAR-PERP+0.0385%1h4.4415+0.577%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0410%1h4.4310+0.340%$211K$1.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0564%1h4.4416+0.580%$1.4M$6.6M20xas long as short
Kraken Futures PF_NEARUSD+0.0693%1h4.4431+0.613%$8.3M$41.0M50xas long as short
Lighter RH NEAR+0.0712%1h4.4331+0.387%$1.6M$6.9M10xas long as short
Hyperliquid NEAR+0.0719%1h4.4326+0.376%$369.1M$309.1M10xas long as short
Phoenix NEAR+0.0855%1h4.4463+0.686%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.4321+0.365%$554K$1.3M10xas long as short
Lighter NEAR+0.1272%1h4.4343+0.415%$17.7M$25.9M15xas long as short
Aftermath Perps NEARUSD+0.1651%1h4.4260+0.226%$6K$12K10xas long as short