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−0.0203%/8h= −22.2% APRnext payment $2.03 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against Aster+0.045%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 7 days−0.079%−$8 · spread now +0.045%, 7d avg −0.032%
Together, before fees−0.133%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.077% dearer against Aster than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.032%): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.054% in total) that is about 10.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.03 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
LongAster NEARUSDT4.40600.0303pay 0.0303% / 8h4h 20m$3.0M$5.5M50x
ShortBinance NEARUSDT4.40800.0100get 0.0100% / 8h4h 20m$270.7M$1.10B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$42.6
Price spread: +0.045% → −0.032%
$7.7
Slippage, 4 orders
−$18.23
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$71.12
Costs to cover
0.362%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; Binance: live order book, 8 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, 3 min ago4.52 bp11.2 bp −$1119.4 bp −$194doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago1.14 bp8.2 bp −$812.4 bp −$12434.2 bp −$3,422105.8 bp −$52.9K

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%1h4.4067+0.015%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4022−0.086%$2.3M$15.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.4022−0.087%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4109+0.111%$600K$22.1M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4052−0.017%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.015%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4070+0.023%$113K$518K50xas long as short
Pacifica NEAR+0.0100%1h4.4054−0.014%$421K$1.2M10xas long as short
Binance NEARUSDTshort+0.0100%8h4.4080+0.045%$270.7M$1.10B75x
Bybit NEARUSDT+0.0100%8h4.4020−0.091%$221.4M$424.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.40600.000%$62.6M$299.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4098+0.087%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4032−0.064%$32.0M$63.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4090+0.068%$74.4M$149.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4080+0.045%$54.6M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4024−0.082%$72.4M$130.4M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4030−0.068%$147.5Mas long as short
Variational Omni NEAR+0.0100%8h4.4057−0.007%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4206+0.331%$265K$977K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4210+0.340%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4050−0.023%$169K$802K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4108+0.109%$232K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4075+0.034%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4180+0.272%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4140+0.182%$457K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4110+0.113%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4078+0.040%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4105+0.102%$205K$40K3xas long as short
SoDEX NEAR-USD+0.0106%1h4.4055−0.011%$8K$52K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4110+0.113%$13.9M$32.8M75xas long as short
Backpack NEAR_USDC_PERP+0.0296%1h4.4099+0.089%$1.4M$6.5M20xas long as short
Aster NEARUSDTlong+0.0303%8h4.4060long leg$3.0M$5.5M50x
Hyperliquid NEAR+0.0305%1h4.4084+0.054%$363.6M$324.6M10xas long as short
01 Exchange NEARUSD+0.0320%1h4.4130+0.159%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0190%1h4.4035−0.057%$233K100xas long as short
Extended NEAR-USD+0.0352%1h4.4028−0.072%$3.9M$19.7M25xas long as short
Nado NEAR-PERP+0.0536%1h4.4067+0.017%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4130+0.159%$218K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0589%1h4.4086+0.060%$8.1M$39.7M50xas long as short
Lighter RH NEAR+0.0608%1h4.4108+0.109%$1.5M$7.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0749%1h4.4093+0.075%$2.0M$7.3M25xas long as short
Phoenix NEAR+0.0794%1h4.4289+0.520%$1.8M$2.8M10xas long as short
Lighter NEAR+0.0920%1h4.4101+0.094%$17.8M$26.5M15xas long as short
RISEx NEAR/USDC+0.0926%1h4.4128+0.155%$588K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1487%1h4.4118+0.131%$5K$12K10xas long as short