NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0232%/8h= −25.4% APRnext payment −$2.32 per $10,000 · paid last 24h −0.014%

Price spread now: Bybit against Aster−0.014%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$370.370% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$8 on $10k

Price spread, last 7 days−0.068%−$7 · spread now −0.014%, 7d avg −0.063%

Together, before fees−0.144%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.049% dearer against Aster than usual: you sell high and buy low (spread −0.014% now, against its 7-day average of −0.063%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.075% in total) that is about 4.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.075% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NEARUSDT	4.3600	0.0332	pay 0.0332% / 8h	3h 27m	$2.9M	$5.5M	50x
Short	Bybit NEARUSDT	4.3594	0.0100	get 0.0100% / 8h	3h 27m	$216.0M	$428.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$48.62
Price spread: −0.014% → −0.063%: $4.93
Slippage, 4 orders: −$18.01
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$80.7
Costs to cover: 0.370%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; Bybit: live order book, 2 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, 1 min ago	4.59 bp	10.0 bp −$10	20.7 bp −$207	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	1.15 bp	8.2 bp −$8	12.7 bp −$127	32.8 bp −$3,277	141.1 bp −$70.5K

NEAR on 45 venues

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
Reya NEARRUSDPERP	−0.0171%	1h	4.3537	−0.145%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3529	−0.163%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3517	−0.191%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.023%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3653	+0.122%	$2.4M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3590	−0.023%	$110K	$502K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3632	+0.074%	$267.5M	$1.09B	75x	as long as short
Bybit NEARUSDTshort	+0.0100%	8h	4.3594	−0.014%	$216.0M	$428.2M	75x
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3600	0.000%	$61.8M	$293.3M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3412	−0.431%	$247K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3559	−0.094%	$32.3M	$61.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3590	−0.023%	$73.3M	$145.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3590	−0.023%	$54.0M	$46.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3554	−0.106%	$71.6M	$129.0M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3570	−0.069%	—	$145.9M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3637	+0.086%	$8.4M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3625	+0.058%	$255K	$946K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3589	−0.024%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3600	0.000%	$168K	$798K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3587	−0.030%	$280K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3546	−0.124%	$58K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3660	+0.138%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3690	+0.206%	$474K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3550	−0.115%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3543	−0.131%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3558	−0.095%	$203K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3630	+0.069%	$13.6M	$32.4M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3583	−0.039%	$409K	$1.3M	10x	as long as short
Kalshi KXNEARPERP	+0.0283%	8h	4.3581	−0.044%	$783K	$23.3M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0326% / S −0.0203%	1h	4.3514	−0.198%	$236K	—	100x	as long as short
Aster NEARUSDTlong	+0.0332%	8h	4.3600	long leg	$2.9M	$5.5M	50x
SoDEX NEAR-USD	+0.0382%	1h	4.3519	−0.186%	$8K	$49K	10x	as long as short
01 Exchange NEARUSD	+0.0528%	1h	4.3642	+0.096%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0563%	1h	4.3573	−0.062%	$1.3M	$6.7M	20x	as long as short
Nado NEAR-PERP	+0.0567%	1h	4.3580	−0.046%	$1.8M	$3.2M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3610	+0.023%	$214K	$1.6M	10x	as long as short
Hyperliquid NEAR	+0.0640%	1h	4.3613	+0.030%	$357.6M	$317.7M	10x	as long as short
Extended NEAR-USD	+0.0648%	1h	4.3542	−0.132%	$3.8M	$20.0M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0708%	1h	4.3527	−0.167%	$7.6M	$39.4M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0853%	1h	4.3549	−0.117%	$1.9M	$9.0M	25x	as long as short
Lighter RH NEAR	+0.0904%	1h	4.3630	+0.069%	$1.5M	$7.4M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3543	−0.131%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.1120%	1h	4.3630	+0.069%	$17.6M	$25.0M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3600	−0.001%	$683K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1549%	1h	4.3533	−0.154%	$5K	$12K	10x	as long as short