Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.014%

Price spread now: Orderly against Aster−0.058%7-day average −0.055% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 3 days (all we have)+0.109%+$11 · spread now −0.058%, 7d avg −0.055%

Together, before fees+0.031%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NEARUSDT	4.2990	0.0100	pay 0.0100% / 8h	19m 06s	$3.0M	$5.7M	50x
Short	Orderly PERP_NEAR_USDC	4.2965	0.0100	get 0.0100% / 8h	19m 06s	$57K	$194K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.058%Rate

Funding earned: −$0.09
Price spread: −0.058% → −0.055%: −$0.28
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$14.37
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.

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, 5 min ago	3.51 bp	11.4 bp −$11	19.4 bp −$194	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.2937	−0.124%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0072%	1h	4.2840	−0.349%	$2.3M	$13.1M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2954	−0.085%	$111K	$62K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2905	−0.198%	$359K	$18.8M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2942	−0.111%	$202K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.675%	$578	$302K	12x	as long as short
Bybit NEARUSDT	+0.0055%	8h	4.2790	−0.465%	$218.3M	$422.5M	75x	as long as short
Variational Omni NEAR	+0.0056%	8h	4.2869	−0.281%	$7.9M	$18.5M	—	as long as short
01 Exchange NEARUSD	+0.0080%	1h	4.3002	+0.028%	$13K	$7K	10x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2990	0.000%	$109K	$496K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_NEAR_USDCshort	+0.0100%	8h	4.2965	−0.058%	$57K	$194K	20x
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2963	−0.063%	$31K	$647	10x	as long as short
Aster NEARUSDTlong	+0.0100%	8h	4.2990	long leg	$3.0M	$5.7M	50x
Pacifica NEAR	+0.0100%	1h	4.2967	−0.055%	$402K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2828	−0.378%	$253.2M	$1.08B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2790	−0.465%	$61.1M	$286.4M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2980	−0.023%	$197K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2950	−0.093%	$245K	$2K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2793	−0.458%	$30.7M	$60.0M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2790	−0.465%	$78.2M	$142.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2970	−0.047%	$55.8M	$43.4M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2800	−0.442%	$71.1M	$126.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2790	−0.465%	—	$140.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2658	−0.772%	$243K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2722	−0.624%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2690	−0.698%	$178K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3011	+0.049%	$191K	$3.4M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3010	+0.047%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2875	−0.268%	$4K	$54K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2810	−0.419%	$3.8M	$8.6M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2939	−0.119%	$3.9M	$16.1M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2945	−0.104%	$203K	$66K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0118%	1h	4.2876	−0.266%	$7.6M	$37.5M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2810	−0.419%	$13.0M	$29.4M	75x	as long as short
Lighter RH NEAR	+0.0320%	1h	4.2873	−0.272%	$1.5M	$7.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0376% / S −0.0314%	1h	4.2931	−0.136%	$275K	—	100x	as long as short
RISEx NEAR/USDC	+0.0404%	1h	4.3000	+0.024%	$419K	$1.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0425%	1h	4.2995	+0.012%	$1.9M	$2.5M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0462%	1h	4.2841	−0.347%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0463%	1h	4.2939	−0.119%	$1.8M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0678%	1h	4.2957	−0.077%	$1.9M	$3.4M	10x	as long as short
Hyperliquid NEAR	+0.0719%	1h	4.2845	−0.337%	$367.0M	$299.6M	10x	as long as short
HTX NEAR-USDT	+0.0795%	8h	4.3060	+0.163%	$463K	$3.7M	75x	as long as short
Aftermath Perps NEARUSD	+0.1148%	1h	4.2803	−0.436%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1688%	1h	4.2908	−0.191%	$16.5M	$23.9M	15x	as long as short