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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Aster against Bulk−0.889%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$480.476% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.625%+$63 · spread now −0.889%, 7d avg +0.040%
Together, before fees+0.647%+ Points / potential airdropAster: Stage 5 · farm board+$65 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.929% cheaper against Bulk than usual: you would sell low and buy high, −$93 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk NEAR-USD4.27090.0100pay 0.0013% / 1h33m 20s$243K−$010x
ShortAster NEARUSDT4.23300.0100get 0.0100% / 8h7h 33m$2.9M$5.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bulk. 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
$0
Price spread: −0.889% → +0.040%
−$92.87
Slippage, 4 orders
−$32.6
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$140.47
Costs to cover
0.476%
Break-even
never at this rate
Slippage from Bulk: live order book, 41 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 Bulk live order book, 41 min ago11.72 bp15.2 bp −$1515.2 bp −$15234.3 bp −$3,43465.7 bp −$32.9K
Sell Aster live order book, 5 min ago3.52 bp8.7 bp −$917.7 bp −$177doesn'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
Bybit NEARUSDT−0.0180%8h4.2300−0.959%$214.3M$418.1M75xas long as short
Reya NEARRUSDPERP−0.0171%1h4.2320−0.911%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0133%1h4.2227−1.129%$7.1M$37.5M50xas long as short
Gate NEAR_USDT−0.0118%8h4.2316−0.921%$30.4M$59.2M75xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2210−1.170%$2.2M$12.9M50xas long as short
01 Exchange NEARUSD−0.0032%1h4.2319−0.914%$12K$7K10xas long as short
Variational Omni NEAR−0.0004%8h4.2298−0.962%$7.9M$18.8Mas long as short
dYdX NEAR-USD0.0000%1h4.2302−0.954%$110K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2208−1.174%$418K$18.6M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2322−0.908%$201K150xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.043%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2340−0.865%$110K$481K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.2334−0.879%$56K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0099%8h4.2320−0.911%$31K$64710xas long as short
Aster NEARUSDTshort+0.0100%8h4.2330−0.889%$2.9M$5.7M50x
Pacifica NEAR+0.0100%1h4.2317−0.918%$396K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2323−0.904%$250.8M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2310−0.935%$59.6M$275.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2350−0.842%$194K$1.8M10xas long as short
Bulk NEAR-USDlong+0.0100%1h4.2709long leg$243K−$010x
MEXC NEAR_USDT+0.0100%8h4.2330−0.889%$76.1M$139.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2350−0.842%$55.6M$43.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2316−0.921%$70.1M$124.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2300−0.959%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2143−1.327%$261K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2147−1.317%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2520−0.444%$178K$788K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2338−0.870%$199K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2280−1.006%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2220−1.146%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2290−0.982%$453K$3.6M75xas long as short
Extended NEAR-USD+0.0104%1h4.2301−0.956%$3.8M$16.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2329−0.891%$197K$28K3xas long as short
Hyperliquid NEAR+0.0142%1h4.2381−0.769%$355.3M$303.8M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2180−1.240%$13.1M$28.0M75xas long as short
Lighter RH NEAR+0.0336%1h4.2331−0.886%$1.6M$6.9M10xas long as short
Phemex NEARUSDT+0.0337%8h4.2280−1.006%$3.8M$8.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0371% / S −0.0308%1h4.2310−0.935%$270K100xas long as short
Backpack NEAR_USDC_PERP+0.0378%1h4.2298−0.963%$1.4M$5.7M20xas long as short
RISEx NEAR/USDC+0.0428%1h4.2350−0.842%$400K$1.2M10xas long as short
Nado NEAR-PERP+0.0498%1h4.2300−0.959%$1.8M$3.2M10xas long as short
Phoenix NEAR+0.0499%1h4.2201−1.191%$1.7M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0555%1h4.2271−1.027%$1.9M$3.2M25xas long as short
Aftermath Perps NEARUSD+0.1342%1h4.2473−0.553%$5K$12K10xas long as short
Lighter NEAR+0.1928%1h4.2445−0.620%$17.0M$24.1M15xas long as short