Funding arb · Price arb /

NEAR

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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: Aster against MEXC+0.178%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$260.263% of the position

Long on MEXC Short on Aster

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−0.103%−$10 · spread now +0.178%, 7d avg +0.042%

Together, before fees−0.049%+ Points / potential airdropAster: Stage 5 · farm board−$5 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 0.136% dearer against MEXC than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NEAR_USDT	4.1570	0.0100	pay 0.0100% / 8h	1h 45m	$81.8M	$141.0M	200x
Short	Aster NEARUSDT	4.1644	0.0100	get 0.0100% / 8h	1h 45m	$2.9M	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.178%Rate

Funding earned: $0
Price spread: +0.178% → +0.042%: $13.55
Slippage, 4 orders: −$18.25
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$12.7
Costs to cover: 0.263%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Aster: live order book, 3 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 MEXC live order book, 4 min ago	2.41 bp	2.4 bp −$2	3.7 bp −$37	11.7 bp −$1,173	44.4 bp −$22.2K
Sell Aster live order book, 3 min ago	3.61 bp	11.9 bp −$12	21.2 bp −$212	doesn't fit	doesn't fit

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	4.1556	−0.033%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0032%	1h	4.1481	−0.214%	$2.1M	$12.6M	50x	as long as short
Injective NEAR/USDC PERP	−0.0002%	1h	4.1410	−0.385%	$578	$302K	12x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.1585	+0.037%	$107K	$56K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.1516	−0.130%	$441K	$18.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1473	−0.233%	$205K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0049%	1h	4.1575	+0.013%	$7.5M	$36.8M	50x	as long as short
01 Exchange NEARUSD	+0.0064%	1h	4.1577	+0.017%	$12K	$7K	10x	as long as short
Lighter NEAR	+0.0096%	1h	4.1638	+0.164%	$15.3M	$22.5M	15x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.1570	0.000%	$111K	$483K	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_USDC	+0.0099%	8h	4.1551	−0.046%	$53K	$156K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1575	+0.012%	$30K	$647	10x	as long as short
Aster NEARUSDTshort	+0.0100%	8h	4.1644	+0.178%	$2.9M	$5.7M	50x
Pacifica NEAR	+0.0100%	1h	4.1611	+0.100%	$350K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.1575	+0.011%	$237.9M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.1550	−0.048%	$211.9M	$423.0M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1560	−0.024%	$56.9M	$274.7M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.1580	+0.024%	$308K	$1.6M	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.1594	+0.058%	$29.7M	$56.9M	75x	as long as short
MEXC NEAR_USDTlong	+0.0100%	8h	4.1570	long leg	$81.8M	$141.0M	200x
KuCoin NEARUSDTM	+0.0100%	8h	4.1610	+0.096%	$55.0M	$44.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1567	−0.007%	$69.0M	$125.7M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.1550	−0.048%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.1461	−0.261%	$7.7M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1534	−0.086%	$237K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1516	−0.130%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1500	−0.168%	$182K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1604	+0.082%	$198K	$3.1M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.1600	+0.072%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.1540	−0.072%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1540	−0.072%	$3.8M	$8.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1450	−0.289%	$236K	$4K	10x	as long as short
Lighter RH NEAR	+0.0104%	1h	4.1638	+0.164%	$1.4M	$6.9M	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1540	−0.072%	$3.8M	$14.6M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.1537	−0.079%	$200K	$62K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.1500	−0.168%	$12.3M	$33.4M	75x	as long as short
Hyperliquid NEAR	+0.0321%	1h	4.1663	+0.224%	$350.1M	$298.4M	10x	as long as short
RISEx NEAR/USDC	+0.0364%	1h	4.1592	+0.052%	$412K	$1.2M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0379% / S −0.0327%	1h	4.1474	−0.232%	$279K	—	100x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0448%	1h	4.1585	+0.036%	$1.8M	$2.1M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0449%	1h	4.1606	+0.087%	$1.2M	$5.7M	20x	as long as short
Nado NEAR-PERP	+0.0514%	1h	4.1557	−0.031%	$1.8M	$3.5M	10x	as long as short
Phoenix NEAR	+0.0542%	1h	4.1447	−0.296%	$1.7M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.0910%	1h	4.1475	−0.227%	$5K	$11K	10x	as long as short
HTX NEAR-USDT	+0.1010%	8h	4.1610	+0.096%	$446K	$3.6M	75x	as long as short