Funding you earn now, next payment 08:00 UTC+0.0209%/8h= +22.9% APRnext payment +$2.09 per $10,000 · paid last 24h +0.005%
Price spread now: Aster against Phemex−0.160%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1161.157% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now −0.160%, 7d avg +0.047%
=Together, before fees+0.095%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.207% cheaper against Phemex than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of +0.047%). If the spread goes back, that is −$21 on $10k: about 3.3 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.079% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.09 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 | Phemex NEARUSDT | 4.3580 | 0.0100 | pay 0.0100% / 8h | 3h 47m | $3.7M | $8.3M | 50x |
| Short | Aster NEARUSDT | 4.3510 | 0.0309 | get 0.0309% / 8h | 3h 47m | $2.9M | $5.6M | 50x |
Phemex NEARUSDT
Aster NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $43.84
- Price spread: −0.160% → +0.047%
- −$20.69
- Slippage, 4 orders
- −$95.69
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$92.54
- Costs to cover
- 1.157%
- Break-even
- 21.8 days
Slippage from Phemex: live order book, 6 min ago; Aster: live order book, 1 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 Phemex live order book, 6 min ago | 2.30 bp | 51.1 bp −$51 | 101.6 bp −$1,016 | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 3.44 bp | 9.6 bp −$10 | 20.3 bp −$203 | 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 | 4.3558 | −0.051% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3569 | −0.026% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3503 | −0.176% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.979% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3594 | +0.032% | $2.3M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3570 | −0.023% | $108K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3455 | −0.287% | $267.2M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3401 | −0.411% | $218.4M | $424.5M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3400 | −0.413% | $62.0M | $291.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3771 | +0.439% | $249K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3461 | −0.273% | $31.8M | $60.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3510 | −0.161% | $73.8M | $143.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3500 | −0.184% | $54.2M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3389 | −0.438% | $71.2M | $128.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3400 | −0.413% | — | $146.1M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3497 | −0.190% | $8.4M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3582 | +0.005% | $255K | $948K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3520 | −0.138% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3560 | −0.046% | $167K | $801K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3607 | +0.062% | $245K | $3.8M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3543 | −0.085% | $56K | $245K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3670 | +0.207% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3670 | +0.207% | $457K | $4.0M | 75x | as long as short |
| Phemex NEARUSDTlong | +0.0100% | 8h | 4.3580 | long leg | $3.7M | $8.3M | 50x | |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3575 | −0.012% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3553 | −0.061% | $202K | $40K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0127% | 8h | 4.3589 | +0.021% | $581K | $22.7M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3570 | −0.023% | $13.8M | $32.3M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3621 | +0.094% | $414K | $1.2M | 10x | as long as short |
| Aster NEARUSDTshort | +0.0309% | 8h | 4.3510 | −0.160% | $2.9M | $5.6M | 50x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0319% / S −0.0191% | 1h | 4.3507 | −0.168% | $231K | — | 100x | as long as short |
| SoDEX NEAR-USD | +0.0394% | 1h | 4.3517 | −0.145% | $8K | $52K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0512% | 1h | 4.3597 | +0.039% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0523% | 1h | 4.3533 | −0.108% | $1.4M | $6.5M | 20x | as long as short |
| Hyperliquid NEAR | +0.0589% | 1h | 4.3432 | −0.340% | $357.5M | $318.7M | 10x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3610 | +0.069% | $214K | $1.6M | 10x | as long as short |
| Extended NEAR-USD | +0.0648% | 1h | 4.3452 | −0.293% | $3.9M | $19.7M | 25x | as long as short |
| Nado NEAR-PERP | +0.0681% | 1h | 4.3566 | −0.033% | $1.9M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0708% | 1h | 4.3530 | −0.114% | $7.7M | $39.7M | 50x | as long as short |
| Lighter RH NEAR | +0.0936% | 1h | 4.3595 | +0.034% | $1.5M | $7.3M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3617 | +0.085% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0945% | 1h | 4.3554 | −0.060% | $1.9M | $8.2M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3617 | +0.084% | $596K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.1224% | 1h | 4.3604 | +0.054% | $17.6M | $24.8M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1637% | 1h | 4.3606 | +0.061% | $5K | $12K | 10x | as long as short |
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Kalshi KXNEARPERP
BloFin NEAR-USDT
Pacifica NEAR
GMX NEAR/USD [ETH-USDC]
SoDEX NEAR-USD
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Arcus NEAR-USD
Extended NEAR-USD
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD