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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.086%
Price spread now: Aster against Reya+0.089%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Aster is 0.089% dearer against Reya than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.4362−0.0171get 0.0021% / 1h4m 10s$2K20x
ShortAster NEARUSDT4.44020.0281get 0.0281% / 8h5h 04m$3.1M$5.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Reya. 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
$94.85
Price spread: +0.089% → 0.000%
$8.86
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
$89.71
Costs to cover
0.140%
Break-even
0.4 days
Slippage unknown: Reya: no order-book sample; Aster: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Aster live order book, 5 min ago2.21 bp7.4 bp −$715.0 bp −$150doesn't fitdoesn't fit
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERPlong−0.0171%1h4.4362long leg$2K20x
Coinbase International NEAR-PERP-INTX−0.0016%1h4.4520+0.356%$2.2M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4468+0.238%$110K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4513+0.340%$563K$21.9M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4416+0.122%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.655%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4380+0.040%$115K$516K50xas long as short
Pacifica NEAR+0.0100%1h4.4495+0.298%$425K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4590+0.514%$273.6M$1.12B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4580+0.491%$223.3M$428.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4560+0.446%$63.4M$305.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4470+0.242%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4587+0.507%$32.3M$65.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4620+0.581%$75.4M$150.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4440+0.175%$55.0M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4580+0.491%$73.4M$131.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4590+0.513%$147.0Mas long as short
Variational Omni NEAR+0.0100%8h4.4486+0.280%$8.6M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4994+1.425%$270K$977K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5311+2.138%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5320+2.159%$174K$797K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4400+0.085%$256K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4436+0.166%$57K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4510+0.333%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4478+0.261%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4620+0.581%$457K$4.1M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4600+0.536%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4425+0.142%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4470+0.243%$207K$40K3xas long as short
Extended NEAR-USD+0.0200%1h4.4386+0.054%$4.0M$19.5M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.4500+0.310%$14.0M$33.4M75xas long as short
Aster NEARUSDTshort+0.0281%8h4.4402+0.089%$3.1M$5.5M50x
GMX NEAR/USD [ETH-USDC]L +0.0352% / S −0.0235%1h4.4411+0.109%$266K100xas long as short
01 Exchange NEARUSD+0.0384%1h4.4405+0.096%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.4480+0.265%$215K$1.8M10xas long as short
Nado NEAR-PERP+0.0481%1h4.4336−0.060%$1.9M$3.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0493%1h4.4458+0.216%$1.9M$4.5M25xas long as short
Backpack NEAR_USDC_PERP+0.0533%1h4.4588+0.509%$1.4M$6.7M20xas long as short
Kraken Futures PF_NEARUSD+0.0691%1h4.4563+0.452%$8.3M$41.3M50xas long as short
Lighter RH NEAR+0.0704%1h4.4648+0.644%$1.5M$7.2M10xas long as short
Hyperliquid NEAR+0.0760%1h4.4627+0.597%$370.8M$325.8M10xas long as short
Phoenix NEAR+0.0855%1h4.5453+2.459%$1.9M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.4432+0.156%$570K$1.4M10xas long as short
Lighter NEAR+0.1120%1h4.4645+0.637%$17.9M$27.1M15xas long as short
Aftermath Perps NEARUSD+0.1646%1h4.4963+1.354%$6K$12K10xas long as short