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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0921%/8h= −100.8% APRpaid last 24h −0.153%
Price spread now: Aster against RISEx−0.021%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$280.283% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.424%−$42 on $10k
Price spread, last 7 days+0.047%+$5 · spread now −0.021%, 7d avg +0.001%
Together, before fees−0.376%+ Points / potential airdropAster: Stage 5 · farm board−$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Aster is 0.023% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.48900.1259pay 0.0157% / 1h43m 39s$678K$1.4M10x
ShortAster NEARUSDT4.48800.0338get 0.0338% / 8h1h 43m$2.9M$5.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against RISEx. 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
−$193.37
Price spread: −0.021% → +0.001%
−$2.26
Slippage, 4 orders
−$14.26
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$223.9
Costs to cover
0.283%
Break-even
never at this rate
Slippage from RISEx: live order book, 5 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 RISEx live order book, 5 min ago1.64 bp4.6 bp −$513.5 bp −$135doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago3.35 bp10.5 bp −$1121.6 bp −$216doesn'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
Reya NEARRUSDPERP−0.0171%1h4.4806−0.186%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4827−0.139%$110K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4851−0.086%$169K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.752%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4880−0.021%$111K$493K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4887−0.006%$231.0M$429.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4880−0.021%$63.4M$300.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4366−1.166%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4856−0.075%$35.0M$60.1M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4850−0.088%$53.5M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4845−0.099%$74.3M$126.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.4687−0.451%$9.0M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4779−0.246%$262K$967K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4881−0.019%$283K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4885−0.010%$59K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4940+0.112%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4950+0.134%$466K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4800−0.200%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0106%8h4.4855−0.077%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0123%8h4.4756−0.298%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0127%1h4.4730−0.356%$168K$804K50xas long as short
Aevo NEAR-PERP+0.0128%1h4.4875−0.033%$209K$40K3xas long as short
BingX NEAR-USDT+0.0181%8h4.4860−0.066%$143.9Mas long as short
MEXC NEAR_USDT+0.0184%8h4.4900+0.023%$86.1M$145.4M200xas long as short
Binance NEARUSDT+0.0185%8h4.4893+0.008%$273.3M$1.09B75xas long as short
SoDEX NEAR-USD+0.0204%1h4.4845−0.099%$5K$52K10xas long as short
Kalshi KXNEARPERP+0.0295%8h4.4796−0.209%$1.1M$25.0M2.2xas long as short
BloFin NEAR-USDT+0.0302%8h4.4870−0.044%$13.6M$33.1M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0316% / S −0.0200%1h4.4825−0.144%$239K100xas long as short
Extended NEAR-USD+0.0336%1h4.4875−0.032%$3.7M$18.9M25xas long as short
Aster NEARUSDTshort+0.0338%8h4.4880−0.021%$2.9M$5.0M50x
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4900+0.023%$2.3M$16.5M50xas long as short
01 Exchange NEARUSD+0.0496%1h4.4891+0.003%$13K$7K10xas long as short
Nado NEAR-PERP+0.0538%1h4.4840−0.111%$1.8M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0585%1h4.4879−0.024%$1.3M$6.5M20xas long as short
Hyperliquid NEAR+0.0608%1h4.4848−0.094%$369.0M$309.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0651%1h4.4831−0.130%$7.4M$38.3M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4910+0.045%$228K$1.6M10xas long as short
Lighter RH NEAR+0.1000%1h4.4929+0.088%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.5001+0.248%$1.9M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1044%1h4.4892+0.005%$1.9M$12.3M25xas long as short
Lighter NEAR+0.1056%1h4.4902+0.029%$17.6M$24.7M15xas long as short
Pacifica NEAR+0.1187%1h4.4854−0.080%$413K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1238%1h4.4694−0.436%$6K$12K10xas long as short
RISEx NEAR/USDClong+0.1259%1h4.4890long leg$678K$1.4M10x