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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRnext payment +$2.04 per $10,000 · paid last 24h +0.017%
Price spread now: Aster against Variational Omni+0.465%7-day average +0.031% · 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)+0.026%+$3 on $10k
Price spread, last 7 days−0.387%−$39 · spread now +0.465%, 7d avg +0.031%
Together, before fees−0.362%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aster is 0.435% dearer against Variational Omni than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.031%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.026% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.54660.0100pay 0.0100% / 8h5h 11m$8.8M$18.2M
ShortAster NEARUSDT4.56780.0304get 0.0304% / 8h5h 11m$3.1M$5.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$42.81
Price spread: +0.465% → +0.031%
$43.47
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$78.28
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Aster: live order book, 2 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 Variational Omni RFQ quote, 3 min ago3.82 bpdoesn't fit12.5 bp −$12530.8 bp −$3,083doesn't fit
Sell Aster live order book, 2 min ago2.18 bp7.8 bp −$817.2 bp −$172doesn'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%1h4.5673+0.455%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.5542+0.167%$2.2M$15.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.5654+0.413%$113K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.5662+0.431%$489K$21.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5579+0.247%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.921%$578$302K12xas long as short
Phemex NEARUSDT+0.0085%8h4.5470+0.009%$3.9M$8.3M50xas long as short
Popdex NEARUSDT+0.0096%1h4.5630+0.360%$115K$513K50xas long as short
Pacifica NEAR+0.0100%1h4.5641+0.384%$435K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.5640+0.382%$279.5M$1.11B75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.5602+0.299%$228.5M$424.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.5590+0.272%$65.8M$309.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5467+0.001%$259K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.5575+0.239%$33.1M$64.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5660+0.426%$78.7M$147.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5700+0.514%$56.1M$45.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5679+0.468%$75.2M$129.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.5600+0.294%$6.6Mas long as short
Variational Omni NEARlong+0.0100%8h4.5466long leg$8.8M$18.2M
edgeX NEARUSDC+0.0100%4h4.5692+0.497%$274K$974K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5655+0.414%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5670+0.448%$176K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5715+0.547%$216K$3.8M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5637+0.376%$58K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5620+0.338%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5500+0.074%$9K$54K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5720+0.558%$473K$4.1M75xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.5547+0.178%$33K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.5535+0.151%$212K$40K3xas long as short
Extended NEAR-USD+0.0120%1h4.5679+0.468%$4.3M$19.2M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.5670+0.448%$13.8M$34.1M75xas long as short
Aster NEARUSDTshort+0.0304%8h4.5678+0.465%$3.1M$5.5M50x
GMX NEAR/USD [ETH-USDC]L +0.0362% / S −0.0249%1h4.5580+0.250%$275K100xas long as short
Nado NEAR-PERP+0.0391%1h4.5670+0.448%$2.0M$3.2M10xas long as short
01 Exchange NEARUSD+0.0392%1h4.5482+0.035%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.5750+0.624%$222K$1.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0585%1h4.5531+0.143%$2.0M$4.5M25xas long as short
Backpack NEAR_USDC_PERP+0.0588%1h4.5496+0.066%$1.4M$6.7M20xas long as short
Kraken Futures PF_NEARUSD+0.0677%1h4.5533+0.146%$8.4M$41.3M50xas long as short
Lighter RH NEAR+0.0720%1h4.5582+0.255%$1.6M$7.1M10xas long as short
Hyperliquid NEAR+0.0819%1h4.5747+0.618%$383.3M$321.5M10xas long as short
Phoenix NEAR+0.0855%1h4.5621+0.341%$1.9M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.5684+0.480%$578K$1.4M10xas long as short
Lighter NEAR+0.1184%1h4.5747+0.618%$18.4M$26.8M15xas long as short
Aftermath Perps NEARUSD+0.1604%1h4.5520+0.118%$6K$12K10xas long as short