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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: Variational Omni against ApeX Omni−0.469%88s7-day average −0.071% · you buy dearer than you sell
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 4 days (all we have)−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.511%+$51 · spread now −0.469%, 7d avg −0.071%
Together, before fees+0.494%+ Points / potential airdropVariational Omni: Active · farm board+$49 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: Variational Omni is 0.398% cheaper against ApeX Omni than usual: you would sell low and buy high, −$40 on $10k if it goes back to its 7-day average of −0.071%. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.31900.0100pay 0.0013% / 1h2m 10s$166K$794K50x
ShortVariational Omni NEAR4.29870.0100get 0.0100% / 8h3h 02m$8.1M$17.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against ApeX 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
$0
Price spread: −0.469% → −0.071%
−$39.81
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$49.81
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 52 min ago; Variational Omni: RFQ quote, 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 ApeX Omni live order book, 52 min ago5.74 bp18.5 bp −$19117.2 bp −$1,172doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago3.88 bpdoesn't fit11.4 bp −$11431.4 bp −$3,136doesn'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%1h4.2867−0.748%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2913−0.642%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2881−0.717%$161K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.121%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.2904−0.662%$2.3M$15.7M50xas long as short
Popdex NEARUSDT+0.0096%1h4.2880−0.718%$110K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.2919−0.628%$261.7M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2900−0.671%$212.5M$426.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2910−0.648%$60.7M$285.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2973−0.502%$245K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.2873−0.734%$31.8M$62.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2890−0.695%$72.5M$147.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2940−0.579%$53.3M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2880−0.718%$70.9M$127.4M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2890−0.695%$144.5Mas long as short
Variational Omni NEARshort+0.0100%8h4.2987−0.469%$8.1M$17.9M
edgeX NEARUSDC+0.0100%4h4.2977−0.494%$251K$949K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2967−0.515%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.3190long leg$166K$794K50x
Polymarket Perps NEAR-USD+0.0100%1h4.2891−0.692%$267K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2914−0.639%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2960−0.533%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.2970−0.509%$457K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2910−0.648%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2919−0.627%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.2925−0.614%$200K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2980−0.486%$13.4M$31.7M75xas long as short
Kalshi KXNEARPERP+0.0247%8h4.2930−0.602%$771K$23.9M2.2xas long as short
Pacifica NEAR+0.0263%1h4.2944−0.569%$396K$1.3M10xas long as short
SoDEX NEAR-USD+0.0310%1h4.2875−0.729%$6K$53K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0322% / S −0.0198%1h4.2883−0.711%$232K100xas long as short
Aster NEARUSDT+0.0331%8h4.2920−0.625%$2.8M$5.5M50xas long as short
01 Exchange NEARUSD+0.0520%1h4.2990−0.463%$13K$7K10xas long as short
Extended NEAR-USD+0.0536%1h4.2884−0.709%$3.7M$19.8M25xas long as short
Hyperliquid NEAR+0.0554%1h4.2914−0.639%$351.1M$313.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0563%1h4.2903−0.665%$1.3M$6.8M20xas long as short
Nado NEAR-PERP+0.0566%1h4.2890−0.695%$1.8M$3.1M10xas long as short
Arcus NEAR-USD+0.0627%1h4.2990−0.463%$211K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0719%1h4.2871−0.738%$7.5M$38.9M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0730%1h4.2920−0.625%$1.9M$10.0M25xas long as short
Lighter RH NEAR+0.0912%1h4.2938−0.583%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3300+0.255%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1032%1h4.2939−0.582%$17.3M$25.1M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.2937−0.585%$671K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1514%1h4.3057−0.307%$5K$12K10xas long as short