Funding you earn now, next payment 07:00 UTC−0.0780%/8h= −85.4% APRpaid last 24h −0.086%
Price spread now: Variational Omni against Arcus+1.301%7-day average −0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.363%−$36 on $10k
+Price spread, last 7 days−1.329%−$133 · spread now +1.301%, 7d avg −0.018%
=Together, before fees−1.692%+ Points / potential airdropVariational Omni: Active · farm board−$169 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 1.319% dearer against Arcus than usual: you sell high and buy low (spread +1.301% now, against its 7-day average of −0.018%): +$132 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 5.6 days. At the pace of the last 4 days (−0.363% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NEAR-USD | 4.4350 | 0.0880 | pay 0.0110% / 1h | 36m 25s | $225K | $1.6M | 10x |
| Short | Variational Omni NEAR | 4.4927 | 0.0100 | get 0.0100% / 8h | 1h 36m | $9.1M | $18.5M | — |
Arcus NEAR-USD
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Arcus. 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
- −$163.76
- Price spread: +1.301% → −0.018%
- $131.94
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$36.33
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Arcus: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
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 Arcus live order book, 3 min ago | 3.36 bp | 6.7 bp −$7 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.82 bp | doesn't fit | 11.0 bp −$110 | 31.4 bp −$3,142 | 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 | 4.4223 | −0.286% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4230 | −0.270% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4124 | −0.510% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.629% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4300 | −0.113% | $111K | $493K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4174 | −0.397% | $223.9M | $436.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4160 | −0.428% | $62.4M | $298.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5008 | +1.484% | $256K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4184 | −0.374% | $35.3M | $61.1M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4190 | −0.361% | $53.3M | $46.4M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4221 | −0.291% | $73.2M | $128.0M | 75x | as long as short |
| Variational Omni NEARshort | +0.0100% | 8h | 4.4927 | +1.301% | $9.1M | $18.5M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4677 | +0.738% | $261K | $964K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5020 | +1.511% | $170K | $804K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4271 | −0.178% | $299K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4207 | −0.322% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4430 | +0.180% | $1K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4450 | +0.225% | $467K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4290 | −0.135% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0106% | 8h | 4.4219 | −0.295% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0122% | 8h | 4.4780 | +0.970% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4402 | +0.117% | $206K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0157% | 1h | 4.4325 | −0.056% | $5K | $53K | 10x | as long as short |
| BingX NEAR-USDC | +0.0185% | 8h | 4.4150 | −0.451% | — | $6.7M | — | as long as short |
| MEXC NEAR_USDT | +0.0190% | 8h | 4.4230 | −0.271% | $80.6M | $147.1M | 200x | as long as short |
| Binance NEARUSDT | +0.0191% | 8h | 4.4187 | −0.368% | $269.6M | $1.09B | 75x | as long as short |
| Extended NEAR-USD | +0.0256% | 1h | 4.4256 | −0.212% | $3.7M | $18.7M | 25x | as long as short |
| Kalshi KXNEARPERP | +0.0284% | 8h | 4.4431 | +0.183% | $1.1M | $25.2M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0311% | 8h | 4.4310 | −0.090% | $13.4M | $32.7M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0197% | 1h | 4.4185 | −0.372% | $235K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0326% | 8h | 4.4192 | −0.355% | $2.8M | $5.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4379 | +0.065% | $2.3M | $16.7M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0448% | 1h | 4.4333 | −0.038% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0489% | 1h | 4.4292 | −0.131% | $363.0M | $311.6M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0511% | 1h | 4.4310 | −0.090% | $1.3M | $6.8M | 20x | as long as short |
| Nado NEAR-PERP | +0.0599% | 1h | 4.4235 | −0.259% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0658% | 1h | 4.4314 | −0.081% | $7.4M | $38.5M | 50x | as long as short |
| Arcus NEAR-USDlong | +0.0880% | 1h | 4.4350 | long leg | $225K | $1.6M | 10x | |
| Lighter RH NEAR | +0.0896% | 1h | 4.4287 | −0.142% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEAR | +0.0912% | 1h | 4.4266 | −0.189% | $17.4M | $25.0M | 15x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.4771 | +0.949% | $1.8M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4239 | −0.250% | $408K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4193 | −0.354% | $661K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1268% | 1h | 4.4573 | +0.502% | $6K | $12K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1600% | 1h | 4.4417 | +0.151% | $2.0M | $13.0M | 25x | as long as short |
Bitget NEARUSDT
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
SoDEX NEAR-USD
BingX NEAR-USDC
MEXC NEAR_USDT
Binance NEARUSDT
Extended NEAR-USD
Kalshi KXNEARPERP
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Lighter NEAR
Phoenix NEAR
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL