Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4.9100 | −0.0203 | get 0.0025% / 1h | 34m 17s | $66K | $159K | 20x | Long Bullet | |
| SHORT | 4.9483 | +0.0046 | get 0.0046% / 8h | 1h 34m | $12.8M | $14.9M | 50x | Short Variational Omni+15% pts |
Price gap+0.780%
Funding gap+0.0249% /8h
Both sides work: funding pays +$7 a day on $10k, and the gap is 0.794% above its 7d average: +$79 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6+0.0249% /8h now · paid +0.063% over the last 6 days (all we have)
Price+$79spread +0.780% now, avg −0.014% → +0.794% if it goes back
Costs−$240.244% of $10k · taker + slippage, in and out
Result+$61+0.61%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 6 days it paid +0.063% in total, about +0.0035%/8h on average.
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Variational Omni price against Bulletnow
RANGE STATS · 7D
Now+0.780%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNEAR on 44 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Large against open interest5.8 / 6.2 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$500 + $200Bullet 20x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$7.47Long Bullet: 24 payments, +$6.10; short Variational Omni: 3 payments, +$1.37.
- OK: Entry gap works for you+0.780% vs −0.014%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$66K vs $12.8M OIBullet sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legBullet No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0035%/8h × 21 periods+$7.32
Price spread+0.780% → −0.014% (7d avg)+$79.41
Slippage, 4 orderslive order books−$16.36
Fee Bullet bp × 2 orders−$8.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k+$62.37
Costs to cover0.244%Break-evenfrom the start
Slippage: Bullet: live order book, 50 min ago; Variational Omni: RFQ quote, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBullet1.305.8 bp−$611.5 bp−$115doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni3.726.2 bp−$68.7 bp−$8732.2 bp−$3,218doesn’t fit
Closing costs about the same again.
| 09-30 02:45 | MEXC | Other | Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗ |
| 09-30 01:05 | Reya | Listing | NEARRUSDPERP no longer reported ($NEAR) seen by our collector |
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-28 14:46 | RISEx | Other | This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗ |
| 09-28 03:00 | MEXC | Other | NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗ |


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