Funding you earn now, next payment 06:00 UTC−0.0602%/8h= −66.0% APRpaid last 24h −0.192%
Price spread now: Variational Omni against Hyperliquid−0.535%7-day average −0.090% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.360%−$36 on $10k
+Price spread, last 7 days+0.487%+$49 · spread now −0.535%, 7d avg −0.090%
=Together, before fees+0.126%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Variational Omni is 0.445% cheaper against Hyperliquid than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of −0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEAR | 4.2907 | 0.0702 | pay 0.0088% / 1h | 42m 00s | $350.5M | $311.7M | 10x |
| Short | Variational Omni NEAR | 4.2678 | 0.0100 | get 0.0100% / 8h | 2h 42m | $8.1M | $18.0M | — |
Hyperliquid NEAR
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Hyperliquid. 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
- −$126.49
- Price spread: −0.535% → −0.090%
- −$44.49
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$179.99
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 12 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 12 min ago | 0.12 bp | 8.6 bp −$9 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.88 bp | doesn't fit | 11.9 bp −$119 | 32.0 bp −$3,196 | 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 | 4.2822 | −0.198% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2813 | −0.219% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2793 | −0.266% | $160K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.489% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2820 | −0.203% | $112K | $500K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2913 | +0.014% | $262.2M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2846 | −0.142% | $213.1M | $421.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2860 | −0.110% | $60.4M | $284.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2850 | −0.133% | $244K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2846 | −0.142% | $32.1M | $59.7M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2900 | −0.016% | $71.1M | $142.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2900 | −0.016% | $53.0M | $45.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2844 | −0.147% | $70.8M | $127.4M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2870 | −0.086% | — | $143.9M | — | as long as short |
| Variational Omni NEARshort | +0.0100% | 8h | 4.2678 | −0.535% | $8.1M | $18.0M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2781 | −0.294% | $250K | $950K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2750 | −0.366% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2844 | −0.147% | $263K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2885 | −0.051% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2910 | +0.007% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2930 | +0.054% | $459K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2900 | −0.016% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.2807 | −0.234% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2877 | −0.069% | $199K | $37K | 3x | as long as short |
| ApeX Omni NEARUSDT | +0.0111% | 1h | 4.2740 | −0.389% | $164K | $794K | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2870 | −0.086% | $13.3M | $31.6M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0247% | 8h | 4.2840 | −0.156% | $844K | $24.5M | 2.2x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.2894 | −0.030% | $2.3M | $15.8M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0322% / S −0.0198% | 1h | 4.2787 | −0.279% | $231K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0334% | 8h | 4.2880 | −0.063% | $2.8M | $5.4M | 50x | as long as short |
| Nado NEAR-PERP | +0.0342% | 1h | 4.2819 | −0.206% | $1.7M | $3.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0528% | 1h | 4.2830 | −0.180% | $3.6M | $19.9M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0607% | 1h | 4.2865 | −0.098% | $6K | $53K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0645% | 1h | 4.2886 | −0.049% | $1.3M | $6.8M | 20x | as long as short |
| Hyperliquid NEARlong | +0.0702% | 1h | 4.2907 | long leg | $350.5M | $311.7M | 10x | |
| 01 Exchange NEARUSD | +0.0736% | 1h | 4.2888 | −0.044% | $13K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0738% | 1h | 4.2873 | −0.078% | $7.6M | $38.6M | 50x | as long as short |
| Lighter NEAR | +0.0808% | 1h | 4.2921 | +0.033% | $16.8M | $25.0M | 15x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.2870 | −0.086% | $212K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.2853 | −0.126% | $392K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.2903 | −0.009% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1048% | 1h | 4.2926 | +0.044% | $1.5M | $7.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1057% | 1h | 4.2891 | −0.037% | $2.0M | $11.0M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.2862 | −0.106% | $690K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1457% | 1h | 4.2822 | −0.198% | $5K | $12K | 10x | as long as short |
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
ApeX Omni NEARUSDT
BloFin NEAR-USDT
Kalshi KXNEARPERP
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Nado NEAR-PERP
Extended NEAR-USD
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Kraken Futures PF_NEARUSD
Lighter NEAR
Arcus NEAR-USD
Pacifica NEAR
Phoenix NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Aftermath Perps NEARUSD