Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.007%
Price spread now: Variational Omni against Injective+4.652%7-day average −0.499% · 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)−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−6.280%−$628 · spread now +4.652%, 7d avg −0.499%
=Together, before fees−6.308%+ Points / potential airdropVariational Omni: Active · farm board−$631 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 5.152% dearer against Injective than usual: you sell high and buy low: +$515 more if the spread goes back to its 7-day average of −0.499%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | pay 0.0004% / 1h | 40m 52s | $578 | $301K | 12x |
| Short | Variational Omni NEAR | 4.3337 | 0.0100 | get 0.0100% / 8h | 40m 52s | $8.6M | $18.7M | — |
Injective NEAR/USDC PERP
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. 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
- $14
- Price spread: +4.652% → −0.499%
- $515.18
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $529.16
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 3.87 bp | doesn't fit | 8.9 bp −$89 | 26.1 bp −$2,607 | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.3318 | +4.608% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3281 | +4.519% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3329 | +4.634% | $162K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3309 | +4.587% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $301K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3350 | +4.685% | $110K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3310 | +4.588% | $218.5M | $430.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3280 | +4.516% | $60.9M | $291.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3597 | +5.281% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3296 | +4.554% | $35.3M | $62.2M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Popdex 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3350 | +4.685% | $52.5M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3300 | +4.564% | $71.7M | $128.1M | 75x | as long as short |
| Variational Omni NEARshort | +0.0100% | 8h | 4.3337 | +4.652% | $8.6M | $18.7M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3186 | +4.288% | $250K | $897K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3210 | +4.347% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3280 | +4.516% | $165K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3360 | +4.709% | $283K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3354 | +4.695% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3360 | +4.709% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3340 | +4.661% | $5K | $53K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3350 | +4.685% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3280 | +4.517% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3305 | +4.575% | $3.6M | $17.3M | 25x | as long as short |
| HTX NEAR-USDT | +0.0114% | 8h | 4.3510 | +5.071% | $466K | $3.8M | 75x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3329 | +4.633% | $201K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0193% | 8h | 4.3342 | +4.666% | $939K | $25.2M | 2.2x | as long as short |
| Binance NEARUSDT | +0.0204% | 8h | 4.3323 | +4.619% | $263.0M | $1.09B | 75x | as long as short |
| BingX NEAR-USDC | +0.0206% | 8h | 4.3320 | +4.612% | — | $6.7M | — | as long as short |
| MEXC NEAR_USDT | +0.0206% | 8h | 4.3320 | +4.612% | $83.3M | $150.0M | 200x | as long as short |
| Aster NEARUSDT | +0.0212% | 8h | 4.3323 | +4.620% | $2.7M | $4.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0304% | 1h | 4.3333 | +4.644% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0313% | 1h | 4.3369 | +4.731% | $350.2M | $317.1M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0315% / S −0.0203% | 1h | 4.3327 | +4.628% | $233K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0324% | 8h | 4.3370 | +4.733% | $13.3M | $32.0M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0420% | 1h | 4.3361 | +4.711% | $1.2M | $7.0M | 20x | as long as short |
| Nado NEAR-PERP | +0.0446% | 1h | 4.3321 | +4.615% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3345 | +4.673% | $2.3M | $16.8M | 50x | as long as short |
| Lighter RH NEAR | +0.0560% | 1h | 4.3394 | +4.791% | $1.5M | $6.6M | 10x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3330 | +4.637% | $226K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0760% | 1h | 4.3400 | +4.806% | $17.1M | $25.0M | 15x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3325 | +4.626% | $408K | $1.5M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3384 | +4.767% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3338 | +4.656% | $618K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1273% | 1h | 4.3347 | +4.677% | $5K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1712% | 1h | 4.3418 | +4.849% | $1.9M | $13.2M | 25x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
HTX NEAR-USDT
Aevo NEAR-PERP
Kalshi KXNEARPERP
Binance NEARUSDT
BingX NEAR-USDC
MEXC NEAR_USDT
Aster NEARUSDT
01 Exchange NEARUSD
Hyperliquid NEAR
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Arcus NEAR-USD
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL