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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.2% APRnext payment +$0.56 per $10,000 · paid last 24h +0.026%
Price spread now: Variational Omni against Kalshi+0.073%7-day average 0.000% · you sell dearer than you buy
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 3 days (all we have)+0.086%+$9 on $10k
Price spread, last 7 days−0.229%−$23 · spread now +0.073%, 7d avg 0.000%
Together, before fees−0.143%+ Points / potential airdropVariational Omni: Active · farm board−$14 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 0.073% dearer against Kalshi than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXNEARPERP4.28380get 0.0000% / 8h4h 21m$335K$18.8M2.2x
ShortVariational Omni NEAR4.28690.0056get 0.0056% / 8h21m 07s$7.9M$18.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Kalshi. 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
$11.86
Price spread: +0.073% → 0.000%
$7.28
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$9.14
Costs to cover
0.100%
Break-even
1.6 days
Slippage unknown: Kalshi: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 3 min ago7.50 bp13.2 bp −$1319.1 bp −$191doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago3.88 bpdoesn't fit9.3 bp −$9334.0 bp −$3,395doesn'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%1h4.2882+0.103%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2861+0.054%$2.3M$13.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.2859+0.050%$111K$62K10xas long as short
Kalshi KXNEARPERPlong0.0000%8h4.2838long leg$335K$18.8M2.2x
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2873+0.081%$202K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.333%$578$302K12xas long as short
Variational Omni NEARshort+0.0056%8h4.2869+0.073%$7.9M$18.5M
Bybit NEARUSDT+0.0059%8h4.2857+0.044%$218.6M$422.3M75xas long as short
01 Exchange NEARUSD+0.0080%1h4.2908+0.163%$13K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2910+0.168%$109K$496K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0100%8h4.2866+0.065%$57K$194K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2889+0.118%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2934+0.224%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2864+0.060%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2870+0.075%$253.5M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2880+0.098%$61.0M$287.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2900+0.145%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2551−0.670%$242K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2879+0.096%$30.8M$59.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2860+0.051%$78.4M$142.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2890+0.121%$55.7M$43.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2889+0.119%$71.2M$126.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2880+0.098%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2658−0.420%$243K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2722−0.271%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2690−0.345%$178K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2933+0.222%$192K$3.4M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2940+0.238%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2850+0.028%$4K$54K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2870+0.075%$3.8M$8.6M50xas long as short
Extended NEAR-USD+0.0104%1h4.2827−0.026%$3.9M$16.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2850+0.028%$202K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2899+0.143%$7.7M$37.6M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2880+0.098%$13.0M$29.4M75xas long as short
Lighter RH NEAR+0.0328%1h4.2925+0.203%$1.5M$7.0M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0356%1h4.2903+0.152%$1.9M$2.5M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0314%1h4.2889+0.119%$275K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2913+0.176%$418K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0457%1h4.2941+0.240%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2601−0.553%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0688%1h4.2874+0.084%$1.9M$3.4M10xas long as short
Hyperliquid NEAR+0.0728%1h4.2963+0.292%$369.1M$298.6M10xas long as short
HTX NEAR-USDT+0.0801%8h4.2930+0.215%$462K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1149%1h4.2713−0.293%$5K$12K10xas long as short
Lighter NEAR+0.1696%1h4.2975+0.319%$16.5M$23.9M15xas long as short