Funding you earn now, next payment 04:00 UTC−0.0468%/8h= −51.2% APRpaid last 24h −0.063%
Price spread now: Variational Omni against Lighter RH−0.733%7-day average −0.126% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.341%−$34 on $10k
+Price spread, last 7 days+0.619%+$62 · spread now −0.733%, 7d avg −0.126%
=Together, before fees+0.278%+ Points / potential airdropLighter RH: Points live · Variational Omni: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Variational Omni is 0.606% cheaper against Lighter RH than usual: you would sell low and buy high (−$61 if the spread goes back to its 7-day average of −0.126%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.4100 | 0.0568 | pay 0.0071% / 1h | 24m 20s | $1.5M | $7.2M | 10x |
| Short | Variational Omni NEAR | 4.3777 | 0.0100 | get 0.0100% / 8h | 4h 24m | $8.5M | $18.2M | — |
Lighter RH NEAR
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter RH. 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
- −$98.28
- Price spread: −0.733% → −0.126%
- −$60.63
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$158.91
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 4 min ago; Variational Omni: RFQ quote, 5 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 Lighter RH live order book, 4 min ago | 1.25 bp | 3.2 bp −$3 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 3.85 bp | doesn't fit | 11.8 bp −$118 | 33.0 bp −$3,304 | 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 | 4.4062 | −0.086% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.3839 | −0.592% | $2.3M | $15.3M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4022 | −0.177% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3925 | −0.397% | $580K | $22.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4039 | −0.139% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.100% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4090 | −0.023% | $113K | $517K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4087 | −0.028% | $421K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4096 | −0.009% | $270.7M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4040 | −0.136% | $221.3M | $424.3M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4030 | −0.159% | $62.6M | $299.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4098 | −0.004% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4057 | −0.098% | $32.0M | $63.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4090 | −0.023% | $74.3M | $149.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4110 | +0.023% | $54.8M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4071 | −0.066% | $72.4M | $130.4M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4060 | −0.091% | — | $6.7M | — | as long as short |
| Variational Omni NEARshort | +0.0100% | 8h | 4.3777 | −0.733% | $8.5M | $18.2M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3892 | −0.472% | $263K | $976K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3860 | −0.544% | $1.4M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3820 | −0.635% | $168K | $801K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4113 | +0.029% | $234K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4063 | −0.084% | $56K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4200 | +0.227% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4035 | −0.147% | $8K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4110 | +0.023% | $457K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4100 | 0.000% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4018 | −0.186% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4088 | −0.027% | $205K | $40K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4040 | −0.136% | $13.9M | $32.8M | 75x | as long as short |
| Hyperliquid NEAR | +0.0260% | 1h | 4.4132 | +0.073% | $363.9M | $324.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0271% | 1h | 4.4080 | −0.045% | $1.3M | $6.5M | 20x | as long as short |
| Aster NEARUSDT | +0.0291% | 8h | 4.4100 | 0.000% | $3.0M | $5.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0296% | 1h | 4.4063 | −0.083% | $3.9M | $19.7M | 25x | as long as short |
| 01 Exchange NEARUSD | +0.0304% | 1h | 4.4151 | +0.116% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0191% | 1h | 4.4038 | −0.140% | $232K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0532% | 1h | 4.4085 | −0.034% | $1.9M | $3.1M | 10x | as long as short |
| Lighter RH NEARlong | +0.0568% | 1h | 4.4100 | long leg | $1.5M | $7.2M | 10x | |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4150 | +0.113% | $218K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0589% | 1h | 4.4069 | −0.071% | $8.1M | $39.9M | 50x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.3965 | −0.306% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.0896% | 1h | 4.4123 | +0.051% | $17.8M | $26.4M | 15x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4144 | +0.100% | $585K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1204% | 1h | 4.4087 | −0.029% | $2.0M | $7.3M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1512% | 1h | 4.4047 | −0.121% | $5K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aster NEARUSDT
Extended NEAR-USD
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD