Funding you earn now, next payment 23:00 UTC−0.0448%/8h= −49.1% APRpaid last 24h −0.070%
Price spread now: Variational Omni against Nado−0.343%7-day average −0.030% · 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)−0.074%−$7 on $10k
+Price spread, last 7 days+0.197%+$20 · spread now −0.343%, 7d avg −0.030%
=Together, before fees+0.123%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Variational Omni is 0.313% cheaper against Nado than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.074% in total (about -8.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NEAR-PERP | 4.1793 | 0.0548 | pay 0.0069% / 1h | 28m 09s | $1.8M | $3.5M | 10x |
| Short | Variational Omni NEAR | 4.1650 | 0.0100 | get 0.0100% / 8h | 1h 28m | $7.7M | $18.4M | — |
Nado NEAR-PERP
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Nado. 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
- −$94.18
- Price spread: −0.343% → −0.030%
- −$31.34
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$132.52
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 1 min ago; Variational Omni: RFQ quote, 1 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 Nado live order book, 1 min ago | 1.92 bp | 9.1 bp −$9 | 18.7 bp −$187 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.92 bp | doesn't fit | 9.1 bp −$91 | 29.3 bp −$2,931 | 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 | 4.1746 | −0.114% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.1636 | −0.376% | $2.1M | $12.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −0.917% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1629 | −0.393% | $108K | $58K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1684 | −0.261% | $430K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1768 | −0.059% | $207K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0049% | 1h | 4.1766 | −0.065% | $7.6M | $36.8M | 50x | as long as short |
| Lighter RH NEAR | +0.0096% | 1h | 4.1791 | −0.005% | $1.5M | $7.0M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0096% | 1h | 4.1794 | +0.002% | $12K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1800 | +0.016% | $111K | $482K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1744 | −0.118% | $53K | $158K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1599 | −0.464% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1780 | −0.032% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1621 | −0.411% | $360K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1743 | −0.121% | $239.1M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1710 | −0.199% | $212.8M | $423.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1700 | −0.223% | $57.6M | $276.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1750 | −0.103% | $240K | $1.7M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1777 | −0.039% | $29.9M | $57.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1720 | −0.175% | $82.1M | $141.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1770 | −0.056% | $55.0M | $44.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1722 | −0.170% | $69.1M | $125.4M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.1750 | −0.103% | — | $6.6M | — | as long as short |
| Variational Omni NEARshort | +0.0100% | 8h | 4.1650 | −0.343% | $7.7M | $18.4M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1758 | −0.084% | $238K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1588 | −0.491% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1730 | −0.151% | $174K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1810 | +0.040% | $204K | $3.2M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1860 | +0.160% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1741 | −0.125% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1740 | −0.127% | $3.8M | $8.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1600 | −0.462% | $237K | $2K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1724 | −0.166% | $3.8M | $14.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1742 | −0.123% | $201K | $62K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1650 | −0.343% | $12.3M | $31.6M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0301% | 1h | 4.1785 | −0.020% | $1.8M | $2.2M | 25x | as long as short |
| Hyperliquid NEAR | +0.0349% | 1h | 4.1826 | +0.078% | $353.1M | $299.0M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.1781 | −0.029% | $411K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0381% / S −0.0328% | 1h | 4.1763 | −0.073% | $282K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0433% | 1h | 4.1698 | −0.228% | $1.2M | $5.7M | 20x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.1800 | +0.016% | $1.7M | $2.7M | 10x | as long as short |
| Nado NEAR-PERPlong | +0.0548% | 1h | 4.1793 | long leg | $1.8M | $3.5M | 10x | |
| Lighter NEAR | +0.0552% | 1h | 4.1834 | +0.097% | $16.0M | $23.3M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.0868% | 1h | 4.1730 | −0.151% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.0969% | 8h | 4.1750 | −0.103% | $446K | $3.6M | 75x | as long as short |
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus 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
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Phoenix NEAR
Lighter NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT