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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Variational Omni against Orderly+0.300%7-day average +0.005% · 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)−0.002%$0 on $10k
Price spread, last 3 days (all we have)+0.008%+$1 · spread now +0.300%, 7d avg +0.005%
Together, before fees+0.006%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.295% dearer against Orderly than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.30300.0100pay 0.0100% / 8h51m 19s$57K$194K20x
ShortVariational Omni NEAR4.31590.0100get 0.0100% / 8h51m 19s$8.1M$17.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Orderly. 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
$0
Price spread: +0.300% → +0.005%
$29.51
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$23.51
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Variational Omni RFQ quote, 3 min ago3.87 bpdoesn't fit10.1 bp −$10131.1 bp −$3,109doesn't fit
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.2984−0.106%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.3013−0.040%$2.2M$13.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.2989−0.095%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3046+0.037%$392K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2982−0.111%$204K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.765%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3040+0.023%$109K$497K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3037+0.016%$31K$64710xas long as short
Pacifica NEAR+0.0100%1h4.2987−0.100%$403K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3000−0.070%$253.7M$1.07B75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.2950−0.186%$221.1M$421.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2960−0.163%$61.3M$287.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3100+0.163%$198K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3063+0.076%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2981−0.114%$30.4M$58.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2990−0.093%$80.0M$139.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3010−0.046%$56.6M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3024−0.014%$71.6M$126.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2970−0.139%$138.3Mas long as short
Variational Omni NEARshort+0.0100%8h4.3159+0.300%$8.1M$17.9M
edgeX NEARUSDC+0.0100%4h4.3254+0.520%$270K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3290+0.605%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3350+0.744%$181K$789K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3095+0.151%$207K$3.3M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.3030long leg$57K$194K20x
SunX NEAR-USDT+0.0100%8h4.3090+0.139%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3028−0.005%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3010−0.046%$3.9M$8.2M50xas long as short
Aster NEARUSDT+0.0101%8h4.3015−0.034%$3.1M$5.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.3024−0.013%$4.4M$15.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2993−0.086%$207K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.3038+0.019%$7.5M$36.8M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2960−0.163%$13.0M$30.8M75xas long as short
01 Exchange NEARUSD+0.0240%1h4.3114+0.195%$13K$7K10xas long as short
Lighter RH NEAR+0.0376%1h4.3079+0.114%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0391% / S −0.0343%1h4.2991−0.090%$292K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.3129+0.230%$416K$1.2M10xas long as short
Phoenix NEAR+0.0463%1h4.3418+0.902%$1.8M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0540%1h4.3018−0.028%$1.3M$5.6M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0541%1h4.3044+0.033%$1.9M$2.3M25xas long as short
Nado NEAR-PERP+0.0801%1h4.3036+0.015%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0895%8h4.3200+0.395%$460K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1195%1h4.3137+0.249%$5K$11K10xas long as short
Hyperliquid NEAR+0.1338%1h4.3163+0.309%$372.3M$297.4M10xas long as short
Lighter NEAR+0.2184%1h4.3138+0.251%$16.6M$23.6M15xas long as short