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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Variational Omni against Pacifica−0.681%7-day average +0.028% · you buy dearer than you sell
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)−0.016%−$2 on $10k
Price spread, last 4 days (all we have)+1.379%+$138 · spread now −0.681%, 7d avg +0.028%
Together, before fees+1.363%+ Points / potential airdropPacifica: Active · Variational Omni: Active · farm board+$136 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 0.709% cheaper against Pacifica than usual: you would sell low and buy high, −$71 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.14880.0100pay 0.0013% / 1h35m 37s$367K$1.2M10x
ShortVariational Omni NEAR4.12050.0100get 0.0100% / 8h2h 35m$7.5M$18.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Pacifica. 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: −0.681% → +0.028%
−$70.91
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$78.91
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 3 min ago; Variational Omni: RFQ quote, 4 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 Pacifica live order book, 3 min ago3.75 bp8.4 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago3.93 bpdoesn't fit14.1 bp −$14136.0 bp −$3,604doesn'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%1h4.1483−0.013%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0024%1h4.1338−0.361%$2.1M$12.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.1478−0.023%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1361−0.306%$411K$19.1M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.1372−0.279%$1.8M$2.1M25xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1361−0.305%$205K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.0730−1.827%$569$239K12xas long as short
Popdex NEARUSDT+0.0096%1h4.1490+0.005%$107K$489K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1470−0.043%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1520+0.077%$2.9M$5.9M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEARlong+0.0100%1h4.1488long leg$367K$1.2M10x
Binance NEARUSDT+0.0100%8h4.1475−0.031%$236.3M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1460−0.067%$211.5M$428.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1480−0.019%$56.6M$277.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1240−0.598%$235K$6K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1478−0.024%$29.6M$58.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1470−0.043%$80.4M$142.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1510+0.053%$56.3M$45.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1475−0.031%$69.1M$127.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1470−0.043%$6.6Mas long as short
Variational Omni NEARshort+0.0100%8h4.1205−0.681%$7.5M$18.4M
edgeX NEARUSDC+0.0100%4h4.1283−0.495%$235K$1.3M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1402−0.207%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1450−0.091%$182K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1502+0.034%$207K$3.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1355−0.320%$53K$159K20xas long as short
SunX NEAR-USDT+0.0100%8h4.1400−0.212%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1355−0.320%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1380−0.260%$3.8M$8.4M50xas long as short
Extended NEAR-USD+0.0104%1h4.1471−0.041%$3.6M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1345−0.344%$200K$65K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1500+0.029%$308K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0150%1h4.1376−0.270%$7.1M$36.7M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.1410−0.188%$12.2M$33.6M75xas long as short
01 Exchange NEARUSD+0.0264%1h4.1508+0.048%$12K$7K10xas long as short
Nado NEAR-PERP+0.0329%1h4.1470−0.043%$1.8M$3.6M10xas long as short
Lighter RH NEAR+0.0344%1h4.1537+0.118%$1.4M$7.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0373% / S −0.0317%1h4.1367−0.291%$273K100xas long as short
RISEx NEAR/USDC+0.0569%1h4.1506+0.043%$416K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1503+0.036%$1.7M$2.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0807%1h4.1442−0.111%$1.4M$5.7M20xas long as short
Lighter NEAR+0.0888%1h4.1567+0.192%$15.4M$22.6M15xas long as short
Aftermath Perps NEARUSD+0.1025%1h4.1292−0.472%$5K$11K10xas long as short
Hyperliquid NEAR+0.1090%1h4.1549+0.147%$349.9M$300.8M10xas long as short
HTX NEAR-USDT+0.1128%8h4.1490+0.005%$449K$3.8M75xas long as short