Funding you earn now, next payment 01:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h −0.011%
Price spread now: Variational Omni against Popdex+0.204%7-day average +0.040% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.499%+$50 · spread now +0.204%, 7d avg +0.040%
=Together, before fees+0.491%+ Points / potential airdropVariational Omni: Active · farm board+$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.163% dearer against Popdex than usual: you sell high and buy low (spread +0.204% now, against its 7-day average of +0.040%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.4 days. At the pace of the last 3 days (−0.008% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex NEARUSDT | 4.3160 | 0.0096 | pay 0.0012% / 1h | 8m 01s | $115K | $474K | 50x |
| Short | Variational Omni NEAR | 4.3248 | 0.0010 | get 0.0010% / 8h | 7h 08m | $8.2M | $18.9M | — |
Popdex NEARUSDT
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Popdex. 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
- −$18.01
- Price spread: +0.204% → +0.040%
- $16.34
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.07
- Costs to cover
- 0.064%
- Break-even
- from the start
Slippage unknown: Popdex: 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 Popdex live order book, 1 min ago | 1.16 bp | 7.5 bp −$7 | 60.0 bp −$600 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.87 bp | doesn't fit | 9.4 bp −$94 | 33.4 bp −$3,340 | 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 | 4.3156 | −0.010% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0130% | 1h | 4.3267 | +0.248% | $8.0M | $37.9M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3282 | +0.283% | $2.3M | $13.0M | 50x | as long as short |
| Phemex NEARUSDT | −0.0057% | 8h | 4.3280 | +0.278% | $3.9M | $8.4M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3158 | −0.004% | $112K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3221 | +0.141% | $346K | $18.6M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3221 | +0.141% | $205K | — | 150x | as long as short |
| Variational Omni NEARshort | +0.0010% | 8h | 4.3248 | +0.204% | $8.2M | $18.9M | — | |
| 01 Exchange NEARUSD | +0.0032% | 1h | 4.3179 | +0.044% | $13K | $7K | 10x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.055% | $578 | $302K | 12x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
Phemex NEARUSDT
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
01 Exchange NEARUSD
Injective NEAR/USDC PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDTlong | +0.0096% | 1h | 4.3160 | long leg | $115K | $474K | 50x | |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.3237 | +0.178% | $57K | $162K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3122 | −0.088% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3253 | +0.216% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3199 | +0.091% | $402K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3300 | +0.324% | $258.5M | $1.05B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3255 | +0.220% | $218.8M | $413.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3250 | +0.209% | $61.1M | $278.3M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3170 | +0.023% | $205K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3083 | −0.177% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3297 | +0.317% | $31.1M | $60.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3280 | +0.278% | $75.8M | $141.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3300 | +0.324% | $56.2M | $42.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3277 | +0.271% | $72.1M | $122.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3300 | +0.324% | — | $141.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3305 | +0.335% | $258K | $1.1M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3459 | +0.694% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3340 | +0.417% | $181K | $775K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3200 | +0.093% | $198K | $3.4M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3210 | +0.116% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3225 | +0.151% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3270 | +0.255% | $456K | $3.7M | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3253 | +0.215% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3217 | +0.132% | $201K | $31K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3300 | +0.324% | $13.2M | $27.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0375% / S −0.0307% | 1h | 4.3219 | +0.136% | $275K | — | 100x | as long as short |
| Hyperliquid NEAR | +0.0404% | 1h | 4.3385 | +0.522% | $368.3M | $300.9M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3170 | +0.024% | $403K | $1.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0434% | 1h | 4.3145 | −0.035% | $1.9M | $3.1M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0444% | 1h | 4.3243 | +0.192% | $1.9M | $3.9M | 25x | as long as short |
| Lighter RH NEAR | +0.0472% | 1h | 4.3289 | +0.299% | $1.6M | $7.0M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0486% | 1h | 4.3352 | +0.445% | $1.3M | $5.9M | 20x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3638 | +1.108% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1507% | 1h | 4.3276 | +0.268% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1800% | 1h | 4.3370 | +0.486% | $17.3M | $24.7M | 15x | 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
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Hyperliquid NEAR
RISEx NEAR/USDC
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR