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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.006%
Price spread now: Aevo against Variational Omni+0.144%48s7-day average −0.004% · 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)+0.016%+$2 on $10k
Price spread, last 3 days (all we have)−0.444%−$44 · spread now +0.144%, 7d avg −0.004%
Together, before fees−0.428%+ Points / potential airdropVariational Omni: Active · farm board−$43 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: Aevo is 0.148% dearer against Variational Omni than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.004%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.14600.0100pay 0.0100% / 8h1h 36m$7.7M$18.4M
ShortAevo NEAR-PERP4.15200.0104get 0.0013% / 1h36m 36s$200K$62K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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
$0.84
Price spread: +0.144% → −0.004%
$14.78
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$0.38
Costs to cover
0.160%
Break-even
10.2 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Aevo: live order book, 47 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 Variational Omni RFQ quote, 3 min ago3.92 bpdoesn't fit12.0 bp −$12028.3 bp −$2,829doesn't fit
Sell Aevo live order book, 47 min ago19.39 bp29.8 bp −$30doesn't fitdoesn't fitdoesn'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%1h4.1467+0.017%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1467+0.016%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.121%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1566+0.256%$108K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1541+0.195%$419K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1524+0.154%$206K150xas long as short
Kraken Futures PF_NEARUSD+0.0049%1h4.1560+0.240%$7.6M$36.8M50xas long as short
01 Exchange NEARUSD+0.0056%1h4.1544+0.202%$12K$7K10xas long as short
Lighter RH NEAR+0.0096%1h4.1603+0.344%$1.4M$6.9M10xas long as short
Popdex NEARUSDT+0.0096%1h4.1520+0.144%$111K$482K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0099%8h4.1540+0.192%$53K$155K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1552+0.222%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1567+0.258%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1576+0.279%$360K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1527+0.161%$237.4M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1530+0.168%$211.6M$422.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1480+0.048%$57.0M$274.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1540+0.192%$308K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1500+0.096%$236K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1537+0.185%$29.8M$57.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1560+0.241%$81.8M$141.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1580+0.289%$54.8M$44.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1483+0.055%$68.9M$125.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1500+0.096%$136.8Mas long as short
Variational Omni NEARlong+0.0100%8h4.1460long leg$7.7M$18.4M
edgeX NEARUSDC+0.0100%4h4.1467+0.016%$236K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1454−0.014%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1510+0.120%$182K$789K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1525+0.156%$199K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1540+0.192%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1529+0.166%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1520+0.144%$3.8M$8.1M50xas long as short
Lighter NEAR+0.0104%1h4.1607+0.353%$15.3M$22.5M15xas long as short
Extended NEAR-USD+0.0104%1h4.1493+0.079%$3.8M$14.7M25xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.1520+0.144%$200K$62K3x
BloFin NEAR-USDT+0.0220%8h4.1510+0.120%$12.3M$33.3M75xas long as short
Hyperliquid NEAR+0.0268%1h4.1598+0.332%$350.1M$297.7M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1544+0.203%$408K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0379% / S −0.0327%1h4.1522+0.149%$279K100xas long as short
Backpack NEAR_USDC_PERP+0.0418%1h4.1609+0.359%$1.2M$5.7M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0496%1h4.1569+0.262%$1.8M$2.2M25xas long as short
Phoenix NEAR+0.0542%1h4.1571+0.267%$1.7M$2.7M10xas long as short
Nado NEAR-PERP+0.0560%1h4.1481+0.049%$1.8M$3.5M10xas long as short
Aftermath Perps NEARUSD+0.0854%1h4.1521+0.145%$5K$11K10xas long as short
HTX NEAR-USDT+0.0990%8h4.1640+0.434%$449K$3.6M75xas long as short