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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: ApeX Omni against Variational Omni+0.210%88s7-day average +0.069% · 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 4 days (all we have)−0.275%−$27 · spread now +0.210%, 7d avg +0.069%
Together, before fees−0.259%+ Points / potential airdropVariational Omni: Active · farm board−$26 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: ApeX Omni is 0.141% dearer against Variational Omni than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.069%. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.43670.0100pay 0.0100% / 8h4h 43m$8.6M$18.2M
ShortApeX Omni NEARUSDT4.44600.0100get 0.0013% / 1h43m 59s$171K$793K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
Price spread: +0.210% → +0.069%
$14.07
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$4.07
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; ApeX Omni: live order book, 15 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, 5 min ago3.83 bpdoesn't fit12.4 bp −$12433.8 bp −$3,380doesn't fit
Sell ApeX Omni live order book, 15 min ago7.82 bp16.5 bp −$1688.0 bp −$880doesn'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%1h4.4695+0.740%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4686+0.719%$2.2M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4567+0.450%$110K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4554+0.422%$610K$22.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4693+0.735%$167K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.664%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4750+0.864%$117K$515K50xas long as short
Pacifica NEAR+0.0100%1h4.4592+0.507%$426K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4680+0.706%$273.2M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4646+0.629%$223.7M$425.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4640+0.616%$63.3M$304.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4550+0.413%$254K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4644+0.625%$32.3M$63.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4710+0.774%$75.1M$147.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4720+0.796%$55.5M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4642+0.620%$73.4M$130.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4650+0.638%$148.0Mas long as short
Variational Omni NEARlong+0.0100%8h4.4367long leg$8.6M$18.2M
edgeX NEARUSDC+0.0100%4h4.4481+0.256%$267K$979K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4624+0.580%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.4460+0.210%$171K$793K50x
Polymarket Perps NEAR-USD+0.0100%1h4.4696+0.742%$241K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4701+0.753%$57K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4760+0.886%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4684+0.715%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4760+0.886%$466K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4680+0.706%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4562+0.439%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4690+0.728%$208K$40K3xas long as short
Hyperliquid NEAR+0.0186%1h4.4688+0.724%$369.1M$326.9M10xas long as short
Extended NEAR-USD+0.0200%1h4.4628+0.589%$4.0M$19.6M25xas long as short
Backpack NEAR_USDC_PERP+0.0218%1h4.4700+0.751%$1.4M$6.6M20xas long as short
BloFin NEAR-USDT+0.0220%8h4.4410+0.097%$14.1M$33.1M75xas long as short
01 Exchange NEARUSD+0.0240%1h4.4759+0.884%$13K$7K10xas long as short
Aster NEARUSDT+0.0296%8h4.4681+0.708%$3.1M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0339% / S −0.0217%1h4.4701+0.754%$250K100xas long as short
Nado NEAR-PERP+0.0500%1h4.4725+0.807%$1.9M$3.1M10xas long as short
Lighter RH NEAR+0.0512%1h4.4740+0.841%$1.6M$7.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0581%1h4.4712+0.778%$8.3M$40.2M50xas long as short
Arcus NEAR-USD+0.0581%1h4.4800+0.976%$221K$1.8M10xas long as short
Lighter NEAR+0.0680%1h4.4764+0.895%$18.0M$26.2M15xas long as short
Phoenix NEAR+0.0794%1h4.4521+0.348%$1.8M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0824%1h4.4726+0.810%$2.0M$6.8M25xas long as short
RISEx NEAR/USDC+0.0926%1h4.4738+0.836%$565K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1557%1h4.4608+0.544%$6K$12K10xas long as short