Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against Variational Omni−0.135%7-day average −0.036% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.003%$0 on $10k
+Price spread, last 7 days+0.155%+$16 · spread now −0.135%, 7d avg −0.036%
=Together, before fees+0.158%+ Points / potential airdropVariational Omni: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.099% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.036%). If the spread goes back, that is −$10 on $10k: about 8.1 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.003% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NEAR | 4.3918 | 0.0059 | pay 0.0059% / 8h | 6h 28m | $8.5M | $18.7M | — |
| Short | Bybit NEARUSDT | 4.3859 | 0.0100 | get 0.0100% / 8h | 6h 28m | $222.8M | $417.9M | 75x |
Variational Omni NEAR
Bybit NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.57
- Price spread: −0.135% → −0.036%
- −$9.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$12.29
- Costs to cover
- 0.110%
- Break-even
- 17.0 days
Slippage unknown: Variational Omni: RFQ quote, just now; Bybit: live order book, 5 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 Variational Omni RFQ quote, just now | 3.86 bp | doesn't fit | 12.7 bp −$127 | 35.8 bp −$3,577 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.14 bp | 9.3 bp −$9 | 14.5 bp −$145 | 32.5 bp −$3,248 | 183.6 bp −$91.8K |
NEAR on 44 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 | 4.3808 | −0.251% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3791 | −0.290% | $2.2M | $13.7M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3758 | −0.365% | $108K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3828 | −0.205% | $588K | $19.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3805 | −0.258% | $159K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.711% | $578 | $302K | 12x | as long as short |
| Variational Omni NEARlong | +0.0059% | 8h | 4.3918 | long leg | $8.5M | $18.7M | — | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3930 | +0.027% | $112K | $482K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3750 | −0.383% | $413K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3744 | −0.396% | $263.0M | $1.06B | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDTshort | +0.0100% | 8h | 4.3859 | −0.135% | $222.8M | $417.9M | 75x | |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3830 | −0.201% | $61.9M | $285.1M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3970 | +0.118% | $208K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3449 | −1.068% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3700 | −0.497% | $31.5M | $61.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3870 | −0.110% | $75.4M | $139.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3890 | −0.064% | $56.1M | $42.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3685 | −0.531% | $72.3M | $123.5M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3710 | −0.474% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3889 | −0.066% | $271K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3920 | +0.003% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3880 | −0.087% | $182K | $766K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3904 | −0.032% | $219K | $3.5M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3835 | −0.189% | $59K | $189K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3870 | −0.110% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3789 | −0.294% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3870 | −0.110% | $455K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3800 | −0.269% | $3.9M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3844 | −0.170% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3708 | −0.478% | $3.8M | $18.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3835 | −0.189% | $204K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0147% | 8h | 4.3780 | −0.316% | $3.0M | $5.7M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0216% | 1h | 4.3763 | −0.352% | $7.7M | $39.9M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0360% / S −0.0276% | 1h | 4.3826 | −0.211% | $262K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0392% | 1h | 4.3957 | +0.088% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0422% | 1h | 4.3837 | −0.185% | $1.9M | $3.1M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3928 | +0.022% | $552K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.3944 | +0.059% | $1.8M | $2.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0663% | 1h | 4.3840 | −0.178% | $1.9M | $4.1M | 25x | as long as short |
| Lighter RH NEAR | +0.0776% | 1h | 4.3779 | −0.317% | $1.6M | $7.0M | 10x | as long as short |
| Hyperliquid NEAR | +0.0837% | 1h | 4.3776 | −0.324% | $370.2M | $306.8M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0885% | 1h | 4.3839 | −0.180% | $1.4M | $6.0M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.1468% | 1h | 4.3798 | −0.274% | $6K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1576% | 1h | 4.3816 | −0.233% | $17.5M | $25.0M | 15x | as long as short |
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
Kraken Futures PF_NEARUSD
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Nado NEAR-PERP
RISEx NEAR/USDC
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD
Lighter NEAR