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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0101%/8h= −11.1% APRpaid last 24h −0.035%
Price spread now: Coinbase International against Variational Omni+0.817%7-day average −0.025% · 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)−0.158%−$16 on $10k
Price spread, last 3 days (all we have)−1.041%−$104 · spread now +0.817%, 7d avg −0.025%
Together, before fees−1.199%+ Points / potential airdropVariational Omni: Active · farm board−$120 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.843% dearer against Variational Omni than usual: you sell high and buy low (spread +0.817% now, against its 7-day average of −0.025%): +$84 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.30180.0005pay 0.0005% / 8h7h 11m$8.2M$18.9M
ShortCoinbase International NEAR-PERP-INTX4.3370−0.0096pay 0.0012% / 1h11m 59s$2.3M$13.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$21.23
Price spread: +0.817% → −0.025%
$84.3
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$53.07
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago3.86 bpdoesn't fit11.8 bp −$11834.0 bp −$3,403doesn't fit
Sell Coinbase International live order book, 2 min ago6.00 bp11.6 bp −$1217.6 bp −$176doesn'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
Phemex NEARUSDT−0.0275%8h4.3360+0.794%$3.9M$8.4M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3402+0.891%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0130%1h4.3411+0.912%$7.5M$37.5M50xas long as short
Coinbase International NEAR-PERP-INTXshort−0.0096%1h4.3370+0.817%$2.3M$13.2M50x
dYdX NEAR-USD0.0000%1h4.3459+1.025%$113K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3520+1.166%$359K$19.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3430+0.958%$205K150xas long as short
Variational Omni NEARlong+0.0005%8h4.3018long leg$8.2M$18.9M
01 Exchange NEARUSD+0.0016%1h4.3445+0.992%$13K$7K10xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.739%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.3440+0.980%$116K$479K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.3430+0.957%$58K$177K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3452+1.008%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.3458+1.023%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.3470+1.051%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3422+0.939%$259.2M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3408+0.906%$220.0M$415.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3410+0.910%$61.3M$280.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3470+1.050%$206K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3083+0.151%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3405+0.899%$31.3M$60.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3430+0.957%$76.3M$141.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3430+0.957%$56.4M$42.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3420+0.934%$72.4M$122.8M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3430+0.957%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3290+0.632%$258K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3295+0.644%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3330+0.725%$181K$780K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3448+0.999%$194K$3.4M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3500+1.120%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3425+0.945%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3550+1.236%$459K$3.7M75xas long as short
Extended NEAR-USD+0.0104%1h4.3399+0.886%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3428+0.953%$202K$31K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3400+0.887%$13.0M$27.8M75xas long as short
Hyperliquid NEAR+0.0362%1h4.3428+0.952%$369.7M$306.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0307%1h4.3425+0.945%$277K100xas long as short
Nado NEAR-PERP+0.0415%1h4.3450+1.003%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3460+1.027%$404K$1.2M10xas long as short
Lighter RH NEAR+0.0456%1h4.3431+0.959%$1.6M$7.0M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0464%1h4.3464+1.036%$1.9M$3.8M25xas long as short
Backpack NEAR_USDC_PERP+0.0485%1h4.3387+0.857%$1.3M$5.9M20xas long as short
Phoenix NEAR+0.0499%1h4.3638+1.440%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1497%1h4.3294+0.640%$5K$12K10xas long as short
Lighter NEAR+0.1816%1h4.3474+1.059%$17.4M$24.7M15xas long as short