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−0.0096%/8h= −10.5% APRpaid last 24h −0.024%
Price spread now: gTrade (Gains Network) against Variational Omni−0.738%7-day average −0.007% · you buy dearer than you sell
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)−0.082%−$8 on $10k
Price spread, last 3 days (all we have)+0.524%+$52 · spread now −0.738%, 7d avg −0.007%
Together, before fees+0.442%+ Points / potential airdropVariational Omni: Active · farm board+$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.731% cheaper against Variational Omni than usual: you would sell low and buy high (−$73 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.30200.0100pay 0.0100% / 8h46m 52s$8.0M$17.9M
ShortgTrade (Gains Network) NEAR/USD4.2702L +0.0004% / S −0.0004%get 0.0001% / 1h46m 52s$203K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.12
Price spread: −0.738% → −0.007%
−$73.11
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$103.23
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 32 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 ago3.87 bpdoesn't fit11.9 bp −$11934.9 bp −$3,487doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 32 min ago130.01 bp137.7 bp −$1381007.8 bp −$10.1Kdoesn'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%1h4.2679−0.792%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2678−0.794%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2746−0.635%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2692−0.762%$401K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDshortL +0.0004% / S −0.0004%1h4.2702−0.738%$203K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.742%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2700−0.743%$108K$496K50xas long as short
Bybit NEARUSDT+0.0097%8h4.2690−0.766%$219.4M$422.0M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2706−0.728%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2726−0.683%$3.0M$5.6M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2751−0.625%$402K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2730−0.673%$253.0M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2640−0.882%$60.9M$284.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2710−0.720%$197K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000−0.046%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2697−0.750%$30.1M$58.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2720−0.696%$78.2M$140.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2730−0.673%$56.0M$43.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2689−0.769%$70.9M$126.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2710−0.720%$6.6Mas long as short
Variational Omni NEARlong+0.0100%8h4.3020long leg$8.0M$17.9M
edgeX NEARUSDC+0.0100%4h4.2986−0.077%$245K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2963−0.131%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2990−0.069%$180K$788K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2724−0.687%$217K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2662−0.831%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2730−0.673%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2690−0.766%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2700−0.743%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2651−0.856%$4.0M$15.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2685−0.778%$206K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2700−0.742%$7.4M$36.9M50xas long as short
01 Exchange NEARUSD+0.0208%1h4.2726−0.683%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2730−0.673%$13.0M$30.7M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0336%1h4.2707−0.727%$1.9M$2.3M25xas long as short
Lighter RH NEAR+0.0344%1h4.2768−0.585%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0375% / S −0.0314%1h4.2695−0.754%$274K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2733−0.666%$412K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0431%1h4.2742−0.645%$1.3M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2919−0.234%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0839%1h4.2710−0.720%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0879%8h4.2760−0.603%$457K$3.7M75xas long as short
Hyperliquid NEAR+0.1181%1h4.2783−0.550%$368.7M$298.1M10xas long as short
Aftermath Perps NEARUSD+0.1208%1h4.2998−0.050%$5K$11K10xas long as short
Lighter NEAR+0.1920%1h4.2820−0.464%$16.5M$23.7M15xas long as short