Funding you earn now, next payment 23:00 UTC+0.0185%/8h= +20.2% APRpaid last 24h +0.181%
Price spread now: Hyperliquid against Variational Omni+0.054%7-day average +0.081% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.298%+$30 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.054%, 7d avg +0.081%
=Together, before fees+0.290%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.027% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.054% now, against its 7-day average of +0.081%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NEAR | 4.1361 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $7.7M | $18.5M | — |
| Short | Hyperliquid NEAR | 4.1384 | 0.0285 | get 0.0036% / 1h | 55m 21s | $347.6M | $300.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $38.75
- Price spread: +0.054% → +0.081%
- −$2.68
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $27.07
- Costs to cover
- 0.090%
- Break-even
- 2.1 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Hyperliquid: live order book, 9 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, 4 min ago | 3.93 bp | doesn't fit | 11.1 bp −$111 | 29.8 bp −$2,984 | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.12 bp | 6.2 bp −$6 | 8.5 bp −$85 | doesn't fit | doesn't fit |
NEAR on 45 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 | 4.1328 | −0.081% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.1339 | −0.054% | $2.1M | $12.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | +0.117% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1342 | −0.047% | $104K | $54K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1474 | +0.272% | $413K | $18.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1353 | −0.020% | $205K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0049% | 1h | 4.1384 | +0.055% | $7.5M | $36.9M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0056% | 1h | 4.1349 | −0.030% | $12K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1350 | −0.028% | $110K | $492K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.1331 | −0.074% | $53K | $157K | 20x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1316 | −0.111% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1366 | +0.011% | $2.9M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1353 | −0.020% | $348K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1340 | −0.052% | $235.7M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1330 | −0.076% | $210.8M | $427.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1330 | −0.076% | $56.4M | $275.6M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1360 | −0.004% | $306K | $1.6M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1252 | −0.265% | $235K | $6K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1320 | −0.100% | $29.5M | $56.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1320 | −0.100% | $81.0M | $140.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1360 | −0.004% | $55.9M | $44.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1316 | −0.110% | $68.7M | $126.6M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.1340 | −0.052% | — | $6.6M | — | as long as short |
| Variational Omni NEARlong | +0.0100% | 8h | 4.1361 | long leg | $7.7M | $18.5M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1392 | +0.074% | $236K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1460 | +0.238% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1490 | +0.311% | $182K | $794K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1384 | +0.054% | $195K | $3.2M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1400 | +0.093% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1345 | −0.040% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1370 | +0.021% | $3.8M | $8.2M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1284 | −0.187% | $3.8M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1355 | −0.015% | $199K | $62K | 3x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0137% | 1h | 4.1358 | −0.008% | $1.8M | $2.1M | 25x | as long as short |
| Lighter RH NEAR | +0.0152% | 1h | 4.1388 | +0.064% | $1.4M | $6.9M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1340 | −0.052% | $12.2M | $33.5M | 75x | as long as short |
| Lighter NEAR | +0.0280% | 1h | 4.1403 | +0.099% | $15.2M | $22.4M | 15x | as long as short |
| Hyperliquid NEARshort | +0.0285% | 1h | 4.1384 | +0.054% | $347.6M | $300.1M | 10x | |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.1354 | −0.018% | $411K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0378% / S −0.0327% | 1h | 4.1357 | −0.012% | $278K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0540% | 1h | 4.1376 | +0.035% | $1.3M | $5.8M | 20x | as long as short |
| Phoenix NEAR | +0.0582% | 1h | 4.1533 | +0.415% | $1.7M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0611% | 1h | 4.1368 | +0.017% | $1.8M | $3.6M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0972% | 1h | 4.1382 | +0.049% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1035% | 8h | 4.1460 | +0.238% | $445K | $3.7M | 75x | as long as short |
Variational Omni NEAR
Hyperliquid NEAR
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
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
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
BloFin NEAR-USDT
Lighter NEAR
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Phoenix NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT