Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.051%
Price spread now: Injective against Variational Omni−1.508%106s7-day average +1.141% · 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)+0.026%+$3 on $10k
+Price spread, last 3 days (all we have)+4.515%+$452 · spread now −1.508%, 7d avg +1.141%
=Together, before fees+4.541%+ Points / potential airdropVariational Omni: Active · farm board+$454 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.648% cheaper against Variational Omni than usual: you would sell low and buy high (−$265 if the spread goes back to its 7-day average of +1.141%). Swap the legs. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NEAR | 4.1354 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $7.6M | $18.4M | — |
| Short | Injective NEAR/USDC PERP | 4.0730 | 0.0033 | get 0.0004% / 1h | 31m 32s | $569 | $239K | 12x |
Variational Omni NEAR
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14.06
- Price spread: −1.508% → +1.141%
- −$264.84
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$278.92
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Injective: no order-book sample. 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, 3 min ago | 3.92 bp | doesn't fit | 14.7 bp −$147 | 37.4 bp −$3,742 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.1583 | +0.556% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0024% | 1h | 4.1562 | +0.504% | $2.1M | $12.7M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1548 | +0.470% | $104K | $54K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1523 | +0.410% | $412K | $19.1M | 2.2x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | 0.0000% | 1h | 4.1503 | +0.361% | $1.8M | $2.1M | 25x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1476 | +0.297% | $205K | — | 150x | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.0730 | −1.508% | $569 | $239K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1590 | +0.572% | $108K | $489K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1570 | +0.523% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1565 | +0.512% | $2.9M | $5.9M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
Deribit NEAR_USDC-PERPETUAL
gTrade (Gains Network) NEAR/USD
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.1580 | +0.547% | $368K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1583 | +0.555% | $236.8M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1580 | +0.548% | $212.0M | $428.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1590 | +0.572% | $56.8M | $278.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1550 | +0.475% | $237K | $6K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1562 | +0.504% | $29.6M | $58.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1570 | +0.523% | $81.0M | $143.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1590 | +0.572% | $56.2M | $45.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1592 | +0.577% | $69.3M | $127.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.1540 | +0.451% | — | $136.5M | — | as long as short |
| Variational Omni NEARlong | +0.0100% | 8h | 4.1354 | long leg | $7.6M | $18.4M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1548 | +0.470% | $236K | $1.3M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1528 | +0.423% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1560 | +0.499% | $183K | $790K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1613 | +0.627% | $192K | $3.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.1474 | +0.291% | $53K | $159K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1560 | +0.499% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1475 | +0.294% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1500 | +0.354% | $3.8M | $8.4M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1564 | +0.509% | $3.7M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1475 | +0.294% | $201K | $65K | 3x | as long as short |
| Arcus NEAR-USD | +0.0118% | 1h | 4.1600 | +0.596% | $308K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0149% | 1h | 4.1490 | +0.331% | $7.1M | $36.7M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1580 | +0.548% | $12.2M | $33.8M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0240% | 1h | 4.1600 | +0.596% | $12K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0332% | 1h | 4.1585 | +0.560% | $1.8M | $3.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0360% | 1h | 4.1630 | +0.668% | $1.4M | $7.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0374% / S −0.0317% | 1h | 4.1473 | +0.288% | $273K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.1605 | +0.609% | $416K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0582% | 1h | 4.1650 | +0.717% | $1.7M | $2.8M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0807% | 1h | 4.1545 | +0.463% | $1.4M | $5.7M | 20x | as long as short |
| Lighter NEAR | +0.0888% | 1h | 4.1641 | +0.696% | $15.5M | $22.7M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1005% | 1h | 4.1432 | +0.190% | $5K | $11K | 10x | as long as short |
| Hyperliquid NEAR | +0.1081% | 1h | 4.1642 | +0.698% | $350.2M | $301.6M | 10x | as long as short |
| HTX NEAR-USDT | +0.1123% | 8h | 4.1640 | +0.693% | $448K | $3.8M | 75x | as long as short |
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-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
01 Exchange NEARUSD
Nado NEAR-PERP
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Phoenix NEAR
Backpack NEAR_USDC_PERP
Lighter NEAR
Aftermath Perps NEARUSD
Hyperliquid NEAR
HTX NEAR-USDT