Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.40 per $10,000 · paid last 24h −0.018%
Price spread now: Kalshi against Variational Omni−0.484%7-day average 0.000% · 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)−0.088%−$9 on $10k
+Price spread, last 7 days+0.650%+$65 · spread now −0.484%, 7d avg 0.000%
=Together, before fees+0.562%+ Points / potential airdropVariational Omni: Active · farm board+$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kalshi is 0.484% cheaper against Variational Omni than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NEAR | 4.3438 | 0.0040 | pay 0.0040% / 8h | 6h 42m | $8.2M | $19.1M | — |
| Short | Kalshi KXNEARPERP | 4.3228 | 0 | get 0.0000% / 8h | 2h 42m | $558K | $19.5M | 2.2x |
Variational Omni NEAR
Kalshi KXNEARPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi 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
- −$8.4
- Price spread: −0.484% → 0.000%
- −$48.37
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$66.77
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Kalshi: live order book, 1 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, 1 min ago | 3.87 bp | doesn't fit | 14.8 bp −$148 | 38.9 bp −$3,886 | doesn't fit |
| Sell Kalshi live order book, 1 min ago | 6.94 bp | 11.9 bp −$12 | 18.2 bp −$182 | 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 | 4.3174 | −0.607% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3217 | −0.509% | $2.1M | $13.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3024 | −0.955% | $107K | $69K | 10x | as long as short |
| Kalshi KXNEARPERPshort | 0.0000% | 8h | 4.3228 | −0.484% | $558K | $19.5M | 2.2x | |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3149 | −0.665% | $200K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.669% | $578 | $302K | 12x | as long as short |
| Variational Omni NEARlong | +0.0040% | 8h | 4.3438 | long leg | $8.2M | $19.1M | — | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3240 | −0.456% | $115K | $477K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.3167 | −0.624% | $57K | $161K | 20x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3092 | −0.796% | $3.0M | $5.8M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.3007 | −0.993% | $407K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3008 | −0.991% | $257.5M | $1.06B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3040 | −0.917% | $218.9M | $419.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2990 | −1.032% | $60.7M | $278.1M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3270 | −0.387% | $205K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3300 | −0.318% | $247K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3035 | −0.928% | $30.9M | $60.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3050 | −0.894% | $75.9M | $137.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3000 | −1.009% | $55.3M | $42.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2959 | −1.103% | $71.2M | $123.4M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2980 | −1.055% | — | $142.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3320 | −0.273% | $260K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3386 | −0.120% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3310 | −0.295% | $179K | $778K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3253 | −0.427% | $215K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3270 | −0.387% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3175 | −0.606% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3280 | −0.364% | $441K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3210 | −0.525% | $3.8M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2947 | −1.131% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3041 | −0.913% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3165 | −0.629% | $201K | $34K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0219% | 1h | 4.3210 | −0.525% | $7.9M | $40.0M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3220 | −0.502% | $13.2M | $27.6M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0358% / S −0.0277% | 1h | 4.3147 | −0.671% | $259K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0384% | 1h | 4.3276 | −0.374% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0395% | 1h | 4.3185 | −0.583% | $1.9M | $3.0M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3271 | −0.385% | $539K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.3533 | +0.218% | $1.8M | $2.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0664% | 1h | 4.3103 | −0.772% | $1.6M | $6.9M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0677% | 1h | 4.3182 | −0.590% | $1.9M | $4.1M | 25x | as long as short |
| Hyperliquid NEAR | +0.0780% | 1h | 4.3043 | −0.909% | $362.1M | $305.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0823% | 1h | 4.3223 | −0.496% | $1.4M | $6.0M | 20x | as long as short |
| Lighter NEAR | +0.1448% | 1h | 4.3094 | −0.793% | $17.2M | $24.6M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1455% | 1h | 4.3238 | −0.461% | $5K | $12K | 10x | as long as short |
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
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
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Nado NEAR-PERP
RISEx NEAR/USDC
Phoenix NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Lighter NEAR
Aftermath Perps NEARUSD