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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Orderly against Variational Omni−0.206%7-day average +0.011% · 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 4 days (all we have)+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.240%−$24 · spread now −0.206%, 7d avg +0.011%
Together, before fees−0.230%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.216% cheaper against Variational Omni than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.39070.0100pay 0.0100% / 8h3h 58m$8.5M$18.0M
ShortOrderly PERP_NEAR_USDC4.38170.0100get 0.0100% / 8h3h 58m$56K$244K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$0
Price spread: −0.206% → +0.011%
−$21.63
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$27.63
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago3.85 bpdoesn't fit10.9 bp −$10930.1 bp −$3,005doesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3788−0.271%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3837−0.160%$108K$69K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3928+0.047%$623K$22.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3789−0.269%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.688%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3800−0.244%$2.2M$15.6M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3840−0.153%$113K$504K50xas long as short
Binance NEARUSDT+0.0100%8h4.3830−0.176%$270.5M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3780−0.290%$220.9M$422.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3800−0.244%$62.6M$293.7M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk NEAR-USD+0.0100%1h4.3879−0.065%$250K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3777−0.297%$31.9M$60.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3820−0.199%$76.1M$142.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3810−0.222%$54.6M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3778−0.295%$71.9M$129.0M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3790−0.267%$6.6Mas long as short
Variational Omni NEARlong+0.0100%8h4.3907long leg$8.5M$18.0M
edgeX NEARUSDC+0.0100%4h4.3951+0.099%$264K$966K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3988+0.185%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3990+0.188%$169K$801K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3846−0.140%$244K$3.8M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.3817−0.206%$56K$244K20x
SunX NEAR-USDT+0.0100%8h4.3940+0.074%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3880−0.062%$454K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3840−0.153%$3.8M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3835−0.164%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3818−0.203%$204K$40K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3910+0.006%$13.8M$32.5M75xas long as short
SoDEX NEAR-USD+0.0249%1h4.3780−0.290%$8K$52K10xas long as short
Pacifica NEAR+0.0263%1h4.3879−0.064%$417K$1.2M10xas long as short
Aster NEARUSDT+0.0313%8h4.3817−0.207%$2.9M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0191%1h4.3788−0.272%$233K100xas long as short
Hyperliquid NEAR+0.0542%1h4.3847−0.137%$361.2M$320.3M10xas long as short
01 Exchange NEARUSD+0.0576%1h4.3899−0.019%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0588%1h4.3817−0.206%$1.3M$6.3M20xas long as short
Extended NEAR-USD+0.0592%1h4.3752−0.354%$3.9M$19.6M25xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0595%1h4.3804−0.235%$2.0M$7.4M25xas long as short
Nado NEAR-PERP+0.0617%1h4.3821−0.196%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3890−0.039%$216K$1.7M10xas long as short
Lighter RH NEAR+0.0672%1h4.3856−0.117%$1.6M$7.0M10xas long as short
Kraken Futures PF_NEARUSD+0.0704%1h4.3794−0.259%$7.8M$39.8M50xas long as short
Phoenix NEAR+0.0794%1h4.4008+0.229%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.1162%1h4.3890−0.039%$603K$1.4M10xas long as short
Lighter NEAR+0.1368%1h4.3872−0.080%$17.7M$24.8M15xas long as short
Aftermath Perps NEARUSD+0.1620%1h4.3890−0.039%$5K$12K10xas long as short