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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0090%/8h= +9.8% APRpaid last 24h +0.012%
Price spread now: Polymarket Perps against Variational Omni+0.391%7-day average +0.013% · you sell dearer than you buy
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)+0.007%+$1 on $10k
Price spread, last 7 days−0.268%−$27 · spread now +0.391%, 7d avg +0.013%
Together, before fees−0.261%+ Points / potential airdropVariational Omni: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.378% dearer against Variational Omni than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.32480.0010pay 0.0010% / 8h7h 10m$8.2M$18.9M
ShortPolymarket Perps NEAR-USD4.34170.0100get 0.0013% / 1h10m 41s$194K$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$18.85
Price spread: +0.391% → +0.013%
$37.76
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$48.61
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Polymarket Perps: live order book, 3 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, 3 min ago3.86 bpdoesn't fit11.8 bp −$11834.0 bp −$3,403doesn't fit
Sell Polymarket Perps live order book, 3 min ago2.42 bp9.2 bp −$928.4 bp −$284doesn'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
Phemex NEARUSDT−0.0239%8h4.3180−0.157%$3.8M$8.4M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3385+0.318%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0130%1h4.3198−0.115%$7.9M$38.1M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3396+0.343%$2.3M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.3164−0.195%$112K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3275+0.063%$346K$19.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3232−0.037%$204K150xas long as short
Variational Omni NEARlong+0.0010%8h4.3248long leg$8.2M$18.9M
01 Exchange NEARUSD+0.0016%1h4.3417+0.391%$13K$7K10xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.250%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NEAR_USDC-PERPETUAL+0.0051%1h4.3214−0.078%$1.9M$3.8M25xas long as short
Popdex NEARUSDT+0.0096%1h4.3400+0.352%$115K$479K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.3203−0.104%$57K$177K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3164−0.194%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.3230−0.041%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.3182−0.153%$399K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3150−0.226%$257.6M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3130−0.273%$218.5M$414.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3110−0.319%$60.9M$277.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3180−0.157%$205K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3083−0.380%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3138−0.254%$31.0M$60.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3140−0.249%$75.6M$141.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3170−0.180%$56.1M$42.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3125−0.284%$71.9M$122.3M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3130−0.273%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3290+0.098%$258K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3459+0.489%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3330+0.190%$181K$780K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.3417+0.391%$194K$3.4M10x
SunX NEAR-USDT+0.0100%8h4.3280+0.074%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3185−0.145%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3350+0.236%$457K$3.7M75xas long as short
Extended NEAR-USD+0.0104%1h4.3111−0.316%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3180−0.157%$201K$31K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3230−0.041%$12.9M$27.7M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0307%1h4.3245−0.007%$277K100xas long as short
Hyperliquid NEAR+0.0376%1h4.3229−0.044%$366.9M$306.8M10xas long as short
Nado NEAR-PERP+0.0417%1h4.3381+0.308%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3174−0.170%$402K$1.2M10xas long as short
Lighter RH NEAR+0.0472%1h4.3228−0.046%$1.6M$7.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0485%1h4.3193−0.127%$1.3M$5.9M20xas long as short
Phoenix NEAR+0.0499%1h4.3638+0.902%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1503%1h4.3323+0.173%$5K$12K10xas long as short
Lighter NEAR+0.1792%1h4.3256+0.019%$17.3M$24.7M15xas long as short