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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.056%
Price spread now: Variational Omni against 01 Exchange−0.326%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.326% cheaper against 01 Exchange than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange NEARUSD4.34080.0320pay 0.0040% / 1h42m 17s$13K$7K10x
ShortVariational Omni NEAR4.32670.0100get 0.0100% / 8h42m 17s$8.6M$18.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against 01 Exchange. 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
−$46.2
Price spread: −0.326% → 0.000%
−$32.58
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$85.78
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Variational Omni: RFQ quote, 2 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 01 Exchange no order-book sample
Sell Variational Omni RFQ quote, 2 min ago3.87 bpdoesn't fit8.9 bp −$8926.1 bp −$2,607doesn't fit
01 Exchange: 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%1h4.3390−0.042%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3346−0.142%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0009%1h4.3409+0.003%$145K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3380−0.066%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.603%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3390−0.041%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3412+0.009%$219.0M$430.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3410+0.005%$61.0M$292.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3597+0.435%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3404−0.009%$35.3M$62.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3400−0.018%$52.6M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3411+0.007%$71.9M$128.1M75xas long as short
Variational Omni NEARshort+0.0100%8h4.3267−0.326%$8.6M$18.7M
edgeX NEARUSDC+0.0100%4h4.3376−0.075%$251K$901K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3210−0.456%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3280−0.295%$165K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3425+0.039%$283K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3434+0.060%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3510+0.235%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3400−0.018%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3230−0.410%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3371−0.085%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3380−0.065%$3.6M$17.4M25xas long as short
HTX NEAR-USDT+0.0108%8h4.3290−0.272%$460K$3.8M75xas long as short
Aevo NEAR-PERP+0.0136%1h4.3410+0.005%$202K$38K3xas long as short
Kalshi KXNEARPERP+0.0196%8h4.3210−0.456%$938K$25.1M2.2xas long as short
MEXC NEAR_USDT+0.0206%8h4.3420+0.028%$82.5M$149.7M200xas long as short
BingX NEAR-USDC+0.0206%8h4.3420+0.028%$6.7Mas long as short
Binance NEARUSDT+0.0206%8h4.3440+0.074%$263.4M$1.09B75xas long as short
Aster NEARUSDT+0.0214%8h4.3420+0.028%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0203%1h4.3420+0.028%$233K100xas long as short
01 Exchange NEARUSDlong+0.0320%1h4.3408long leg$13K$7K10x
BloFin NEAR-USDT+0.0326%8h4.3250−0.364%$13.3M$31.9M75xas long as short
Hyperliquid NEAR+0.0332%1h4.3435+0.062%$350.8M$317.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0420%1h4.3239−0.389%$1.2M$7.0M20xas long as short
Nado NEAR-PERP+0.0428%1h4.3367−0.093%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3345−0.145%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0576%1h4.3409+0.002%$1.5M$6.6M10xas long as short
Arcus NEAR-USD+0.0638%1h4.3390−0.041%$226K$1.6M10xas long as short
Lighter NEAR+0.0736%1h4.3420+0.028%$17.1M$25.0M15xas long as short
Pacifica NEAR+0.0949%1h4.3349−0.135%$408K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3305−0.237%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3450+0.096%$620K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1275%1h4.3331−0.176%$5K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.2192%1h4.3516+0.249%$1.9M$13.2M25xas long as short