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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Variational Omni against ApeX Omni+0.047%103s7-day average −0.069% · 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)−0.012%−$1 on $10k
Price spread, last 3 days (all we have)−0.005%−$1 · spread now +0.047%, 7d avg −0.069%
Together, before fees−0.017%+ Points / potential airdropVariational Omni: Active · farm board−$2 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: Variational Omni is 0.117% dearer against ApeX Omni than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.069%. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.16700.0100pay 0.0013% / 1h23m 39s$174K$794K50x
ShortVariational Omni NEAR4.16900.0100get 0.0100% / 8h1h 23m$7.7M$18.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against ApeX 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: +0.047% → −0.069%
$11.69
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1.69
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 60 min ago; Variational Omni: RFQ quote, 1 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 ApeX Omni live order book, 60 min ago8.49 bp16.9 bp −$17121.5 bp −$1,215doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago3.91 bpdoesn't fit9.9 bp −$9932.0 bp −$3,197doesn'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
Reya NEARRUSDPERP−0.0171%1h4.1864+0.466%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1895+0.540%$2.1M$12.7M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.624%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1890+0.528%$109K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1898+0.547%$431K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1894+0.538%$207K150xas long as short
Kraken Futures PF_NEARUSD+0.0048%1h4.1921+0.603%$7.7M$36.8M50xas long as short
Lighter RH NEAR+0.0096%1h4.1935+0.636%$1.5M$7.0M10xas long as short
Popdex NEARUSDT+0.0096%1h4.1880+0.504%$112K$483K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1875+0.492%$30K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.1940+0.648%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1894+0.538%$362K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1890+0.527%$240.2M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1863+0.463%$213.6M$423.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1860+0.456%$57.9M$276.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1880+0.504%$225K$1.7M10xas long as short
Gate NEAR_USDT+0.0100%8h4.1890+0.528%$30.0M$57.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1880+0.504%$83.0M$142.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1900+0.552%$55.2M$44.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1868+0.475%$69.3M$125.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1880+0.504%$136.8Mas long as short
Variational Omni NEARshort+0.0100%8h4.1690+0.047%$7.7M$18.3M
edgeX NEARUSDC+0.0100%4h4.1652−0.043%$238K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1653−0.040%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.1670long leg$174K$794K50x
Polymarket Perps NEAR-USD+0.0100%1h4.1913+0.583%$205K$3.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1885+0.516%$53K$158K20xas long as short
SunX NEAR-USDT+0.0100%8h4.1950+0.672%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1890+0.528%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1880+0.504%$3.9M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1600−0.168%$237K$2K10xas long as short
Extended NEAR-USD+0.0104%1h4.1849+0.430%$3.9M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1885+0.516%$202K$62K3xas long as short
01 Exchange NEARUSD+0.0112%1h4.1901+0.554%$12K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1800+0.312%$12.4M$31.3M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0299%1h4.1931+0.626%$1.9M$2.2M25xas long as short
RISEx NEAR/USDC+0.0364%1h4.1903+0.558%$412K$1.2M10xas long as short
Hyperliquid NEAR+0.0377%1h4.1949+0.670%$354.0M$292.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0381% / S −0.0327%1h4.1890+0.527%$282K100xas long as short
Backpack NEAR_USDC_PERP+0.0466%1h4.1933+0.631%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0531%1h4.1849+0.430%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1813+0.343%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0688%1h4.1982+0.748%$16.0M$23.3M15xas long as short
HTX NEAR-USDT+0.0960%8h4.2020+0.840%$450K$3.6M75xas long as short
Aftermath Perps NEARUSD+0.0962%1h4.1794+0.299%$5K$11K10xas long as short