Funding you earn now, next payment 08:00 UTC−0.0242%/8h= −26.5% APRpaid last 24h −0.086%
Price spread now: Variational Omni against GMX−0.093%7-day average +0.011% · 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)−0.247%−$25 on $10k
+Price spread, last 4 days (all we have)+0.312%+$31 · spread now −0.093%, 7d avg +0.011%
=Together, before fees+0.066%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.103% cheaper against GMX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX NEAR/USD [ETH-USDC] | 4.3590 | L +0.0342% / S −0.0242% | pay 0.0043% / 1h | 3m 07s | $253K | — | 100x |
| Short | Variational Omni NEAR | 4.3549 | 0.0100 | get 0.0100% / 8h | 3m 07s | $8.9M | $18.6M | — |
GMX NEAR/USD [ETH-USDC]
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. 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
- −$50.86
- Price spread: −0.093% → +0.011%
- −$10.34
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$73.2
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 3.86 bp | doesn't fit | 10.4 bp −$104 | 29.0 bp −$2,896 | doesn't fit |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3529 | −0.139% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3462 | −0.292% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3591 | +0.004% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3621 | +0.072% | $7.2M | $38.7M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.000% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3570 | −0.045% | $114K | $499K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3610 | +0.047% | $219.7M | $430.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3610 | +0.047% | $61.6M | $296.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | +0.368% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3609 | +0.045% | $35.9M | $63.2M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3630 | +0.093% | $52.9M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3602 | +0.029% | $72.1M | $127.9M | 75x | as long as short |
| Variational Omni NEARshort | +0.0100% | 8h | 4.3549 | −0.093% | $8.9M | $18.6M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3722 | +0.305% | $253K | $896K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3681 | +0.211% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3680 | +0.208% | $167K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3598 | +0.019% | $274K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3643 | +0.123% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3630 | +0.093% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3625 | +0.081% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3620 | +0.070% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3587 | −0.005% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3605 | +0.035% | $3.6M | $16.4M | 25x | as long as short |
| Aster NEARUSDT | +0.0105% | 8h | 4.3603 | +0.031% | $2.7M | $4.8M | 50x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3630 | +0.093% | $203K | $38K | 3x | as long as short |
| Hyperliquid NEAR | +0.0132% | 1h | 4.3638 | +0.111% | $351.6M | $316.3M | 10x | as long as short |
| Binance NEARUSDT | +0.0144% | 8h | 4.3620 | +0.070% | $263.5M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0146% | 8h | 4.3630 | +0.093% | $89.0M | $154.7M | 200x | as long as short |
| HTX NEAR-USDT | +0.0159% | 8h | 4.3690 | +0.231% | $465K | $3.8M | 75x | as long as short |
| BingX NEAR-USDC | +0.0162% | 8h | 4.3620 | +0.070% | — | $6.6M | — | as long as short |
| Kalshi KXNEARPERP | +0.0169% | 8h | 4.3521 | −0.157% | $940K | $25.1M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0232% | 1h | 4.3587 | −0.006% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0264% | 8h | 4.3630 | +0.093% | $13.4M | $32.1M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC]long | L +0.0342% / S −0.0242% | 1h | 4.3590 | long leg | $253K | — | 100x | |
| Nado NEAR-PERP | +0.0371% | 1h | 4.3569 | −0.048% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0473% | 1h | 4.3666 | +0.175% | $1.1M | $7.2M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3621 | +0.072% | $2.3M | $17.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0496% | 1h | 4.3675 | +0.196% | $1.5M | $6.8M | 10x | as long as short |
| Lighter NEAR | +0.0560% | 1h | 4.3684 | +0.217% | $17.2M | $25.4M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3580 | −0.022% | $228K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3557 | −0.075% | $411K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3702 | +0.258% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3563 | −0.060% | $604K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1125% | 1h | 4.3624 | +0.078% | $5K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1355% | 1h | 4.3690 | +0.231% | $1.9M | $13.1M | 25x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
Aevo NEAR-PERP
Hyperliquid NEAR
Binance NEARUSDT
MEXC NEAR_USDT
HTX NEAR-USDT
BingX NEAR-USDC
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Arcus NEAR-USD
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL