NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.018%

Price spread now: Variational Omni against Kalshi−0.443%55s7-day average +0.001% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kalshi Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.088%+$9 on $10k

Price spread, last 7 days+0.246%+$25 · spread now −0.443%, 7d avg +0.001%

Together, before fees+0.334%+ Points / potential airdropVariational Omni: Active · farm board+$33 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 0.444% cheaper against Kalshi than usual: you would sell low and buy high, −$44 on $10k if it goes back to its 7-day average of +0.001%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXNEARPERP	4.3139	0	get 0.0000% / 8h	3h 21m	$378K	$19.3M	2.2x
Short	Variational Omni NEAR	4.2948	0.0003	get 0.0003% / 8h	7h 21m	$8.1M	$18.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Kalshi. 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

Position, each leg$Hold fordaysFee KalshibpFee Variational OmnibpOrdersPrice spread, now −0.443%Rate

Funding earned: $0.58
Price spread: −0.443% → +0.001%: −$44.35
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$53.77
Costs to cover: 0.100%
Break-even: 654.5 days

Slippage unknown: Kalshi: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Kalshi live order book, 2 min ago	6.29 bp	16.8 bp −$17	22.6 bp −$226	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	3.88 bp	doesn't fit	10.6 bp −$106	35.2 bp −$3,523	doesn't fit

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	4.2939	−0.464%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0131%	1h	4.3008	−0.303%	$7.3M	$37.3M	50x	as long as short
Phemex NEARUSDT	−0.0119%	8h	4.3140	+0.002%	$3.8M	$8.5M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3167	+0.065%	$2.3M	$13.1M	50x	as long as short
01 Exchange NEARUSD	−0.0008%	1h	4.2970	−0.392%	$13K	$7K	10x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3008	−0.304%	$111K	$64K	10x	as long as short
Kalshi KXNEARPERPlong	0.0000%	8h	4.3139	long leg	$378K	$19.3M	2.2x
Variational Omni NEARshort	+0.0003%	8h	4.2948	−0.443%	$8.1M	$18.9M	—
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0002%	1h	4.2967	−0.399%	$154K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.008%	$578	$302K	12x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex NEARUSDT	+0.0096%	1h	4.2990	−0.345%	$114K	$485K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3009	−0.301%	$57K	$189K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0099%	8h	4.2999	−0.324%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3020	−0.275%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2979	−0.371%	$397K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2975	−0.381%	$256.2M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2959	−0.417%	$218.0M	$417.7M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2980	−0.369%	$60.8M	$280.7M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3030	−0.253%	$197K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2789	−0.811%	$244K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2966	−0.401%	$30.9M	$60.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2970	−0.392%	$76.9M	$141.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3020	−0.276%	$56.1M	$43.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2997	−0.329%	$71.2M	$124.7M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2970	−0.392%	—	$141.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3061	−0.181%	$256K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3032	−0.247%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3070	−0.160%	$180K	$781K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2985	−0.357%	$192K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3030	−0.253%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3000	−0.322%	$5K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3260	+0.280%	$458K	$3.7M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2992	−0.340%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3013	−0.293%	$200K	$28K	3x	as long as short
Hyperliquid NEAR	+0.0197%	1h	4.3027	−0.260%	$362.7M	$302.1M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0215%	1h	4.3030	−0.253%	$1.9M	$3.6M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3130	−0.021%	$12.9M	$28.2M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0374% / S −0.0307%	1h	4.2962	−0.410%	$274K	—	100x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3035	−0.242%	$404K	$1.2M	10x	as long as short
Lighter RH NEAR	+0.0432%	1h	4.3110	−0.067%	$1.6M	$7.0M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0462%	1h	4.3226	+0.202%	$1.3M	$5.9M	20x	as long as short
Nado NEAR-PERP	+0.0472%	1h	4.2993	−0.338%	$1.9M	$3.2M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3141	+0.005%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1392%	1h	4.2986	−0.354%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1912%	1h	4.3055	−0.195%	$17.2M	$24.6M	15x	as long as short