Funding you earn now, next payment 04:00 UTC−0.0868%/8h= −95.0% APRpaid last 24h −0.243%
Price spread now: Variational Omni against Lighter−0.274%7-day average −0.154% · 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)−0.573%−$57 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now −0.274%, 7d avg −0.154%
=Together, before fees−0.523%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Variational Omni is 0.120% cheaper against Lighter than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.154%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.4258 | 0.0968 | pay 0.0121% / 1h | 12m 22s | $17.8M | $26.5M | 15x |
| Short | Variational Omni NEAR | 4.4137 | 0.0100 | get 0.0100% / 8h | 4h 12m | $8.6M | $18.1M | — |
Lighter NEAR
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- −$182.28
- Price spread: −0.274% → −0.154%
- −$12.01
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$194.29
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 6 min ago | 2.24 bp | 6.4 bp −$6 | 13.7 bp −$137 | 63.2 bp −$6,323 | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.84 bp | doesn't fit | 12.1 bp −$121 | 33.7 bp −$3,370 | 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 | 4.4071 | −0.423% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4141 | −0.265% | $2.2M | $15.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4159 | −0.226% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4187 | −0.162% | $620K | $22.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4078 | −0.407% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.436% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4150 | −0.245% | $113K | $517K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4188 | −0.158% | $420K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4140 | −0.268% | $271.5M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4064 | −0.439% | $221.9M | $424.2M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4060 | −0.449% | $63.0M | $297.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4054 | −0.461% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4077 | −0.410% | $32.1M | $64.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4140 | −0.268% | $74.9M | $150.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4120 | −0.313% | $54.9M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4070 | −0.426% | $72.4M | $130.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4090 | −0.381% | — | $147.3M | — | as long as short |
| Variational Omni NEARshort | +0.0100% | 8h | 4.4137 | −0.274% | $8.6M | $18.1M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4159 | −0.225% | $265K | $980K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4070 | −0.426% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4090 | −0.381% | $170K | $801K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4132 | −0.286% | $244K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4109 | −0.338% | $56K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4340 | +0.184% | $1K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4240 | −0.042% | $458K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4170 | −0.200% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4154 | −0.235% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4130 | −0.291% | $205K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0172% | 1h | 4.4145 | −0.256% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4170 | −0.200% | $13.8M | $32.8M | 75x | as long as short |
| Aster NEARUSDT | +0.0307% | 8h | 4.4143 | −0.261% | $3.0M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0321% / S −0.0190% | 1h | 4.4080 | −0.403% | $234K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0335% | 1h | 4.4153 | −0.238% | $1.3M | $6.5M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0344% | 1h | 4.4205 | −0.121% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0377% | 1h | 4.4163 | −0.216% | $364.3M | $325.0M | 10x | as long as short |
| Extended NEAR-USD | +0.0432% | 1h | 4.4100 | −0.359% | $3.9M | $19.6M | 25x | as long as short |
| Nado NEAR-PERP | +0.0549% | 1h | 4.4065 | −0.438% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4190 | −0.155% | $218K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0588% | 1h | 4.4160 | −0.221% | $8.1M | $39.7M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0612% | 1h | 4.4110 | −0.336% | $2.0M | $7.3M | 25x | as long as short |
| Lighter RH NEAR | +0.0680% | 1h | 4.4237 | −0.049% | $1.5M | $7.2M | 10x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4173 | −0.193% | $1.8M | $2.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4197 | −0.139% | $592K | $1.4M | 10x | as long as short |
| Lighter NEARlong | +0.0968% | 1h | 4.4258 | long leg | $17.8M | $26.5M | 15x | |
| Aftermath Perps NEARUSD | +0.1577% | 1h | 4.4148 | −0.250% | $5K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
SoDEX NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Extended NEAR-USD
Nado NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD