Funding you earn now, next payment 08:00 UTC+0.0993%/8h= +108.7% APRpaid last 24h +0.097%
Price spread now: Deribit against Variational Omni+0.052%7-day average +0.074% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.281%+$28 on $10k
+Price spread, last 4 days (all we have)−0.209%−$21 · spread now +0.052%, 7d avg +0.074%
=Together, before fees+0.072%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.022% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.052% now, against its 7-day average of +0.074%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$30 a day). At the pace of the last 4 days (+0.281% in total) that is about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.281% in total (about 28.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NEAR | 4.3217 | 0.0100 | pay 0.0100% / 8h | 35m 51s | $8.7M | $18.8M | — |
| Short | Deribit NEAR_USDC-PERPETUAL | 4.3239 | 0.1093 | get 0.0137% / 1h | 35m 51s | $1.9M | $13.2M | 25x |
Variational Omni NEAR
Deribit NEAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Variational Omni. 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
- $208.53
- Price spread: +0.052% → +0.074%
- −$2.17
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $199.36
- Costs to cover
- 0.070%
- Break-even
- 0.3 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Deribit: live order book, 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 Variational Omni RFQ quote, 3 min ago | 3.87 bp | doesn't fit | 10.6 bp −$106 | 29.1 bp −$2,912 | doesn't fit |
| Sell Deribit live order book, 3 min ago | 1.50 bp | 12.6 bp −$13 | 31.1 bp −$311 | doesn't fit | 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 | 4.3087 | −0.301% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3057 | −0.369% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3114 | −0.237% | $161K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3180 | −0.085% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.180% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3060 | −0.362% | $110K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3203 | −0.031% | $218.1M | $430.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3200 | −0.038% | $60.7M | $291.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3160 | −0.131% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3193 | −0.055% | $35.2M | $62.4M | 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 | 4.3210 | −0.015% | $52.3M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3201 | −0.036% | $71.5M | $128.2M | 75x | as long as short |
| Variational Omni NEARlong | +0.0100% | 8h | 4.3217 | long leg | $8.7M | $18.8M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3177 | −0.092% | $250K | $898K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3207 | −0.022% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3330 | +0.262% | $165K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3085 | −0.304% | $283K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3207 | −0.022% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3210 | −0.015% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3201 | −0.036% | $5K | $53K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3240 | +0.054% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3047 | −0.392% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3182 | −0.081% | $3.6M | $17.2M | 25x | as long as short |
| HTX NEAR-USDT | +0.0122% | 8h | 4.3190 | −0.061% | $460K | $3.8M | 75x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3217 | +0.002% | $201K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0185% | 8h | 4.3079 | −0.318% | $935K | $25.2M | 2.2x | as long as short |
| Binance NEARUSDT | +0.0193% | 8h | 4.3220 | +0.008% | $262.4M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0196% | 8h | 4.3220 | +0.008% | $83.5M | $150.7M | 200x | as long as short |
| Aster NEARUSDT | +0.0198% | 8h | 4.3208 | −0.020% | $2.7M | $4.8M | 50x | as long as short |
| BingX NEAR-USDC | +0.0205% | 8h | 4.3210 | −0.015% | — | $6.7M | — | as long as short |
| Hyperliquid NEAR | +0.0226% | 1h | 4.3260 | +0.100% | $349.0M | $315.3M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0264% | 1h | 4.3057 | −0.369% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0315% / S −0.0204% | 1h | 4.3121 | −0.220% | $232K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0316% | 8h | 4.3110 | −0.247% | $13.2M | $31.8M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0390% | 1h | 4.3262 | +0.105% | $1.1M | $7.0M | 20x | as long as short |
| Nado NEAR-PERP | +0.0478% | 1h | 4.3060 | −0.362% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3137 | −0.184% | $2.3M | $16.8M | 50x | as long as short |
| Lighter RH NEAR | +0.0512% | 1h | 4.3273 | +0.131% | $1.5M | $6.6M | 10x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3070 | −0.339% | $225K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0728% | 1h | 4.3278 | +0.142% | $17.1M | $25.1M | 15x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3060 | −0.362% | $406K | $1.5M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3384 | +0.387% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3061 | −0.360% | $598K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUALshort | +0.1093% | 1h | 4.3239 | +0.052% | $1.9M | $13.2M | 25x | |
| Aftermath Perps NEARUSD | +0.1248% | 1h | 4.3207 | −0.021% | $5K | $7K | 10x | 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
HTX NEAR-USDT
Aevo NEAR-PERP
Kalshi KXNEARPERP
Binance NEARUSDT
MEXC NEAR_USDT
Aster NEARUSDT
BingX NEAR-USDC
Hyperliquid NEAR
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Arcus NEAR-USD
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD