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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0085%/8h= +9.3% APRpaid last 24h +0.011%
Price spread now: Extended against Variational Omni+0.192%7-day average −0.067% · 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)+0.006%+$1 on $10k
Price spread, last 7 days−0.128%−$13 · spread now +0.192%, 7d avg −0.067%
Together, before fees−0.122%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.259% dearer against Variational Omni than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.28690.0019pay 0.0019% / 8h7h 51m$7.9M$18.5M
ShortExtended NEAR-USD4.29520.0104get 0.0013% / 1h51m 43s$3.9M$16.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$17.76
Price spread: +0.192% → −0.067%
$25.88
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$38.64
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Extended: live order book, 2 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 Variational Omni RFQ quote, 2 min ago3.88 bpdoesn't fit10.8 bp −$10827.5 bp −$2,749doesn't fit
Sell Extended live order book, 2 min ago0.58 bp6.9 bp −$716.2 bp −$1621040.4 bp −$104.0Kdoesn'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
Phemex NEARUSDT−0.1191%8h4.2960+0.212%$3.8M$8.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3013+0.336%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.2967+0.228%$7.6M$37.1M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2951+0.191%$2.3M$13.0M50xas long as short
Bybit NEARUSDT−0.0088%8h4.2960+0.212%$218.9M$419.1M75xas long as short
01 Exchange NEARUSD−0.0008%1h4.3062+0.450%$13K$7K10xas long as short
dYdX NEAR-USD0.0000%1h4.2978+0.253%$111K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3071+0.471%$378K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3002+0.310%$204K150xas long as short
Variational Omni NEARlong+0.0019%8h4.2869long leg$7.9M$18.5M
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.404%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3050+0.422%$112K$478K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.2967+0.228%$57K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2991+0.285%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.3021+0.355%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2995+0.293%$403K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3007+0.322%$255.4M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2980+0.258%$61.0M$281.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3050+0.422%$197K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2646−0.520%$243K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2974+0.244%$31.0M$58.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2980+0.258%$79.8M$138.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3010+0.328%$56.3M$43.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2976+0.249%$71.3M$125.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2980+0.258%$141.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.2790−0.185%$244K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2819−0.118%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2780−0.208%$179K$794K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3046+0.412%$193K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3110+0.562%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2948+0.184%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3040+0.398%$459K$3.6M75xas long as short
Extended NEAR-USDshort+0.0104%1h4.2952+0.192%$3.9M$16.5M25x
Aevo NEAR-PERP+0.0104%1h4.2969+0.232%$200K$28K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3090+0.515%$13.0M$29.3M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0239%1h4.2983+0.265%$1.9M$2.9M25xas long as short
Hyperliquid NEAR+0.0326%1h4.3034+0.385%$367.0M$299.9M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0313%1h4.3051+0.424%$275K100xas long as short
Lighter RH NEAR+0.0384%1h4.3068+0.464%$1.6M$6.8M10xas long as short
Nado NEAR-PERP+0.0421%1h4.3011+0.331%$1.9M$3.4M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3069+0.466%$409K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0492%1h4.2982+0.263%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0499%1h4.2848−0.049%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1198%1h4.2977+0.251%$5K$12K10xas long as short
Lighter NEAR+0.2184%1h4.3138+0.628%$17.2M$23.8M15xas long as short