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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0163%/8h= +17.9% APRpaid last 24h +0.018%
Price spread now: Pacifica against Variational Omni−0.930%7-day average +0.008% · you buy dearer than you sell
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 4 days (all we have)+0.023%+$2 on $10k
Price spread, last 7 days+0.954%+$95 · spread now −0.930%, 7d avg +0.008%
Together, before fees+0.977%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board+$98 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.939% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.930% now, against its 7-day average of +0.008%). If the spread goes back, that is −$94 on $10k: about 19 days of funding at the current rate (+$5 a day). At the pace of the last 4 days (+0.023% in total) that is about 5 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.36270.0100pay 0.0100% / 8h3h 22m$8.4M$17.9M
ShortPacifica NEAR4.32210.0263get 0.0033% / 1h22m 24s$406K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$34.29
Price spread: −0.930% → +0.008%
−$93.87
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$67.58
Costs to cover
0.080%
Break-even
20.8 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Pacifica: 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 ago3.86 bpdoesn't fit9.4 bp −$9433.1 bp −$3,311doesn't fit
Sell Pacifica live order book, 2 min ago5.76 bp25.4 bp −$25doesn't fitdoesn't fitdoesn'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
Reya NEARRUSDPERP−0.0171%1h4.3274−0.810%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3189−1.003%$106K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3300−0.749%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.082%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3288−0.777%$2.3M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3210−0.956%$109K$505K50xas long as short
Binance NEARUSDT+0.0100%8h4.3332−0.677%$265.5M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3324−0.694%$214.5M$428.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3320−0.704%$61.2M$291.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3250−0.863%$246K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3266−0.827%$31.9M$61.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3330−0.681%$73.7M$145.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3230−0.910%$53.6M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3316−0.713%$71.4M$128.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3280−0.795%$145.8Mas long as short
Variational Omni NEARlong+0.0100%8h4.3627long leg$8.4M$17.9M
edgeX NEARUSDC+0.0100%4h4.3622−0.012%$255K$947K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3500−0.291%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3640+0.030%$168K$797K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3298−0.754%$276K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3349−0.637%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3350−0.635%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3350−0.635%$470K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3240−0.887%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3249−0.866%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3336−0.667%$201K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3260−0.841%$13.4M$32.1M75xas long as short
Pacifica NEARshort+0.0263%1h4.3221−0.930%$406K$1.3M10x
Kalshi KXNEARPERP+0.0276%8h4.3318−0.708%$867K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3269−0.821%$233K100xas long as short
Aster NEARUSDT+0.0331%8h4.3321−0.702%$2.8M$5.5M50xas long as short
SoDEX NEAR-USD+0.0372%1h4.3245−0.875%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3250−0.864%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0572%1h4.3210−0.956%$1.3M$6.7M20xas long as short
Nado NEAR-PERP+0.0591%1h4.3269−0.820%$1.8M$3.1M10xas long as short
Hyperliquid NEAR+0.0602%1h4.3314−0.717%$354.7M$313.7M10xas long as short
Extended NEAR-USD+0.0624%1h4.3233−0.903%$3.8M$20.0M25xas long as short
Arcus NEAR-USD+0.0627%1h4.3300−0.749%$213K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0713%1h4.3228−0.915%$7.6M$39.4M50xas long as short
Lighter RH NEAR+0.0896%1h4.3283−0.788%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3721+0.216%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1104%1h4.3261−0.838%$17.4M$25.0M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3283−0.788%$687K$1.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1508%1h4.3305−0.738%$1.9M$9.1M25xas long as short
Aftermath Perps NEARUSD+0.1555%1h4.3415−0.486%$5K$13K10xas long as short