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+0.0432%/8h= +47.3% APRpaid last 24h +0.145%
Price spread now: RISEx against Variational Omni+1.285%7-day average +0.022% · 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)+0.382%+$38 on $10k
Price spread, last 7 days−1.191%−$119 · spread now +1.285%, 7d avg +0.022%
Together, before fees−0.809%+ Points / potential airdropVariational Omni: Active · farm board−$81 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and RISEx is 1.263% dearer against Variational Omni than usual: you sell high and buy low: +$126 more if the spread goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.2668−0.0004get 0.0004% / 8h7h 22m$7.9M$18.8M
ShortRISEx NEAR/USDC4.32160.0428get 0.0054% / 1h22m 02s$409K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$90.72
Price spread: +1.285% → +0.022%
$126.31
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee RISEx: 3 bp × 2 orders
−$6
Net
$211.03
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; RISEx: 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 fit12.9 bp −$12932.0 bp −$3,203doesn't fit
Sell RISEx live order book, 2 min ago3.96 bp7.0 bp −$725.5 bp −$255doesn'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%1h4.3180+1.200%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0130%1h4.3176+1.192%$7.3M$37.3M50xas long as short
Phemex NEARUSDT−0.0119%8h4.3140+1.106%$3.8M$8.5M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3167+1.170%$2.3M$13.1M50xas long as short
01 Exchange NEARUSD−0.0008%1h4.3183+1.207%$13K$7K10xas long as short
Variational Omni NEARlong−0.0004%8h4.2668long leg$7.9M$18.8M
dYdX NEAR-USD0.0000%1h4.3140+1.105%$112K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3139+1.104%$378K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3201+1.249%$205K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−2.948%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0095%8h4.3130+1.083%$219.0M$417.4M75xas long as short
Popdex NEARUSDT+0.0096%1h4.3190+1.223%$115K$484K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.3191+1.226%$57K$191K20xas long as short
Paradex NEAR-USD-PERP+0.0099%8h4.3116+1.051%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.3250+1.364%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.3158+1.150%$399K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3175+1.189%$257.4M$1.06B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3120+1.059%$61.0M$281.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3180+1.200%$198K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2789+0.284%$244K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3152+1.134%$31.0M$60.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3180+1.200%$77.4M$140.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3170+1.177%$56.3M$43.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3180+1.200%$71.5M$124.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3190+1.223%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3008+0.798%$256K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3032+0.854%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2800+0.309%$179K$782K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3206+1.261%$193K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3260+1.388%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3177+1.193%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3260+1.388%$458K$3.7M75xas long as short
Extended NEAR-USD+0.0104%1h4.3168+1.172%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3197+1.240%$201K$28K3xas long as short
Hyperliquid NEAR+0.0197%1h4.3261+1.390%$364.4M$301.8M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.3130+1.083%$12.9M$28.2M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0375% / S −0.0307%1h4.3200+1.247%$275K100xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0398%1h4.3221+1.296%$1.9M$3.6M25xas long as short
RISEx NEAR/USDCshort+0.0428%1h4.3216+1.285%$409K$1.2M10x
Lighter RH NEAR+0.0432%1h4.3217+1.287%$1.6M$7.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0462%1h4.3226+1.308%$1.3M$5.9M20xas long as short
Nado NEAR-PERP+0.0464%1h4.3153+1.137%$1.9M$3.2M10xas long as short
Phoenix NEAR+0.0499%1h4.3141+1.109%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1366%1h4.2946+0.652%$5K$12K10xas long as short
Lighter NEAR+0.1928%1h4.3286+1.448%$17.3M$24.6M15xas long as short