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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.012%
Price spread now: SoDEX against Variational Omni+0.483%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SoDEX is 0.483% dearer against Variational Omni than usual: you sell high and buy low: +$48 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.29570.0016pay 0.0016% / 8h6h 57m$8.2M$18.8M
ShortSoDEX NEAR-USD4.31650.0100get 0.0013% / 1h57m 39s$5K$51K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$17.57
Price spread: +0.483% → 0.000%
$48.31
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$57.87
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; SoDEX: no order-book sample. 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 ago3.87 bpdoesn't fit13.2 bp −$13233.7 bp −$3,365doesn't fit
Sell SoDEX no order-book sample
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.3198+0.560%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3185+0.530%$2.2M$13.3M50xas long as short
dYdX NEAR-USD0.0000%1h4.2982+0.056%$111K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3241+0.660%$392K$18.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3165+0.482%$157K150xas long as short
Variational Omni NEARlong+0.0016%8h4.2957long leg$8.2M$18.8M
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.602%$578$302K12xas long as short
Phemex NEARUSDT+0.0069%8h4.3180+0.518%$3.8M$8.3M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3210+0.588%$115K$474K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3189+0.539%$57K$162K20xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.3183+0.526%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.3043+0.198%$405K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3024+0.154%$256.9M$1.05B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3007+0.115%$218.9M$417.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3010+0.122%$60.7M$276.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3060+0.239%$204K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3162+0.477%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3003+0.106%$30.8M$59.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3050+0.215%$75.2M$135.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3100+0.332%$55.5M$42.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3018+0.141%$71.1M$122.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3030+0.169%$142.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3202+0.569%$257K$1.1M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2940−0.041%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3200+0.565%$177K$777K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3228+0.630%$209K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3260+0.704%$2K$1.4M20xas long as short
SoDEX NEAR-USDshort+0.0100%1h4.3165+0.483%$5K$51K10x
HTX NEAR-USDT+0.0100%8h4.3200+0.565%$451K$3.7M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3004+0.108%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.2997+0.092%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3170+0.495%$201K$31K3xas long as short
Kraken Futures PF_NEARUSD+0.0219%1h4.3211+0.591%$7.9M$37.9M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3260+0.704%$13.2M$27.7M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0283%1h4.3185+0.530%$1.9M$4.0M25xas long as short
01 Exchange NEARUSD+0.0304%1h4.3217+0.604%$13K$7K10xas long as short
Nado NEAR-PERP+0.0348%1h4.3220+0.611%$1.9M$3.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0377% / S −0.0308%1h4.3158+0.468%$276K100xas long as short
Lighter RH NEAR+0.0488%1h4.3152+0.453%$1.6M$6.9M10xas long as short
Phoenix NEAR+0.0499%1h4.3191+0.544%$1.8M$2.5M10xas long as short
RISEx NEAR/USDC+0.0509%1h4.3053+0.223%$428K$1.2M10xas long as short
Hyperliquid NEAR+0.0860%1h4.3158+0.467%$365.5M$302.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0918%1h4.3221+0.613%$1.3M$5.9M20xas long as short
Lighter NEAR+0.1312%1h4.3194+0.550%$17.3M$24.3M15xas long as short
Aftermath Perps NEARUSD+0.1489%1h4.3224+0.621%$5K$12K10xas long as short