Funding you earn now, next payment 01:00 UTC−0.0040%/8h= −4.3% APRpaid last 24h −0.009%
Price spread now: Variational Omni against 01 Exchange−0.377%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.377% cheaper against 01 Exchange than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange NEARUSD | 4.3120 | 0.0056 | pay 0.0007% / 1h | 0m 42s | $13K | $7K | 10x |
| Short | Variational Omni NEAR | 4.2957 | 0.0016 | get 0.0016% / 8h | 7h 00m | $8.2M | $18.8M | — |
01 Exchange NEARUSD
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against 01 Exchange. 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
- −$8.33
- Price spread: −0.377% → 0.000%
- −$37.69
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$53.02
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Variational Omni: RFQ quote, 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 3.85 bp | doesn't fit | 10.5 bp −$105 | 29.2 bp −$2,923 | doesn't fit |
01 Exchange: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.2973 | −0.341% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.2897 | −0.517% | $7.9M | $38.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2854 | −0.617% | $2.1M | $13.1M | 50x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2977 | −0.332% | $379K | $18.8M | 2.2x | as long as short |
| dYdX NEAR-USD | +0.0004% | 1h | 4.2931 | −0.437% | $111K | $64K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2982 | −0.320% | $157K | — | 150x | as long as short |
| Variational Omni NEARshort | +0.0016% | 8h | 4.2957 | −0.377% | $8.2M | $18.8M | — | |
| Phemex NEARUSDT | +0.0018% | 8h | 4.2910 | −0.487% | $3.8M | $8.4M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.966% | $578 | $302K | 12x | as long as short |
| 01 Exchange NEARUSDlong | +0.0056% | 1h | 4.3120 | long leg | $13K | $7K | 10x |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Phemex NEARUSDT
Injective NEAR/USDC PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDT | +0.0096% | 1h | 4.3070 | −0.116% | $115K | $473K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.2978 | −0.329% | $57K | $162K | 20x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2955 | −0.382% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2969 | −0.350% | $400K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2958 | −0.376% | $256.5M | $1.05B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2940 | −0.417% | $218.9M | $416.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2960 | −0.371% | $60.7M | $275.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3110 | −0.023% | $204K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3243 | +0.284% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2914 | −0.478% | $30.7M | $61.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2940 | −0.417% | $73.3M | $142.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2950 | −0.394% | $55.6M | $42.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2933 | −0.434% | $71.0M | $122.5M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2910 | −0.487% | — | $141.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3202 | +0.190% | $257K | $1.1M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3356 | +0.547% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3200 | +0.186% | $177K | $777K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3074 | −0.107% | $203K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2980 | −0.325% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2900 | −0.510% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2980 | −0.325% | $453K | $3.6M | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2942 | −0.414% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2886 | −0.543% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2952 | −0.389% | $200K | $31K | 3x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0216% | 1h | 4.2981 | −0.322% | $1.9M | $3.9M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2890 | −0.533% | $13.1M | $27.5M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0308% | 1h | 4.2968 | −0.352% | $275K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0426% | 1h | 4.3034 | −0.198% | $1.9M | $3.1M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3122 | +0.005% | $410K | $1.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0468% | 1h | 4.3013 | −0.248% | $364.5M | $302.0M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0494% | 1h | 4.2955 | −0.383% | $1.3M | $5.9M | 20x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3191 | +0.165% | $1.8M | $2.7M | 10x | as long as short |
| Lighter RH NEAR | +0.0520% | 1h | 4.3011 | −0.253% | $1.6M | $7.0M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1478% | 1h | 4.3199 | +0.184% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1760% | 1h | 4.3090 | −0.071% | $17.2M | $24.8M | 15x | as long as short |
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
RISEx NEAR/USDC
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Phoenix NEAR
Lighter RH NEAR
Aftermath Perps NEARUSD
Lighter NEAR