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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0069%/8h= −7.6% APRnext payment $0.69 per $10,000 · paid last 24h −0.012%
Price spread now: Variational Omni against Binance−0.441%7-day average +0.004% · 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)−0.012%−$1 on $10k
Price spread, last 7 days+0.403%+$40 · spread now −0.441%, 7d avg +0.004%
Together, before fees+0.391%+ Points / potential airdropVariational Omni: Active · farm board+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.445% cheaper against Binance than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEARUSDT4.37100.0169pay 0.0169% / 8h17m 01s$264.4M$1.09B75x
ShortVariational Omni NEAR4.35170.0100get 0.0100% / 8h17m 01s$8.9M$18.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
−$14.59
Price spread: −0.441% → +0.004%
−$44.47
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$69.07
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 12 min ago; Variational Omni: RFQ quote, 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 Binance live order book, 12 min ago1.15 bp6.2 bp −$67.5 bp −$7527.3 bp −$2,734103.4 bp −$51.7K
Sell Variational Omni RFQ quote, 2 min ago3.87 bpdoesn't fit11.3 bp −$11333.1 bp −$3,313doesn'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%1h4.3658−0.119%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3682−0.064%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3663−0.108%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0016%1h4.3683−0.063%$7.2M$38.4M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.262%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3680−0.069%$113K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3689−0.048%$220.6M$428.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3690−0.046%$61.4M$295.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3601−0.250%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3693−0.039%$35.7M$62.8M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3700−0.023%$52.9M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3687−0.053%$72.2M$127.8M75xas long as short
Variational Omni NEARshort+0.0100%8h4.3517−0.441%$8.9M$18.6M
edgeX NEARUSDC+0.0100%4h4.3595−0.264%$253K$901K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3600−0.252%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3590−0.275%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3705−0.011%$277K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3718+0.018%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3750+0.092%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3700−0.023%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3690−0.046%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.37100.000%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3684−0.060%$3.6M$16.8M25xas long as short
Aevo NEAR-PERP+0.0120%1h4.3719+0.020%$203K$38K3xas long as short
Aster NEARUSDT+0.0147%8h4.3702−0.018%$2.7M$4.9M50xas long as short
HTX NEAR-USDT+0.0151%8h4.3830+0.275%$467K$3.8M75xas long as short
Hyperliquid NEAR+0.0152%1h4.3744+0.078%$352.6M$315.9M10xas long as short
Binance NEARUSDTlong+0.0169%8h4.3710long leg$264.4M$1.09B75x
MEXC NEAR_USDT+0.0171%8h4.3730+0.046%$89.2M$152.9M200xas long as short
Kalshi KXNEARPERP+0.0178%8h4.3719+0.021%$969K$25.0M2.2xas long as short
BingX NEAR-USDT+0.0178%8h4.3700−0.023%$144.1Mas long as short
01 Exchange NEARUSD+0.0240%1h4.3706−0.009%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0289%8h4.3690−0.046%$13.3M$32.2M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0338% / S −0.0236%1h4.3667−0.099%$254K100xas long as short
Nado NEAR-PERP+0.0381%1h4.3690−0.046%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0462%1h4.3740+0.069%$1.0M$7.1M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3742+0.073%$2.3M$17.0M50xas long as short
Lighter RH NEAR+0.0528%1h4.3759+0.112%$1.5M$6.7M10xas long as short
Lighter NEAR+0.0544%1h4.3755+0.102%$17.2M$25.3M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3700−0.023%$230K$1.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0872%1h4.3735+0.057%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.0949%1h4.3711+0.002%$412K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3607−0.236%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3706−0.010%$607K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1124%1h4.3519−0.436%$5K$7K10xas long as short