Funding you earn now, next payment 07:00 UTC−0.0391%/8h= −42.8% APRpaid last 24h −0.192%
Price spread now: Variational Omni against Hyperliquid+0.019%7-day average −0.086% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.369%−$37 on $10k
+Price spread, last 7 days−0.073%−$7 · spread now +0.019%, 7d avg −0.086%
=Together, before fees−0.442%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.105% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.086%): +$10 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEAR | 4.4289 | 0.0491 | pay 0.0061% / 1h | 31m 15s | $362.2M | $312.7M | 10x |
| Short | Variational Omni NEAR | 4.4297 | 0.0100 | get 0.0100% / 8h | 1h 31m | $8.9M | $18.6M | — |
Hyperliquid NEAR
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Hyperliquid. 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
- −$82.07
- Price spread: +0.019% → −0.086%
- $10.48
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$80.59
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 13 min ago; 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 Hyperliquid live order book, 13 min ago | 0.11 bp | 7.2 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.84 bp | doesn't fit | 11.0 bp −$110 | 29.9 bp −$2,992 | doesn't fit |
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 | 4.4213 | −0.172% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4316 | +0.061% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4222 | −0.152% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.500% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4240 | −0.111% | $111K | $491K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4220 | −0.156% | $224.3M | $435.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4210 | −0.178% | $62.5M | $297.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4350 | +0.138% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4219 | −0.158% | $35.5M | $61.4M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4250 | −0.088% | $53.4M | $46.2M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4213 | −0.172% | $73.1M | $127.1M | 75x | as long as short |
| Variational Omni NEARshort | +0.0100% | 8h | 4.4297 | +0.019% | $8.9M | $18.6M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4331 | +0.095% | $259K | $966K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4270 | −0.043% | $167K | $805K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4258 | −0.070% | $297K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4249 | −0.090% | $59K | $236K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4300 | +0.025% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4410 | +0.273% | $466K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4270 | −0.043% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0105% | 8h | 4.4310 | +0.047% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0115% | 8h | 4.4407 | +0.266% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4255 | −0.077% | $206K | $38K | 3x | as long as short |
| BingX NEAR-USDC | +0.0190% | 8h | 4.4240 | −0.111% | — | $6.7M | — | as long as short |
| SoDEX NEAR-USD | +0.0195% | 1h | 4.4235 | −0.122% | $5K | $53K | 10x | as long as short |
| MEXC NEAR_USDT | +0.0196% | 8h | 4.4260 | −0.065% | $80.9M | $147.8M | 200x | as long as short |
| Binance NEARUSDT | +0.0200% | 8h | 4.4260 | −0.065% | $270.2M | $1.09B | 75x | as long as short |
| Extended NEAR-USD | +0.0224% | 1h | 4.4219 | −0.157% | $3.7M | $18.5M | 25x | as long as short |
| Kalshi KXNEARPERP | +0.0267% | 8h | 4.4316 | +0.061% | $1.1M | $25.1M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0197% | 1h | 4.4211 | −0.177% | $234K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0318% | 8h | 4.4246 | −0.096% | $2.8M | $5.0M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0320% | 8h | 4.4290 | +0.002% | $13.8M | $32.7M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4344 | +0.124% | $2.3M | $16.7M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0456% | 1h | 4.4285 | −0.009% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0466% | 1h | 4.4341 | +0.117% | $1.4M | $6.8M | 20x | as long as short |
| Hyperliquid NEARlong | +0.0491% | 1h | 4.4289 | long leg | $362.2M | $312.7M | 10x | |
| Nado NEAR-PERP | +0.0596% | 1h | 4.4235 | −0.122% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0660% | 1h | 4.4220 | −0.155% | $7.3M | $38.4M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0790% | 1h | 4.4257 | −0.072% | $1.9M | $13.1M | 25x | as long as short |
| Lighter NEAR | +0.0864% | 1h | 4.4300 | +0.024% | $17.4M | $25.1M | 15x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4290 | +0.002% | $225K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0912% | 1h | 4.4302 | +0.029% | $1.5M | $6.7M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.4381 | +0.208% | $1.8M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4336 | +0.105% | $409K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4279 | −0.023% | $668K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1273% | 1h | 4.4381 | +0.207% | $6K | $12K | 10x | as long as short |
Bitget NEARUSDT
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
BingX NEAR-USDC
SoDEX NEAR-USD
MEXC NEAR_USDT
Binance NEARUSDT
Extended NEAR-USD
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Arcus NEAR-USD
Lighter RH NEAR
Phoenix NEAR
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD