Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.007%
Price spread now: Variational Omni against Injective+5.089%7-day average −0.499% · 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)−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−6.717%−$672 · spread now +5.089%, 7d avg −0.499%
=Together, before fees−6.744%+ Points / potential airdropVariational Omni: Active · farm board−$674 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 5.589% dearer against Injective than usual: you sell high and buy low: +$559 more if the spread goes back to its 7-day average of −0.499%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | pay 0.0004% / 1h | 17m 08s | $578 | $301K | 12x |
| Short | Variational Omni NEAR | 4.3517 | 0.0100 | get 0.0100% / 8h | 17m 08s | $8.9M | $18.6M | — |
Injective NEAR/USDC PERP
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. 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
- $14
- Price spread: +5.089% → −0.499%
- $558.85
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $572.83
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 3.87 bp | doesn't fit | 11.3 bp −$113 | 33.1 bp −$3,313 | doesn't fit |
Injective: 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 | 4.3658 | +5.429% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3682 | +5.487% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3663 | +5.441% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0016% | 1h | 4.3683 | +5.488% | $7.2M | $38.4M | 50x | as long as short |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $301K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3680 | +5.482% | $113K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3689 | +5.504% | $220.6M | $428.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3690 | +5.506% | $61.4M | $295.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3601 | +5.290% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3693 | +5.513% | $35.7M | $62.8M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3700 | +5.530% | $52.9M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3687 | +5.499% | $72.2M | $127.8M | 75x | as long as short |
| Variational Omni NEARshort | +0.0100% | 8h | 4.3517 | +5.089% | $8.9M | $18.6M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3595 | +5.276% | $253K | $901K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3600 | +5.288% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3590 | +5.264% | $166K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3705 | +5.542% | $277K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3718 | +5.574% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3750 | +5.651% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3700 | +5.530% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3690 | +5.506% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3710 | +5.554% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3684 | +5.491% | $3.6M | $16.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3719 | +5.575% | $203K | $38K | 3x | as long as short |
| Aster NEARUSDT | +0.0147% | 8h | 4.3702 | +5.535% | $2.7M | $4.9M | 50x | as long as short |
| HTX NEAR-USDT | +0.0151% | 8h | 4.3830 | +5.844% | $467K | $3.8M | 75x | as long as short |
| Hyperliquid NEAR | +0.0152% | 1h | 4.3744 | +5.636% | $352.6M | $315.9M | 10x | as long as short |
| Binance NEARUSDT | +0.0169% | 8h | 4.3710 | +5.554% | $264.4M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0171% | 8h | 4.3730 | +5.603% | $89.2M | $152.9M | 200x | as long as short |
| Kalshi KXNEARPERP | +0.0178% | 8h | 4.3719 | +5.576% | $969K | $25.0M | 2.2x | as long as short |
| BingX NEAR-USDT | +0.0178% | 8h | 4.3700 | +5.530% | — | $144.1M | — | as long as short |
| 01 Exchange NEARUSD | +0.0240% | 1h | 4.3706 | +5.545% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0289% | 8h | 4.3690 | +5.506% | $13.3M | $32.2M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0338% / S −0.0236% | 1h | 4.3667 | +5.449% | $254K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0381% | 1h | 4.3690 | +5.506% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0462% | 1h | 4.3740 | +5.627% | $1.0M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3742 | +5.631% | $2.3M | $17.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0528% | 1h | 4.3759 | +5.673% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEAR | +0.0544% | 1h | 4.3755 | +5.662% | $17.2M | $25.3M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3700 | +5.530% | $230K | $1.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0872% | 1h | 4.3735 | +5.615% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3711 | +5.556% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3607 | +5.305% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3706 | +5.544% | $607K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1124% | 1h | 4.3519 | +5.094% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
HTX NEAR-USDT
Hyperliquid NEAR
Binance NEARUSDT
MEXC NEAR_USDT
Kalshi KXNEARPERP
BingX NEAR-USDT
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD