Funding you earn now, next payment 08:00 UTC−0.0153%/8h= −16.8% APRnext payment −$1.53 per $10,000 · paid last 24h +0.018%
Price spread now: Variational Omni against Kalshi−0.195%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.088%+$9 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now −0.195%, 7d avg +0.003%
=Together, before fees+0.146%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.198% cheaper against Kalshi than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.003%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.088%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXNEARPERP | 4.2761 | 0.0253 | pay 0.0253% / 8h | 6h 44m | $842K | $24.5M | 2.2x |
| Short | Variational Omni NEAR | 4.2678 | 0.0100 | get 0.0100% / 8h | 2h 44m | $8.1M | $18.0M | — |
Kalshi KXNEARPERP
Variational Omni NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Kalshi. 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
- −$32.19
- Price spread: −0.195% → +0.003%
- −$19.8
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$61.99
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kalshi: live order book, 4 min ago; Variational Omni: RFQ quote, 5 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 Kalshi live order book, 4 min ago | 5.96 bp | 11.0 bp −$11 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 3.88 bp | doesn't fit | 10.7 bp −$107 | 33.6 bp −$3,360 | 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 | 4.2772 | +0.026% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2768 | +0.016% | $105K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2703 | −0.136% | $160K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.159% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2790 | +0.068% | $111K | $500K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2830 | +0.161% | $261.7M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2773 | +0.028% | $212.6M | $421.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2800 | +0.091% | $60.3M | $284.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2835 | +0.174% | $244K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2776 | +0.035% | $32.0M | $59.7M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2830 | +0.161% | $70.5M | $142.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2820 | +0.138% | $52.9M | $45.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2774 | +0.030% | $70.7M | $127.4M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2790 | +0.068% | — | $6.7M | — | as long as short |
| Variational Omni NEARshort | +0.0100% | 8h | 4.2678 | −0.195% | $8.1M | $18.0M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2781 | +0.046% | $250K | $950K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2766 | +0.012% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2802 | +0.096% | $262K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2755 | −0.014% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2830 | +0.161% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2840 | +0.185% | $458K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2770 | +0.021% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2775 | +0.032% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2749 | −0.029% | $199K | $37K | 3x | as long as short |
| ApeX Omni NEARUSDT | +0.0148% | 1h | 4.2790 | +0.068% | $164K | $794K | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2780 | +0.044% | $13.2M | $31.5M | 75x | as long as short |
| Kalshi KXNEARPERPlong | +0.0253% | 8h | 4.2761 | long leg | $842K | $24.5M | 2.2x | |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.2732 | −0.068% | $2.3M | $15.7M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0322% / S −0.0198% | 1h | 4.2701 | −0.141% | $231K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0335% | 8h | 4.2816 | +0.128% | $2.8M | $5.4M | 50x | as long as short |
| Nado NEAR-PERP | +0.0341% | 1h | 4.2778 | +0.039% | $1.7M | $3.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0528% | 1h | 4.2777 | +0.038% | $3.7M | $19.9M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0563% | 1h | 4.2745 | −0.037% | $6K | $53K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0635% | 1h | 4.2754 | −0.016% | $1.3M | $6.8M | 20x | as long as short |
| Hyperliquid NEAR | +0.0677% | 1h | 4.2827 | +0.154% | $349.9M | $311.6M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0728% | 1h | 4.2842 | +0.189% | $13K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0740% | 1h | 4.2740 | −0.050% | $7.5M | $38.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.2820 | +0.138% | $210K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.2810 | +0.115% | $392K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.0856% | 1h | 4.2843 | +0.193% | $16.8M | $25.0M | 15x | as long as short |
| Lighter RH NEAR | +0.1024% | 1h | 4.2832 | +0.166% | $1.5M | $7.3M | 10x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.2961 | +0.468% | $1.8M | $2.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1108% | 1h | 4.2775 | +0.033% | $1.9M | $11.0M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.2817 | +0.132% | $687K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1463% | 1h | 4.2769 | +0.018% | $5K | $12K | 10x | as long as short |
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
ApeX Omni NEARUSDT
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Nado NEAR-PERP
Extended NEAR-USD
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
01 Exchange NEARUSD
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Lighter NEAR
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Aftermath Perps NEARUSD