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−0.0012%/8h= −1.4% APRnext payment $0.12 per $10,000 · paid last 24h −0.012%
Price spread now: Variational Omni against KuCoin+0.061%7-day average −0.007% · you sell dearer than you buy
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 3 days (all we have)−0.012%−$1 on $10k
Price spread, last 7 days−0.096%−$10 · spread now +0.061%, 7d avg −0.007%
Together, before fees−0.107%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.068% dearer against KuCoin than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.007%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NEARUSDTM4.38600.0100pay 0.0100% / 8h6h 14m$53.8M$43.7M75x
ShortVariational Omni NEAR4.38870.0088get 0.0088% / 8h6h 14m$8.5M$18.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. 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
−$2.62
Price spread: +0.061% → −0.007%
$6.79
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$7.83
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 KuCoin live order book, 4 min ago1.12 bp21.1 bp −$2139.7 bp −$397113.2 bp −$11.3Kdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago3.83 bpdoesn't fit12.9 bp −$12936.0 bp −$3,600doesn't fit

NEAR on 44 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%1h4.3857−0.006%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3882+0.050%$2.2M$14.3M50xas long as short
dYdX NEAR-USD0.0000%1h4.3762−0.224%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3803−0.130%$591K$20.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3840−0.046%$194K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.586%$578$302K12xas long as short
Variational Omni NEARshort+0.0088%8h4.3887+0.061%$8.5M$18.5M
Popdex NEARUSDT+0.0096%1h4.3820−0.091%$112K$495K50xas long as short
Pacifica NEAR+0.0100%1h4.3815−0.103%$412K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3711−0.340%$265.3M$1.08B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.3697−0.372%$221.3M$421.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3710−0.342%$62.2M$290.1M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3890+0.068%$209K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3850−0.023%$250K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3684−0.401%$31.5M$62.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3740−0.274%$75.0M$143.4M200xas long as short
KuCoin NEARUSDTMlong+0.0100%8h4.3860long leg$53.8M$43.7M75x
Bitget NEARUSDT+0.0100%8h4.3705−0.353%$71.9M$126.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3720−0.319%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4564+1.605%$281K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4520+1.505%$1.5M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4540+1.550%$183K$765K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3888+0.064%$210K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3836−0.055%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3900+0.091%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3835−0.057%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3850−0.023%$453K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3750−0.251%$3.9M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3783−0.177%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3739−0.275%$3.8M$18.5M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3855−0.011%$204K$34K3xas long as short
Aster NEARUSDT+0.0176%8h4.3825−0.080%$3.0M$5.8M50xas long as short
Kraken Futures PF_NEARUSD+0.0216%1h4.3835−0.058%$8.0M$40.8M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0343%1h4.3862+0.005%$1.9M$4.2M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0347% / S −0.0242%1h4.3833−0.061%$255K100xas long as short
Nado NEAR-PERP+0.0407%1h4.38600.000%$1.9M$3.1M10xas long as short
01 Exchange NEARUSD+0.0416%1h4.3859−0.002%$13K$7K10xas long as short
RISEx NEAR/USDC+0.0509%1h4.38600.000%$554K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.4150+0.661%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0784%1h4.3778−0.187%$1.6M$7.0M10xas long as short
Hyperliquid NEAR+0.0901%1h4.3737−0.280%$368.4M$309.4M10xas long as short
Backpack NEAR_USDC_PERP+0.0912%1h4.3715−0.331%$1.5M$6.3M20xas long as short
Aftermath Perps NEARUSD+0.1638%1h4.4124+0.601%$6K$12K10xas long as short
Lighter NEAR+0.1760%1h4.3886+0.058%$17.6M$25.7M15xas long as short