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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.010%
Price spread now: Aevo against Variational Omni+0.536%48s7-day average +0.020% · 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 4 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)−0.836%−$84 · spread now +0.536%, 7d avg +0.020%
Together, before fees−0.816%+ Points / potential airdropVariational Omni: Active · farm board−$82 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.516% dearer against Variational Omni than usual: you sell high and buy low, +$52 on $10k if it goes back to its 7-day average of +0.020%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.47140.0100pay 0.0100% / 8h5h 07m$8.7M$16.1M
ShortAevo NEAR-PERP4.49530.0104get 0.0013% / 1h7m 33s$209K$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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
$0.84
Price spread: +0.536% → +0.020%
$51.61
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
$36.45
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Aevo: live order book, 39 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 Variational Omni RFQ quote, 5 min ago3.82 bpdoesn't fit10.0 bp −$10027.1 bp −$2,708doesn't fit
Sell Aevo live order book, 39 min ago7.83 bp27.7 bp −$28doesn't fitdoesn't fitdoesn't fit

NEAR on 45 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0235%1h4.4912+0.443%$7.3M$37.0M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4923+0.469%$2K20xas long as short
Kalshi KXNEARPERP0.0000%8h4.4909+0.437%$905K$26.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4933+0.491%$168K150xas long as short
dYdX NEAR-USD+0.0023%1h4.4898+0.412%$110K$53K10xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.388%$578$301K12xas long as short
01 Exchange NEARUSD+0.0080%1h4.4931+0.486%$13K$4K10xas long as short
Lighter NEAR+0.0096%1h4.4957+0.543%$17.0M$25.1M15xas long as short
Popdex NEARUSDT+0.0096%1h4.4910+0.439%$124K$505K50xas long as short
Hyperliquid NEAR+0.0100%1h4.4932+0.488%$361.1M$312.0M10xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.4925+0.473%$2.7M$4.8M50xas long as short
Binance NEARUSDT+0.0100%8h4.4926+0.474%$270.9M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4907+0.433%$230.6M$430.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4890+0.395%$64.0M$301.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4606−0.240%$275K$24K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4903+0.424%$40.8M$63.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4890+0.395%$72.2M$171.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4940+0.506%$54.9M$44.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4877+0.365%$74.8M$127.8M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4920+0.462%$74.4Mas long as short
Variational Omni NEARlong+0.0100%8h4.4714long leg$8.7M$16.1M
edgeX NEARUSDC+0.0100%4h4.4888+0.389%$266K$862K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4890+0.395%$1.5M$1.8M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4850+0.305%$168K$808K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4911+0.441%$193K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4968+0.569%$56K$273K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5020+0.685%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4945+0.518%$5K$34K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5000+0.641%$472K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4940+0.506%$3.4M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4919+0.460%$32K$38910xas long as short
Extended NEAR-USD+0.0104%1h4.4896+0.407%$3.7M$15.0M25xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.4953+0.536%$209K$38K3x
GMX NEAR/USD [ETH-USDC]L +0.0191% / S −0.0033%1h4.4745+0.070%$241K100xas long as short
BloFin NEAR-USDT+0.0220%8h4.4930+0.484%$12.7M$32.6M75xas long as short
Lighter RH NEAR+0.0240%1h4.4964+0.560%$1.5M$6.0M10xas long as short
Nado NEAR-PERP+0.0261%1h4.4900+0.417%$1.8M$3.1M10xas long as short
Arcus NEAR-USD+0.0343%1h4.4940+0.506%$227K$1.4M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.4926+0.475%$650K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.5006+0.654%$2.3M$17.6M50xas long as short
Backpack NEAR_USDC_PERP+0.0555%1h4.4944+0.515%$1.1M$7.1M20xas long as short
Phoenix NEAR+0.0741%1h4.4988+0.614%$1.7M$2.7M10xas long as short
Pacifica NEAR+0.0851%1h4.4928+0.480%$424K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.0919%1h4.4815+0.227%$6K$6K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0974%1h4.5006+0.654%$1.9M$13.0M25xas long as short