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+0.0220%/8h= +24.1% APRnext payment +$2.20 per $10,000 · paid last 24h +0.048%
Price spread now: BloFin against Variational Omni+0.165%116s7-day average +0.011% · 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)+0.132%+$13 on $10k
Price spread, last 4 days (all we have)−0.377%−$38 · spread now +0.165%, 7d avg +0.011%
Together, before fees−0.245%+ Points / potential airdropVariational Omni: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.154% dearer against Variational Omni than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 116 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.42170.0100pay 0.0100% / 8h1h 29m$8.8M$18.7M
ShortBloFin NEAR-USDT4.42900.0320get 0.0320% / 8h1h 29m$13.8M$32.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$46.17
Price spread: +0.165% → +0.011%
$15.39
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$49.56
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; BloFin: live order book, 5 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 ago3.84 bpdoesn't fit9.9 bp −$9928.9 bp −$2,891doesn't fit
Sell BloFin live order book, 5 min ago1.13 bp8.5 bp −$914.0 bp −$14028.1 bp −$2,81468.0 bp −$34.0K

NEAR on 45 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%1h4.3933−0.643%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4143−0.168%$109K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4222+0.010%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.349%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4030−0.424%$111K$491K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3940−0.627%$222.7M$434.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3940−0.627%$62.3M$295.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4350+0.300%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3930−0.650%$35.3M$61.5M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4030−0.424%$53.3M$46.2M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3930−0.650%$72.6M$127.0M75xas long as short
Variational Omni NEARlong+0.0100%8h4.4217long leg$8.8M$18.7M
edgeX NEARUSDC+0.0100%4h4.4291+0.167%$259K$967K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4270+0.119%$167K$805K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3992−0.509%$299K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3964−0.573%$59K$236K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4010−0.469%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4010−0.469%$462K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3990−0.514%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0105%8h4.4080−0.311%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0113%8h4.4260+0.097%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.3965−0.571%$204K$38K3xas long as short
SoDEX NEAR-USD+0.0185%1h4.3965−0.571%$5K$53K10xas long as short
BingX NEAR-USDT+0.0194%8h4.3940−0.627%$144.1Mas long as short
MEXC NEAR_USDT+0.0200%8h4.3960−0.582%$79.9M$148.3M200xas long as short
Binance NEARUSDT+0.0200%8h4.3972−0.554%$268.4M$1.09B75xas long as short
Extended NEAR-USD+0.0216%1h4.3929−0.651%$3.7M$18.4M25xas long as short
Kalshi KXNEARPERP+0.0265%8h4.4145−0.163%$1.1M$25.1M2.2xas long as short
Aster NEARUSDT+0.0313%8h4.3960−0.582%$2.8M$5.0M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0197%1h4.4211−0.015%$234K100xas long as short
BloFin NEAR-USDTshort+0.0320%8h4.4290+0.165%$13.8M$32.7M75x
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4046−0.387%$2.3M$16.6M50xas long as short
Backpack NEAR_USDC_PERP+0.0445%1h4.4120−0.220%$1.4M$6.8M20xas long as short
01 Exchange NEARUSD+0.0456%1h4.4054−0.369%$13K$7K10xas long as short
Hyperliquid NEAR+0.0475%1h4.3993−0.507%$359.5M$314.3M10xas long as short
Nado NEAR-PERP+0.0611%1h4.3975−0.548%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0664%1h4.3921−0.669%$7.3M$38.3M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0706%1h4.3966−0.568%$1.9M$13.1M25xas long as short
Lighter NEAR+0.0840%1h4.4053−0.372%$17.3M$25.2M15xas long as short
Arcus NEAR-USD+0.0880%1h4.4150−0.152%$224K$1.6M10xas long as short
Lighter RH NEAR+0.0912%1h4.4136−0.184%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4297+0.180%$1.8M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4042−0.396%$420K$1.4M10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4204−0.030%$669K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1271%1h4.4286+0.156%$6K$12K10xas long as short