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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h −0.035%
Price spread now: Coinbase International against Variational Omni+0.443%7-day average −0.025% · 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)−0.158%−$16 on $10k
Price spread, last 3 days (all we have)−0.666%−$67 · spread now +0.443%, 7d avg −0.025%
Together, before fees−0.824%+ Points / potential airdropVariational Omni: Active · farm board−$82 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.468% dearer against Variational Omni than usual: you sell high and buy low (spread +0.443% now, against its 7-day average of −0.025%): +$47 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.2608−0.0005get 0.0005% / 8h7h 27m$8.0M$18.7M
ShortCoinbase International NEAR-PERP-INTX4.2797−0.0096pay 0.0012% / 1h27m 10s$2.2M$12.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$19.01
Price spread: +0.443% → −0.025%
$46.81
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$17.8
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago3.88 bpdoesn't fit10.5 bp −$10530.9 bp −$3,094doesn't fit
Sell Coinbase International live order book, 2 min ago4.79 bp12.2 bp −$1220.6 bp −$206doesn't fitdoesn't fit

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%1h4.2749+0.331%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0132%1h4.2773+0.387%$7.2M$37.3M50xas long as short
Coinbase International NEAR-PERP-INTXshort−0.0096%1h4.2797+0.443%$2.2M$12.9M50x
01 Exchange NEARUSD−0.0024%1h4.2827+0.513%$13K$7K10xas long as short
Variational Omni NEARlong−0.0005%8h4.2608long leg$8.0M$18.7M
dYdX NEAR-USD0.0000%1h4.2810+0.472%$111K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2829+0.518%$401K$18.5M2.2xas long as short
Bybit NEARUSDT+0.0003%8h4.2723+0.269%$216.0M$415.8M75xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2772+0.384%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−2.813%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0061%8h4.2761+0.358%$30.7M$59.5M75xas long as short
Popdex NEARUSDT+0.0096%1h4.2830+0.520%$114K$482K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.2775+0.391%$57K$191K20xas long as short
Paradex NEAR-USD-PERP+0.0099%8h4.2806+0.465%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.2833+0.527%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2808+0.468%$396K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2790+0.426%$253.3M$1.06B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2740+0.309%$60.1M$277.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2840+0.544%$196K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2789+0.425%$244K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.2750+0.332%$76.6M$140.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2800+0.450%$56.2M$42.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2755+0.344%$70.8M$124.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2760+0.356%$141.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.2763+0.362%$255K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2603−0.013%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2810+0.473%$179K$782K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2824+0.506%$206K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2830+0.520%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2780+0.403%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2890+0.661%$457K$3.6M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2750+0.332%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.2747+0.326%$3.8M$16.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2764+0.365%$199K$28K3xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0124%1h4.2786+0.417%$1.9M$3.4M25xas long as short
Hyperliquid NEAR+0.0150%1h4.2815+0.485%$359.1M$305.0M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2770+0.379%$12.9M$28.1M75xas long as short
Lighter RH NEAR+0.0368%1h4.2809+0.471%$1.6M$6.9M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0306%1h4.2763+0.363%$272K100xas long as short
Backpack NEAR_USDC_PERP+0.0416%1h4.2801+0.452%$1.3M$5.9M20xas long as short
RISEx NEAR/USDC+0.0428%1h4.2848+0.561%$406K$1.2M10xas long as short
Nado NEAR-PERP+0.0472%1h4.2763+0.362%$1.9M$3.2M10xas long as short
Phoenix NEAR+0.0499%1h4.2669+0.142%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1305%1h4.2691+0.193%$5K$12K10xas long as short
Lighter NEAR+0.1888%1h4.2890+0.660%$17.1M$24.3M15xas long as short