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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%
Price spread now: dYdX against Variational Omni+0.447%7-day average −0.072% · 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)−0.082%−$8 on $10k
Price spread, last 4 days (all we have)−1.684%−$168 · spread now +0.447%, 7d avg −0.072%
Together, before fees−1.765%+ Points / potential airdropVariational Omni: Active · farm board−$177 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.520% dearer against Variational Omni than usual: you sell high and buy low (spread +0.447% now, against its 7-day average of −0.072%): +$52 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 NEAR4.14610.0100pay 0.0100% / 8h1h 44m$7.7M$18.5M
ShortdYdX NEAR-USD4.16470get 0.0000% / 1h44m 38s$107K$56K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: +0.447% → −0.072%
$51.96
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
$20.96
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; dYdX: 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 ago3.92 bpdoesn't fit11.4 bp −$11422.9 bp −$2,290doesn't fit
Sell dYdX live order book, 39 min ago112.52 bp117.5 bp −$118127.8 bp −$1,278141.2 bp −$14.1K162.3 bp −$81.1K

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%1h4.1556+0.230%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1590+0.311%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.123%$578$302K12xas long as short
dYdX NEAR-USDshort0.0000%1h4.1647+0.447%$107K$56K10x
Kalshi KXNEARPERP0.0000%8h4.1607+0.352%$440K$18.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1598+0.330%$206K150xas long as short
Kraken Futures PF_NEARUSD+0.0049%1h4.1621+0.387%$7.5M$36.8M50xas long as short
01 Exchange NEARUSD+0.0064%1h4.1689+0.550%$12K$7K10xas long as short
Lighter NEAR+0.0096%1h4.1685+0.541%$15.3M$22.5M15xas long as short
Lighter RH NEAR+0.0096%1h4.1697+0.569%$1.4M$6.9M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.1570+0.263%$111K$483K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.1600+0.335%$54K$156K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1635+0.420%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1674+0.514%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1655+0.467%$351K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1648+0.451%$238.4M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1627+0.400%$212.3M$422.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1630+0.407%$57.0M$275.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1670+0.504%$309K$1.6M10xas long as short
Gate NEAR_USDT+0.0100%8h4.1653+0.463%$29.8M$57.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1640+0.432%$82.1M$141.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1670+0.504%$55.0M$44.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1638+0.427%$69.2M$125.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1640+0.432%$6.6Mas long as short
Variational Omni NEARlong+0.0100%8h4.1461long leg$7.7M$18.5M
edgeX NEARUSDC+0.0100%4h4.1534+0.176%$237K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1516+0.132%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1500+0.094%$182K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1604+0.345%$198K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1620+0.383%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1590+0.311%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1580+0.287%$3.8M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1450−0.027%$236K$4K10xas long as short
Extended NEAR-USD+0.0104%1h4.1630+0.407%$3.8M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1595+0.323%$200K$62K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.1600+0.335%$12.2M$33.4M75xas long as short
Hyperliquid NEAR+0.0322%1h4.1692+0.557%$350.5M$298.5M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1690+0.553%$413K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0380% / S −0.0327%1h4.1600+0.336%$280K100xas long as short
Backpack NEAR_USDC_PERP+0.0459%1h4.1643+0.439%$1.2M$5.7M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0495%1h4.1639+0.429%$1.8M$2.1M25xas long as short
Nado NEAR-PERP+0.0514%1h4.1557+0.231%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1614+0.369%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.0904%1h4.1502+0.100%$5K$11K10xas long as short
HTX NEAR-USDT+0.1007%8h4.1730+0.649%$447K$3.6M75xas long as short