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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: edgeX against Variational Omni+0.142%59s7-day average −0.018% · 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)+0.017%+$2 on $10k
Price spread, last 7 days−0.152%−$15 · spread now +0.142%, 7d avg −0.018%
Together, before fees−0.135%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$14 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: edgeX is 0.160% dearer against Variational Omni than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.018%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.34970.0100pay 0.0100% / 8h3h 46m$8.4M$18.0M
ShortedgeX NEARUSDC4.35590.0100get 0.0050% / 4h3h 46m$255K$950K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
Price spread: +0.142% → −0.018%
$15.98
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$6.98
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; edgeX: live order book, 62 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, 3 min ago3.86 bpdoesn't fit11.9 bp −$11935.0 bp −$3,503doesn't fit
Sell edgeX live order book, 62 min ago10.08 bp15.2 bp −$1535.7 bp −$357doesn'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%1h4.3379−0.273%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3389−0.250%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3381−0.267%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.799%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3443−0.125%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3370−0.293%$107K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.3421−0.175%$267.0M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3389−0.249%$218.1M$424.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3400−0.224%$61.9M$291.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3771+0.629%$249K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3371−0.291%$31.7M$60.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3410−0.201%$73.9M$143.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3420−0.178%$54.1M$46.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3357−0.323%$71.2M$128.8M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3370−0.293%$6.7Mas long as short
Variational Omni NEARlong+0.0100%8h4.3497long leg$8.4M$18.0M
edgeX NEARUSDCshort+0.0100%4h4.3559+0.142%$255K$950K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3580+0.190%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3580+0.190%$168K$799K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3406−0.210%$249K$3.8M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3439−0.134%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3470−0.063%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3500+0.006%$455K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3450−0.109%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3360−0.316%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3425−0.166%$202K$40K3xas long as short
Kalshi KXNEARPERP+0.0127%8h4.3425−0.166%$609K$22.9M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.3410−0.201%$13.7M$32.2M75xas long as short
Pacifica NEAR+0.0263%1h4.3424−0.170%$412K$1.2M10xas long as short
Aster NEARUSDT+0.0312%8h4.3433−0.147%$2.9M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0319% / S −0.0191%1h4.3381−0.268%$231K100xas long as short
SoDEX NEAR-USD+0.0392%1h4.3395−0.235%$8K$52K10xas long as short
Backpack NEAR_USDC_PERP+0.0502%1h4.3427−0.162%$1.4M$6.5M20xas long as short
01 Exchange NEARUSD+0.0528%1h4.3427−0.162%$13K$7K10xas long as short
Hyperliquid NEAR+0.0594%1h4.3438−0.137%$357.5M$318.7M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3420−0.178%$213K$1.6M10xas long as short
Extended NEAR-USD+0.0648%1h4.3343−0.354%$3.8M$19.7M25xas long as short
Kraken Futures PF_NEARUSD+0.0710%1h4.3399−0.227%$7.7M$39.7M50xas long as short
Nado NEAR-PERP+0.0730%1h4.3403−0.218%$1.9M$3.1M10xas long as short
Lighter RH NEAR+0.0936%1h4.3465−0.074%$1.5M$7.3M10xas long as short
Phoenix NEAR+0.0941%1h4.3717+0.505%$1.8M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0948%1h4.3443−0.125%$1.9M$8.2M25xas long as short
Lighter NEAR+0.1152%1h4.3452−0.104%$17.5M$24.8M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3403−0.217%$625K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1618%1h4.3567+0.161%$5K$12K10xas long as short