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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Orderly against Variational Omni+0.581%7-day average +0.010% · 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)+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.889%−$89 · spread now +0.581%, 7d avg +0.010%
Together, before fees−0.880%+ Points / potential airdropVariational Omni: Active · farm board−$88 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: Orderly is 0.571% dearer against Variational Omni than usual: you sell high and buy low, +$57 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.33270.0100pay 0.0100% / 8h3h 20m$8.2M$18.0M
ShortOrderly PERP_NEAR_USDC4.35790.0100get 0.0100% / 8h3h 20m$58K$246K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.581% → +0.010%
$57.05
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$51.05
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Orderly: no order-book sample. 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, 4 min ago3.86 bpdoesn't fit9.4 bp −$9433.1 bp −$3,311doesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.3560+0.536%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3462+0.311%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3519+0.441%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.425%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3571+0.562%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3560+0.537%$110K$503K50xas long as short
Binance NEARUSDT+0.0100%8h4.3530+0.468%$266.3M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3495+0.387%$215.2M$426.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3500+0.398%$61.6M$290.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3250−0.178%$246K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3496+0.389%$32.1M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3550+0.514%$74.1M$146.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3560+0.537%$54.0M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3488+0.371%$71.7M$127.9M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3490+0.375%$145.9Mas long as short
Variational Omni NEARlong+0.0100%8h4.3327long leg$8.2M$18.0M
edgeX NEARUSDC+0.0100%4h4.3292−0.083%$253K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3500+0.399%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3280−0.109%$166K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3587+0.599%$277K$3.9M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.3579+0.581%$58K$246K20x
SunX NEAR-USDT+0.0100%8h4.3570+0.560%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3640+0.721%$473K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3580+0.583%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3504+0.407%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3568+0.554%$203K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3410+0.191%$13.4M$32.2M75xas long as short
Pacifica NEAR+0.0263%1h4.3459+0.303%$408K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0277%8h4.3539+0.488%$876K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0324% / S −0.0198%1h4.3512+0.427%$235K100xas long as short
Aster NEARUSDT+0.0333%8h4.3530+0.468%$2.9M$5.5M50xas long as short
SoDEX NEAR-USD+0.0367%1h4.3536+0.481%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0512%1h4.3541+0.493%$13K$7K10xas long as short
Nado NEAR-PERP+0.0574%1h4.3540+0.491%$1.8M$3.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0581%1h4.3551+0.516%$1.3M$6.7M20xas long as short
Hyperliquid NEAR+0.0596%1h4.3536+0.481%$356.5M$314.3M10xas long as short
Extended NEAR-USD+0.0616%1h4.3527+0.460%$3.8M$20.0M25xas long as short
Arcus NEAR-USD+0.0627%1h4.3540+0.491%$214K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0708%1h4.3554+0.524%$7.6M$39.3M50xas long as short
Lighter RH NEAR+0.0896%1h4.3602+0.634%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3290−0.086%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1088%1h4.3589+0.604%$17.6M$25.0M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1106%1h4.3583+0.590%$1.9M$9.5M25xas long as short
RISEx NEAR/USDC+0.1162%1h4.3545+0.502%$688K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1543%1h4.3445+0.271%$5K$13K10xas long as short