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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0783%/8h= +85.8% APRpaid last 24h +0.049%
Price spread now: Pacifica against Variational Omni−0.074%7-day average +0.005% · you buy dearer than you sell
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)+0.053%+$5 on $10k
Price spread, last 7 days+0.081%+$8 · spread now −0.074%, 7d avg +0.005%
Together, before fees+0.134%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.080% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.005%). If the spread goes back, that is −$8 on $10k: about 8 hours of funding at the current rate (+$23 a day). At the pace of the last 4 days (+0.053% in total) that is about 5.6 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.053% in total (about 5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.53170.0100pay 0.0100% / 8h6h 58m$9.4M$17.8M
ShortPacifica NEAR4.52830.0883get 0.0110% / 1h58m 29s$427K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$164.49
Price spread: −0.074% → +0.005%
−$7.97
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$148.52
Costs to cover
0.080%
Break-even
0.7 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Pacifica: live order book, just now. 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, 1 min ago3.81 bpdoesn't fit12.1 bp −$12140.6 bp −$4,060doesn't fit
Sell Pacifica live order book, just now3.86 bp16.2 bp −$16doesn't fitdoesn'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%1h4.5367+0.110%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0140%1h4.5261−0.122%$7.4M$38.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.5257−0.131%$110K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5437+0.266%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.621%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5340+0.052%$119K$522K50xas long as short
Aster NEARUSDT+0.0100%8h4.5329+0.027%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.5300−0.037%$275.2M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5281−0.079%$235.2M$434.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.5260−0.125%$64.6M$309.5M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.5370+0.118%$234K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5050−0.588%$260K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5276−0.090%$38.9M$61.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5320+0.007%$83.3M$162.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5340+0.052%$53.9M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5310−0.015%$74.8M$128.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.5300−0.037%$82.7Mas long as short
Variational Omni NEARlong+0.0100%8h4.5317long leg$9.4M$17.8M
edgeX NEARUSDC+0.0100%4h4.5428+0.245%$268K$901K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5362+0.100%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5390+0.162%$169K$826K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5323+0.014%$282K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5296−0.045%$59K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5360+0.096%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5275−0.092%$5K$49K10xas long as short
Phemex NEARUSDT+0.0100%8h4.5250−0.147%$3.5M$8.0M50xas long as short
Extended NEAR-USD+0.0104%1h4.5318+0.002%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5290−0.059%$211K$38K3xas long as short
Paradex NEAR-USD-PERP+0.0109%8h4.5315−0.003%$33K$41310xas long as short
Kalshi KXNEARPERP+0.0126%8h4.5213−0.229%$892K$25.4M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.5280−0.081%$12.7M$33.4M75xas long as short
Hyperliquid NEAR+0.0238%1h4.5358+0.091%$368.7M$321.3M10xas long as short
HTX NEAR-USDT+0.0251%8h4.5290−0.059%$479K$3.8M75xas long as short
01 Exchange NEARUSD+0.0344%1h4.5356+0.087%$13K$5K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0347% / S −0.0242%1h4.5333+0.035%$265K100xas long as short
Coinbase International NEAR-PERP-INTX+0.0520%1h4.5344+0.060%$2.4M$17.8M50xas long as short
Lighter RH NEAR+0.0552%1h4.5324+0.016%$1.6M$6.0M10xas long as short
RISEx NEAR/USDC+0.0569%1h4.5355+0.085%$649K$1.6M10xas long as short
Lighter NEAR+0.0592%1h4.5324+0.016%$17.8M$23.3M15xas long as short
Backpack NEAR_USDC_PERP+0.0669%1h4.5315−0.004%$1.1M$7.2M20xas long as short
Phoenix NEAR+0.0740%1h4.5602+0.630%$1.7M$2.2M10xas long as short
Nado NEAR-PERP+0.0811%1h4.5320+0.007%$1.7M$3.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0833%1h4.5300−0.037%$2.0M$13.1M25xas long as short
Pacifica NEARshort+0.0883%1h4.5283−0.074%$427K$1.4M10x
Aftermath Perps NEARUSD+0.1259%1h4.5350+0.073%$6K$7K10xas long as short