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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.3% APRpaid last 24h +0.012%
Price spread now: Polymarket Perps against Variational Omni+0.938%7-day average +0.013% · 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)+0.007%+$1 on $10k
Price spread, last 7 days−0.815%−$81 · spread now +0.938%, 7d avg +0.013%
Together, before fees−0.808%+ Points / potential airdropVariational Omni: Active · farm board−$81 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.924% dearer against Variational Omni than usual: you sell high and buy low: +$92 more if the spread goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.2668−0.0004get 0.0004% / 8h7h 25m$7.9M$18.8M
ShortPolymarket Perps NEAR-USD4.30680.0100get 0.0013% / 1h25m 20s$203K$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$21.76
Price spread: +0.938% → +0.013%
$92.41
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$106.17
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Polymarket Perps: live order book, 4 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, 4 min ago3.88 bpdoesn't fit10.5 bp −$10530.9 bp −$3,094doesn't fit
Sell Polymarket Perps live order book, 4 min ago3.16 bp9.5 bp −$921.2 bp −$212doesn'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%1h4.3041+0.874%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.3035+0.861%$7.3M$37.3M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3055+0.907%$2.3M$13.0M50xas long as short
Phemex NEARUSDT−0.0088%8h4.3040+0.872%$3.8M$8.5M50xas long as short
01 Exchange NEARUSD−0.0016%1h4.3053+0.902%$13K$7K10xas long as short
Variational Omni NEARlong−0.0004%8h4.2668long leg$7.9M$18.8M
dYdX NEAR-USD0.0000%1h4.3014+0.811%$111K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2906+0.558%$421K$18.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3074+0.952%$205K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−2.948%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0038%8h4.3037+0.865%$217.9M$416.6M75xas long as short
Gate NEAR_USDT+0.0092%8h4.3070+0.942%$31.0M$59.7M75xas long as short
Popdex NEARUSDT+0.0096%1h4.3040+0.872%$114K$480K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.3034+0.858%$57K$191K20xas long as short
Paradex NEAR-USD-PERP+0.0099%8h4.2960+0.686%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.3043+0.879%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.3029+0.846%$398K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3094+0.999%$255.1M$1.06B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3010+0.802%$60.7M$279.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3030+0.849%$197K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2789+0.284%$244K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.3060+0.919%$76.8M$140.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3090+0.989%$56.7M$42.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3009+0.799%$71.3M$124.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3070+0.942%$141.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.2780+0.262%$255K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2745+0.181%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2800+0.309%$179K$782K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.3068+0.938%$203K$3.5M10x
SunX NEAR-USDT+0.0100%8h4.3090+0.989%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3020+0.825%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3130+1.083%$456K$3.7M75xas long as short
Extended NEAR-USD+0.0104%1h4.3011+0.803%$3.9M$17.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3023+0.833%$200K$28K3xas long as short
Hyperliquid NEAR+0.0151%1h4.3105+1.024%$361.7M$305.5M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.3080+0.966%$12.9M$28.3M75xas long as short
Lighter RH NEAR+0.0368%1h4.3072+0.947%$1.6M$6.9M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0373% / S −0.0306%1h4.3075+0.954%$274K100xas long as short
Backpack NEAR_USDC_PERP+0.0418%1h4.2791+0.288%$1.3M$5.9M20xas long as short
RISEx NEAR/USDC+0.0428%1h4.3040+0.871%$408K$1.2M10xas long as short
Nado NEAR-PERP+0.0459%1h4.3040+0.872%$1.9M$3.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0494%1h4.3071+0.945%$1.9M$3.5M25xas long as short
Phoenix NEAR+0.0499%1h4.2669+0.002%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1318%1h4.2795+0.299%$5K$12K10xas long as short
Lighter NEAR+0.1872%1h4.3144+1.115%$17.3M$24.4M15xas long as short