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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0492%/8h= +53.9% APRpaid last 24h +0.145%
Price spread now: RISEx against Variational Omni+0.567%7-day average +0.022% · 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)+0.382%+$38 on $10k
Price spread, last 7 days−0.473%−$47 · spread now +0.567%, 7d avg +0.022%
Together, before fees−0.091%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and RISEx is 0.545% dearer against Variational Omni than usual: you sell high and buy low: +$55 more if the spread goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.29570.0016pay 0.0016% / 8h6h 58m$8.2M$18.8M
ShortRISEx NEAR/USDC4.32010.0509get 0.0064% / 1h58m 12s$429K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$103.39
Price spread: +0.567% → +0.022%
$54.52
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee RISEx: 3 bp × 2 orders
−$6
Net
$151.91
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; RISEx: live order book, 1 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, 1 min ago3.87 bpdoesn't fit13.2 bp −$13233.7 bp −$3,365doesn't fit
Sell RISEx live order book, 1 min ago2.37 bp5.4 bp −$513.7 bp −$137doesn'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%1h4.3198+0.560%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3185+0.530%$2.2M$13.3M50xas long as short
dYdX NEAR-USD0.0000%1h4.3090+0.308%$112K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3241+0.660%$392K$18.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3165+0.482%$157K150xas long as short
Variational Omni NEARlong+0.0016%8h4.2957long leg$8.2M$18.8M
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.602%$578$302K12xas long as short
Phemex NEARUSDT+0.0069%8h4.3180+0.518%$3.8M$8.3M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3210+0.588%$115K$474K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3189+0.539%$57K$162K20xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.3250+0.681%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.3118+0.374%$406K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3188+0.537%$257.9M$1.05B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3171+0.497%$219.8M$416.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3160+0.471%$60.9M$277.1M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3200+0.565%$205K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3243+0.664%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3182+0.523%$31.0M$59.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3180+0.518%$75.5M$135.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3240+0.658%$55.8M$42.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3160+0.471%$71.4M$122.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3170+0.495%$142.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.3202+0.569%$257K$1.1M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2940−0.041%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3200+0.565%$177K$777K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3228+0.630%$209K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3260+0.704%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3165+0.483%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3200+0.565%$451K$3.7M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3136+0.415%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3144+0.434%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3170+0.495%$201K$31K3xas long as short
Kraken Futures PF_NEARUSD+0.0219%1h4.3211+0.591%$7.9M$37.9M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3260+0.704%$13.2M$27.7M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0283%1h4.3185+0.530%$1.9M$4.0M25xas long as short
01 Exchange NEARUSD+0.0304%1h4.3217+0.604%$13K$7K10xas long as short
Nado NEAR-PERP+0.0348%1h4.3220+0.611%$1.9M$3.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0377% / S −0.0308%1h4.3158+0.468%$276K100xas long as short
Lighter RH NEAR+0.0488%1h4.3238+0.653%$1.6M$6.9M10xas long as short
Phoenix NEAR+0.0499%1h4.3191+0.544%$1.8M$2.5M10xas long as short
RISEx NEAR/USDCshort+0.0509%1h4.3201+0.567%$429K$1.2M10x
Hyperliquid NEAR+0.0933%1h4.3280+0.751%$366.5M$302.3M10xas long as short
Backpack NEAR_USDC_PERP+0.1066%1h4.3324+0.853%$1.3M$5.9M20xas long as short
Lighter NEAR+0.1312%1h4.3275+0.740%$17.3M$24.3M15xas long as short
Aftermath Perps NEARUSD+0.1489%1h4.3224+0.621%$5K$12K10xas long as short