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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0449%/8h= +49.1% APRpaid last 24h −0.005%
Price spread now: Pacifica against BloFin−0.310%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$540.538% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.139%−$14 on $10k
Price spread, last 4 days (all we have)+0.377%+$38 · spread now −0.310%, 7d avg +0.022%
Together, before fees+0.239%+ Points / potential airdropPacifica: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.332% cheaper against BloFin than usual: you would sell low and buy high (spread −0.310% now, against its 7-day average of +0.022%). If the spread goes back, that is −$33 on $10k: about 2.5 days of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.139%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.2% 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
LongBloFin NEAR-USDT4.36700.0253pay 0.0253% / 8h7h 55m$13.4M$32.2M75x
ShortPacifica NEAR4.35350.0701get 0.0088% / 1h55m 09s$410K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against BloFin. 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
$94.19
Price spread: −0.310% → +0.022%
−$33.19
Slippage, 4 orders
−$33.84
Fee BloFin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$7.16
Costs to cover
0.538%
Break-even
6.5 days
Slippage from BloFin: live order book, 4 min ago; Pacifica: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago2.29 bp8.3 bp −$813.0 bp −$13028.8 bp −$2,88380.7 bp −$40.3K
Sell Pacifica live order book, 4 min ago1.94 bp13.5 bp −$14doesn'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
Kraken Futures PF_NEARUSD−0.0433%1h4.3610−0.138%$7.2M$38.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3558−0.256%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3514−0.358%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3608−0.143%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.175%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3550−0.275%$115K$500K50xas long as short
Aster NEARUSDT+0.0100%8h4.3705+0.080%$2.7M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.3730+0.137%$220.6M$429.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3730+0.137%$61.5M$297.1M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3570−0.229%$228K$1.5M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk NEAR-USD+0.0100%1h4.3688+0.041%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.3694+0.055%$36.2M$61.6M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3700+0.069%$52.9M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3690+0.046%$72.2M$127.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.3578−0.211%$8.9M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.3672+0.005%$253K$892K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3710+0.092%$167K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3565−0.240%$272K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3654−0.037%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3640−0.069%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3620−0.114%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3690+0.046%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3535−0.310%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3593−0.177%$3.6M$16.2M25xas long as short
Aevo NEAR-PERP+0.0112%1h4.3621−0.112%$203K$40K3xas long as short
Binance NEARUSDT+0.0133%8h4.3733+0.144%$263.9M$1.09B75xas long as short
MEXC NEAR_USDT+0.0136%8h4.3690+0.046%$90.3M$152.8M200xas long as short
BingX NEAR-USDC+0.0144%8h4.3700+0.069%$6.7Mas long as short
Kalshi KXNEARPERP+0.0161%8h4.3575−0.218%$911K$25.1M2.2xas long as short
GRVT NEAR_USDT_Perp+0.0250%8h4.3771+0.232%$1.4M$1.6M10xas long as short
BloFin NEAR-USDTlong+0.0253%8h4.3670long leg$13.4M$32.2M75x
01 Exchange NEARUSD+0.0312%1h4.3583−0.199%$13K$7K10xas long as short
Hyperliquid NEAR+0.0325%1h4.3728+0.133%$352.6M$317.3M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0345% / S −0.0246%1h4.3608−0.142%$254K100xas long as short
Lighter RH NEAR+0.0376%1h4.3683+0.030%$1.5M$6.4M10xas long as short
Nado NEAR-PERP+0.0384%1h4.3547−0.281%$1.7M$3.2M10xas long as short
HTX NEAR-USDT+0.0423%8h4.3690+0.046%$462K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3634−0.082%$2.3M$17.0M50xas long as short
Backpack NEAR_USDC_PERP+0.0527%1h4.3728+0.133%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.3560−0.252%$592K$1.5M10xas long as short
Pacifica NEARshort+0.0701%1h4.3535−0.310%$410K$1.4M10x
Lighter NEAR+0.0728%1h4.3693+0.052%$17.2M$23.8M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0896%1h4.3660−0.023%$1.9M$13.1M25xas long as short
Phoenix NEAR+0.0949%1h4.3754+0.192%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1099%1h4.3638−0.074%$5K$7K10xas long as short