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

NEAR

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 05:00 UTC+0.0163%/8h= +17.9% APRpaid last 24h +0.015%
Price spread now: Pacifica against Bybit+0.080%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Long on BybitShort on Pacifica
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 7 days−0.080%−$8 · spread now +0.080%, 7d avg +0.042%
Together, before fees+0.013%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Pacifica is 0.038% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEARUSDT4.31560.0100pay 0.0100% / 8h3h 10m$213.5M$425.7M75x
ShortPacifica NEAR4.31900.0263get 0.0033% / 1h10m 04s$399K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$34.29
Price spread: +0.080% → +0.042%
$3.78
Slippage, 4 orders
−$16.59
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$2.48
Costs to cover
0.356%
Break-even
6.5 days
Slippage from Bybit: 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 Bybit live order book, 4 min ago1.15 bp9.9 bp −$1013.7 bp −$13728.1 bp −$2,808108.1 bp −$54.0K
Sell Pacifica live order book, 4 min ago0.69 bp11.3 bp −$11doesn'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%1h4.3151−0.011%$2K—20xas long as short
dYdX NEAR-USD0.0000%1h4.3146−0.022%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3139−0.039%$162K—150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.046%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3272+0.269%$2.3M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3170+0.032%$110K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3190+0.079%$264.0M$1.09B75xas long as short
Bybit NEARUSDTlong+0.0100%8h4.3156long leg$213.5M$425.7M75x
OKX NEAR-USDT-SWAP+0.0100%8h4.3160+0.009%$61.1M$286.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3449+0.679%$248K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3157+0.002%$32.0M$62.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3190+0.079%$73.6M$146.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3180+0.056%$53.5M$45.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3179+0.053%$71.2M$127.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3160+0.009%—$144.6M—as long as short
Variational Omni NEAR+0.0100%8h4.3247+0.211%$8.2M$17.9M—as long as short
edgeX NEARUSDC+0.0100%4h4.3426+0.625%$254K$946K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3415+0.599%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3430+0.635%$167K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3191+0.081%$271K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3173+0.039%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3250+0.218%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3260+0.241%$467K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3200+0.102%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3151−0.012%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3180+0.055%$201K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3300+0.334%$13.5M$32.0M75xas long as short
Pacifica NEARshort+0.0263%1h4.3190+0.080%$399K$1.3M10x
Kalshi KXNEARPERP+0.0281%8h4.3210+0.125%$869K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3136−0.046%$233K—100xas long as short
Aster NEARUSDT+0.0336%8h4.3180+0.056%$2.8M$5.5M50xas long as short
SoDEX NEAR-USD+0.0345%1h4.3147−0.021%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3222+0.153%$13K$7K10xas long as short
Extended NEAR-USD+0.0560%1h4.3135−0.049%$3.8M$19.9M25xas long as short
Nado NEAR-PERP+0.0561%1h4.3158+0.004%$1.8M$3.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0578%1h4.3188+0.074%$1.3M$6.8M20xas long as short
Hyperliquid NEAR+0.0583%1h4.3221+0.151%$354.0M$314.8M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3210+0.125%$212K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0677%1h4.3174+0.042%$1.9M$9.8M25xas long as short
Kraken Futures PF_NEARUSD+0.0714%1h4.3162+0.013%$7.6M$38.9M50xas long as short
Lighter RH NEAR+0.0920%1h4.3216+0.139%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3478+0.746%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1088%1h4.3227+0.165%$17.4M$25.1M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3202+0.107%$674K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1594%1h4.3339+0.424%$5K$13K10xas long as short