Funding you earn now, next payment 03:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.14 per $10,000 · paid last 24h +0.049%
Price spread now: Pacifica against Coinbase International+0.328%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days+0.262%+$26 on $10k
+Price spread, last 4 days (all we have)−0.338%−$34 · spread now +0.328%, 7d avg +0.059%
=Together, before fees−0.077%+ Points / potential airdropPacifica: Active · farm board−$8 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 Pacifica is 0.269% dearer against Coinbase International than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International NEAR-PERP-INTX | 4.4456 | −0.0008 | get 0.0001% / 1h | 47m 51s | $2.2M | $15.4M | 50x |
| Short | Pacifica NEAR | 4.4602 | 0.0100 | get 0.0013% / 1h | 47m 51s | $426K | $1.2M | 10x |
Coinbase International NEAR-PERP-INTX
Pacifica NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $22.68
- Price spread: +0.328% → +0.059%
- $26.92
- Slippage, 4 orders
- −$35.67
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$4.07
- Costs to cover
- 0.537%
- Break-even
- 8.3 days
Slippage from Coinbase International: live order book, 1 min ago; Pacifica: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 1 min ago | 5.05 bp | 12.1 bp −$12 | 21.1 bp −$211 | 389.3 bp −$38.9K | doesn't fit |
| Sell Pacifica live order book, 1 min ago | 4.26 bp | 16.7 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
NEAR on 45 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4520 | +0.144% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTXlong | −0.0008% | 1h | 4.4456 | long leg | $2.2M | $15.4M | 50x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4571 | +0.259% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4550 | +0.211% | $621K | $22.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4519 | +0.141% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.852% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4620 | +0.369% | $118K | $515K | 50x | as long as short |
| Pacifica NEARshort | +0.0100% | 1h | 4.4602 | +0.328% | $426K | $1.2M | 10x | |
| Binance NEARUSDT | +0.0100% | 8h | 4.4509 | +0.118% | $272.9M | $1.11B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4430 | −0.058% | $222.6M | $424.5M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4500 | +0.099% | $63.6M | $303.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5100 | +1.449% | $257K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4501 | +0.101% | $32.1M | $62.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4530 | +0.166% | $75.8M | $147.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4540 | +0.189% | $55.3M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4502 | +0.103% | $73.2M | $130.6M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4440 | −0.036% | — | $147.2M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4797 | +0.767% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4912 | +1.026% | $269K | $977K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4926 | +1.056% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4870 | +0.931% | $172K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4612 | +0.351% | $240K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4506 | +0.112% | $57K | $237K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4550 | +0.211% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4477 | +0.047% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4570 | +0.256% | $464K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4480 | +0.054% | $3.8M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4587 | +0.295% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4485 | +0.065% | $207K | $40K | 3x | as long as short |
| Extended NEAR-USD | +0.0208% | 1h | 4.4475 | +0.043% | $4.0M | $19.6M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0217% | 1h | 4.4508 | +0.117% | $1.4M | $6.6M | 20x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4660 | +0.459% | $14.2M | $33.5M | 75x | as long as short |
| Hyperliquid NEAR | +0.0247% | 1h | 4.4535 | +0.178% | $369.0M | $325.4M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0264% | 1h | 4.4638 | +0.409% | $13K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0267% | 1h | 4.4499 | +0.097% | $2.0M | $6.6M | 25x | as long as short |
| Aster NEARUSDT | +0.0300% | 8h | 4.4511 | +0.124% | $3.1M | $5.6M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0338% / S −0.0216% | 1h | 4.4528 | +0.163% | $249K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0480% | 1h | 4.4548 | +0.207% | $1.6M | $7.1M | 10x | as long as short |
| Nado NEAR-PERP | +0.0512% | 1h | 4.4557 | +0.227% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4670 | +0.481% | $221K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0584% | 1h | 4.4474 | +0.040% | $8.2M | $40.2M | 50x | as long as short |
| Lighter NEAR | +0.0712% | 1h | 4.4547 | +0.205% | $18.0M | $26.2M | 15x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4822 | +0.823% | $1.9M | $2.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4662 | +0.463% | $564K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1574% | 1h | 4.4772 | +0.711% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Extended NEAR-USD
Backpack NEAR_USDC_PERP
BloFin NEAR-USDT
Hyperliquid NEAR
01 Exchange NEARUSD
Deribit NEAR_USDC-PERPETUAL
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Nado NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Lighter NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD