NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0476%/8h= −52.1% APRnext payment −$0.60 per $10,000 · paid last 24h +0.005%

Price spread now: Pacifica against Extended+0.243%7-day average +0.073% · 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−$16as in the Price arb table

costs, in and out, $10k−$330.334% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 7 days−0.307%−$31 · spread now +0.243%, 7d avg +0.073%

Together, before fees−0.257%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.169% dearer against Extended than usual: you sell high and buy low (spread +0.243% now, against its 7-day average of +0.073%): +$17 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.050%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NEAR-USD	4.3805	0.0576	pay 0.0072% / 1h	59m 02s	$3.9M	$19.6M	25x
Short	Pacifica NEAR	4.3912	0.0100	get 0.0013% / 1h	59m 02s	$417K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee PacificabpOrdersPrice spread, now +0.243%Rate

Funding earned: −$99.96
Price spread: +0.243% → +0.073%: $16.95
Slippage, 4 orders: −$20.43
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$116.45
Costs to cover: 0.334%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Pacifica: live order book, 5 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 Extended live order book, 5 min ago	0.23 bp	4.9 bp −$5	9.9 bp −$99	809.9 bp −$81.0K	doesn't fit
Sell Pacifica live order book, 5 min ago	1.70 bp	14.8 bp −$15	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	4.3888	+0.189%	$2K	—	20x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3862	+0.129%	$623K	$22.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3877	+0.164%	$164K	—	150x	as long as short
dYdX NEAR-USD	+0.0007%	1h	4.3861	+0.127%	$108K	$69K	10x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.468%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3968	+0.371%	$2.2M	$15.7M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3940	+0.307%	$113K	$507K	50x	as long as short
Pacifica NEARshort	+0.0100%	1h	4.3912	+0.243%	$417K	$1.2M	10x
Binance NEARUSDT	+0.0100%	8h	4.3940	+0.307%	$271.2M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3870	+0.147%	$221.3M	$423.0M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3830	+0.056%	$62.7M	$294.4M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3879	+0.167%	$250K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3872	+0.152%	$31.9M	$60.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3870	+0.147%	$76.2M	$142.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3900	+0.216%	$54.7M	$46.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3813	+0.017%	$72.0M	$129.2M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3840	+0.079%	—	$146.1M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3907	+0.233%	$8.5M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3951	+0.332%	$264K	$966K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3988	+0.418%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3990	+0.421%	$169K	$801K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3948	+0.325%	$244K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3895	+0.204%	$57K	$244K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3990	+0.421%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3889	+0.191%	$8K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3980	+0.398%	$455K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3930	+0.284%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3928	+0.281%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3950	+0.329%	$204K	$40K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3910	+0.239%	$13.8M	$32.5M	75x	as long as short
Aster NEARUSDT	+0.0311%	8h	4.3920	+0.261%	$2.9M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0191%	1h	4.3879	+0.167%	$233K	—	100x	as long as short
Nado NEAR-PERP	+0.0385%	1h	4.3903	+0.223%	$1.9M	$3.1M	10x	as long as short
01 Exchange NEARUSD	+0.0496%	1h	4.4016	+0.481%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0503%	1h	4.3934	+0.295%	$362.0M	$320.2M	10x	as long as short
Extended NEAR-USDlong	+0.0576%	1h	4.3805	long leg	$3.9M	$19.6M	25x
Arcus NEAR-USD	+0.0581%	1h	4.4000	+0.444%	$217K	$1.7M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0702%	1h	4.3879	+0.168%	$7.9M	$39.8M	50x	as long as short
Lighter RH NEAR	+0.0712%	1h	4.3945	+0.319%	$1.6M	$7.0M	10x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4008	+0.462%	$1.8M	$2.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0806%	1h	4.3921	+0.264%	$1.4M	$6.4M	20x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0980%	1h	4.3945	+0.319%	$2.0M	$7.3M	25x	as long as short
Lighter NEAR	+0.1040%	1h	4.3964	+0.362%	$17.7M	$24.8M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.4002	+0.450%	$602K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1603%	1h	4.3969	+0.373%	$5K	$12K	10x	as long as short