Funding you earn now, next payment 06:00 UTC+0.0747%/8h= +81.8% APRpaid last 24h +0.008%
Price spread now: Pacifica against GRVT+0.642%52s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.539% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days−0.679%−$68 · spread now +0.642%, 7d avg +0.012%
=Together, before fees−0.646%+ Points / potential airdropGRVT: Active · Pacifica: Active · farm board−$65 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Pacifica is 0.630% dearer against GRVT than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of +0.012%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NEAR_USDT_Perp | 4.3062 | 0.0100 | pay 0.0100% / 8h | 2h 20m | $1.4M | $1.5M | 10x |
| Short | Pacifica NEAR | 4.3339 | 0.0847 | get 0.0106% / 1h | 20m 37s | $397K | $1.3M | 10x |
GRVT NEAR_USDT_Perp
Pacifica NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against GRVT. 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
- $156.81
- Price spread: +0.642% → +0.012%
- $62.96
- Slippage, 4 orders
- −$36.92
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $165.86
- Costs to cover
- 0.539%
- Break-even
- from the start
Slippage from GRVT: live order book, 3 min ago; Pacifica: live order book, 3 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 GRVT live order book, 3 min ago | 2.32 bp | 9.1 bp −$9 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 3 min ago | 0.12 bp | 13.8 bp −$14 | 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 | 4.3272 | +0.487% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3282 | +0.511% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3198 | +0.316% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.837% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3390 | +0.761% | $114K | $497K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3366 | +0.705% | $216.7M | $420.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3390 | +0.761% | $61.1M | $287.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3050 | −0.029% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3385 | +0.749% | $32.9M | $60.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3420 | +0.831% | $77.8M | $144.9M | 200x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3380 | +0.738% | $52.3M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3389 | +0.759% | $71.7M | $127.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3390 | +0.761% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3197 | +0.314% | $8.4M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3029 | −0.078% | $259K | $956K | 20x | as long as short |
| GRVT NEAR_USDT_Perplong | +0.0100% | 8h | 4.3062 | long leg | $1.4M | $1.5M | 10x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3279 | +0.503% | $265K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3260 | +0.459% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3320 | +0.598% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3390 | +0.761% | $467K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3250 | +0.436% | $3.6M | $8.3M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3418 | +0.826% | $265.7M | $1.08B | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3391 | +0.763% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3260 | +0.459% | $201K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3270 | +0.482% | $13.4M | $31.7M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3310 | +0.575% | $2.3M | $16.0M | 50x | as long as short |
| Kalshi KXNEARPERP | +0.0298% | 8h | 4.3251 | +0.438% | $939K | $24.6M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0312% / S −0.0198% | 1h | 4.3202 | +0.324% | $234K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0335% | 8h | 4.3374 | +0.723% | $2.8M | $5.3M | 50x | as long as short |
| ApeX Omni NEARUSDT | +0.0346% | 1h | 4.3030 | −0.075% | $165K | $795K | 50x | as long as short |
| Nado NEAR-PERP | +0.0390% | 1h | 4.3271 | +0.485% | $1.7M | $3.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0520% | 1h | 4.3383 | +0.744% | $3.7M | $19.6M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0581% | 1h | 4.3255 | +0.447% | $6K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0662% | 1h | 4.3380 | +0.738% | $355.4M | $309.3M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0680% | 1h | 4.3299 | +0.550% | $1.3M | $6.6M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0731% | 1h | 4.3241 | +0.415% | $7.4M | $38.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0744% | 1h | 4.3453 | +0.907% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3440 | +0.877% | $225K | $1.6M | 10x | as long as short |
| Pacifica NEARshort | +0.0847% | 1h | 4.3339 | +0.642% | $397K | $1.3M | 10x | |
| Lighter NEAR | +0.0936% | 1h | 4.3396 | +0.775% | $17.0M | $25.1M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3267 | +0.475% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1112% | 1h | 4.3407 | +0.800% | $1.5M | $7.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1162% | 1h | 4.3273 | +0.489% | $1.9M | $11.2M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3436 | +0.869% | $693K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1366% | 1h | 4.3020 | −0.098% | $5K | $12K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Binance NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
ApeX Omni NEARUSDT
Nado NEAR-PERP
Extended NEAR-USD
SoDEX NEAR-USD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Arcus NEAR-USD
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Aftermath Perps NEARUSD