Funding you earn now, next payment 08:00 UTC+0.0771%/8h= +84.5% APRpaid last 24h +0.061%
Price spread now: Pacifica against Kalshi−0.029%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 7 days+0.266%+$27 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now −0.029%, 7d avg +0.012%
=Together, before fees+0.273%+ Points / potential airdropPacifica: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.041% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.012%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.266% in total) that is about 26 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.266% in total (about 13.9% 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 | Kalshi KXNEARPERP | 4.3425 | 0.0178 | pay 0.0178% / 8h | 4h 21m | $941K | $25.1M | 2.2x |
| Short | Pacifica NEAR | 4.3412 | 0.0949 | get 0.0119% / 1h | 21m 59s | $409K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Kalshi. 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
- $161.98
- Price spread: −0.029% → +0.012%
- −$4.13
- Slippage, 4 orders
- −$31.32
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $108.53
- Costs to cover
- 0.493%
- Break-even
- 2.3 days
Slippage from Kalshi: live order book, 2 min ago; Pacifica: live order book, 2 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 Kalshi live order book, 2 min ago | 7.03 bp | 12.0 bp −$12 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 2 min ago | 1.84 bp | 14.4 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 | 4.3418 | −0.016% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3382 | −0.100% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3379 | −0.107% | $162K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3382 | −0.100% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.640% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3420 | −0.012% | $113K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3481 | +0.129% | $219.7M | $429.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3490 | +0.150% | $61.0M | $293.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3196 | −0.528% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3419 | −0.014% | $35.4M | $62.7M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3380 | −0.104% | $52.6M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3476 | +0.117% | $71.9M | $127.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3237 | −0.433% | $8.8M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3242 | −0.422% | $251K | $898K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3235 | −0.437% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3250 | −0.403% | $165K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3439 | +0.032% | $278K | $4.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3373 | −0.120% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3480 | +0.127% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3392 | −0.076% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3410 | −0.035% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3424 | −0.002% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3459 | +0.078% | $3.6M | $16.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3378 | −0.107% | $202K | $38K | 3x | as long as short |
| HTX NEAR-USDT | +0.0143% | 8h | 4.3500 | +0.173% | $464K | $3.8M | 75x | as long as short |
| Aster NEARUSDT | +0.0160% | 8h | 4.3449 | +0.055% | $2.7M | $4.9M | 50x | as long as short |
| Hyperliquid NEAR | +0.0173% | 1h | 4.3478 | +0.122% | $350.4M | $315.4M | 10x | as long as short |
| Binance NEARUSDT | +0.0176% | 8h | 4.3471 | +0.105% | $263.3M | $1.09B | 75x | as long as short |
| Kalshi KXNEARPERPlong | +0.0178% | 8h | 4.3425 | long leg | $941K | $25.1M | 2.2x | |
| MEXC NEAR_USDT | +0.0178% | 8h | 4.3490 | +0.150% | $85.3M | $152.1M | 200x | as long as short |
| BingX NEAR-USDC | +0.0189% | 8h | 4.3480 | +0.127% | — | $6.7M | — | as long as short |
| 01 Exchange NEARUSD | +0.0248% | 1h | 4.3456 | +0.071% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0298% | 8h | 4.3450 | +0.058% | $13.4M | $32.0M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0318% / S −0.0206% | 1h | 4.3384 | −0.095% | $235K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0405% | 1h | 4.3395 | −0.069% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0438% | 1h | 4.3471 | +0.106% | $1.0M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3429 | +0.009% | $2.3M | $16.9M | 50x | as long as short |
| Lighter RH NEAR | +0.0560% | 1h | 4.3461 | +0.083% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEAR | +0.0592% | 1h | 4.3465 | +0.093% | $17.1M | $25.3M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3440 | +0.035% | $228K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0696% | 1h | 4.3398 | −0.062% | $1.9M | $13.2M | 25x | as long as short |
| Pacifica NEARshort | +0.0949% | 1h | 4.3412 | −0.029% | $409K | $1.4M | 10x | |
| Phoenix NEAR | +0.0949% | 1h | 4.3360 | −0.150% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3445 | +0.045% | $606K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1168% | 1h | 4.3315 | −0.254% | $5K | $7K | 10x | as long as short |
Kalshi KXNEARPERP
Pacifica NEAR
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
HTX NEAR-USDT
Aster NEARUSDT
Hyperliquid NEAR
Binance NEARUSDT
MEXC NEAR_USDT
BingX NEAR-USDC
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD