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

NEAR

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXNEARPERP4.34250.0178pay 0.0178% / 8h4h 21m$941K$25.1M2.2x
ShortPacifica NEAR4.34120.0949get 0.0119% / 1h21m 59s$409K$1.4M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 2 min ago7.03 bp12.0 bp −$1221.3 bp −$213doesn't fitdoesn't fit
Sell Pacifica live order book, 2 min ago1.84 bp14.4 bp −$14doesn'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%1h4.3418−0.016%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3382−0.100%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3379−0.107%$162K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3382−0.100%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.640%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3420−0.012%$113K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3481+0.129%$219.7M$429.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3490+0.150%$61.0M$293.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3196−0.528%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3419−0.014%$35.4M$62.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3380−0.104%$52.6M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3476+0.117%$71.9M$127.9M75xas long as short
Variational Omni NEAR+0.0100%8h4.3237−0.433%$8.8M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3242−0.422%$251K$898K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3235−0.437%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3250−0.403%$165K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3439+0.032%$278K$4.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3373−0.120%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3480+0.127%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3392−0.076%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3410−0.035%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3424−0.002%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3459+0.078%$3.6M$16.9M25xas long as short
Aevo NEAR-PERP+0.0128%1h4.3378−0.107%$202K$38K3xas long as short
HTX NEAR-USDT+0.0143%8h4.3500+0.173%$464K$3.8M75xas long as short
Aster NEARUSDT+0.0160%8h4.3449+0.055%$2.7M$4.9M50xas long as short
Hyperliquid NEAR+0.0173%1h4.3478+0.122%$350.4M$315.4M10xas long as short
Binance NEARUSDT+0.0176%8h4.3471+0.105%$263.3M$1.09B75xas long as short
Kalshi KXNEARPERPlong+0.0178%8h4.3425long leg$941K$25.1M2.2x
MEXC NEAR_USDT+0.0178%8h4.3490+0.150%$85.3M$152.1M200xas long as short
BingX NEAR-USDC+0.0189%8h4.3480+0.127%$6.7Mas long as short
01 Exchange NEARUSD+0.0248%1h4.3456+0.071%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0298%8h4.3450+0.058%$13.4M$32.0M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0318% / S −0.0206%1h4.3384−0.095%$235K100xas long as short
Nado NEAR-PERP+0.0405%1h4.3395−0.069%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0438%1h4.3471+0.106%$1.0M$7.1M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3429+0.009%$2.3M$16.9M50xas long as short
Lighter RH NEAR+0.0560%1h4.3461+0.083%$1.5M$6.7M10xas long as short
Lighter NEAR+0.0592%1h4.3465+0.093%$17.1M$25.3M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3440+0.035%$228K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0696%1h4.3398−0.062%$1.9M$13.2M25xas long as short
Pacifica NEARshort+0.0949%1h4.3412−0.029%$409K$1.4M10x
Phoenix NEAR+0.0949%1h4.3360−0.150%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3445+0.045%$606K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1168%1h4.3315−0.254%$5K$7K10xas long as short