Funding you earn now, next payment 08:00 UTC+0.0932%/8h= +102.1% APRnext payment +$1.17 per $10,000 · paid last 24h −0.083%
Price spread now: Pacifica against Kraken Futures+0.320%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$590.594% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)−0.263%−$26 · spread now +0.320%, 7d avg −0.005%
=Together, before fees−0.400%+ Points / potential airdropPacifica: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Pacifica is 0.325% dearer against Kraken Futures than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.137%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.17 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 | Kraken Futures PF_NEARUSD | 4.3089 | 0.0017 | pay 0.0002% / 1h | 38m 16s | $7.1M | $38.3M | 50x |
| Short | Pacifica NEAR | 4.3227 | 0.0949 | get 0.0119% / 1h | 38m 16s | $407K | $1.5M | 10x |
Kraken Futures PF_NEARUSD
Pacifica NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Kraken Futures. 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
- $195.79
- Price spread: +0.320% → −0.005%
- $32.47
- Slippage, 4 orders
- −$41.37
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $168.89
- Costs to cover
- 0.594%
- Break-even
- 1.0 days
Slippage from Kraken Futures: live order book, 6 min ago; Pacifica: live order book, 6 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 Kraken Futures live order book, 6 min ago | 6.14 bp | 11.8 bp −$12 | 13.5 bp −$135 | 40.3 bp −$4,033 | 5009.0 bp −$2.50M |
| Sell Pacifica live order book, 6 min ago | 3.24 bp | 15.4 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 | 4.3165 | +0.177% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3201 | +0.261% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3149 | +0.139% | $162K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSDlong | +0.0017% | 1h | 4.3089 | long leg | $7.1M | $38.3M | 50x | |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.896% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3180 | +0.212% | $110K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3096 | +0.017% | $217.5M | $430.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3110 | +0.049% | $60.7M | $290.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3160 | +0.165% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3097 | +0.019% | $35.1M | $62.3M | 75x | 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_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3110 | +0.049% | $52.2M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3100 | +0.026% | $71.4M | $128.1M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3337 | +0.575% | $8.6M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3338 | +0.578% | $251K | $898K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3340 | +0.583% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3330 | +0.560% | $165K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3190 | +0.235% | $282K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3170 | +0.188% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3230 | +0.328% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3125 | +0.084% | $5K | $53K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3120 | +0.072% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3228 | +0.322% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3135 | +0.106% | $3.6M | $17.3M | 25x | as long as short |
| HTX NEAR-USDT | +0.0119% | 8h | 4.3290 | +0.467% | $462K | $3.8M | 75x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3152 | +0.147% | $201K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0188% | 8h | 4.3194 | +0.244% | $938K | $25.2M | 2.2x | as long as short |
| BingX NEAR-USDT | +0.0198% | 8h | 4.3110 | +0.049% | — | $145.0M | — | as long as short |
| MEXC NEAR_USDT | +0.0199% | 8h | 4.3130 | +0.095% | $83.1M | $150.5M | 200x | as long as short |
| Binance NEARUSDT | +0.0199% | 8h | 4.3113 | +0.056% | $261.8M | $1.09B | 75x | as long as short |
| Aster NEARUSDT | +0.0202% | 8h | 4.3113 | +0.056% | $2.7M | $4.8M | 50x | as long as short |
| Hyperliquid NEAR | +0.0244% | 1h | 4.3136 | +0.109% | $348.3M | $315.0M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0280% | 1h | 4.3200 | +0.258% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0315% / S −0.0203% | 1h | 4.3149 | +0.140% | $232K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0319% | 8h | 4.3200 | +0.258% | $13.3M | $31.8M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0395% | 1h | 4.3140 | +0.119% | $1.2M | $7.0M | 20x | as long as short |
| Nado NEAR-PERP | +0.0470% | 1h | 4.3173 | +0.196% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3265 | +0.409% | $2.3M | $16.8M | 50x | as long as short |
| Lighter RH NEAR | +0.0536% | 1h | 4.3160 | +0.165% | $1.5M | $6.6M | 10x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3220 | +0.304% | $225K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0654% | 1h | 4.3196 | +0.249% | $1.9M | $13.2M | 25x | as long as short |
| Lighter NEAR | +0.0760% | 1h | 4.3156 | +0.155% | $17.0M | $25.1M | 15x | as long as short |
| Pacifica NEARshort | +0.0949% | 1h | 4.3227 | +0.320% | $407K | $1.5M | 10x | |
| Phoenix NEAR | +0.0949% | 1h | 4.3384 | +0.685% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3210 | +0.282% | $605K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1251% | 1h | 4.3268 | +0.416% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
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
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
HTX NEAR-USDT
Aevo NEAR-PERP
Kalshi KXNEARPERP
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
Aster NEARUSDT
Hyperliquid NEAR
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD