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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Pacifica against KuCoin−0.154%46s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$570.570% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 7 days+0.120%+$12 · spread now −0.154%, 7d avg −0.001%
Together, before fees+0.187%+ Points / potential airdropPacifica: Active · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.153% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.001%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NEARUSDTM4.42000.0100pay 0.0100% / 8h4h 22m$54.9M$46.1M75x
ShortPacifica NEAR4.41320.0100get 0.0013% / 1h22m 51s$422K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against KuCoin. 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
$0
Price spread: −0.154% → −0.001%
−$15.3
Slippage, 4 orders
−$36.97
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$72.26
Costs to cover
0.570%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Pacifica: live order book, 1 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 KuCoin live order book, 6 min ago3.42 bp21.5 bp −$2143.9 bp −$439115.7 bp −$11.6Kdoesn't fit
Sell Pacifica live order book, 1 min ago0.68 bp15.4 bp −$15doesn'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%1h4.4207+0.017%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4046−0.348%$2.3M$15.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.4092−0.245%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4147−0.120%$589K$22.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4184−0.035%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.312%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4190−0.023%$113K$518K50xas long as short
Pacifica NEARshort+0.0100%1h4.4132−0.154%$422K$1.2M10x
Binance NEARUSDT+0.0100%8h4.4180−0.045%$271.3M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4130−0.158%$221.8M$424.2M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4140−0.136%$62.8M$299.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4098−0.230%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4167−0.075%$32.0M$63.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4190−0.023%$74.5M$149.7M200xas long as short
KuCoin NEARUSDTMlong+0.0100%8h4.4200long leg$54.9M$46.1M75x
Bitget NEARUSDT+0.0100%8h4.4138−0.140%$72.5M$130.4M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4160−0.090%$147.3Mas long as short
Variational Omni NEAR+0.0100%8h4.3777−0.957%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4030−0.384%$264K$977K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3860−0.769%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4050−0.339%$169K$802K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4241+0.093%$233K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4189−0.025%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4280+0.181%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4185−0.034%$8K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4290+0.204%$459K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4220+0.045%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4140−0.135%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4215+0.034%$206K$40K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.4260+0.136%$13.9M$32.9M75xas long as short
Hyperliquid NEAR+0.0286%1h4.4207+0.016%$364.6M$324.5M10xas long as short
Backpack NEAR_USDC_PERP+0.0288%1h4.4222+0.050%$1.3M$6.5M20xas long as short
Aster NEARUSDT+0.0299%8h4.42000.000%$3.0M$5.5M50xas long as short
01 Exchange NEARUSD+0.0312%1h4.4245+0.102%$13K$7K10xas long as short
Extended NEAR-USD+0.0320%1h4.4139−0.137%$3.9M$19.7M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0190%1h4.4192−0.018%$234K100xas long as short
Nado NEAR-PERP+0.0527%1h4.4166−0.076%$1.9M$3.1M10xas long as short
Lighter RH NEAR+0.0576%1h4.4246+0.104%$1.5M$7.2M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4230+0.068%$219K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0587%1h4.4220+0.044%$8.1M$39.7M50xas long as short
Phoenix NEAR+0.0794%1h4.4201+0.002%$1.8M$2.8M10xas long as short
Lighter NEAR+0.0904%1h4.4236+0.082%$17.8M$26.5M15xas long as short
RISEx NEAR/USDC+0.0926%1h4.4221+0.047%$587K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1108%1h4.4228+0.063%$2.0M$7.3M25xas long as short
Aftermath Perps NEARUSD+0.1507%1h4.4076−0.282%$5K$12K10xas long as short