Funding you earn now, next payment 11:00 UTC−0.0751%/8h= −82.3% APRpaid last 24h −0.045%
Price spread now: Binance against Pacifica−0.303%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 7 days+0.321%+$32 · spread now −0.303%, 7d avg −0.009%
=Together, before fees+0.219%+ Points / potential airdropPacifica: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Binance is 0.294% cheaper against Pacifica than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.102% in total (about -5.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NEAR | 4.5087 | 0.0851 | pay 0.0106% / 1h | 58m 06s | $424K | $1.4M | 10x |
| Short | Binance NEARUSDT | 4.4950 | 0.0100 | get 0.0100% / 8h | 5h 58m | $273.2M | $1.09B | 75x |
Pacifica NEAR
Binance NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Pacifica. 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
- −$157.77
- Price spread: −0.303% → −0.009%
- −$29.35
- Slippage, 4 orders
- −$26.38
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$231.5
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 4 min ago; Binance: live order book, 9 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 Pacifica live order book, 4 min ago | 2.33 bp | 13.8 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.11 bp | 8.0 bp −$8 | 14.1 bp −$141 | 33.6 bp −$3,356 | 114.2 bp −$57.1K |
NEAR on 45 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0235% | 1h | 4.4916 | −0.378% | $7.4M | $37.1M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.5014 | −0.162% | $2K | — | 20x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4933 | −0.341% | $810K | $26.1M | 2.2x | as long as short |
| dYdX NEAR-USD | +0.0002% | 1h | 4.5120 | +0.073% | $111K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4978 | −0.242% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.155% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5030 | −0.126% | $124K | $508K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4953 | −0.297% | $2.6M | $4.7M | 50x | as long as short |
| Binance NEARUSDTshort | +0.0100% | 8h | 4.4950 | −0.303% | $273.2M | $1.09B | 75x | |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4949 | −0.305% | $232.5M | $429.2M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
Kalshi KXNEARPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Bybit NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4940 | −0.325% | $64.3M | $300.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5100 | +0.030% | $269K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4937 | −0.332% | $39.8M | $61.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4960 | −0.281% | $76.7M | $166.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4950 | −0.303% | $53.3M | $44.3M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4922 | −0.365% | $74.5M | $127.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4950 | −0.303% | — | $77.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5024 | −0.138% | $8.9M | $17.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5026 | −0.135% | $266K | $871K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5020 | −0.148% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5030 | −0.126% | $168K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5048 | −0.086% | $282K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4969 | −0.261% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5100 | +0.030% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4940 | −0.325% | $5K | $40K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5010 | −0.170% | $467K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4930 | −0.348% | $3.4M | $7.9M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.5033 | −0.118% | $33K | $51 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4920 | −0.369% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4930 | −0.348% | $209K | $38K | 3x | as long as short |
| Nado NEAR-PERP | +0.0183% | 1h | 4.5028 | −0.131% | $1.7M | $3.1M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5110 | +0.052% | $12.9M | $32.9M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0304% | 1h | 4.5082 | −0.010% | $13K | $5K | 10x | as long as short |
| Lighter NEAR | +0.0320% | 1h | 4.4984 | −0.228% | $17.6M | $23.2M | 15x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0342% / S −0.0235% | 1h | 4.5083 | −0.009% | $259K | — | 100x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.5090 | +0.007% | $228K | $1.4M | 10x | as long as short |
| Lighter RH NEAR | +0.0392% | 1h | 4.4996 | −0.201% | $1.6M | $5.7M | 10x | as long as short |
| Hyperliquid NEAR | +0.0419% | 1h | 4.4994 | −0.206% | $362.9M | $318.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.5049 | −0.084% | $639K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.5111 | +0.054% | $2.3M | $17.8M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0618% | 1h | 4.4969 | −0.261% | $1.9M | $13.0M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0650% | 1h | 4.4975 | −0.248% | $1.1M | $7.0M | 20x | as long as short |
| Phoenix NEAR | +0.0851% | 1h | 4.5120 | +0.074% | $1.7M | $2.4M | 10x | as long as short |
| Pacifica NEARlong | +0.0851% | 1h | 4.5087 | long leg | $424K | $1.4M | 10x | |
| Aftermath Perps NEARUSD | +0.1188% | 1h | 4.5068 | −0.042% | $6K | $6K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Nado NEAR-PERP
BloFin NEAR-USDT
01 Exchange NEARUSD
Lighter NEAR
GMX NEAR/USD [ETH-USDC]
Arcus NEAR-USD
Lighter RH NEAR
Hyperliquid NEAR
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Phoenix NEAR
Aftermath Perps NEARUSD