NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.032%

Price spread now: dYdX against Pacifica−0.052%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1261.260% of the position

Long on Pacifica Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.235%−$24 on $10k

Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.052%, 7d avg −0.044%

Together, before fees−0.277%+ Points / potential airdropPacifica: Active · farm board−$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NEAR	4.3943	0.0100	pay 0.0013% / 1h	37m 02s	$415K	$1.2M	10x
Short	dYdX NEAR-USD	4.3921	0	get 0.0000% / 1h	37m 02s	$108K	$70K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee dYdXbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$21
Price spread: −0.052% → −0.044%: −$0.77
Slippage, 4 orders: −$107.98
Fee Pacifica: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$147.74
Costs to cover: 1.260%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; dYdX: live order book, 27 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, 2 min ago	5.12 bp	13.7 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell dYdX live order book, 27 min ago	37.73 bp	50.7 bp −$51	86.1 bp −$861	114.4 bp −$11.4K	160.7 bp −$80.4K

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	4.3941	−0.006%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.4050	+0.243%	$2.2M	$14.3M	50x	as long as short
dYdX NEAR-USDshort	0.0000%	1h	4.3921	−0.052%	$108K	$70K	10x
Kalshi KXNEARPERP	0.0000%	8h	4.4034	+0.206%	$612K	$19.4M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3958	+0.033%	$199K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.765%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3980	+0.083%	$115K	$488K	50x	as long as short
Pacifica NEARlong	+0.0100%	1h	4.3943	long leg	$415K	$1.2M	10x
Binance NEARUSDT	+0.0100%	8h	4.4113	+0.387%	$267.4M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4090	+0.334%	$222.5M	$417.7M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4070	+0.288%	$62.9M	$291.4M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3650	−0.668%	$249K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4087	+0.327%	$31.7M	$62.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4120	+0.402%	$76.2M	$141.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4110	+0.379%	$55.6M	$44.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4095	+0.345%	$72.6M	$126.3M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4080	+0.311%	—	$144.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4286	+0.780%	$8.6M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4253	+0.704%	$265K	$986K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3800	−0.326%	$1.5M	$1.4M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3991	+0.108%	$236K	$3.6M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3957	+0.031%	$60K	$195K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4030	+0.197%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4047	+0.236%	$5K	$50K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4160	+0.493%	$456K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4100	+0.356%	$3.9M	$8.1M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3956	+0.029%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4088	+0.330%	$3.8M	$18.6M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3980	+0.083%	$205K	$34K	3x	as long as short
ApeX Omni NEARUSDT	+0.0198%	1h	4.3790	−0.349%	$199K	$779K	50x	as long as short
Aster NEARUSDT	+0.0214%	8h	4.4015	+0.162%	$3.0M	$5.5M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4110	+0.379%	$13.6M	$31.2M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0350% / S −0.0245%	1h	4.3950	+0.015%	$258K	—	100x	as long as short
01 Exchange NEARUSD	+0.0408%	1h	4.3983	+0.090%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.3990	+0.106%	$209K	$1.7M	10x	as long as short
Nado NEAR-PERP	+0.0420%	1h	4.3938	−0.011%	$1.9M	$3.1M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0614%	1h	4.4004	+0.138%	$1.9M	$4.4M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0668%	1h	4.4127	+0.418%	$1.4M	$6.6M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0699%	1h	4.4076	+0.301%	$8.2M	$41.0M	50x	as long as short
Hyperliquid NEAR	+0.0795%	1h	4.4158	+0.488%	$371.7M	$303.8M	10x	as long as short
Lighter RH NEAR	+0.0800%	1h	4.4133	+0.431%	$1.6M	$6.9M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.4223	+0.636%	$1.8M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.3986	+0.097%	$558K	$1.3M	10x	as long as short
Lighter NEAR	+0.1448%	1h	4.4132	+0.428%	$17.7M	$25.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.1747%	1h	4.3985	+0.094%	$6K	$12K	10x	as long as short