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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0120%/8h= −13.1% APRnext payment $0.15 per $10,000 · paid last 24h +0.094%
Price spread now: Kraken Futures against Pacifica0.000%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$520.516% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.139%+$14 on $10k
Price spread, last 4 days (all we have)+0.025%+$2 · spread now 0.000%, 7d avg −0.001%
Together, before fees+0.164%+ Points / potential airdropPacifica: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.139%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.34920.0847pay 0.0106% / 1h12m 42s$398K$1.3M10x
ShortKraken Futures PF_NEARUSD4.34920.0727get 0.0091% / 1h12m 42s$7.3M$39.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
−$25.12
Price spread: 0.000% → −0.001%
$0.15
Slippage, 4 orders
−$33.62
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$76.58
Costs to cover
0.516%
Break-even
never at this rate
Slippage from Pacifica: live order book, 1 min ago; Kraken Futures: 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 Pacifica live order book, 1 min ago3.09 bp8.4 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 1 min ago7.11 bp15.0 bp −$1521.1 bp −$21147.8 bp −$4,778doesn'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%1h4.3530+0.089%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3467−0.057%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3490−0.004%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.787%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3600+0.249%$115K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3475−0.039%$217.6M$420.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3500+0.019%$61.4M$289.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3050−1.016%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3449−0.098%$33.0M$60.5M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3500+0.019%$52.5M$46.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3476−0.036%$71.8M$126.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.3478−0.032%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3566+0.171%$254K$967K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3591+0.229%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3617+0.288%$279K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3542+0.115%$57K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3670+0.410%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3700+0.479%$471K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3510+0.042%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3457−0.080%$31K$60810xas long as short
BingX NEAR-USDC+0.0105%8h4.3470−0.050%$6.6Mas long as short
Aevo NEAR-PERP+0.0112%1h4.3550+0.134%$202K$37K3xas long as short
MEXC NEAR_USDT+0.0119%8h4.3590+0.226%$82.7M$145.7M200xas long as short
Binance NEARUSDT+0.0123%8h4.3493+0.003%$264.7M$1.09B75xas long as short
BloFin NEAR-USDT+0.0239%8h4.3520+0.065%$13.3M$31.9M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3556+0.148%$2.3M$16.2M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0312% / S −0.0201%1h4.3488−0.009%$233K100xas long as short
Kalshi KXNEARPERP+0.0312%8h4.3577+0.196%$994K$24.7M2.2xas long as short
Aster NEARUSDT+0.0336%8h4.3500+0.019%$2.8M$5.2M50xas long as short
Nado NEAR-PERP+0.0394%1h4.3540+0.110%$1.7M$3.2M10xas long as short
ApeX Omni NEARUSDT+0.0435%1h4.3520+0.065%$167K$795K50xas long as short
Extended NEAR-USD+0.0504%1h4.3445−0.107%$3.7M$19.4M25xas long as short
SoDEX NEAR-USD+0.0543%1h4.3505+0.030%$5K$52K10xas long as short
Hyperliquid NEAR+0.0654%1h4.3526+0.079%$357.5M$311.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0688%1h4.3534+0.097%$1.3M$6.6M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0693%1h4.3535+0.099%$1.9M$11.7M25xas long as short
Kraken Futures PF_NEARUSDshort+0.0727%1h4.34920.000%$7.3M$39.1M50x
01 Exchange NEARUSD+0.0736%1h4.3659+0.384%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.3610+0.272%$226K$1.6M10xas long as short
Pacifica NEARlong+0.0847%1h4.3492long leg$398K$1.3M10x
Lighter NEAR+0.0920%1h4.3541+0.114%$17.1M$25.2M15xas long as short
Phoenix NEAR+0.1033%1h4.3660+0.387%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1112%1h4.3540+0.111%$1.5M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.3602+0.254%$691K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1317%1h4.3417−0.173%$5K$12K10xas long as short