Funding you earn now, next payment 09:00 UTC−0.0575%/8h= −63.0% APRpaid last 24h −0.037%
Price spread now: MEXC against Pacifica−0.125%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 7 days+0.146%+$15 · spread now −0.125%, 7d avg −0.019%
=Together, before fees+0.052%+ Points / potential airdropPacifica: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and MEXC is 0.106% cheaper against Pacifica than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.094% in total (about -4.9% a year). A funding rate is set anew for every payment. 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 | Pacifica NEAR | 4.3574 | 0.0701 | pay 0.0088% / 1h | 49m 59s | $411K | $1.4M | 10x |
| Short | MEXC NEAR_USDT | 4.3520 | 0.0126 | get 0.0126% / 8h | 7h 49m | $90.0M | $153.1M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$120.84
- Price spread: −0.125% → −0.019%
- −$10.61
- Slippage, 4 orders
- −$35.87
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$175.32
- Costs to cover
- 0.439%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 4 min ago; MEXC: live order book, 4 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 | 3.89 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.15 bp | 3.2 bp −$3 | 10.4 bp −$104 | 21.4 bp −$2,139 | 69.8 bp −$34.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0434% | 1h | 4.3517 | −0.133% | $7.2M | $38.6M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3505 | −0.159% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3573 | −0.004% | $107K | $67K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3694 | +0.275% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.967% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3580 | +0.013% | $118K | $503K | 50x | as long as short |
| Hyperliquid NEAR | +0.0100% | 1h | 4.3541 | −0.077% | $350.8M | $316.7M | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3538 | −0.085% | $2.7M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3521 | −0.123% | $219.6M | $428.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3530 | −0.102% | $61.4M | $295.6M | 50x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.3600 | +0.059% | $228K | $1.5M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3688 | +0.260% | $252K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3510 | −0.148% | $36.1M | $61.7M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3520 | −0.125% | $52.7M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3517 | −0.132% | $71.9M | $127.6M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3688 | +0.260% | $9.0M | $18.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3651 | +0.176% | $253K | $894K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3670 | +0.220% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3660 | +0.196% | $166K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3556 | −0.042% | $272K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3536 | −0.088% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3640 | +0.151% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3520 | −0.125% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3520 | −0.125% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3560 | −0.034% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3514 | −0.139% | $3.6M | $16.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3525 | −0.113% | $202K | $40K | 3x | as long as short |
| MEXC NEAR_USDTshort | +0.0126% | 8h | 4.3520 | −0.125% | $90.0M | $153.1M | 200x | |
| Binance NEARUSDT | +0.0126% | 8h | 4.3539 | −0.081% | $262.7M | $1.09B | 75x | as long as short |
| BingX NEAR-USDC | +0.0144% | 8h | 4.3520 | −0.125% | — | $6.7M | — | as long as short |
| Kalshi KXNEARPERP | +0.0155% | 8h | 4.3577 | +0.006% | $922K | $25.1M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0246% | 8h | 4.3710 | +0.311% | $12.5M | $32.2M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0264% | 1h | 4.3606 | +0.073% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0332% | 1h | 4.3521 | −0.121% | $1.6M | $3.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0346% / S −0.0248% | 1h | 4.3520 | −0.126% | $254K | — | 100x | as long as short |
| HTX NEAR-USDT | +0.0382% | 8h | 4.3640 | +0.151% | $461K | $3.8M | 75x | as long as short |
| Lighter RH NEAR | +0.0392% | 1h | 4.3586 | +0.027% | $1.5M | $6.4M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3690 | +0.265% | $2.3M | $17.0M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0541% | 1h | 4.3544 | −0.070% | $1.1M | $7.2M | 20x | as long as short |
| Lighter NEAR | +0.0544% | 1h | 4.3589 | +0.034% | $17.2M | $23.8M | 15x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0554% | 1h | 4.3556 | −0.042% | $1.9M | $13.1M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3588 | +0.031% | $591K | $1.5M | 10x | as long as short |
| Pacifica NEARlong | +0.0701% | 1h | 4.3574 | long leg | $411K | $1.4M | 10x | |
| Phoenix NEAR | +0.0740% | 1h | 4.3750 | +0.403% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1113% | 1h | 4.3636 | +0.141% | $5K | $7K | 10x | as long as short |
Pacifica NEAR
MEXC NEAR_USDT
Kraken Futures PF_NEARUSD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Hyperliquid NEAR
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Binance NEARUSDT
BingX NEAR-USDC
Kalshi KXNEARPERP
BloFin NEAR-USDT
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
Lighter RH NEAR
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Lighter NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Phoenix NEAR
Aftermath Perps NEARUSD