Funding you earn now, next payment 09:00 UTC−0.0385%/8h= −42.1% APRnext payment −$0.48 per $10,000 · paid last 24h +0.062%
Price spread now: Nado against Pacifica−0.046%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 4 days (all we have)+0.080%+$8 on $10k
+Price spread, last 7 days+0.203%+$20 · spread now −0.046%, 7d avg +0.020%
=Together, before fees+0.283%+ Points / potential airdropPacifica: Active · Nado: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Nado is 0.066% cheaper against Pacifica than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.020%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.080%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.080% in total (about 8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.48 per $10,000. 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 | 4.3595 | 0.0701 | pay 0.0088% / 1h | 55m 52s | $411K | $1.4M | 10x |
| Short | Nado NEAR-PERP | 4.3575 | 0.0317 | get 0.0040% / 1h | 55m 52s | $1.7M | $3.2M | 10x |
Pacifica NEAR
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$80.75
- Price spread: −0.046% → +0.020%
- −$6.6
- Slippage, 4 orders
- −$27.85
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$130.2
- Costs to cover
- 0.429%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 3 min ago; Nado: live order book, 3 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, 3 min ago | 1.94 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 1.95 bp | 8.3 bp −$8 | 19.8 bp −$198 | doesn't fit | doesn't fit |
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 | −0.0433% | 1h | 4.3576 | −0.043% | $7.2M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3560 | −0.080% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3543 | −0.118% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3589 | −0.013% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.012% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3610 | +0.035% | $115K | $500K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3554 | −0.095% | $2.7M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3515 | −0.183% | $219.5M | $429.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3510 | −0.195% | $61.4M | $295.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3640 | +0.103% | $228K | $1.5M | 10x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk NEAR-USD | +0.0100% | 1h | 4.3688 | +0.213% | $252K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3528 | −0.153% | $36.0M | $61.6M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3540 | −0.126% | $52.7M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3519 | −0.174% | $71.9M | $127.6M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3578 | −0.039% | $8.9M | $18.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3729 | +0.307% | $253K | $892K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3710 | +0.264% | $167K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3607 | +0.028% | $272K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3630 | +0.080% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3650 | +0.126% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3585 | −0.023% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3570 | −0.057% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3578 | −0.040% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3503 | −0.210% | $3.6M | $16.2M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3599 | +0.009% | $203K | $40K | 3x | as long as short |
| Binance NEARUSDT | +0.0136% | 8h | 4.3537 | −0.133% | $262.7M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0138% | 8h | 4.3540 | −0.126% | $90.0M | $152.7M | 200x | as long as short |
| BingX NEAR-USDT | +0.0144% | 8h | 4.3520 | −0.172% | — | $83.0M | — | as long as short |
| Kalshi KXNEARPERP | +0.0161% | 8h | 4.3603 | +0.019% | $911K | $25.1M | 2.2x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0250% | 8h | 4.3771 | +0.405% | $1.4M | $1.6M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0258% | 8h | 4.3640 | +0.103% | $13.2M | $32.2M | 75x | as long as short |
| Hyperliquid NEAR | +0.0296% | 1h | 4.3572 | −0.053% | $351.4M | $317.3M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0312% | 1h | 4.3643 | +0.110% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERPshort | +0.0317% | 1h | 4.3575 | −0.046% | $1.7M | $3.2M | 10x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0344% / S −0.0245% | 1h | 4.3584 | −0.026% | $254K | — | 100x | as long as short |
| HTX NEAR-USDT | +0.0355% | 8h | 4.3690 | +0.218% | $462K | $3.8M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3594 | −0.002% | $2.3M | $17.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0552% | 1h | 4.3608 | +0.030% | $1.5M | $6.4M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0555% | 1h | 4.3574 | −0.048% | $1.1M | $7.2M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3623 | +0.064% | $596K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0664% | 1h | 4.3610 | +0.036% | $17.2M | $23.7M | 15x | as long as short |
| Pacifica NEARlong | +0.0701% | 1h | 4.3595 | long leg | $411K | $1.4M | 10x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0759% | 1h | 4.3632 | +0.085% | $1.9M | $13.1M | 25x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3666 | +0.163% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1091% | 1h | 4.3641 | +0.106% | $5K | $7K | 10x | as long as short |
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Binance NEARUSDT
MEXC NEAR_USDT
BingX NEAR-USDT
Kalshi KXNEARPERP
GRVT NEAR_USDT_Perp
BloFin NEAR-USDT
Hyperliquid NEAR
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Lighter NEAR
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Aftermath Perps NEARUSD