Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.5072 | +0.0092 | pay 0.0012% / 1h | 44m 38s | $439K | $1.4M | 10x | Long Pacifica10% back | |
| SHORT | 5.5049 | 0 | 0.0000% / 43m | 33m 38s | $2K | $154K | 3x | Short Perpl |
Price gap−0.041%
Funding gap−0.0092% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.026% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0092% /8h now · paid −0.022% over the last 19 hours (all we have)
Price−$3spread −0.041% now, avg −0.015% → −0.026% if it goes back
Costsno datano order book for Perpl
Result, before costs−$5−0.05%+ Points / potential airdropPacifica: points · Perpl: points · farm boardcosts unknown: no order book for Perpl · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.041%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNEAR on 46 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for Perpl: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $3,333Pacifica 10x, Perpl 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 43mPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.77Long Pacifica: 24 payments, −$2.77; short Perpl: 33 payments, $0.00.
- Watch: Gap narrower than usual−0.041% vs −0.015%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$2K vs $439K OIPerpl sets your exit cost. Check its book before closing.
- OK: Points on a legPacifica points · Perpl pointsVolume here counts toward the points program.
- OK: No KYC on either legPacifica No · Perpl NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0092%/8h × 21 periods−$19.36
Price spread−0.041% → −0.015% (7d avg)−$2.59
Slippage, 4 ordersno data for Perpl—
Fee Pacifica bp × 2 orders−$8.00
Fee Perpl bp × 2 orders−$6.90
Net, fees only · 7 days · $10k−$36.84
Costs to cover0.149%Break-evennever at this rate
Slippage: Pacifica: live order book, 5 min ago; Perpl: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPacifica2.829.6 bp−$1037.8 bp−$378doesn’t fitdoesn’t fit
SELL · SHORTPerpl—————
Closing costs about the same again.
Perpl: no data.
| 09-30 18:57 | OKX | Other | Another X Drops Club just dropped in Europe. Trade the featured tokens like SOL, ZEC, NEAR, ENA, SUI, ONDO, CT, HBAR, AVAX, and XLM for a share of 1.5M , with CT trades boosted 3×. Make this round count. @okx on X ↗ |
| 09-30 17:06 | Perpl | Listing | new market NEAR ($NEAR) seen by our collector |
| 09-30 16:28 | Perpl | Listing | You can now trade $NEAR with up to 3x leverage @perpltrade on X ↗ |
| 09-30 02:45 | MEXC | Other | Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗ |
| 09-30 01:05 | Reya | Listing | NEARRUSDPERP no longer reported ($NEAR) seen by our collector |
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |

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