Funding you earn now, next payment 06:00 UTC+0.0747%/8h= +81.8% APRnext payment +$0.93 per $10,000 · paid last 24h +0.008%
Price spread now: Pacifica against Polymarket Perps−0.162%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$330.334% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days+0.151%+$15 · spread now −0.162%, 7d avg −0.007%
=Together, before fees+0.213%+ Points / potential airdropPacifica: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.155% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of −0.007%). If the spread goes back, that is −$15 on $10k: about 17 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.062% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.93 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 | Polymarket Perps NEAR-USD | 4.3409 | 0.0100 | pay 0.0013% / 1h | 20m 12s | $266K | $3.9M | 10x |
| Short | Pacifica NEAR | 4.3339 | 0.0847 | get 0.0106% / 1h | 20m 12s | $397K | $1.3M | 10x |
Polymarket Perps NEAR-USD
Pacifica NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Polymarket Perps. 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
- $156.81
- Price spread: −0.162% → −0.007%
- −$15.49
- Slippage, 4 orders
- −$17.41
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $107.91
- Costs to cover
- 0.334%
- Break-even
- 2.2 days
Slippage from Polymarket Perps: live order book, 4 min ago; Pacifica: 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 Polymarket Perps live order book, 4 min ago | 0.12 bp | 9.9 bp −$10 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 4 min ago | 0.12 bp | 13.8 bp −$14 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3394 | −0.034% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3282 | −0.292% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3389 | −0.047% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.605% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3390 | −0.044% | $114K | $497K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3424 | +0.035% | $216.9M | $420.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3440 | +0.071% | $61.1M | $288.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3050 | −0.827% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3393 | −0.037% | $32.9M | $60.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3460 | +0.117% | $78.0M | $144.9M | 200x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3460 | +0.117% | $52.5M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3421 | +0.028% | $71.8M | $127.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3420 | +0.025% | — | $143.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3197 | −0.487% | $8.4M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3029 | −0.876% | $259K | $956K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3062 | −0.799% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USDlong | +0.0100% | 1h | 4.3409 | long leg | $266K | $3.9M | 10x | |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3454 | +0.104% | $57K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3510 | +0.233% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3550 | +0.325% | $469K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3460 | +0.117% | $3.6M | $8.3M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3480 | +0.164% | $266.1M | $1.08B | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3391 | −0.042% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3456 | +0.108% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3270 | −0.320% | $13.4M | $31.7M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3480 | +0.164% | $2.3M | $16.2M | 50x | as long as short |
| Kalshi KXNEARPERP | +0.0298% | 8h | 4.3399 | −0.023% | $941K | $24.6M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0312% / S −0.0201% | 1h | 4.3384 | −0.059% | $232K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0335% | 8h | 4.3460 | +0.117% | $2.8M | $5.3M | 50x | as long as short |
| ApeX Omni NEARUSDT | +0.0346% | 1h | 4.3030 | −0.873% | $165K | $795K | 50x | as long as short |
| Nado NEAR-PERP | +0.0385% | 1h | 4.3395 | −0.032% | $1.7M | $3.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0520% | 1h | 4.3406 | −0.007% | $3.7M | $19.6M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0580% | 1h | 4.3425 | +0.037% | $6K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0661% | 1h | 4.3450 | +0.094% | $355.9M | $309.4M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0680% | 1h | 4.3299 | −0.253% | $1.3M | $6.6M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0728% | 1h | 4.3421 | +0.027% | $7.4M | $38.9M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0744% | 1h | 4.3453 | +0.101% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3440 | +0.071% | $225K | $1.6M | 10x | as long as short |
| Pacifica NEARshort | +0.0847% | 1h | 4.3339 | −0.162% | $397K | $1.3M | 10x | |
| Lighter NEAR | +0.0928% | 1h | 4.3497 | +0.203% | $17.0M | $25.1M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3267 | −0.327% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1112% | 1h | 4.3515 | +0.244% | $1.5M | $7.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3436 | +0.063% | $693K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1340% | 1h | 4.3060 | −0.805% | $5K | $12K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1501% | 1h | 4.3475 | +0.152% | $1.9M | $11.2M | 25x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Binance NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
ApeX Omni NEARUSDT
Nado NEAR-PERP
Extended NEAR-USD
SoDEX NEAR-USD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Arcus NEAR-USD
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL