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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.1054%/8h= +115.4% APRnext payment +$1.32 per $10,000 · paid last 24h +0.130%
Price spread now: Pacifica against Reya+0.124%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Pacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Pacifica is 0.124% dearer against Reya than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.5116−0.0171get 0.0021% / 1h19m 49s$2K20x
ShortPacifica NEAR4.51710.0883get 0.0110% / 1h19m 49s$419K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Reya. 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
$221.37
Price spread: +0.124% → 0.000%
$12.36
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$219.72
Costs to cover
0.140%
Break-even
0.1 days
Slippage unknown: Reya: no order-book sample; Pacifica: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Pacifica live order book, 2 min ago4.40 bp15.8 bp −$16doesn't fitdoesn't fitdoesn't fit
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEAR on 45 exchanges

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 NEARRUSDPERPlong−0.0171%1h4.5116long leg$2K20x
Kraken Futures PF_NEARUSD−0.0140%1h4.5087−0.063%$7.4M$38.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.5121+0.011%$111K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5247+0.291%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.213%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5160+0.099%$124K$524K50xas long as short
Aster NEARUSDT+0.0100%8h4.5149+0.074%$2.7M$4.8M50xas long as short
Binance NEARUSDT+0.0100%8h4.5168+0.116%$274.8M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5169+0.119%$235.4M$433.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.5150+0.076%$64.4M$310.5M50xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.5190+0.165%$233K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5400+0.631%$271K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5134+0.041%$39.8M$63.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5170+0.121%$78.6M$171.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5130+0.032%$53.5M$45.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5129+0.030%$74.8M$130.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.5140+0.054%$79.1Mas long as short
Variational Omni NEAR+0.0100%8h4.5256+0.311%$9.5M$17.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.5367+0.558%$268K$868K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5423+0.682%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5340+0.498%$169K$827K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5153+0.083%$284K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5105−0.023%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5230+0.254%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5115−0.001%$5K$42K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5170+0.121%$470K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.5110−0.012%$3.4M$8.0M50xas long as short
Paradex NEAR-USD-PERP+0.0103%8h4.5166+0.111%$33K$5110xas long as short
Extended NEAR-USD+0.0104%1h4.5116+0.002%$3.8M$15.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5096−0.044%$210K$38K3xas long as short
Kalshi KXNEARPERP+0.0111%8h4.5186+0.156%$829K$26.3M2.2xas long as short
01 Exchange NEARUSD+0.0152%1h4.5167+0.114%$13K$5K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.5260+0.320%$13.0M$33.1M75xas long as short
Hyperliquid NEAR+0.0283%1h4.5143+0.061%$364.4M$323.7M10xas long as short
Lighter NEAR+0.0320%1h4.5160+0.098%$17.6M$23.8M15xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0342% / S −0.0235%1h4.5143+0.060%$260K100xas long as short
Nado NEAR-PERP+0.0431%1h4.5140+0.054%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0520%1h4.5198+0.183%$2.3M$17.8M50xas long as short
RISEx NEAR/USDC+0.0569%1h4.5175+0.131%$641K$1.6M10xas long as short
Lighter RH NEAR+0.0600%1h4.5174+0.130%$1.6M$6.1M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0704%1h4.5132+0.037%$1.9M$13.1M25xas long as short
Backpack NEAR_USDC_PERP+0.0728%1h4.5132+0.037%$1.1M$7.0M20xas long as short
Phoenix NEAR+0.0851%1h4.5330+0.475%$1.7M$2.5M10xas long as short
Pacifica NEARshort+0.0883%1h4.5171+0.124%$419K$1.4M10x
Aftermath Perps NEARUSD+0.1163%1h4.5302+0.414%$6K$7K10xas long as short