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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0829%/8h= +90.8% APRnext payment +$1.04 per $10,000 · paid last 24h +0.029%
Price spread now: Pacifica against Aevo+0.159%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$770.770% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.159%, 7d avg +0.017%
Together, before fees−0.023%+ Points / potential airdropPacifica: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Pacifica is 0.142% dearer against Aevo than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.017%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo NEAR-PERP4.34000.0120pay 0.0015% / 1h11m 35s$202K$38K3x
ShortPacifica NEAR4.34690.0949get 0.0119% / 1h11m 35s$409K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Aevo. 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
$174.1
Price spread: +0.159% → +0.017%
$14.21
Slippage, 4 orders
−$53
Fee Aevo: 8 bp × 2 orders
−$16
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$111.31
Costs to cover
0.770%
Break-even
2.5 days
Slippage from Aevo: live order book, 27 min ago; Pacifica: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 27 min ago10.41 bp24.5 bp −$25113.7 bp −$1,137doesn't fitdoesn't fit
Sell Pacifica live order book, 2 min ago1.83 bp13.4 bp −$13doesn't fitdoesn't fitdoesn't fit

NEAR on 45 venues

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 NEARRUSDPERP−0.0171%1h4.3429+0.065%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3460+0.137%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3411+0.024%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3368−0.075%$7.1M$38.4M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.586%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3440+0.092%$112K$499K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3420+0.046%$219.2M$428.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3430+0.069%$60.9M$294.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3601+0.462%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3427+0.062%$35.6M$62.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3480+0.184%$52.7M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3428+0.064%$71.8M$127.9M75xas long as short
Variational Omni NEAR+0.0100%8h4.3658+0.594%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3647+0.568%$253K$902K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3469+0.157%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3540+0.322%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3464+0.147%$276K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3418+0.041%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3510+0.253%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3385−0.035%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3350−0.116%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3468+0.157%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3415+0.033%$3.6M$16.6M25xas long as short
Aevo NEAR-PERPlong+0.0120%1h4.3400long leg$202K$38K3x
Aster NEARUSDT+0.0127%8h4.3438+0.088%$2.7M$4.8M50xas long as short
Hyperliquid NEAR+0.0140%1h4.3507+0.246%$350.6M$316.1M10xas long as short
HTX NEAR-USDT+0.0152%8h4.3460+0.138%$463K$3.8M75xas long as short
MEXC NEAR_USDT+0.0159%8h4.3450+0.115%$87.6M$153.6M200xas long as short
Binance NEARUSDT+0.0159%8h4.3448+0.109%$263.1M$1.09B75xas long as short
Kalshi KXNEARPERP+0.0176%8h4.3469+0.158%$981K$25.1M2.2xas long as short
BingX NEAR-USDC+0.0178%8h4.3440+0.092%$6.7Mas long as short
01 Exchange NEARUSD+0.0232%1h4.3449+0.112%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0282%8h4.3490+0.207%$13.2M$32.1M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0339% / S −0.0238%1h4.3423+0.053%$252K100xas long as short
Nado NEAR-PERP+0.0389%1h4.3451+0.116%$1.7M$3.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0418%1h4.3423+0.052%$1.9M$13.1M25xas long as short
Backpack NEAR_USDC_PERP+0.0457%1h4.3443+0.099%$1.0M$7.1M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3431+0.071%$2.3M$16.9M50xas long as short
Lighter RH NEAR+0.0512%1h4.3520+0.276%$1.5M$6.7M10xas long as short
Lighter NEAR+0.0560%1h4.3530+0.298%$17.2M$25.4M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3460+0.138%$228K$1.5M10xas long as short
Pacifica NEARshort+0.0949%1h4.3469+0.159%$409K$1.4M10x
Phoenix NEAR+0.0949%1h4.3782+0.880%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3446+0.106%$608K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1142%1h4.3557+0.361%$5K$7K10xas long as short