NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0747%/8h= −81.8% APRnext payment −$0.93 per $10,000 · paid last 24h −0.057%

Price spread now: Aevo against Pacifica+0.025%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$760.760% of the position

Long on Pacifica Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.083%−$8 on $10k

Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.025%, 7d avg −0.021%

Together, before fees−0.040%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aevo is 0.046% dearer against Pacifica than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.021%): +$5 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.083% in total) that is about 3.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.083% in total (about -4.3% 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 are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NEAR	4.4829	0.0851	pay 0.0106% / 1h	6m 31s	$423K	$1.3M	10x
Short	Aevo NEAR-PERP	4.4840	0.0104	get 0.0013% / 1h	6m 31s	$208K	$38K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee AevobpOrdersPrice spread, now +0.025%Rate

Funding earned: −$156.93
Price spread: +0.025% → −0.021%: $4.59
Slippage, 4 orders: −$52.01
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$228.35
Costs to cover: 0.760%
Break-even: never at this rate

Slippage from Pacifica: live order book, 1 min ago; Aevo: live order book, 40 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, 1 min ago	0.11 bp	12.2 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 40 min ago	7.83 bp	27.7 bp −$28	doesn't fit	doesn't fit	doesn't fit

NEAR on 45 exchanges

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	−0.0236%	1h	4.4818	−0.023%	$7.3M	$37.0M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.4923	+0.211%	$2K	—	20x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4896	+0.150%	$905K	$26.4M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4933	+0.233%	$168K	—	150x	as long as short
dYdX NEAR-USD	+0.0022%	1h	4.4790	−0.087%	$110K	$53K	10x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.626%	$578	$301K	12x	as long as short
01 Exchange NEARUSD	+0.0080%	1h	4.4871	+0.094%	$13K	$4K	10x	as long as short
Lighter NEAR	+0.0096%	1h	4.4840	+0.026%	$17.0M	$25.1M	15x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4880	+0.115%	$123K	$505K	50x	as long as short
Hyperliquid NEAR	+0.0100%	1h	4.4870	+0.092%	$360.5M	$312.0M	10x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NEARUSDT	+0.0100%	8h	4.4860	+0.071%	$2.7M	$4.8M	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4877	+0.108%	$270.6M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4880	+0.115%	$230.5M	$430.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4870	+0.092%	$63.9M	$301.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4606	−0.497%	$275K	$24K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4804	−0.055%	$40.8M	$63.7M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4840	+0.025%	$72.1M	$171.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4830	+0.003%	$54.8M	$44.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4798	−0.068%	$74.6M	$127.4M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4860	+0.070%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4714	−0.257%	$8.7M	$16.1M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4888	+0.131%	$266K	$862K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4890	+0.137%	$1.5M	$1.8M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4850	+0.048%	$168K	$808K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4911	+0.184%	$193K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4863	+0.077%	$55K	$273K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4940	+0.248%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4845	+0.036%	$5K	$34K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4940	+0.248%	$471K	$3.7M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4840	+0.025%	$3.4M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4815	−0.031%	$32K	$389	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4795	−0.074%	$3.7M	$15.0M	25x	as long as short
Aevo NEAR-PERPshort	+0.0104%	1h	4.4840	+0.025%	$208K	$38K	3x
GMX NEAR/USD [ETH-USDC]	L +0.0191% / S −0.0033%	1h	4.4830	+0.003%	$241K	—	100x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4870	+0.092%	$12.7M	$32.6M	75x	as long as short
Lighter RH NEAR	+0.0232%	1h	4.4857	+0.063%	$1.5M	$6.0M	10x	as long as short
Nado NEAR-PERP	+0.0266%	1h	4.4880	+0.115%	$1.8M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0343%	1h	4.4900	+0.159%	$227K	$1.4M	10x	as long as short
RISEx NEAR/USDC	+0.0489%	1h	4.4875	+0.103%	$649K	$1.6M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0504%	1h	4.4980	+0.338%	$2.3M	$17.6M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0554%	1h	4.4865	+0.081%	$1.1M	$7.1M	20x	as long as short
Phoenix NEAR	+0.0741%	1h	4.4988	+0.355%	$1.7M	$2.7M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0843%	1h	4.4899	+0.157%	$1.9M	$13.0M	25x	as long as short
Pacifica NEARlong	+0.0851%	1h	4.4829	long leg	$423K	$1.3M	10x
Aftermath Perps NEARUSD	+0.0925%	1h	4.4839	+0.023%	$6K	$6K	10x	as long as short