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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0751%/8h= −82.3% APRnext payment $0.94 per $10,000 · paid last 24h −0.054%
Price spread now: ApeX Omni against Pacifica−0.235%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$620.624% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 4 days (all we have)+0.549%+$55 · spread now −0.235%, 7d avg +0.036%
Together, before fees+0.468%+ Points / potential airdropPacifica: Active · farm board+$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and ApeX Omni is 0.272% cheaper against Pacifica than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.94 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.48960.0851pay 0.0106% / 1h46m 59s$420K$1.3M10x
ShortApeX Omni NEARUSDT4.47900.0100get 0.0013% / 1h46m 59s$167K$823K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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

Funding earned
−$157.77
Price spread: −0.235% → +0.036%
−$27.17
Slippage, 4 orders
−$44.43
Fee Pacifica: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$247.37
Costs to cover
0.624%
Break-even
never at this rate
Slippage from Pacifica: live order book, 5 min ago; ApeX Omni: live order book, 65 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 Pacifica live order book, 5 min ago2.22 bp13.5 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 65 min ago8.99 bp17.5 bp −$18101.2 bp −$1,012doesn't fitdoesn't fit

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
Kraken Futures PF_NEARUSD−0.0236%1h4.4721−0.389%$7.4M$36.9M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4779−0.260%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4874−0.048%$110K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4844−0.115%$842K$26.1M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4755−0.313%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.764%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4840−0.124%$123K$503K50xas long as short
Aster NEARUSDT+0.0100%8h4.4788−0.240%$2.6M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4790−0.235%$271.7M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4787−0.242%$231.1M$427.5M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4770−0.280%$64.0M$297.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4950+0.121%$268K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4775−0.269%$39.8M$62.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4770−0.280%$77.1M$167.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4780−0.258%$53.2M$43.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4750−0.325%$74.2M$126.3M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4770−0.280%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.4874−0.049%$8.9M$16.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4861−0.077%$265K$869K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4860−0.080%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.4790−0.235%$167K$823K50x
Polymarket Perps NEAR-USD+0.0100%1h4.4847−0.108%$278K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4786−0.244%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4950+0.121%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4755−0.313%$5K$39K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4860−0.080%$465K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4790−0.235%$3.4M$7.9M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4869−0.060%$33K$24510xas long as short
Extended NEAR-USD+0.0104%1h4.4760−0.302%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4749−0.326%$208K$38K3xas long as short
Hyperliquid NEAR+0.0191%1h4.4808−0.196%$361.0M$314.7M10xas long as short
Nado NEAR-PERP+0.0211%1h4.4845−0.113%$1.8M$3.1M10xas long as short
01 Exchange NEARUSD+0.0216%1h4.4822−0.164%$13K$4K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4750−0.325%$12.8M$32.4M75xas long as short
Lighter NEAR+0.0280%1h4.4792−0.231%$17.5M$23.3M15xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0226%1h4.4760−0.302%$262K100xas long as short
Arcus NEAR-USD+0.0343%1h4.4870−0.057%$227K$1.4M10xas long as short
Lighter RH NEAR+0.0360%1h4.4803−0.206%$1.6M$5.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0443%1h4.4791−0.233%$1.9M$13.0M25xas long as short
RISEx NEAR/USDC+0.0489%1h4.4907+0.026%$634K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.4815−0.180%$2.3M$17.6M50xas long as short
Backpack NEAR_USDC_PERP+0.0641%1h4.4791−0.233%$1.1M$7.1M20xas long as short
Phoenix NEAR+0.0741%1h4.5070+0.388%$1.7M$2.7M10xas long as short
Pacifica NEARlong+0.0851%1h4.4896long leg$420K$1.3M10x
Aftermath Perps NEARUSD+0.1131%1h4.4863−0.073%$6K$6K10xas long as short