Funding you earn now, next payment 12:00 UTC−0.0435%/8h= −47.6% APRnext payment −$0.54 per $10,000 · paid last 24h +0.004%
Price spread now: Arcus against Pacifica+0.154%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$470.473% of the position
Funding, last 4 days (all we have)+0.296%+$30 on $10k
+Price spread, last 7 days−0.173%−$17 · spread now +0.154%, 7d avg +0.022%
=Together, before fees+0.122%+ Points / potential airdropPacifica: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.132% dearer against Pacifica than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of +0.022%): +$13 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 24 hours. Mind the row above: over the last 4 days funding on this pair paid +0.296%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NEAR | 4.5210 | 0.0687 | pay 0.0086% / 1h | 28m 24s | $427K | $1.2M | 10x |
| Short | Arcus NEAR-USD | 4.5280 | 0.0253 | get 0.0032% / 1h | 28m 24s | $229K | $1.4M | 10x |
Pacifica NEAR
Arcus NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Pacifica. 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
- −$91.32
- Price spread: +0.154% → +0.022%
- $13.25
- Slippage, 4 orders
- −$34.82
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$125.39
- Costs to cover
- 0.473%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 4 min ago; Arcus: 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 Pacifica live order book, 4 min ago | 2.54 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 4 min ago | 3.32 bp | 6.7 bp −$7 | 11.5 bp −$115 | 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 | −0.0377% | 1h | 4.5287 | +0.169% | $7.3M | $36.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.5328 | +0.261% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5150 | −0.132% | $111K | $53K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.5180 | −0.067% | $876K | $27.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0007% | 1h | 4.5335 | +0.275% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.406% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5290 | +0.177% | $120K | $526K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5340 | +0.288% | $2.6M | $5.2M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5349 | +0.306% | $270.7M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5330 | +0.265% | $234.3M | $429.8M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5290 | +0.177% | $64.8M | $309.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5800 | +1.305% | $282K | $25K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5209 | −0.003% | $41.9M | $64.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5320 | +0.243% | $77.2M | $175.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5260 | +0.110% | $54.7M | $44.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5333 | +0.272% | $75.6M | $129.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.5340 | +0.287% | — | $75.1M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5242 | +0.071% | $8.8M | $15.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5236 | +0.058% | $255K | $879K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5130 | −0.177% | $1.5M | $1.9M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5345 | +0.298% | $197K | $4.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5275 | +0.143% | $56K | $254K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5350 | +0.309% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5305 | +0.210% | $6K | $36K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5340 | +0.287% | $470K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5330 | +0.265% | $3.2M | $8.5M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.5176 | −0.075% | $33K | $389 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5192 | −0.039% | $3.8M | $15.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5275 | +0.143% | $211K | $34K | 3x | as long as short |
| ApeX Omni NEARUSDT | +0.0106% | 1h | 4.5260 | +0.110% | $171K | $821K | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0188% / S +0.0010% | 1h | 4.5331 | +0.267% | $218K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5270 | +0.132% | $13.2M | $32.4M | 75x | as long as short |
| Arcus NEAR-USDshort | +0.0253% | 1h | 4.5280 | +0.154% | $229K | $1.4M | 10x | |
| Lighter RH NEAR | +0.0272% | 1h | 4.5224 | +0.031% | $1.6M | $5.9M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0344% | 1h | 4.5291 | +0.179% | $13K | $4K | 10x | as long as short |
| Nado NEAR-PERP | +0.0354% | 1h | 4.5315 | +0.232% | $1.8M | $3.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0377% | 1h | 4.5345 | +0.298% | $364.4M | $313.9M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0478% | 1h | 4.5285 | +0.167% | $548K | $1.8M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0544% | 1h | 4.5282 | +0.159% | $2.3M | $17.9M | 50x | as long as short |
| Pacifica NEARlong | +0.0687% | 1h | 4.5210 | long leg | $427K | $1.2M | 10x | |
| Lighter NEAR | +0.0704% | 1h | 4.5241 | +0.068% | $17.8M | $26.7M | 15x | as long as short |
| Phoenix NEAR | +0.0733% | 1h | 4.5235 | +0.055% | $1.8M | $2.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0854% | 1h | 4.5323 | +0.250% | $2.0M | $13.0M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0870% | 1h | 4.5353 | +0.316% | $1.1M | $7.2M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.0956% | 1h | 4.5347 | +0.302% | $6K | $6K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
ApeX Omni NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Lighter RH NEAR
01 Exchange NEARUSD
Nado NEAR-PERP
Hyperliquid NEAR
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Lighter NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD