NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0377%/8h= +41.3% APRnext payment +$0.47 per $10,000 · paid last 24h +0.175%

Price spread now: Hyperliquid against Pacifica−0.020%7-day average +0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs+$5as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$300.299% of the position

Long on Pacifica Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.351%+$35 on $10k

Price spread, last 7 days+0.045%+$5 · spread now −0.020%, 7d avg +0.081%

Together, before fees+0.396%+ Points / potential airdropPacifica: Active · Hyperliquid: Season 2 · farm board+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.101% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.081%). If the spread goes back, that is −$10 on $10k: about 21 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.351% in total) that is about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NEAR	4.3619	0.0263	pay 0.0033% / 1h	28m 28s	$409K	$1.3M	10x
Short	Hyperliquid NEAR	4.3610	0.0641	get 0.0080% / 1h	28m 28s	$357.6M	$317.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now −0.020%Rate

Funding earned: $79.26
Price spread: −0.020% → +0.081%: −$10.08
Slippage, 4 orders: −$12.89
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $39.29
Costs to cover: 0.299%
Break-even: 3.5 days

Slippage from Pacifica: live order book, 1 min ago; Hyperliquid: live order book, 6 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	5.2 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 6 min ago	0.81 bp	6.7 bp −$7	doesn't fit	doesn't fit	doesn't fit

NEAR on 45 venues

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
Reya NEARRUSDPERP	−0.0171%	1h	4.3537	−0.187%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3581	−0.087%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3548	−0.162%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.063%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3653	+0.079%	$2.4M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3570	−0.111%	$110K	$502K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3610	−0.020%	$267.4M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3562	−0.130%	$215.8M	$428.0M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3550	−0.157%	$61.9M	$293.1M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3412	−0.473%	$247K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3585	−0.077%	$32.3M	$61.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3580	−0.088%	$73.3M	$145.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3620	+0.003%	$54.0M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3553	−0.150%	$71.6M	$129.0M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3600	−0.042%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3637	+0.043%	$8.4M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3632	+0.032%	$255K	$951K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3676	+0.131%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3600	−0.042%	$168K	$798K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3587	−0.072%	$280K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3587	−0.072%	$58K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3720	+0.233%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3720	+0.233%	$474K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3590	−0.065%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3573	−0.104%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3585	−0.077%	$203K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3630	+0.026%	$13.6M	$32.4M	75x	as long as short
Pacifica NEARlong	+0.0263%	1h	4.3619	long leg	$409K	$1.3M	10x
Kalshi KXNEARPERP	+0.0265%	8h	4.3600	−0.042%	$783K	$23.3M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0324% / S −0.0200%	1h	4.3598	−0.047%	$235K	—	100x	as long as short
Aster NEARUSDT	+0.0331%	8h	4.3630	+0.026%	$2.9M	$5.5M	50x	as long as short
SoDEX NEAR-USD	+0.0387%	1h	4.3560	−0.134%	$8K	$49K	10x	as long as short
01 Exchange NEARUSD	+0.0528%	1h	4.3651	+0.074%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0552%	1h	4.3623	+0.010%	$1.3M	$6.7M	20x	as long as short
Nado NEAR-PERP	+0.0567%	1h	4.3580	−0.088%	$1.8M	$3.2M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3640	+0.049%	$214K	$1.6M	10x	as long as short
Hyperliquid NEARshort	+0.0641%	1h	4.3610	−0.020%	$357.6M	$317.7M	10x
Extended NEAR-USD	+0.0656%	1h	4.3572	−0.106%	$3.8M	$20.0M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0707%	1h	4.3573	−0.104%	$7.6M	$39.4M	50x	as long as short
Lighter RH NEAR	+0.0904%	1h	4.3668	+0.113%	$1.5M	$7.4M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3543	−0.173%	$1.8M	$2.8M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0990%	1h	4.3596	−0.052%	$1.9M	$9.0M	25x	as long as short
Lighter NEAR	+0.1128%	1h	4.3668	+0.114%	$17.6M	$25.0M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3634	+0.036%	$686K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1549%	1h	4.3533	−0.196%	$5K	$12K	10x	as long as short