Funding you earn now, next payment 11:00 UTC−0.0751%/8h= −82.3% APRpaid last 24h −0.059%
Price spread now: OKX against Pacifica−0.166%49s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.385% of the position
Funding, last 7 days−0.095%−$9 on $10k
+Price spread, last 7 days+0.162%+$16 · spread now −0.166%, 7d avg −0.045%
=Together, before fees+0.067%+ Points / potential airdropPacifica: Active · farm board+$7 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 OKX is 0.121% cheaper against Pacifica than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.045%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.095% in total (about -4.9% a year). A funding rate is set anew for every payment. 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 | 4.4975 | 0.0851 | pay 0.0106% / 1h | 2m 53s | $424K | $1.3M | 10x |
| Short | OKX NEAR-USDT-SWAP | 4.4900 | 0.0100 | get 0.0100% / 8h | 5h 02m | $64.0M | $301.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$157.77
- Price spread: −0.166% → −0.045%
- −$12.1
- Slippage, 4 orders
- −$20.48
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$208.35
- Costs to cover
- 0.385%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 4 min ago; OKX: 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 | 0.11 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.12 bp | 9.0 bp −$9 | 13.9 bp −$139 | 36.3 bp −$3,631 | 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 | −0.0235% | 1h | 4.4970 | −0.011% | $7.3M | $37.1M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4964 | −0.024% | $2K | — | 20x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.5023 | +0.107% | $932K | $26.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4955 | −0.044% | $169K | — | 150x | as long as short |
| dYdX NEAR-USD | +0.0022% | 1h | 4.4867 | −0.240% | $110K | $53K | 10x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.926% | $578 | $301K | 12x | as long as short |
| 01 Exchange NEARUSD | +0.0088% | 1h | 4.5010 | +0.078% | $13K | $4K | 10x | as long as short |
| Lighter NEAR | +0.0096% | 1h | 4.5022 | +0.104% | $17.0M | $25.2M | 15x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4990 | +0.034% | $124K | $505K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4950 | −0.055% | $2.7M | $4.8M | 50x | as long as short |
Show all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.4947 | −0.062% | $271.0M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4910 | −0.144% | $230.7M | $430.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAPshort | +0.0100% | 8h | 4.4900 | −0.166% | $64.0M | $301.5M | 50x | |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4850 | −0.277% | $276K | $24K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4907 | −0.151% | $41.0M | $63.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4960 | −0.033% | $72.0M | $171.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4980 | +0.012% | $54.1M | $44.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4866 | −0.242% | $74.7M | $127.7M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4920 | −0.122% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4853 | −0.270% | $8.8M | $16.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4923 | −0.116% | $266K | $864K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4999 | +0.054% | $1.5M | $1.8M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4880 | −0.211% | $168K | $808K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5007 | +0.072% | $192K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5017 | +0.094% | $56K | $273K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5100 | +0.279% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4990 | +0.034% | $5K | $34K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5100 | +0.279% | $472K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4990 | +0.034% | $3.4M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4926 | −0.109% | $32K | $389 | 10x | as long as short |
| Hyperliquid NEAR | +0.0103% | 1h | 4.4997 | +0.049% | $361.6M | $312.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4905 | −0.155% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5005 | +0.067% | $209K | $38K | 3x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0191% / S −0.0033% | 1h | 4.4849 | −0.281% | $241K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5070 | +0.212% | $12.7M | $32.7M | 75x | as long as short |
| Lighter RH NEAR | +0.0248% | 1h | 4.5038 | +0.141% | $1.6M | $6.1M | 10x | as long as short |
| Nado NEAR-PERP | +0.0267% | 1h | 4.5000 | +0.056% | $1.8M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.5040 | +0.145% | $227K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.5066 | +0.202% | $651K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.5020 | +0.101% | $2.3M | $17.6M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0563% | 1h | 4.5013 | +0.085% | $1.1M | $7.2M | 20x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.5161 | +0.414% | $1.7M | $2.7M | 10x | as long as short |
| Pacifica NEARlong | +0.0851% | 1h | 4.4975 | long leg | $424K | $1.3M | 10x | |
| Aftermath Perps NEARUSD | +0.0897% | 1h | 4.4916 | −0.131% | $6K | $6K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1105% | 1h | 4.5063 | +0.196% | $1.9M | $13.0M | 25x | as long as short |
Pacifica NEAR
OKX NEAR-USDT-SWAP
Kraken Futures PF_NEARUSD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
01 Exchange NEARUSD
Lighter NEAR
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Hyperliquid NEAR
Extended NEAR-USD
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Lighter RH NEAR
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Phoenix NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL