NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0279%/8h= +30.6% APRnext payment +$0.35 per $10,000 · paid last 24h −0.063%

Price spread now: Pacifica against Deribit−0.107%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$500.497% of the position

Long on Deribit Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.322%−$32 on $10k

Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.107%, 7d avg −0.042%

Together, before fees−0.219%+ Points / potential airdropPacifica: Active · farm board−$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.066% cheaper against Deribit than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.042%). If the spread goes back, that is −$7 on $10k: about 19 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.322%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NEAR_USDC-PERPETUAL	4.3214	0.0908	pay 0.0113% / 1h	1m 18s	$1.9M	$13.0M	25x
Short	Pacifica NEAR	4.3168	0.1187	get 0.0148% / 1h	1m 18s	$398K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Deribit. 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 DeribitbpFee PacificabpOrdersPrice spread, now −0.107%Rate

Funding earned: $58.6
Price spread: −0.107% → −0.042%: −$6.58
Slippage, 4 orders: −$34.69
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $2.33
Costs to cover: 0.497%
Break-even: 6.7 days

Slippage from Deribit: live order book, 3 min ago; Pacifica: live order book, 3 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 Deribit live order book, 3 min ago	3.01 bp	8.8 bp −$9	18.5 bp −$185	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	3.35 bp	23.4 bp −$23	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	4.3108	−0.245%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3153	−0.141%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3167	−0.109%	$162K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.175%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3130	−0.194%	$105K	$492K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3121	−0.215%	$217.9M	$431.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3110	−0.241%	$60.6M	$290.1M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3565	+0.813%	$248K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3110	−0.241%	$35.1M	$62.5M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3140	−0.171%	$52.2M	$45.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.3109	−0.243%	$71.4M	$128.5M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3397	+0.424%	$8.7M	$18.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3231	+0.040%	$251K	$906K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3225	+0.026%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3400	+0.430%	$163K	$804K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3138	−0.176%	$288K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3142	−0.167%	$57K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3280	+0.153%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3180	−0.079%	$5K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3290	+0.176%	$457K	$3.8M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3210	−0.009%	$3.6M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0103%	8h	4.3137	−0.177%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3115	−0.229%	$3.6M	$17.8M	25x	as long as short
Aevo NEAR-PERP	+0.0136%	1h	4.3157	−0.132%	$201K	$38K	3x	as long as short
BingX NEAR-USDC	+0.0201%	8h	4.3110	−0.241%	—	$6.7M	—	as long as short
Binance NEARUSDT	+0.0212%	8h	4.3145	−0.161%	$262.5M	$1.09B	75x	as long as short
MEXC NEAR_USDT	+0.0213%	8h	4.3170	−0.102%	$75.0M	$151.1M	200x	as long as short
Kalshi KXNEARPERP	+0.0217%	8h	4.3193	−0.049%	$945K	$25.1M	2.2x	as long as short
Aster NEARUSDT	+0.0253%	8h	4.3129	−0.197%	$2.7M	$4.8M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0313% / S −0.0200%	1h	4.3163	−0.119%	$231K	—	100x	as long as short
BloFin NEAR-USDT	+0.0333%	8h	4.3200	−0.032%	$13.5M	$32.0M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0395%	1h	4.3209	−0.012%	$1.3M	$6.9M	20x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.3234	+0.046%	$2.3M	$16.5M	50x	as long as short
Hyperliquid NEAR	+0.0426%	1h	4.3145	−0.160%	$350.8M	$314.7M	10x	as long as short
01 Exchange NEARUSD	+0.0440%	1h	4.3132	−0.190%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0542%	1h	4.3147	−0.156%	$1.6M	$3.2M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0676%	1h	4.3154	−0.138%	$7.1M	$38.3M	50x	as long as short
Lighter NEAR	+0.0728%	1h	4.3205	−0.020%	$17.0M	$25.5M	15x	as long as short
Lighter RH NEAR	+0.0824%	1h	4.3208	−0.014%	$1.5M	$6.8M	10x	as long as short
Arcus NEAR-USD	+0.0880%	1h	4.3190	−0.056%	$227K	$1.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUALlong	+0.0908%	1h	4.3214	long leg	$1.9M	$13.0M	25x
Phoenix NEAR	+0.1003%	1h	4.3312	+0.227%	$1.8M	$2.5M	10x	as long as short
Pacifica NEARshort	+0.1187%	1h	4.3168	−0.107%	$398K	$1.4M	10x
RISEx NEAR/USDC	+0.1259%	1h	4.3146	−0.158%	$656K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1298%	1h	4.3364	+0.346%	$5K	$12K	10x	as long as short