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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Pacifica against MEXC+0.016%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.072%+$7 on $10k
Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.016%, 7d avg +0.038%
Together, before fees−0.032%+ Points / potential airdropPacifica: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.022% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEAR_USDT4.31300.0100pay 0.0100% / 8h7h 50m$80.1M$138.6M200x
ShortPacifica NEAR4.31370.0100get 0.0013% / 1h50m 29s$404K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against MEXC. 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
$0
Price spread: +0.016% → +0.038%
−$2.24
Slippage, 4 orders
−$18.23
Fee MEXC: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$28.47
Costs to cover
0.262%
Break-even
never at this rate
Slippage from MEXC: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 9 min ago1.17 bp1.2 bp −$14.9 bp −$4931.2 bp −$3,11668.6 bp −$34.3K
Sell Pacifica live order book, 3 min ago3.24 bp13.8 bp −$14doesn't fitdoesn't fitdoesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NEARUSDT−0.0665%8h4.3020−0.255%$3.9M$8.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3115−0.035%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.3066−0.149%$7.6M$37.1M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2957−0.401%$2.3M$13.0M50xas long as short
Bybit NEARUSDT−0.0068%8h4.31300.000%$219.8M$418.9M75xas long as short
dYdX NEAR-USD0.0000%1h4.3138+0.018%$112K$64K10xas long as short
01 Exchange NEARUSD0.0000%1h4.3173+0.100%$13K$7K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3033−0.225%$377K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3004−0.292%$204K150xas long as short
Variational Omni NEAR+0.0014%8h4.2988−0.328%$7.9M$18.6Mas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.988%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3160+0.070%$112K$478K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3006−0.288%$57K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3131+0.001%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.3160+0.071%$3.0M$5.7M50xas long as short
Pacifica NEARshort+0.0100%1h4.3137+0.016%$404K$1.2M10x
Binance NEARUSDT+0.0100%8h4.3160+0.070%$256.3M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3120−0.023%$61.3M$282.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3170+0.093%$198K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2646−1.122%$243K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3150+0.046%$31.1M$58.6M75xas long as short
MEXC NEAR_USDTlong+0.0100%8h4.3130long leg$80.1M$138.6M200x
KuCoin NEARUSDTM+0.0100%8h4.3170+0.093%$56.5M$43.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3136+0.014%$71.6M$125.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.31300.000%$141.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3062−0.159%$267K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3082−0.112%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3080−0.116%$180K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3165+0.081%$194K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3080−0.116%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3020−0.255%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3070−0.139%$458K$3.6M75xas long as short
Extended NEAR-USD+0.0104%1h4.3129−0.002%$3.9M$16.5M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3023−0.249%$200K$28K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3040−0.209%$13.0M$29.2M75xas long as short
Hyperliquid NEAR+0.0326%1h4.3205+0.175%$368.5M$300.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0313%1h4.2997−0.308%$275K100xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0378%1h4.3033−0.225%$1.9M$2.9M25xas long as short
Nado NEAR-PERP+0.0387%1h4.3126−0.010%$1.9M$3.3M10xas long as short
Lighter RH NEAR+0.0424%1h4.3167+0.086%$1.6M$6.8M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3179+0.114%$410K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0481%1h4.3107−0.053%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0499%1h4.3136+0.014%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1215%1h4.3001−0.300%$5K$12K10xas long as short
Lighter NEAR+0.2232%1h4.3251+0.282%$17.3M$23.9M15xas long as short