Funding you earn now, next payment 02:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.15 per $10,000 · paid last 24h −0.052%
Price spread now: Coinbase International against Pacifica−0.142%7-day average −0.052% · 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−$65as in the Price arb table
costs, in and out, $10k−$560.563% of the position
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 3 days (all we have)+0.067%+$7 · spread now −0.142%, 7d avg −0.052%
=Together, before fees−0.193%+ Points / potential airdropPacifica: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.090% cheaper against Pacifica than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NEAR | 4.3679 | 0.0100 | pay 0.0013% / 1h | 54m 33s | $412K | $1.2M | 10x |
| Short | Coinbase International NEAR-PERP-INTX | 4.3617 | −0.0016 | pay 0.0002% / 1h | 54m 33s | $2.2M | $14.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$24.36
- Price spread: −0.142% → −0.052%
- −$8.99
- Slippage, 4 orders
- −$38.27
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$89.62
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 4 min ago; Coinbase International: live order book, 5 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 | 2.52 bp | 15.1 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 3.78 bp | 12.7 bp −$13 | 18.3 bp −$183 | doesn't fit | doesn't fit |
NEAR on 44 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 | 4.3669 | −0.024% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | −0.0016% | 1h | 4.3617 | −0.142% | $2.2M | $14.1M | 50x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3653 | −0.061% | $108K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3641 | −0.087% | $539K | $19.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3573 | −0.242% | $197K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.195% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3640 | −0.090% | $114K | $488K | 50x | as long as short |
| Pacifica NEARlong | +0.0100% | 1h | 4.3679 | long leg | $412K | $1.2M | 10x | |
| Binance NEARUSDT | +0.0100% | 8h | 4.3670 | −0.021% | $264.9M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3644 | −0.081% | $220.3M | $416.6M | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3620 | −0.136% | $62.1M | $287.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3657 | −0.051% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3643 | −0.083% | $31.4M | $61.6M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3650 | −0.067% | $75.8M | $139.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3670 | −0.021% | $54.0M | $43.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3660 | −0.044% | $71.7M | $126.0M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3640 | −0.090% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3808 | +0.294% | $8.4M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3645 | −0.078% | $267K | $993K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3657 | −0.051% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3610 | −0.158% | $194K | $777K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3711 | +0.073% | $204K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3603 | −0.174% | $60K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3670 | −0.021% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3625 | −0.124% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3720 | +0.093% | $456K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3650 | −0.067% | $3.8M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3658 | −0.048% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3622 | −0.131% | $3.8M | $18.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3628 | −0.116% | $203K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0187% | 8h | 4.3680 | +0.002% | $3.0M | $5.5M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0278% | 1h | 4.3618 | −0.140% | $1.9M | $4.3M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0348% / S −0.0243% | 1h | 4.3565 | −0.261% | $255K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0400% | 1h | 4.3693 | +0.032% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0408% | 1h | 4.3668 | −0.024% | $1.9M | $3.0M | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.3680 | +0.002% | $208K | $1.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0548% | 1h | 4.3700 | +0.048% | $1.4M | $6.4M | 20x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.3900 | +0.506% | $1.8M | $2.7M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0706% | 1h | 4.3652 | −0.062% | $8.1M | $41.0M | 50x | as long as short |
| Hyperliquid NEAR | +0.0778% | 1h | 4.3724 | +0.103% | $368.2M | $303.8M | 10x | as long as short |
| Lighter RH NEAR | +0.0816% | 1h | 4.3729 | +0.114% | $1.6M | $6.9M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.3682 | +0.006% | $551K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.0944% | 1h | 4.3769 | +0.205% | $17.5M | $25.5M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1691% | 1h | 4.3645 | −0.079% | $5K | $12K | 10x | as long as short |
Pacifica NEAR
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
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
Extended NEAR-USD
Aster NEARUSDT
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Phoenix NEAR
Kraken Futures PF_NEARUSD
Hyperliquid NEAR
Lighter RH NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD