NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0263%/8h= −28.8% APRnext payment −$0.33 per $10,000 · paid last 24h −0.032%

Price spread now: dYdX against Pacifica−0.133%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$276as in the Funding arb table

Net, price: spread back to 7d avg − costs−$261as in the Price arb table

costs, in and out, $10k−$2532.525% of the position

Long on Pacifica Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.235%−$24 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.133%, 7d avg −0.044%

Together, before fees−0.166%+ Points / potential airdropPacifica: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and dYdX is 0.089% cheaper against Pacifica than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.044%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NEAR	4.3106	0.0263	pay 0.0033% / 1h	45m 31s	$409K	$1.2M	10x
Short	dYdX NEAR-USD	4.3049	0	get 0.0000% / 1h	45m 31s	$106K	$69K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.133%Rate

Funding earned: −$55.29
Price spread: −0.133% → −0.044%: −$8.91
Slippage, 4 orders: −$234.52
Fee Pacifica: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$316.71
Costs to cover: 2.525%
Break-even: never at this rate

Slippage from Pacifica: live order book, 3 min ago; dYdX: live order book, 8 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, 3 min ago	0.11 bp	5.1 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell dYdX live order book, 8 min ago	109.99 bp	121.3 bp −$121	130.1 bp −$1,301	137.5 bp −$13.8K	368.1 bp −$184.1K

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	4.3095	−0.026%	$2K	—	20x	as long as short
dYdX NEAR-USDshort	0.0000%	1h	4.3049	−0.133%	$106K	$69K	10x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3419	+0.725%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.935%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3468	+0.839%	$2.3M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3080	−0.061%	$106K	$501K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3120	+0.032%	$265.1M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3079	−0.064%	$215.2M	$427.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3110	+0.008%	$61.3M	$290.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3771	+1.542%	$249K	−$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	4.3061	−0.105%	$31.5M	$60.7M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3080	−0.061%	$72.0M	$144.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3120	+0.032%	$53.7M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3105	−0.003%	$70.7M	$129.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3070	−0.084%	—	$146.2M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3397	+0.675%	$8.4M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3444	+0.783%	$254K	$950K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3580	+1.099%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3430	+0.751%	$167K	$799K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3115	+0.020%	$260K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3462	+0.825%	$58K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3490	+0.890%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3450	+0.797%	$454K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3450	+0.797%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3040	−0.154%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3470	+0.844%	$202K	$40K	3x	as long as short
Kalshi KXNEARPERP	+0.0131%	8h	4.3437	+0.767%	$610K	$22.9M	2.2x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3410	+0.704%	$13.7M	$32.2M	75x	as long as short
Pacifica NEARlong	+0.0263%	1h	4.3106	long leg	$409K	$1.2M	10x
Aster NEARUSDT	+0.0313%	8h	4.3162	+0.129%	$2.9M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0319% / S −0.0191%	1h	4.3416	+0.719%	$231K	—	100x	as long as short
SoDEX NEAR-USD	+0.0418%	1h	4.3435	+0.762%	$8K	$52K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0497%	1h	4.3402	+0.686%	$1.4M	$6.5M	20x	as long as short
01 Exchange NEARUSD	+0.0528%	1h	4.3116	+0.022%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0568%	1h	4.3143	+0.085%	$354.4M	$319.8M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3150	+0.101%	$211K	$1.6M	10x	as long as short
Extended NEAR-USD	+0.0656%	1h	4.3048	−0.135%	$3.8M	$19.8M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0710%	1h	4.3394	+0.668%	$7.7M	$39.7M	50x	as long as short
Nado NEAR-PERP	+0.0775%	1h	4.3097	−0.022%	$1.8M	$3.1M	10x	as long as short
Lighter RH NEAR	+0.0896%	1h	4.3144	+0.087%	$1.5M	$7.4M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3717	+1.417%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.1160%	1h	4.3141	+0.080%	$17.4M	$24.9M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3130	+0.056%	$623K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1619%	1h	4.3533	+0.991%	$5K	$12K	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.2215%	1h	4.3523	+0.966%	$1.9M	$8.4M	25x	as long as short