NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0751%/8h= −82.2% APRnext payment −$0.94 per $10,000 · paid last 24h −0.009%

Price spread now: Popdex against Pacifica+0.082%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$660.658% of the position

Long on Pacifica Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.134%+$13 · spread now +0.082%, 7d avg −0.014%

Together, before fees+0.125%+ Points / potential airdropPacifica: Active · farm board+$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Popdex is 0.096% dearer against Pacifica than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.014%): +$10 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 4 days (−0.010% in total) that is about 35 days.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.010% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.94 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NEAR	4.2855	0.0847	pay 0.0106% / 1h	50m 20s	$393K	$1.3M	10x
Short	Popdex NEARUSDT	4.2890	0.0096	get 0.0012% / 1h	50m 20s	$111K	$500K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$157.65
Price spread: +0.082% → −0.014%: $9.59
Slippage, 4 orders: −$51.35
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$213.81
Costs to cover: 0.658%
Break-even: never at this rate

Slippage from Pacifica: live order book, 4 min ago; Popdex: live order book, 64 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	2.80 bp	8.0 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Popdex live order book, 64 min ago	14.94 bp	23.2 bp −$23	57.1 bp −$571	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	4.2873	+0.043%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2827	−0.064%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.2859	+0.010%	$161K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.371%	$578	$301K	12x	as long as short
Popdex NEARUSDTshort	+0.0096%	1h	4.2890	+0.082%	$111K	$500K	50x
Binance NEARUSDT	+0.0100%	8h	4.2930	+0.175%	$261.8M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2871	+0.038%	$212.7M	$424.5M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2880	+0.059%	$60.5M	$285.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2835	−0.045%	$244K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2870	+0.035%	$32.0M	$59.5M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NEAR_USDT	+0.0100%	8h	4.2910	+0.129%	$70.7M	$142.4M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2920	+0.152%	$53.1M	$45.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2873	+0.042%	$70.9M	$127.8M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2890	+0.082%	—	$144.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2828	−0.064%	$8.2M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2783	−0.167%	$250K	$948K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2800	−0.128%	$1.4M	$1.5M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2891	+0.084%	$56K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2970	+0.269%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.2860	+0.012%	$459K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2920	+0.152%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.2858	+0.007%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2924	+0.161%	$200K	$37K	3x	as long as short
Polymarket Perps NEAR-USD	+0.0109%	1h	4.2909	+0.126%	$273K	$3.9M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2950	+0.222%	$13.4M	$31.7M	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.2840	−0.035%	$2.3M	$15.8M	50x	as long as short
Nado NEAR-PERP	+0.0264%	1h	4.2872	+0.040%	$1.7M	$3.2M	10x	as long as short
Kalshi KXNEARPERP	+0.0270%	8h	4.2852	−0.007%	$831K	$24.5M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0195%	1h	4.2854	−0.002%	$230K	—	100x	as long as short
Aster NEARUSDT	+0.0336%	8h	4.2910	+0.129%	$2.8M	$5.5M	50x	as long as short
ApeX Omni NEARUSDT	+0.0365%	1h	4.2740	−0.268%	$164K	$793K	50x	as long as short
Extended NEAR-USD	+0.0504%	1h	4.2862	+0.017%	$3.7M	$19.9M	25x	as long as short
SoDEX NEAR-USD	+0.0638%	1h	4.2885	+0.070%	$6K	$53K	10x	as long as short
Hyperliquid NEAR	+0.0675%	1h	4.2924	+0.161%	$350.5M	$311.1M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0676%	1h	4.2908	+0.124%	$1.3M	$6.8M	20x	as long as short
01 Exchange NEARUSD	+0.0696%	1h	4.2968	+0.264%	$13K	$7K	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0737%	1h	4.2885	+0.070%	$7.6M	$38.8M	50x	as long as short
Lighter NEAR	+0.0752%	1h	4.2877	+0.053%	$16.8M	$25.0M	15x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.2940	+0.199%	$211K	$1.6M	10x	as long as short
Pacifica NEARlong	+0.0847%	1h	4.2855	long leg	$393K	$1.3M	10x
Lighter RH NEAR	+0.0928%	1h	4.2880	+0.059%	$1.5M	$7.2M	10x	as long as short
Phoenix NEAR	+0.1033%	1h	4.2873	+0.042%	$1.8M	$2.5M	10x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.2921	+0.154%	$679K	$1.3M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1337%	1h	4.2918	+0.147%	$1.9M	$10.6M	25x	as long as short
Aftermath Perps NEARUSD	+0.1469%	1h	4.2879	+0.056%	$5K	$12K	10x	as long as short