Funding you earn now, next payment 11:00 UTC+0.0751%/8h= +82.3% APRnext payment +$0.94 per $10,000 · paid last 24h +0.059%
Price spread now: Pacifica against Polymarket Perps+0.213%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 7 days−0.217%−$22 · spread now +0.213%, 7d avg −0.008%
=Together, before fees−0.104%+ Points / potential airdropPacifica: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Pacifica is 0.221% dearer against Polymarket Perps than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.008%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% 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 are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NEAR-USD | 4.4808 | 0.0100 | pay 0.0013% / 1h | 51m 10s | $280K | $4.0M | 10x |
| Short | Pacifica NEAR | 4.4903 | 0.0851 | get 0.0106% / 1h | 51m 10s | $422K | $1.4M | 10x |
Polymarket Perps NEAR-USD
Pacifica NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Polymarket Perps. 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
- $157.77
- Price spread: +0.213% → −0.008%
- $22.13
- Slippage, 4 orders
- −$30.68
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $133.23
- Costs to cover
- 0.467%
- Break-even
- 1.1 days
Slippage from Polymarket Perps: live order book, 6 min ago; Pacifica: live order book, 1 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 Polymarket Perps live order book, 6 min ago | 4.12 bp | 11.0 bp −$11 | 25.1 bp −$251 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 1 min ago | 2.22 bp | 14.1 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
NEAR on 45 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0236% | 1h | 4.4846 | +0.085% | $7.4M | $36.9M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4859 | +0.114% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4788 | −0.045% | $110K | $53K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4803 | −0.011% | $842K | $26.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4768 | −0.089% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.583% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4790 | −0.040% | $123K | $505K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4883 | +0.167% | $2.6M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4877 | +0.155% | $272.4M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4914 | +0.237% | $232.0M | $427.7M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4890 | +0.183% | $64.2M | $298.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4950 | +0.317% | $268K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4891 | +0.185% | $39.8M | $61.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4900 | +0.205% | $75.8M | $167.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4890 | +0.183% | $53.3M | $44.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4883 | +0.167% | $74.4M | $126.7M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4900 | +0.205% | — | $77.3M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4874 | +0.146% | $8.9M | $16.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4775 | −0.073% | $265K | $869K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4810 | +0.004% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4780 | −0.062% | $167K | $824K | 50x | as long as short |
| Polymarket Perps NEAR-USDlong | +0.0100% | 1h | 4.4808 | long leg | $280K | $4.0M | 10x | |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4868 | +0.134% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4930 | +0.272% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4865 | +0.127% | $5K | $40K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4840 | +0.071% | $465K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4910 | +0.228% | $3.4M | $7.9M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4859 | +0.113% | $32K | $53 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4845 | +0.083% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4849 | +0.092% | $209K | $38K | 3x | as long as short |
| Lighter NEAR | +0.0168% | 1h | 4.4932 | +0.277% | $17.5M | $23.3M | 15x | as long as short |
| Nado NEAR-PERP | +0.0209% | 1h | 4.4800 | −0.018% | $1.7M | $3.1M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4940 | +0.295% | $12.9M | $32.6M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0248% | 1h | 4.4804 | −0.009% | $13K | $4K | 10x | as long as short |
| Hyperliquid NEAR | +0.0251% | 1h | 4.4942 | +0.299% | $362.1M | $314.6M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0341% / S −0.0226% | 1h | 4.4925 | +0.262% | $263K | — | 100x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.4910 | +0.228% | $227K | $1.4M | 10x | as long as short |
| Lighter RH NEAR | +0.0448% | 1h | 4.4950 | +0.317% | $1.6M | $5.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.4854 | +0.103% | $633K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.4903 | +0.212% | $2.3M | $17.6M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0641% | 1h | 4.4944 | +0.304% | $1.1M | $7.0M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0687% | 1h | 4.4888 | +0.179% | $1.9M | $13.0M | 25x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.4898 | +0.201% | $1.7M | $2.7M | 10x | as long as short |
| Pacifica NEARshort | +0.0851% | 1h | 4.4903 | +0.213% | $422K | $1.4M | 10x | |
| Aftermath Perps NEARUSD | +0.1141% | 1h | 4.4863 | +0.122% | $6K | $6K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Lighter NEAR
Nado NEAR-PERP
BloFin NEAR-USDT
01 Exchange NEARUSD
Hyperliquid NEAR
GMX NEAR/USD [ETH-USDC]
Arcus NEAR-USD
Lighter RH NEAR
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Aftermath Perps NEARUSD