Funding you earn now, next payment 09:00 UTC+0.0464%/8h= +50.8% APRnext payment +$0.58 per $10,000 · paid last 24h +0.234%
Price spread now: Lighter against Aevo−0.231%7-day average +0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs+$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days+0.815%+$82 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.231%, 7d avg +0.154%
=Together, before fees+0.914%+ Points / potential airdropLighter: Season 3 · farm board+$91 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.385% cheaper against Aevo than usual: you would sell low and buy high (spread −0.231% now, against its 7-day average of +0.154%). If the spread goes back, that is −$38 on $10k: about 2.8 days of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo NEAR-PERP | 4.5731 | 0.0104 | pay 0.0013% / 1h | 2m 25s | $213K | $38K | 3x |
| Short | Lighter NEAR | 4.5625 | 0.0568 | get 0.0071% / 1h | 2m 25s | $17.9M | $24.3M | 15x |
Aevo NEAR-PERP
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- $97.44
- Price spread: −0.231% → +0.154%
- −$38.46
- Slippage, 4 orders
- −$46.35
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$3.37
- Costs to cover
- 0.623%
- Break-even
- 7.2 days
Slippage from Aevo: live order book, 31 min ago; Lighter: live order book, 6 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 Aevo live order book, 31 min ago | 10.34 bp | 24.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 3.00 bp | 3.1 bp −$3 | 11.6 bp −$116 | 74.0 bp −$7,401 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0413% | 1h | 4.5727 | −0.007% | $7.5M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.5762 | +0.070% | $2K | — | 20x | as long as short |
| Phemex NEARUSDT | −0.0057% | 8h | 4.5660 | −0.154% | $3.6M | $7.7M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5518 | −0.465% | $111K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5649 | −0.178% | $171K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −9.448% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5520 | −0.461% | $119K | $516K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5520 | −0.461% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5540 | −0.417% | $276.3M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5530 | −0.439% | $237.8M | $434.8M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
Phemex NEARUSDT
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5460 | −0.592% | $64.8M | $310.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.5570 | −0.351% | $238K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5050 | −1.488% | $260K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5513 | −0.476% | $39.1M | $64.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5510 | −0.482% | $85.3M | $167.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5530 | −0.439% | $54.0M | $45.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5472 | −0.566% | $75.1M | $127.5M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.5510 | −0.482% | — | $83.1M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5318 | −0.903% | $9.4M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5430 | −0.657% | $268K | $900K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5537 | −0.424% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5480 | −0.548% | $171K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5525 | −0.450% | $283K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5472 | −0.566% | $59K | $254K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5800 | +0.152% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5710 | −0.045% | $5K | $49K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5513 | −0.476% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERPlong | +0.0104% | 1h | 4.5731 | long leg | $213K | $38K | 3x | |
| Paradex NEAR-USD-PERP | +0.0108% | 8h | 4.5560 | −0.374% | $33K | $413 | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0130% | 8h | 4.5719 | −0.025% | $916K | $25.5M | 2.2x | as long as short |
| Nado NEAR-PERP | +0.0219% | 1h | 4.5535 | −0.428% | $1.8M | $3.2M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5690 | −0.089% | $12.9M | $33.6M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0349% / S −0.0244% | 1h | 4.5660 | −0.155% | $269K | — | 100x | as long as short |
| HTX NEAR-USDT | +0.0372% | 8h | 4.5810 | +0.174% | $482K | $3.8M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0392% | 1h | 4.5524 | −0.452% | $13K | $5K | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.5759 | +0.062% | $2.4M | $18.0M | 50x | as long as short |
| Hyperliquid NEAR | +0.0495% | 1h | 4.5547 | −0.402% | $370.4M | $319.9M | 10x | as long as short |
| Lighter NEARshort | +0.0568% | 1h | 4.5625 | −0.231% | $17.9M | $24.3M | 15x | |
| Lighter RH NEAR | +0.0576% | 1h | 4.5616 | −0.251% | $1.6M | $6.6M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0649% | 1h | 4.5744 | +0.029% | $1.1M | $7.2M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.5686 | −0.097% | $649K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.5586 | −0.317% | $430K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.5702 | −0.063% | $1.7M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1261% | 1h | 4.5321 | −0.895% | $6K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.2267% | 1h | 4.5802 | +0.156% | $2.0M | $13.1M | 25x | as long as short |
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
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
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Extended NEAR-USD
Paradex NEAR-USD-PERP
Kalshi KXNEARPERP
Nado NEAR-PERP
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
01 Exchange NEARUSD
Coinbase International NEAR-PERP-INTX
Hyperliquid NEAR
Lighter RH NEAR
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL