Funding you earn now, next payment 02:00 UTC+0.1244%/8h= +136.2% APRnext payment +$1.55 per $10,000 · paid last 24h +0.218%
Price spread now: Lighter against ApeX Omni+0.279%108s7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs+$33as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days+0.737%+$74 on $10k
+Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.279%, 7d avg +0.099%
=Together, before fees+0.521%+ Points / potential airdropLighter: Season 3 · farm board+$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Lighter is 0.180% dearer against ApeX Omni than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.099%. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.737% in total (about 38.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.55 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 | ApeX Omni NEARUSDT | 4.3520 | 0.0100 | pay 0.0013% / 1h | 57m 46s | $194K | $778K | 50x |
| Short | Lighter NEAR | 4.3642 | 0.1344 | get 0.0168% / 1h | 57m 46s | $17.4M | $25.5M | 15x |
ApeX Omni NEARUSDT
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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
- $261.24
- Price spread: +0.279% → +0.099%
- $18.01
- Slippage, 4 orders
- −$30.97
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $238.28
- Costs to cover
- 0.410%
- Break-even
- 0.6 days
Slippage from ApeX Omni: live order book, 6 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 ApeX Omni live order book, 6 min ago | 6.87 bp | 15.6 bp −$16 | 102.6 bp −$1,026 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.87 bp | 3.1 bp −$3 | 16.0 bp −$160 | 80.0 bp −$7,996 | 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 | 4.3605 | +0.194% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.3574 | +0.124% | $2.2M | $14.1M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3547 | +0.061% | $107K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3643 | +0.283% | $555K | $19.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3625 | +0.241% | $197K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.848% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3620 | +0.230% | $114K | $489K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3569 | +0.112% | $411K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3570 | +0.115% | $264.3M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3524 | +0.009% | $219.6M | $416.7M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3480 | −0.092% | $62.1M | $287.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3555 | +0.081% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3615 | +0.218% | $31.4M | $61.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3540 | +0.046% | $75.7M | $139.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3560 | +0.092% | $53.8M | $43.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3502 | −0.041% | $71.4M | $126.0M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3630 | +0.253% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3517 | −0.006% | $8.4M | $18.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3545 | +0.057% | $269K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3541 | +0.047% | $1.4M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDTlong | +0.0100% | 1h | 4.3520 | long leg | $194K | $778K | 50x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3642 | +0.280% | $202K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3652 | +0.303% | $60K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3660 | +0.322% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3645 | +0.287% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3680 | +0.368% | $456K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3630 | +0.253% | $3.8M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3503 | −0.039% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3583 | +0.144% | $3.8M | $18.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3661 | +0.324% | $203K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0184% | 8h | 4.3609 | +0.204% | $3.0M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0348% / S −0.0243% | 1h | 4.3628 | +0.248% | $255K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0392% | 1h | 4.3660 | +0.322% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.3560 | +0.092% | $207K | $1.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0519% | 1h | 4.3611 | +0.209% | $1.9M | $3.1M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0552% | 1h | 4.3666 | +0.335% | $1.9M | $4.3M | 25x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.3584 | +0.147% | $1.8M | $2.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0607% | 1h | 4.3665 | +0.333% | $1.5M | $6.3M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0705% | 1h | 4.3674 | +0.354% | $8.2M | $41.1M | 50x | as long as short |
| Hyperliquid NEAR | +0.0726% | 1h | 4.3633 | +0.260% | $367.3M | $306.3M | 10x | as long as short |
| Lighter RH NEAR | +0.0920% | 1h | 4.3628 | +0.248% | $1.6M | $6.9M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.3652 | +0.303% | $550K | $1.3M | 10x | as long as short |
| Lighter NEARshort | +0.1344% | 1h | 4.3642 | +0.279% | $17.4M | $25.5M | 15x | |
| Aftermath Perps NEARUSD | +0.1705% | 1h | 4.3683 | +0.374% | $5K | $12K | 10x | as long as short |
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
Polymarket Perps NEAR-USD
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
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Arcus NEAR-USD
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Hyperliquid NEAR
Lighter RH NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD