Funding you earn now, next payment 03:00 UTC+0.0748%/8h= +81.9% APRpaid last 24h +0.044%
Price spread now: Lighter RH against Bitget+0.140%7-day average +0.167% · you sell dearer than you buy
Net, funding: paid 7d − costs+$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 7 days+0.476%+$48 on $10k
+Price spread, last 7 days−0.081%−$8 · spread now +0.140%, 7d avg +0.167%
=Together, before fees+0.395%+ Points / potential airdropLighter RH: Points live · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.027% cheaper against Bitget than usual: you would sell low and buy high (spread +0.140% now, against its 7-day average of +0.167%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.476% in total) that is about 10 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.476% in total (about 24.8% a year). A funding rate is set anew for every payment. 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 | Bitget NEARUSDT | 4.4387 | 0.0100 | pay 0.0100% / 8h | 5h 33m | $73.2M | $126.7M | 75x |
| Short | Lighter RH NEAR | 4.4449 | 0.0848 | get 0.0106% / 1h | 33m 40s | $1.6M | $6.9M | 10x |
Bitget NEARUSDT
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bitget. 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
- $157.08
- Price spread: +0.140% → +0.167%
- −$2.69
- Slippage, 4 orders
- −$17.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $124.74
- Costs to cover
- 0.296%
- Break-even
- 1.4 days
Slippage from Bitget: live order book, 5 min ago; Lighter RH: live order book, 5 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 Bitget live order book, 5 min ago | 0.23 bp | 11.7 bp −$12 | 12.5 bp −$125 | 26.8 bp −$2,678 | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 2.62 bp | 4.1 bp −$4 | 10.1 bp −$101 | 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 | 4.4469 | +0.185% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4482 | +0.214% | $2.2M | $14.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4384 | −0.007% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4474 | +0.196% | $656K | $19.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.4439 | +0.117% | $201K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.707% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4480 | +0.210% | $116K | $488K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4420 | +0.074% | $419K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4436 | +0.110% | $269.4M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4461 | +0.167% | $224.0M | $418.7M | 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 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4400 | +0.029% | $63.4M | $293.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4421 | +0.076% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4435 | +0.108% | $32.0M | $62.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4450 | +0.142% | $77.2M | $142.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4480 | +0.210% | $56.1M | $44.2M | 75x | as long as short |
| Bitget NEARUSDTlong | +0.0100% | 8h | 4.4387 | long leg | $73.2M | $126.7M | 75x | |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4330 | −0.128% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4296 | −0.204% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3985 | −0.905% | $264K | $987K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4104 | −0.637% | $1.5M | $1.4M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4526 | +0.313% | $213K | $3.7M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4472 | +0.191% | $61K | $195K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4540 | +0.345% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4472 | +0.191% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4580 | +0.435% | $464K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4450 | +0.142% | $3.9M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4416 | +0.065% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4390 | +0.007% | $3.8M | $18.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4484 | +0.219% | $207K | $34K | 3x | as long as short |
| ApeX Omni NEARUSDT | +0.0186% | 1h | 4.3960 | −0.962% | $200K | $779K | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4560 | +0.390% | $13.8M | $31.6M | 75x | as long as short |
| Aster NEARUSDT | +0.0238% | 8h | 4.4452 | +0.146% | $3.0M | $5.4M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0245% | 1h | 4.4435 | +0.108% | $261K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0382% | 1h | 4.4465 | +0.176% | $1.9M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0408% | 1h | 4.4529 | +0.320% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4490 | +0.232% | $212K | $1.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0492% | 1h | 4.4486 | +0.223% | $2.0M | $4.4M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0687% | 1h | 4.4521 | +0.302% | $1.4M | $6.6M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0692% | 1h | 4.4490 | +0.233% | $8.3M | $41.0M | 50x | as long as short |
| Hyperliquid NEAR | +0.0809% | 1h | 4.4439 | +0.117% | $374.1M | $305.1M | 10x | as long as short |
| Lighter RH NEARshort | +0.0848% | 1h | 4.4449 | +0.140% | $1.6M | $6.9M | 10x | |
| Phoenix NEAR | +0.0855% | 1h | 4.4143 | −0.550% | $1.8M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4507 | +0.269% | $563K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.1448% | 1h | 4.4475 | +0.198% | $17.8M | $25.8M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1696% | 1h | 4.4151 | −0.533% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
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
ApeX Omni NEARUSDT
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
01 Exchange NEARUSD
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD