Funding you earn now, next payment 08:00 UTC+0.0427%/8h= +46.8% APRpaid last 24h +0.036%
Price spread now: Lighter RH against BloFin+0.130%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.224% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 4 days (all we have)+0.095%+$10 · spread now +0.130%, 7d avg +0.134%
=Together, before fees+0.353%+ Points / potential airdropLighter RH: Points live · farm board+$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.134%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.258% in total (about 13.4% 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 | BloFin NEAR-USDT | 4.3130 | 0.0333 | pay 0.0333% / 8h | 59m 19s | $13.4M | $31.9M | 75x |
| Short | Lighter RH NEAR | 4.3186 | 0.0760 | get 0.0095% / 1h | 59m 19s | $1.5M | $6.6M | 10x |
BloFin NEAR-USDT
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against BloFin. 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
- $89.77
- Price spread: +0.130% → +0.134%
- −$0.38
- Slippage, 4 orders
- −$10.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $66.96
- Costs to cover
- 0.224%
- Break-even
- 1.8 days
Slippage from BloFin: live order book, 5 min ago; Lighter RH: live order book, 4 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 BloFin live order book, 5 min ago | 2.31 bp | 8.3 bp −$8 | 10.5 bp −$105 | 34.4 bp −$3,436 | 80.5 bp −$40.3K |
| Sell Lighter RH live order book, 4 min ago | 1.62 bp | 2.2 bp −$2 | 10.8 bp −$108 | 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 | 4.3134 | +0.009% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3156 | +0.061% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3134 | +0.009% | $161K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3115 | −0.036% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.988% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3150 | +0.046% | $105K | $492K | 50x | as long as short |
| Nado NEAR-PERP | +0.0100% | 1h | 4.3165 | +0.082% | $1.6M | $3.2M | 10x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3108 | −0.051% | $217.9M | $431.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3080 | −0.116% | $60.7M | $289.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3150 | +0.047% | $246K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Nado NEAR-PERP
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3137 | +0.016% | $35.1M | $61.5M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3170 | +0.093% | $52.3M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3143 | +0.030% | $71.4M | $128.6M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3137 | +0.017% | $8.6M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3156 | +0.061% | $250K | $907K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3153 | +0.054% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3150 | +0.046% | $163K | $804K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3175 | +0.104% | $278K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3169 | +0.090% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3250 | +0.278% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3135 | +0.012% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3300 | +0.394% | $458K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3180 | +0.116% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0103% | 8h | 4.3193 | +0.145% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3134 | +0.008% | $3.6M | $17.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0136% | 1h | 4.3165 | +0.081% | $201K | $38K | 3x | as long as short |
| BingX NEAR-USDC | +0.0203% | 8h | 4.3150 | +0.046% | — | $6.7M | — | as long as short |
| MEXC NEAR_USDT | +0.0212% | 8h | 4.3150 | +0.046% | $76.0M | $147.7M | 200x | as long as short |
| Binance NEARUSDT | +0.0213% | 8h | 4.3150 | +0.046% | $262.2M | $1.09B | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0213% | 8h | 4.3161 | +0.072% | $945K | $25.1M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0247% | 8h | 4.3120 | −0.023% | $2.7M | $4.8M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0313% / S −0.0201% | 1h | 4.3131 | +0.003% | $231K | — | 100x | as long as short |
| BloFin NEAR-USDTlong | +0.0333% | 8h | 4.3130 | long leg | $13.4M | $31.9M | 75x | |
| Backpack NEAR_USDC_PERP | +0.0396% | 1h | 4.3212 | +0.190% | $1.3M | $6.9M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0416% | 1h | 4.3204 | +0.172% | $13K | $7K | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3190 | +0.139% | $2.3M | $16.5M | 50x | as long as short |
| Hyperliquid NEAR | +0.0533% | 1h | 4.3189 | +0.137% | $350.7M | $315.0M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0701% | 1h | 4.3176 | +0.107% | $1.9M | $13.0M | 25x | as long as short |
| Lighter NEAR | +0.0728% | 1h | 4.3203 | +0.169% | $17.0M | $24.8M | 15x | as long as short |
| Lighter RH NEARshort | +0.0760% | 1h | 4.3186 | +0.130% | $1.5M | $6.6M | 10x | |
| Arcus NEAR-USD | +0.0880% | 1h | 4.3190 | +0.139% | $227K | $1.6M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3177 | +0.108% | $654K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.3312 | +0.422% | $1.8M | $2.3M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.3161 | +0.072% | $406K | $1.5M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1290% | 1h | 4.3299 | +0.391% | $5K | $12K | 10x | as long as short |
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
BingX NEAR-USDC
MEXC NEAR_USDT
Binance NEARUSDT
Kalshi KXNEARPERP
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Coinbase International NEAR-PERP-INTX
Hyperliquid NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Arcus NEAR-USD
RISEx NEAR/USDC
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD