NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0684%/8h= +74.9% APRnext payment +$0.86 per $10,000 · paid last 24h +0.036%

Price spread now: Lighter RH against Bulk+0.250%7-day average +0.127% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$360.355% of the position

Long on Bulk Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.319%+$32 on $10k

Price spread, last 4 days (all we have)−0.370%−$37 · spread now +0.250%, 7d avg +0.127%

Together, before fees−0.052%+ Points / potential airdropLighter RH: Points live · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Lighter RH is 0.123% dearer against Bulk than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.127%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk NEAR-USD	4.3555	0.0100	pay 0.0013% / 1h	1m 00s	$248K	−$0	10x
Short	Lighter RH NEAR	4.3664	0.0784	get 0.0098% / 1h	1m 00s	$1.6M	$7.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bulk. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BulkbpFee Lighter RHbpOrdersPrice spread, now +0.250%Rate

Funding earned: $143.64
Price spread: +0.250% → +0.127%: $12.35
Slippage, 4 orders: −$28.51
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $120.47
Costs to cover: 0.355%
Break-even: 1.1 days

Slippage from Bulk: live order book, 3 min ago; Lighter RH: live order book, 3 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 Bulk live order book, 3 min ago	11.45 bp	15.0 bp −$15	15.0 bp −$150	26.3 bp −$2,628	54.7 bp −$27.4K
Sell Lighter RH live order book, 3 min ago	2.29 bp	3.1 bp −$3	9.3 bp −$93	doesn't fit	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	4.3477	−0.179%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3541	−0.032%	$2.2M	$14.2M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3501	−0.123%	$107K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3522	−0.076%	$553K	$19.6M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3520	−0.081%	$196K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.925%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3510	−0.103%	$114K	$487K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3526	−0.068%	$408K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3510	−0.103%	$263.8M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3476	−0.182%	$218.8M	$416.8M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3460	−0.218%	$61.9M	$287.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3550	−0.012%	$207K	$1.7M	10x	as long as short
Bulk NEAR-USDlong	+0.0100%	1h	4.3555	long leg	$248K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.3478	−0.177%	$31.4M	$63.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3500	−0.126%	$75.7M	$145.0M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3500	−0.126%	$53.7M	$43.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3471	−0.193%	$71.4M	$126.0M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3490	−0.149%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3517	−0.087%	$8.4M	$18.3M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3594	+0.090%	$269K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3541	−0.033%	$1.4M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3590	+0.080%	$196K	$775K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3519	−0.083%	$204K	$3.6M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3539	−0.037%	$60K	$190K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3540	−0.035%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3595	+0.092%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3640	+0.195%	$455K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3590	+0.080%	$3.8M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3483	−0.166%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3458	−0.223%	$3.8M	$18.6M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3545	−0.023%	$203K	$34K	3x	as long as short
Aster NEARUSDT	+0.0177%	8h	4.3527	−0.065%	$3.0M	$5.6M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0217%	1h	4.3607	+0.119%	$7.7M	$40.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0347% / S −0.0242%	1h	4.3518	−0.084%	$254K	—	100x	as long as short
01 Exchange NEARUSD	+0.0408%	1h	4.3554	−0.002%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0425%	1h	4.3474	−0.186%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3551	−0.010%	$548K	$1.3M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0554%	1h	4.3589	+0.078%	$1.9M	$4.3M	25x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3584	+0.066%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEARshort	+0.0784%	1h	4.3664	+0.250%	$1.6M	$7.1M	10x
Backpack NEAR_USDC_PERP	+0.0803%	1h	4.3578	+0.053%	$1.5M	$6.3M	20x	as long as short
Hyperliquid NEAR	+0.0860%	1h	4.3582	+0.062%	$366.8M	$306.1M	10x	as long as short
Aftermath Perps NEARUSD	+0.1664%	1h	4.3639	+0.193%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1696%	1h	4.3651	+0.221%	$17.4M	$25.8M	15x	as long as short