Funding you earn now, next payment 09:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h +0.092%
Price spread now: Lighter RH against Bybit+0.126%7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs+$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$240.242% of the position
Funding, last 7 days+0.510%+$51 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now +0.126%, 7d avg +0.161%
=Together, before fees+0.543%+ Points / potential airdropLighter RH: Points live · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.035% cheaper against Bybit than usual: you would sell low and buy high (spread +0.126% now, against its 7-day average of +0.161%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NEARUSDT | 4.3660 | 0.0100 | pay 0.0100% / 8h | 7h 32m | $219.8M | $427.3M | 75x |
| Short | Lighter RH NEAR | 4.3715 | 0.0456 | get 0.0057% / 1h | 32m 27s | $1.5M | $6.4M | 10x |
Bybit NEARUSDT
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bybit. 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
- $74.76
- Price spread: +0.126% → +0.161%
- −$3.51
- Slippage, 4 orders
- −$13.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $47.07
- Costs to cover
- 0.242%
- Break-even
- 2.6 days
Slippage from Bybit: live order book, 2 min ago; Lighter RH: 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 Bybit live order book, 2 min ago | 1.15 bp | 10.8 bp −$11 | 15.1 bp −$151 | 37.9 bp −$3,786 | 124.5 bp −$62.3K |
| Sell Lighter RH live order book, 6 min ago | 1.94 bp | 3.2 bp −$3 | 8.1 bp −$81 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0434% | 1h | 4.3500 | −0.367% | $7.2M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3573 | −0.200% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3636 | −0.056% | $107K | $65K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3601 | −0.135% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.153% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3610 | −0.115% | $119K | $503K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3623 | −0.085% | $2.7M | $4.8M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3661 | +0.003% | $263.2M | $1.08B | 75x | as long as short |
| Bybit NEARUSDTlong | +0.0100% | 8h | 4.3660 | long leg | $219.8M | $427.3M | 75x | |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3670 | +0.023% | $61.5M | $294.8M | 50x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.3660 | 0.000% | $222K | $1.5M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3612 | −0.110% | $36.5M | $62.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3610 | −0.115% | $90.3M | $157.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3640 | −0.046% | $52.4M | $45.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3586 | −0.169% | $72.0M | $127.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3708 | +0.109% | $9.0M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3689 | +0.067% | $253K | $895K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3640 | −0.045% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3730 | +0.160% | $165K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3595 | −0.149% | $272K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3699 | +0.089% | $56K | $239K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3600 | −0.137% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3510 | −0.344% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3610 | −0.115% | $3.5M | $8.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3708 | +0.111% | $252K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3659 | −0.003% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3619 | −0.095% | $3.6M | $15.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3694 | +0.078% | $203K | $40K | 3x | as long as short |
| BingX NEAR-USDT | +0.0112% | 8h | 4.3640 | −0.046% | — | $83.2M | — | as long as short |
| Kalshi KXNEARPERP | +0.0144% | 8h | 4.3557 | −0.236% | $862K | $25.4M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0221% | 8h | 4.3610 | −0.115% | $12.6M | $32.3M | 75x | as long as short |
| Hyperliquid NEAR | +0.0234% | 1h | 4.3645 | −0.034% | $352.7M | $316.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0270% | 1h | 4.3595 | −0.149% | $1.7M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.3657 | −0.007% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0256% | 1h | 4.3628 | −0.073% | $256K | — | 100x | as long as short |
| HTX NEAR-USDT | +0.0387% | 8h | 4.3660 | 0.000% | $461K | $3.7M | 75x | as long as short |
| Lighter NEAR | +0.0440% | 1h | 4.3702 | +0.095% | $17.2M | $23.9M | 15x | as long as short |
| Lighter RH NEARshort | +0.0456% | 1h | 4.3715 | +0.126% | $1.5M | $6.4M | 10x | |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3631 | −0.066% | $2.3M | $17.1M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0512% | 1h | 4.3660 | 0.000% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3644 | −0.037% | $590K | $1.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0692% | 1h | 4.3562 | −0.224% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3667 | +0.017% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.3734 | +0.169% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1067% | 1h | 4.3695 | +0.080% | $5K | $7K | 10x | as long as short |
Arcus NEAR-USD
Gate NEAR_USDT
MEXC 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
Phemex NEARUSDT
Bulk NEAR-USD
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
BingX NEAR-USDT
Kalshi KXNEARPERP
BloFin NEAR-USDT
Hyperliquid NEAR
Nado NEAR-PERP
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
Lighter NEAR
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD