NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0488%/8h= +53.4% APRnext payment +$0.61 per $10,000 · paid last 24h +0.110%

Price spread now: Lighter RH against dYdX+0.148%7-day average +0.157% · you sell dearer than you buy

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$810.812% of the position

Long on dYdX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.666%+$67 on $10k

Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.148%, 7d avg +0.157%

Together, before fees+0.680%+ Points / potential airdropLighter RH: Points live · farm board+$68 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.157%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX NEAR-USD	4.3751	0	get 0.0000% / 1h	8m 23s	$108K	$68K	10x
Short	Lighter RH NEAR	4.3816	0.0488	get 0.0061% / 1h	8m 23s	$1.5M	$6.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against dYdX. 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 dYdXbpFee Lighter RHbpOrdersPrice spread, now +0.148%Rate

Funding earned: $102.48
Price spread: +0.148% → +0.157%: −$0.83
Slippage, 4 orders: −$71.19
Fee dYdX: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $20.47
Costs to cover: 0.812%
Break-even: 5.6 days

Slippage from dYdX: live order book, 30 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 dYdX live order book, 30 min ago	28.93 bp	40.6 bp −$41	100.1 bp −$1,001	210.3 bp −$21.0K	681.3 bp −$340.6K
Sell Lighter RH live order book, 5 min ago	2.64 bp	3.8 bp −$4	9.7 bp −$97	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	4.3770	+0.044%	$2K	—	20x	as long as short
dYdX NEAR-USDlong	0.0000%	1h	4.3751	long leg	$108K	$68K	10x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3787	+0.081%	$164K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0016%	1h	4.3682	−0.158%	$7.3M	$38.6M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.351%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3810	+0.135%	$113K	$498K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3797	+0.105%	$221.3M	$428.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3790	+0.089%	$61.4M	$296.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3750	−0.002%	$249K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3776	+0.057%	$35.9M	$63.0M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NEARUSDTM	+0.0100%	8h	4.3830	+0.180%	$53.1M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3786	+0.080%	$72.4M	$127.8M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3490	−0.598%	$8.9M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3477	−0.627%	$252K	$894K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3514	−0.542%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3440	−0.711%	$166K	$816K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3807	+0.128%	$278K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3815	+0.146%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3740	−0.025%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3680	−0.162%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3670	−0.185%	$3.6M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3762	+0.024%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3784	+0.074%	$3.6M	$16.6M	25x	as long as short
Aster NEARUSDT	+0.0119%	8h	4.3785	+0.078%	$2.7M	$4.8M	50x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.3810	+0.135%	$204K	$38K	3x	as long as short
Hyperliquid NEAR	+0.0137%	1h	4.3823	+0.164%	$353.8M	$315.5M	10x	as long as short
MEXC NEAR_USDT	+0.0154%	8h	4.3780	+0.066%	$90.8M	$154.2M	200x	as long as short
HTX NEAR-USDT	+0.0155%	8h	4.3820	+0.158%	$466K	$3.8M	75x	as long as short
Binance NEARUSDT	+0.0155%	8h	4.3812	+0.139%	$265.3M	$1.09B	75x	as long as short
BingX NEAR-USDC	+0.0171%	8h	4.3800	+0.112%	—	$6.6M	—	as long as short
Kalshi KXNEARPERP	+0.0173%	8h	4.3654	−0.222%	$970K	$25.0M	2.2x	as long as short
01 Exchange NEARUSD	+0.0232%	1h	4.3855	+0.238%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0275%	8h	4.3680	−0.162%	$13.3M	$32.2M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0341% / S −0.0240%	1h	4.3791	+0.091%	$255K	—	100x	as long as short
Nado NEAR-PERP	+0.0362%	1h	4.3761	+0.022%	$1.7M	$3.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0461%	1h	4.3771	+0.046%	$1.1M	$7.1M	20x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3753	+0.004%	$2.3M	$17.0M	50x	as long as short
Lighter RH NEARshort	+0.0488%	1h	4.3816	+0.148%	$1.5M	$6.7M	10x
Lighter NEAR	+0.0536%	1h	4.3825	+0.169%	$17.3M	$25.4M	15x	as long as short
Arcus NEAR-USD	+0.0638%	1h	4.3810	+0.135%	$229K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3788	+0.083%	$413K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3782	+0.071%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3817	+0.150%	$607K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1079%	1h	4.3698	−0.121%	$1.9M	$13.1M	25x	as long as short
Aftermath Perps NEARUSD	+0.1100%	1h	4.3632	−0.271%	$5K	$7K	10x	as long as short