Funding you earn now, next payment 02:00 UTC+0.1604%/8h= +175.6% APRpaid last 24h +0.218%
Price spread now: Lighter against edgeX−0.335%7-day average +0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs+$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days+0.735%+$74 on $10k
+Price spread, last 4 days (all we have)+0.312%+$31 · spread now −0.335%, 7d avg +0.170%
=Together, before fees+1.047%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$105 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.506% cheaper against edgeX than usual: you would sell low and buy high (spread −0.335% now, against its 7-day average of +0.170%). If the spread goes back, that is −$51 on $10k: about 25 hours of funding at the current rate (+$48 a day). At the pace of the last 7 days (+0.735% in total) that is about 4.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.735% in total (about 38.3% 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 | edgeX NEARUSDC | 4.3788 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $270K | $1.0M | 20x |
| Short | Lighter NEAR | 4.3641 | 0.1704 | get 0.0213% / 1h | 3m 17s | $17.4M | $25.8M | 15x |
edgeX NEARUSDC
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- $336.84
- Price spread: −0.335% → +0.170%
- −$50.56
- Slippage, 4 orders
- −$25.18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $252.1
- Costs to cover
- 0.342%
- Break-even
- 1.8 days
Slippage from edgeX: live order book, 5 min ago; Lighter: 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 edgeX live order book, 5 min ago | 6.84 bp | 12.0 bp −$12 | 32.6 bp −$326 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 2.19 bp | 4.3 bp −$4 | 15.9 bp −$159 | 90.8 bp −$9,078 | 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 | 4.3588 | −0.457% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3550 | −0.543% | $2.2M | $14.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3601 | −0.426% | $107K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3619 | −0.386% | $560K | $19.6M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3511 | −0.631% | $196K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.431% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3610 | −0.406% | $114K | $487K | 50x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3557 | −0.527% | $8.4M | $18.4M | — | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3621 | −0.380% | $409K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3550 | −0.543% | $264.1M | $1.08B | 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
Variational Omni NEAR
Pacifica NEAR
Binance NEARUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | +0.0100% | 8h | 4.3511 | −0.633% | $219.0M | $417.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3500 | −0.658% | $62.0M | $287.9M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3640 | −0.338% | $208K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3555 | −0.532% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3532 | −0.585% | $31.5M | $63.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3560 | −0.521% | $75.3M | $144.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3550 | −0.543% | $53.8M | $43.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3498 | −0.662% | $71.4M | $126.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3520 | −0.612% | — | $143.6M | — | as long as short |
| edgeX NEARUSDClong | +0.0100% | 4h | 4.3788 | long leg | $270K | $1.0M | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3556 | −0.529% | $1.4M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3780 | −0.018% | $199K | $774K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3644 | −0.329% | $207K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3545 | −0.555% | $60K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3640 | −0.338% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3530 | −0.589% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3700 | −0.201% | $456K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3540 | −0.566% | $3.8M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3592 | −0.447% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3496 | −0.668% | $3.8M | $18.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3553 | −0.537% | $203K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0180% | 8h | 4.3606 | −0.415% | $3.0M | $5.6M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0217% | 1h | 4.3542 | −0.561% | $7.7M | $40.7M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0347% / S −0.0242% | 1h | 4.3513 | −0.628% | $255K | — | 100x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0347% | 1h | 4.3556 | −0.530% | $1.9M | $4.3M | 25x | as long as short |
| 01 Exchange NEARUSD | +0.0408% | 1h | 4.3646 | −0.324% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0424% | 1h | 4.3597 | −0.435% | $1.9M | $3.1M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3642 | −0.332% | $547K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.3816 | +0.064% | $1.8M | $2.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0792% | 1h | 4.3597 | −0.436% | $1.6M | $7.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0819% | 1h | 4.3548 | −0.548% | $1.5M | $6.3M | 20x | as long as short |
| Hyperliquid NEAR | +0.0864% | 1h | 4.3635 | −0.349% | $367.3M | $305.9M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1646% | 1h | 4.3712 | −0.173% | $5K | $12K | 10x | as long as short |
| Lighter NEARshort | +0.1704% | 1h | 4.3641 | −0.335% | $17.4M | $25.8M | 15x |
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
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
Aster NEARUSDT
Kraken Futures PF_NEARUSD
GMX NEAR/USD [ETH-USDC]
Deribit NEAR_USDC-PERPETUAL
01 Exchange NEARUSD
Nado NEAR-PERP
RISEx NEAR/USDC
Phoenix NEAR
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Aftermath Perps NEARUSD