Funding you earn now, next payment 06:00 UTC+0.1028%/8h= +112.6% APRpaid last 24h +0.065%
Price spread now: Lighter RH against edgeX−0.080%7-day average +0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs+$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$330.330% of the position
Funding, last 7 days+0.440%+$44 on $10k
+Price spread, last 7 days+0.219%+$22 · spread now −0.080%, 7d avg +0.143%
=Together, before fees+0.659%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board+$66 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.223% cheaper against edgeX than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.143%). If the spread goes back, that is −$22 on $10k: about 17 hours of funding at the current rate (+$31 a day). At the pace of the last 7 days (+0.440% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.440% in total (about 23.0% 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 | 4.2962 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $259K | $958K | 20x |
| Short | Lighter RH NEAR | 4.2928 | 0.1128 | get 0.0141% / 1h | 29m 11s | $1.4M | $7.4M | 10x |
edgeX NEARUSDC
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $215.88
- Price spread: −0.080% → +0.143%
- −$22.28
- Slippage, 4 orders
- −$24.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $160.58
- Costs to cover
- 0.330%
- Break-even
- 1.8 days
Slippage from edgeX: live order book, 10 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 edgeX live order book, 10 min ago | 6.99 bp | 13.0 bp −$13 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 2.44 bp | 3.2 bp −$3 | 10.3 bp −$103 | 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 | 4.3004 | +0.097% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2937 | −0.058% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2936 | −0.062% | $161K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.613% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3020 | +0.135% | $113K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2920 | −0.098% | $262.4M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2838 | −0.289% | $213.6M | $420.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2850 | −0.261% | $60.4M | $284.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2997 | +0.082% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2947 | −0.035% | $32.4M | $60.0M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2890 | −0.168% | $75.9M | $143.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2970 | +0.018% | $51.9M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2852 | −0.256% | $70.9M | $127.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2860 | −0.238% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2878 | −0.195% | $8.1M | $18.0M | — | as long as short |
| edgeX NEARUSDClong | +0.0100% | 4h | 4.2962 | long leg | $259K | $958K | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2943 | −0.045% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3027 | +0.151% | $263K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2972 | +0.023% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3110 | +0.344% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3070 | +0.251% | $466K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2920 | −0.098% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.2957 | −0.012% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2980 | +0.041% | $200K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2920 | −0.098% | $13.2M | $31.6M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3035 | +0.170% | $2.3M | $15.8M | 50x | as long as short |
| Kalshi KXNEARPERP | +0.0262% | 8h | 4.3002 | +0.093% | $869K | $24.6M | 2.2x | as long as short |
| ApeX Omni NEARUSDT | +0.0263% | 1h | 4.2960 | −0.005% | $165K | $795K | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0311% / S −0.0198% | 1h | 4.2931 | −0.073% | $232K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0335% | 8h | 4.2910 | −0.121% | $2.8M | $5.3M | 50x | as long as short |
| Nado NEAR-PERP | +0.0376% | 1h | 4.3000 | +0.089% | $1.7M | $3.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0536% | 1h | 4.2916 | −0.108% | $3.7M | $19.7M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0572% | 1h | 4.2925 | −0.087% | $6K | $53K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0660% | 1h | 4.2884 | −0.182% | $1.3M | $6.7M | 20x | as long as short |
| Hyperliquid NEAR | +0.0690% | 1h | 4.3026 | +0.149% | $351.7M | $310.3M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0737% | 1h | 4.2919 | −0.101% | $7.4M | $38.9M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0752% | 1h | 4.3093 | +0.305% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3050 | +0.204% | $216K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.2975 | +0.029% | $394K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.0928% | 1h | 4.2933 | −0.068% | $16.8M | $25.1M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3089 | +0.295% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEARshort | +0.1128% | 1h | 4.2928 | −0.080% | $1.4M | $7.4M | 10x | |
| Deribit NEAR_USDC-PERPETUAL | +0.1171% | 1h | 4.2974 | +0.028% | $1.9M | $11.0M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3046 | +0.196% | $684K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1362% | 1h | 4.2977 | +0.034% | $5K | $12K | 10x | as long as short |
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
ApeX Omni NEARUSDT
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Nado NEAR-PERP
Extended NEAR-USD
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Aftermath Perps NEARUSD