Funding you earn now, next payment 09:00 UTC+0.0392%/8h= +42.9% APRnext payment +$0.49 per $10,000 · paid last 24h +0.221%
Price spread now: Lighter against Extended+0.192%7-day average +0.219% · you sell dearer than you buy
Net, funding: paid 7d − costs+$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$300.300% of the position
Funding, last 7 days+0.820%+$82 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.192%, 7d avg +0.219%
=Together, before fees+0.773%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$77 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.027% cheaper against Extended than usual: you would sell low and buy high (spread +0.192% now, against its 7-day average of +0.219%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NEAR-USD | 4.4030 | 0.0104 | pay 0.0013% / 1h | 45m 03s | $3.7M | $15.9M | 25x |
| Short | Lighter NEAR | 4.4115 | 0.0496 | get 0.0062% / 1h | 45m 03s | $17.4M | $23.8M | 15x |
Extended NEAR-USD
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- $82.32
- Price spread: +0.192% → +0.219%
- −$2.72
- Slippage, 4 orders
- −$25.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $49.58
- Costs to cover
- 0.300%
- Break-even
- 2.8 days
Slippage from Extended: live order book, 4 min ago; Lighter: 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 Extended live order book, 4 min ago | 0.34 bp | 3.7 bp −$4 | 10.2 bp −$102 | 507.1 bp −$50.7K | doesn't fit |
| Sell Lighter live order book, 4 min ago | 3.93 bp | 11.5 bp −$12 | 32.3 bp −$323 | 96.0 bp −$9,603 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex NEARUSDT | −0.0787% | 8h | 4.4050 | +0.045% | $3.6M | $8.2M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0429% | 1h | 4.4043 | +0.028% | $7.3M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4054 | +0.053% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4063 | +0.073% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4003 | −0.063% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.951% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4060 | +0.067% | $119K | $509K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4060 | +0.067% | $2.8M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4071 | +0.092% | $224.3M | $430.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4020 | −0.023% | $62.1M | $299.5M | 50x | as long as short |
Phemex NEARUSDT
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Bybit 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 | 4.4070 | +0.090% | $222K | $1.5M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | −0.637% | $252K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4036 | +0.013% | $36.6M | $61.9M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4050 | +0.045% | $53.0M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4036 | +0.013% | $72.6M | $128.3M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4208 | +0.403% | $9.1M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3658 | −0.845% | $253K | $895K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3670 | −0.818% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4050 | +0.045% | $168K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4040 | +0.022% | $275K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4066 | +0.081% | $59K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4080 | +0.113% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4055 | +0.056% | $5K | $50K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.4029 | −0.003% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USDlong | +0.0104% | 1h | 4.4030 | long leg | $3.7M | $15.9M | 25x | |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.4055 | +0.056% | $205K | $40K | 3x | as long as short |
| MEXC NEAR_USDT | +0.0121% | 8h | 4.4050 | +0.045% | $92.5M | $155.2M | 200x | as long as short |
| Binance NEARUSDT | +0.0122% | 8h | 4.4059 | +0.064% | $265.6M | $1.09B | 75x | as long as short |
| BingX NEAR-USDC | +0.0132% | 8h | 4.4050 | +0.045% | — | $6.7M | — | as long as short |
| Kalshi KXNEARPERP | +0.0151% | 8h | 4.4137 | +0.242% | $880K | $25.4M | 2.2x | as long as short |
| Hyperliquid NEAR | +0.0169% | 1h | 4.4082 | +0.117% | $356.2M | $318.5M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0242% | 8h | 4.4110 | +0.181% | $12.7M | $32.7M | 75x | as long as short |
| Nado NEAR-PERP | +0.0251% | 1h | 4.4074 | +0.100% | $1.7M | $3.2M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0296% | 1h | 4.4088 | +0.131% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0350% / S −0.0252% | 1h | 4.4018 | −0.028% | $258K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0432% | 1h | 4.4115 | +0.192% | $1.5M | $6.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0444% | 8h | 4.4180 | +0.340% | $467K | $3.8M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.4150 | +0.272% | $2.3M | $17.3M | 50x | as long as short |
| Lighter NEARshort | +0.0496% | 1h | 4.4115 | +0.192% | $17.4M | $23.8M | 15x | |
| Backpack NEAR_USDC_PERP | +0.0596% | 1h | 4.4071 | +0.092% | $1.1M | $7.2M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0613% | 1h | 4.4082 | +0.117% | $1.9M | $13.1M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.4055 | +0.055% | $601K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.4141 | +0.250% | $416K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.4222 | +0.435% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1055% | 1h | 4.3884 | −0.332% | $5K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
Gate 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
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
MEXC NEAR_USDT
Binance NEARUSDT
BingX NEAR-USDC
Kalshi KXNEARPERP
Hyperliquid NEAR
BloFin NEAR-USDT
Nado NEAR-PERP
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
HTX NEAR-USDT
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD