NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.1132%/8h= +123.9% APRnext payment +$1.41 per $10,000 · paid last 24h +0.260%

Price spread now: Lighter against gTrade (Gains Network)−0.500%7-day average +0.178% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$348as in the Price arb table

costs, in and out, $10k−$2802.805% of the position

Long on gTrade (Gains Network)Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.622%+$62 on $10k

Price spread, last 4 days (all we have)+0.469%+$47 · spread now −0.500%, 7d avg +0.178%

Together, before fees+1.091%+ Points / potential airdropLighter: Season 3 · farm board+$109 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.677% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.500% now, against its 7-day average of +0.178%). If the spread goes back, that is −$68 on $10k: about 48 hours of funding at the current rate (+$34 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) NEAR/USD	4.4959	L +0.0004% / S −0.0006%	pay 0.0001% / 1h	6m 39s	$168K	—	150x
Short	Lighter NEAR	4.4734	0.1136	get 0.0142% / 1h	6m 39s	$18.0M	$27.0M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee LighterbpOrdersPrice spread, now −0.500%Rate

Funding earned: $237.67
Price spread: −0.500% → +0.178%: −$67.74
Slippage, 4 orders: −$270.46
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$110.53
Costs to cover: 2.805%
Break-even: 10.3 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 57 min ago; Lighter: live order book, 7 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 gTrade (Gains Network) virtual book (oracle venue), 57 min ago	130.01 bp	135.0 bp −$135	875.9 bp −$8,759	9405.5 bp −$940.5K	doesn't fit
Sell Lighter live order book, 7 min ago	1.89 bp	3.4 bp −$3	15.2 bp −$152	82.9 bp −$8,287	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	4.4874	−0.188%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.4860	−0.220%	$2.2M	$15.5M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4569	−0.868%	$110K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.5042	+0.185%	$538K	$21.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USDlong	L +0.0004% / S −0.0006%	1h	4.4959	long leg	$168K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.893%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4620	−0.753%	$112K	$513K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4641	−0.706%	$426K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4645	−0.698%	$274.0M	$1.11B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4627	−0.738%	$224.2M	$426.7M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4630	−0.731%	$64.0M	$304.6M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.5467	+1.130%	$259K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4606	−0.784%	$32.4M	$65.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4670	−0.642%	$78.6M	$149.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4660	−0.664%	$55.2M	$45.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4637	−0.716%	$73.5M	$130.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4660	−0.664%	—	$146.9M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.5696	+1.640%	$8.8M	$18.3M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.5326	+0.817%	$272K	$976K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.5311	+0.784%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.5320	+0.804%	$174K	$797K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4862	−0.215%	$222K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4923	−0.079%	$57K	$237K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4980	+0.047%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4900	−0.131%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4920	−0.086%	$464K	$4.1M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4890	−0.153%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.4630	−0.731%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4945	−0.030%	$209K	$40K	3x	as long as short
Extended NEAR-USD	+0.0184%	1h	4.4636	−0.717%	$4.1M	$19.4M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4890	−0.153%	$14.2M	$33.7M	75x	as long as short
Aster NEARUSDT	+0.0295%	8h	4.4773	−0.412%	$3.1M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0358% / S −0.0247%	1h	4.4925	−0.075%	$270K	—	100x	as long as short
01 Exchange NEARUSD	+0.0384%	1h	4.4703	−0.569%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.4730	−0.509%	$216K	$1.8M	10x	as long as short
Nado NEAR-PERP	+0.0433%	1h	4.4850	−0.242%	$1.9M	$3.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0530%	1h	4.4925	−0.075%	$2.0M	$4.5M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0553%	1h	4.4817	−0.315%	$1.4M	$6.7M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0686%	1h	4.4926	−0.074%	$8.3M	$41.3M	50x	as long as short
Lighter RH NEAR	+0.0704%	1h	4.4720	−0.531%	$1.6M	$7.2M	10x	as long as short
Hyperliquid NEAR	+0.0787%	1h	4.4735	−0.498%	$373.2M	$323.4M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.5453	+1.099%	$1.9M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.4704	−0.567%	$571K	$1.4M	10x	as long as short
Lighter NEARshort	+0.1136%	1h	4.4734	−0.500%	$18.0M	$27.0M	15x
Aftermath Perps NEARUSD	+0.1601%	1h	4.5331	+0.827%	$6K	$12K	10x	as long as short