NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0452%/8h= +49.5% APRnext payment +$0.56 per $10,000 · paid last 24h +0.114%

Price spread now: Lighter RH against gTrade (Gains Network)−0.034%7-day average +0.142% · 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−$297as in the Price arb table

costs, in and out, $10k−$2802.797% of the position

Long on gTrade (Gains Network)Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.456%+$46 on $10k

Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.034%, 7d avg +0.142%

Together, before fees+0.419%+ Points / potential airdropLighter RH: Points live · farm board+$42 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter RH is 0.176% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.142%). If the spread goes back, that is −$18 on $10k: about 31 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) NEAR/USD	4.3746	L +0.0004% / S −0.0006%	pay 0.0001% / 1h	37m 48s	$164K	—	150x
Short	Lighter RH NEAR	4.3731	0.0456	get 0.0057% / 1h	37m 48s	$1.5M	$6.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.034%Rate

Funding earned: $94.85
Price spread: −0.034% → +0.142%: −$17.65
Slippage, 4 orders: −$269.74
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$202.54
Costs to cover: 2.797%
Break-even: 21.9 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 61 min ago; Lighter RH: live order book, 6 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), 61 min ago	130.01 bp	135.0 bp −$135	875.9 bp −$8,759	9405.5 bp −$940.6K	doesn't fit
Sell Lighter RH live order book, 6 min ago	2.16 bp	2.2 bp −$2	8.0 bp −$80	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
Kraken Futures PF_NEARUSD	−0.0432%	1h	4.3694	−0.118%	$7.2M	$38.7M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3725	−0.049%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3686	−0.137%	$107K	$67K	10x	as long as short
gTrade (Gains Network) NEAR/USDlong	L +0.0004% / S −0.0006%	1h	4.3746	long leg	$164K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.340%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3710	−0.082%	$119K	$504K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3680	−0.151%	$2.7M	$4.8M	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3687	−0.135%	$220.2M	$428.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3670	−0.174%	$61.6M	$295.6M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3720	−0.059%	$221K	$1.5M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3671	−0.171%	$36.4M	$62.1M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3690	−0.128%	$52.5M	$45.5M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3665	−0.185%	$72.0M	$128.0M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3698	−0.110%	$9.0M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3733	−0.029%	$254K	$892K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3832	+0.196%	$1.5M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3750	+0.009%	$165K	$826K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3810	+0.146%	$273K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3726	−0.046%	$56K	$239K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3830	+0.192%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3725	−0.048%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3700	−0.105%	$3.5M	$8.1M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3708	−0.086%	$252K	$3K	10x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3685	−0.140%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3659	−0.199%	$3.6M	$15.7M	25x	as long as short
Binance NEARUSDT	+0.0108%	8h	4.3697	−0.113%	$263.8M	$1.09B	75x	as long as short
MEXC NEAR_USDT	+0.0112%	8h	4.3680	−0.151%	$90.7M	$157.1M	200x	as long as short
Aevo NEAR-PERP	+0.0112%	1h	4.3740	−0.014%	$203K	$40K	3x	as long as short
BingX NEAR-USDT	+0.0121%	8h	4.3680	−0.151%	—	$83.5M	—	as long as short
Kalshi KXNEARPERP	+0.0147%	8h	4.3652	−0.215%	$871K	$25.4M	2.2x	as long as short
Hyperliquid NEAR	+0.0207%	1h	4.3723	−0.053%	$353.3M	$316.2M	10x	as long as short
BloFin NEAR-USDT	+0.0232%	8h	4.3660	−0.197%	$12.5M	$32.3M	75x	as long as short
Nado NEAR-PERP	+0.0272%	1h	4.3700	−0.105%	$1.7M	$3.2M	10x	as long as short
01 Exchange NEARUSD	+0.0320%	1h	4.3740	−0.014%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0351% / S −0.0255%	1h	4.3748	+0.006%	$257K	—	100x	as long as short
HTX NEAR-USDT	+0.0369%	8h	4.3850	+0.238%	$464K	$3.7M	75x	as long as short
Lighter RH NEARshort	+0.0456%	1h	4.3731	−0.034%	$1.5M	$6.4M	10x
Lighter NEAR	+0.0480%	1h	4.3733	−0.029%	$17.3M	$23.9M	15x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3733	−0.030%	$2.3M	$17.2M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0526%	1h	4.3719	−0.062%	$1.1M	$7.2M	20x	as long as short
RISEx NEAR/USDC	+0.0656%	1h	4.3721	−0.056%	$595K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0701%	1h	4.3681	−0.148%	$412K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0740%	1h	4.3911	+0.377%	$1.8M	$2.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0916%	1h	4.3776	+0.069%	$1.9M	$13.1M	25x	as long as short
Aftermath Perps NEARUSD	+0.1059%	1h	4.3821	+0.171%	$5K	$7K	10x	as long as short