Funding you earn now, next payment 23:00 UTC−0.0463%/8h= −50.7% APRpaid last 24h +0.114%
Price spread now: Lighter against HTX+0.052%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 3 days (all we have)−0.304%−$30 · spread now +0.052%, 7d avg −0.074%
=Together, before fees−0.130%+ Points / potential airdropLighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.126% dearer against HTX than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of −0.074%): +$13 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 7 days funding on this pair paid +0.174%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.174% in total (about 9.1% 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 | HTX NEAR-USDT | 4.1750 | 0.0975 | pay 0.0975% / 8h | 1h 29m | $446K | $3.6M | 75x |
| Short | Lighter NEAR | 4.1772 | 0.0512 | get 0.0064% / 1h | 29m 36s | $15.9M | $23.3M | 15x |
HTX NEAR-USDT
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. 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
- −$97.26
- Price spread: +0.052% → −0.074%
- $12.58
- Slippage, 4 orders
- −$23.57
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$120.26
- Costs to cover
- 0.356%
- Break-even
- never at this rate
Slippage from HTX: 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 HTX live order book, 4 min ago | 7.16 bp | 16.6 bp −$17 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.22 bp | 3.1 bp −$3 | 23.0 bp −$230 | 78.4 bp −$7,840 | 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 | 4.1665 | −0.204% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.1664 | −0.206% | $2.1M | $12.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −0.814% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1683 | −0.160% | $108K | $58K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1670 | −0.192% | $429K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1693 | −0.136% | $206K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0049% | 1h | 4.1687 | −0.151% | $7.6M | $36.8M | 50x | as long as short |
| Lighter RH NEAR | +0.0096% | 1h | 4.1717 | −0.079% | $1.5M | $6.9M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0096% | 1h | 4.1707 | −0.103% | $12K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1690 | −0.144% | $111K | $482K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1656 | −0.225% | $53K | $158K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1676 | −0.176% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1660 | −0.216% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1696 | −0.128% | $360K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1685 | −0.155% | $238.3M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1670 | −0.192% | $212.6M | $423.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1670 | −0.192% | $57.4M | $275.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1680 | −0.168% | $240K | $1.7M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1684 | −0.158% | $29.8M | $57.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1690 | −0.144% | $81.9M | $141.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1700 | −0.120% | $54.9M | $44.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1684 | −0.158% | $69.0M | $125.4M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.1680 | −0.168% | — | $136.9M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1650 | −0.240% | $7.7M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1758 | +0.020% | $238K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1831 | +0.194% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1730 | −0.048% | $174K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1702 | −0.115% | $204K | $3.2M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1740 | −0.024% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1657 | −0.223% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1650 | −0.240% | $3.8M | $8.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1600 | −0.359% | $237K | $2K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1663 | −0.209% | $3.8M | $14.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1650 | −0.240% | $201K | $62K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1560 | −0.455% | $12.2M | $31.6M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0230% | 1h | 4.1690 | −0.144% | $1.8M | $2.2M | 25x | as long as short |
| Hyperliquid NEAR | +0.0338% | 1h | 4.1717 | −0.079% | $352.2M | $298.9M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.1701 | −0.117% | $410K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0381% / S −0.0328% | 1h | 4.1695 | −0.133% | $281K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0433% | 1h | 4.1698 | −0.125% | $1.2M | $5.7M | 20x | as long as short |
| Lighter NEARshort | +0.0512% | 1h | 4.1772 | +0.052% | $15.9M | $23.3M | 15x | |
| Phoenix NEAR | +0.0542% | 1h | 4.1800 | +0.120% | $1.7M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0544% | 1h | 4.1674 | −0.182% | $1.8M | $3.5M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0853% | 1h | 4.1752 | +0.005% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDTlong | +0.0975% | 8h | 4.1750 | long leg | $446K | $3.6M | 75x |
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Phoenix NEAR
Nado NEAR-PERP
Aftermath Perps NEARUSD