Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.041%
Price spread now: Lighter RH against HTX−0.016%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$440.445% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now −0.016%, 7d avg −0.096%
=Together, before fees−0.251%+ Points / potential airdropLighter RH: Points live · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.080% dearer against HTX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.096%. Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NEAR-USDT | 4.4540 | 0.0100 | pay 0.0100% / 8h | 5h 27m | $466K | $3.6M | 75x |
| Short | Lighter RH NEAR | 4.4533 | 0.0200 | get 0.0025% / 1h | 27m 20s | $1.5M | $5.9M | 10x |
HTX NEAR-USDT
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $21
- Price spread: −0.016% → −0.096%
- $8.02
- Slippage, 4 orders
- −$32.47
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$15.45
- Costs to cover
- 0.445%
- Break-even
- 12.2 days
Slippage from HTX: live order book, 5 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 HTX live order book, 5 min ago | 7.86 bp | 15.3 bp −$15 | 42.0 bp −$420 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.80 bp | 1.8 bp −$2 | 14.4 bp −$144 | doesn't fit | doesn't fit |
NEAR on 45 exchanges
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 | −0.0238% | 1h | 4.4442 | −0.221% | $7.3M | $36.9M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4410 | −0.293% | $2K | — | 20x | as long as short |
| 01 Exchange NEARUSD | −0.0008% | 1h | 4.4451 | −0.200% | $13K | $4K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4463 | −0.173% | $748K | $26.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4466 | −0.166% | $167K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.027% | $578 | $301K | 12x | as long as short |
| dYdX NEAR-USD | +0.0037% | 1h | 4.4434 | −0.237% | $109K | $53K | 10x | as long as short |
| Lighter NEAR | +0.0096% | 1h | 4.4537 | −0.008% | $16.9M | $24.8M | 15x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4440 | −0.225% | $122K | $502K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4430 | −0.246% | $2.7M | $4.8M | 50x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
01 Exchange NEARUSD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
dYdX NEAR-USD
Lighter NEAR
Popdex NEARUSDT
Aster NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.4440 | −0.225% | $267.3M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4404 | −0.305% | $228.4M | $428.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4400 | −0.314% | $63.5M | $296.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4650 | +0.247% | $266K | $13K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4410 | −0.292% | $39.7M | $62.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4430 | −0.247% | $71.7M | $169.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4450 | −0.202% | $54.1M | $44.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4391 | −0.335% | $74.0M | $127.3M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4420 | −0.269% | — | $75.2M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4475 | −0.147% | $8.7M | $16.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4388 | −0.341% | $263K | $862K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4462 | −0.175% | $1.5M | $1.8M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4380 | −0.359% | $165K | $808K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4435 | −0.236% | $206K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4401 | −0.312% | $55K | $273K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4550 | +0.022% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4475 | −0.146% | $5K | $34K | 10x | as long as short |
| HTX NEAR-USDTlong | +0.0100% | 8h | 4.4540 | long leg | $466K | $3.6M | 75x | |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4480 | −0.135% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4449 | −0.204% | $32K | $389 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4440 | −0.224% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4404 | −0.305% | $206K | $38K | 3x | as long as short |
| Hyperliquid NEAR | +0.0111% | 1h | 4.4452 | −0.198% | $357.5M | $313.7M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0191% / S −0.0034% | 1h | 4.4368 | −0.386% | $239K | — | 100x | as long as short |
| Lighter RH NEARshort | +0.0200% | 1h | 4.4533 | −0.016% | $1.5M | $5.9M | 10x | |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4380 | −0.359% | $12.7M | $32.4M | 75x | as long as short |
| Nado NEAR-PERP | +0.0262% | 1h | 4.4455 | −0.191% | $1.8M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.4470 | −0.157% | $224K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.4453 | −0.196% | $637K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.4521 | −0.043% | $2.3M | $17.4M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0539% | 1h | 4.4518 | −0.049% | $1.1M | $7.1M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0717% | 1h | 4.4516 | −0.054% | $1.9M | $13.0M | 25x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.4450 | −0.202% | $1.7M | $2.7M | 10x | as long as short |
| Pacifica NEAR | +0.0851% | 1h | 4.4524 | −0.035% | $418K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0920% | 1h | 4.4467 | −0.164% | $6K | $6K | 10x | as long as short |
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk 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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Hyperliquid NEAR
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Nado NEAR-PERP
Arcus NEAR-USD
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD