NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1239%/8h= +135.6% APRnext payment +$1.55 per $10,000 · paid last 24h +0.236%

Price spread now: Lighter against Injective+5.390%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.773%+$77 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Lighter is 5.390% dearer against Injective than usual: you sell high and buy low: +$539 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.773% in total (about 40.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.55 per $10,000. 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	Injective NEAR/USDC PERP	4.1410	0.0033	pay 0.0004% / 1h	50m 22s	$578	$301K	12x
Short	Lighter NEAR	4.3642	0.1272	get 0.0159% / 1h	50m 22s	$17.6M	$24.8M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now +5.390%Rate

Funding earned: $260.12
Price spread: +5.390% → 0.000%: $538.98
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: $799.08
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 8 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 8 min ago	0.72 bp	2.4 bp −$2	11.6 bp −$116	65.0 bp −$6,497	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	4.3418	+4.849%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3462	+4.955%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3372	+4.738%	$163K	—	150x	as long as short
Injective NEAR/USDC PERPlong	+0.0033%	1h	4.1410	long leg	$578	$301K	12x
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3452	+4.931%	$2.3M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3400	+4.806%	$107K	$502K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3469	+4.972%	$267.5M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3385	+4.769%	$218.6M	$424.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3390	+4.781%	$62.0M	$291.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3771	+5.702%	$249K	−$0	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	4.3421	+4.856%	$31.8M	$60.5M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3470	+4.975%	$73.8M	$143.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3450	+4.926%	$54.0M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3405	+4.818%	$71.2M	$129.0M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3390	+4.781%	—	$146.2M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3497	+5.041%	$8.4M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3582	+5.246%	$255K	$948K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3520	+5.095%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3560	+5.192%	$167K	$801K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3445	+4.914%	$246K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3450	+4.926%	$56K	$245K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3510	+5.071%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3580	+5.240%	$454K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3470	+4.975%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3445	+4.915%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3409	+4.827%	$202K	$40K	3x	as long as short
Kalshi KXNEARPERP	+0.0114%	8h	4.3522	+5.100%	$574K	$22.7M	2.2x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3540	+5.144%	$13.7M	$32.3M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3543	+5.150%	$414K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0308%	8h	4.3470	+4.975%	$2.9M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0319% / S −0.0191%	1h	4.3390	+4.782%	$231K	—	100x	as long as short
SoDEX NEAR-USD	+0.0378%	1h	4.3445	+4.914%	$8K	$52K	10x	as long as short
01 Exchange NEARUSD	+0.0512%	1h	4.3453	+4.934%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0541%	1h	4.3525	+5.107%	$1.4M	$6.6M	20x	as long as short
Hyperliquid NEAR	+0.0600%	1h	4.3485	+5.011%	$358.0M	$318.5M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3450	+4.926%	$213K	$1.6M	10x	as long as short
Extended NEAR-USD	+0.0648%	1h	4.3388	+4.777%	$3.9M	$19.7M	25x	as long as short
Nado NEAR-PERP	+0.0680%	1h	4.3420	+4.854%	$1.9M	$3.1M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0709%	1h	4.3459	+4.949%	$7.7M	$39.7M	50x	as long as short
Lighter RH NEAR	+0.0848%	1h	4.3587	+5.257%	$1.5M	$7.3M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3617	+5.330%	$1.8M	$2.8M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1087%	1h	4.3446	+4.917%	$1.9M	$8.2M	25x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3433	+4.885%	$594K	$1.4M	10x	as long as short
Lighter NEARshort	+0.1272%	1h	4.3642	+5.390%	$17.6M	$24.8M	15x
Aftermath Perps NEARUSD	+0.1635%	1h	4.3635	+5.373%	$5K	$12K	10x	as long as short