Funding you earn now, next payment 23:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.15 per $10,000 · paid last 24h −0.015%
Price spread now: Lighter RH against Injective+1.678%67s7-day average −0.983% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.390%+$39 on $10k
+Price spread, last 3 days (all we have)−4.083%−$408 · spread now +1.678%, 7d avg −0.983%
=Together, before fees−3.692%+ Points / potential airdropLighter RH: Points live · farm board−$369 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter RH is 2.662% dearer against Injective than usual: you sell high and buy low: +$266 more if the spread goes back to its 7-day average of −0.983%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective NEAR/USDC PERP | 4.1410 | −0.0002 | get 0.0000% / 1h | 16m 10s | $578 | $302K | 12x |
| Short | Lighter RH NEAR | 4.2105 | 0.0120 | get 0.0015% / 1h | 16m 10s | $1.5M | $7.0M | 10x |
Injective NEAR/USDC PERP
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Injective. 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
- $25.7
- Price spread: +1.678% → −0.983%
- $266.18
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $291.86
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Lighter RH: live order book, 2 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 RH live order book, 2 min ago | 4.74 bp | 5.0 bp −$5 | 9.0 bp −$90 | doesn't fit | 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 | 4.2042 | +1.526% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.2069 | +1.591% | $2.2M | $12.8M | 50x | as long as short |
| Injective NEAR/USDC PERPlong | −0.0002% | 1h | 4.1410 | long leg | $578 | $302K | 12x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2087 | +1.635% | $109K | $58K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2082 | +1.623% | $431K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2079 | +1.616% | $208K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0048% | 1h | 4.2067 | +1.587% | $7.7M | $36.6M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2080 | +1.618% | $107K | $487K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2067 | +1.587% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2126 | +1.729% | $3.0M | $5.7M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.2102 | +1.670% | $364K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2050 | +1.546% | $241.8M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2030 | +1.497% | $214.8M | $420.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2020 | +1.473% | $58.4M | $277.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2080 | +1.618% | $226K | $1.7M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2055 | +1.558% | $30.0M | $57.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2060 | +1.570% | $83.2M | $143.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2070 | +1.594% | $55.3M | $43.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2038 | +1.517% | $69.7M | $124.7M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2040 | +1.521% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1950 | +1.303% | $7.8M | $18.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1992 | +1.405% | $240K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2092 | +1.648% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2020 | +1.473% | $176K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2095 | +1.654% | $204K | $3.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2070 | +1.594% | $56K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2140 | +1.763% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2040 | +1.521% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2050 | +1.546% | $3.9M | $8.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2042 | +1.526% | $240K | $2K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2021 | +1.476% | $3.9M | $14.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2049 | +1.544% | $203K | $62K | 3x | as long as short |
| Lighter RH NEARshort | +0.0120% | 1h | 4.2105 | +1.678% | $1.5M | $7.0M | 10x | |
| 01 Exchange NEARUSD | +0.0120% | 1h | 4.2114 | +1.700% | $12K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0178% | 1h | 4.2092 | +1.647% | $1.9M | $2.2M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2120 | +1.715% | $12.4M | $31.8M | 75x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.2109 | +1.687% | $411K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0383% / S −0.0329% | 1h | 4.2073 | +1.600% | $284K | — | 100x | as long as short |
| Hyperliquid NEAR | +0.0443% | 1h | 4.2124 | +1.724% | $357.4M | $294.0M | 10x | as long as short |
| Nado NEAR-PERP | +0.0504% | 1h | 4.2061 | +1.572% | $1.9M | $3.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0510% | 1h | 4.2092 | +1.647% | $1.2M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.2035 | +1.509% | $1.7M | $2.7M | 10x | as long as short |
| Lighter NEAR | +0.0880% | 1h | 4.2167 | +1.827% | $16.3M | $23.6M | 15x | as long as short |
| HTX NEAR-USDT | +0.0944% | 8h | 4.2190 | +1.884% | $453K | $3.6M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.0984% | 1h | 4.2063 | +1.577% | $5K | $11K | 10x | as long as short |
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-USDC
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
Bulk NEAR-USD
Extended NEAR-USD
Aevo NEAR-PERP
01 Exchange NEARUSD
Deribit NEAR_USDC-PERPETUAL
BloFin NEAR-USDT
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Hyperliquid NEAR
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Phoenix NEAR
Lighter NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD