Funding you earn now, next payment 08:00 UTC−0.0632%/8h= −69.2% APRnext payment −$0.79 per $10,000 · paid last 24h −0.230%
Price spread now: Aevo against Lighter−0.318%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$560.555% of the position
Funding, last 7 days−0.810%−$81 on $10k
+Price spread, last 4 days (all we have)+0.105%+$11 · spread now −0.318%, 7d avg −0.157%
=Together, before fees−0.704%+ Points / potential airdropLighter: Season 3 · farm board−$70 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Aevo is 0.161% cheaper against Lighter than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.157%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.3290 | 0.0760 | pay 0.0095% / 1h | 38m 20s | $17.1M | $25.0M | 15x |
| Short | Aevo NEAR-PERP | 4.3152 | 0.0128 | get 0.0016% / 1h | 38m 20s | $201K | $38K | 3x |
Lighter NEAR
Aevo NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter. 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
- −$132.72
- Price spread: −0.318% → −0.157%
- −$16.07
- Slippage, 4 orders
- −$39.52
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$204.31
- Costs to cover
- 0.555%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Aevo: live order book, 1 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 Lighter live order book, 5 min ago | 1.23 bp | 3.6 bp −$4 | 13.5 bp −$135 | 63.8 bp −$6,383 | doesn't fit |
| Sell Aevo live order book, 1 min ago | 10.41 bp | 25.0 bp −$25 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3165 | −0.288% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3201 | −0.205% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3149 | −0.326% | $162K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3089 | −0.464% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.343% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3180 | −0.254% | $110K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3143 | −0.339% | $217.7M | $430.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3150 | −0.323% | $60.7M | $291.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3160 | −0.300% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3161 | −0.298% | $35.1M | $62.3M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3180 | −0.254% | $52.3M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3151 | −0.321% | $71.5M | $128.1M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3337 | +0.108% | $8.6M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3338 | +0.111% | $251K | $898K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3340 | +0.116% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3330 | +0.093% | $165K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3190 | −0.231% | $282K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3170 | −0.277% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3230 | −0.138% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3125 | −0.381% | $5K | $53K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3200 | −0.208% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3228 | −0.144% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3135 | −0.359% | $3.6M | $17.3M | 25x | as long as short |
| HTX NEAR-USDT | +0.0118% | 8h | 4.3280 | −0.023% | $463K | $3.8M | 75x | as long as short |
| Aevo NEAR-PERPshort | +0.0128% | 1h | 4.3152 | −0.318% | $201K | $38K | 3x | |
| Kalshi KXNEARPERP | +0.0192% | 8h | 4.3177 | −0.261% | $938K | $25.2M | 2.2x | as long as short |
| BingX NEAR-USDT | +0.0198% | 8h | 4.3160 | −0.300% | — | $145.0M | — | as long as short |
| MEXC NEAR_USDT | +0.0199% | 8h | 4.3170 | −0.277% | $83.1M | $150.5M | 200x | as long as short |
| Binance NEARUSDT | +0.0199% | 8h | 4.3170 | −0.276% | $262.1M | $1.09B | 75x | as long as short |
| Aster NEARUSDT | +0.0202% | 8h | 4.3176 | −0.264% | $2.7M | $4.8M | 50x | as long as short |
| Hyperliquid NEAR | +0.0253% | 1h | 4.3198 | −0.212% | $348.8M | $315.0M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0280% | 1h | 4.3200 | −0.208% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0315% / S −0.0203% | 1h | 4.3149 | −0.325% | $232K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0319% | 8h | 4.3200 | −0.208% | $13.3M | $31.8M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0393% | 1h | 4.3222 | −0.157% | $1.2M | $7.0M | 20x | as long as short |
| Nado NEAR-PERP | +0.0470% | 1h | 4.3173 | −0.269% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3272 | −0.041% | $2.3M | $16.8M | 50x | as long as short |
| Lighter RH NEAR | +0.0536% | 1h | 4.3271 | −0.044% | $1.5M | $6.6M | 10x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3220 | −0.161% | $225K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0654% | 1h | 4.3196 | −0.217% | $1.9M | $13.2M | 25x | as long as short |
| Lighter NEARlong | +0.0760% | 1h | 4.3290 | long leg | $17.1M | $25.0M | 15x | |
| Pacifica NEAR | +0.0949% | 1h | 4.3227 | −0.146% | $407K | $1.5M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3384 | +0.217% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3210 | −0.184% | $605K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1251% | 1h | 4.3268 | −0.050% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
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
HTX NEAR-USDT
Kalshi KXNEARPERP
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
Aster NEARUSDT
Hyperliquid NEAR
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD