Funding you earn now, next payment 23:00 UTC−0.0892%/8h= −97.7% APRpaid last 24h −0.167%
Price spread now: Aster against Lighter−0.311%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 7 days−0.667%−$67 on $10k
+Price spread, last 7 days+0.199%+$20 · spread now −0.311%, 7d avg −0.120%
=Together, before fees−0.468%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Aster is 0.191% cheaper against Lighter than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.120%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.2763 | 0.0992 | pay 0.0124% / 1h | 9m 14s | $16.4M | $23.8M | 15x |
| Short | Aster NEARUSDT | 4.2630 | 0.0100 | get 0.0100% / 8h | 1h 09m | $3.0M | $5.6M | 50x |
Lighter NEAR
Aster NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$187.32
- Price spread: −0.311% → −0.120%
- −$19.14
- Slippage, 4 orders
- −$24.79
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$239.25
- Costs to cover
- 0.328%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 10 min ago; Aster: 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 Lighter live order book, 10 min ago | 2.65 bp | 4.7 bp −$5 | 14.4 bp −$144 | 55.1 bp −$5,509 | doesn't fit |
| Sell Aster live order book, 4 min ago | 2.37 bp | 8.7 bp −$9 | 20.1 bp −$201 | 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 | 4.2606 | −0.366% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.2593 | −0.398% | $2.2M | $13.0M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −3.164% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2471 | −0.683% | $111K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2557 | −0.482% | $483K | $18.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2612 | −0.354% | $206K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0047% | 1h | 4.2688 | −0.176% | $7.7M | $36.3M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2630 | −0.311% | $105K | $489K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2525 | −0.557% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDTshort | +0.0100% | 8h | 4.2630 | −0.311% | $3.0M | $5.6M | 50x |
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
Popdex NEARUSDT
Paradex NEAR-USD-PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.2484 | −0.652% | $395K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2644 | −0.279% | $246.3M | $1.06B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2700 | −0.148% | $219.2M | $418.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2680 | −0.195% | $59.6M | $281.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2540 | −0.522% | $207K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2317 | −1.043% | $241K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2620 | −0.335% | $30.5M | $58.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2690 | −0.171% | $83.9M | $144.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2730 | −0.078% | $56.1M | $43.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2722 | −0.096% | $70.9M | $124.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2740 | −0.054% | — | $137.4M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2299 | −1.085% | $7.9M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2295 | −1.096% | $247K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2168 | −1.392% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2150 | −1.434% | $176K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2663 | −0.234% | $227K | $3.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2601 | −0.379% | $56K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2710 | −0.124% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2639 | −0.290% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2640 | −0.288% | $3.9M | $8.1M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2628 | −0.317% | $4.0M | $14.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2605 | −0.371% | $205K | $62K | 3x | as long as short |
| 01 Exchange NEARUSD | +0.0136% | 1h | 4.2642 | −0.283% | $13K | $7K | 10x | as long as short |
| Lighter RH NEAR | +0.0152% | 1h | 4.2709 | −0.127% | $1.5M | $7.0M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2660 | −0.241% | $12.6M | $32.3M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0290% | 1h | 4.2628 | −0.316% | $1.9M | $2.2M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.2619 | −0.337% | $414K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0388% / S −0.0332% | 1h | 4.2613 | −0.351% | $290K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0480% | 1h | 4.2630 | −0.311% | $1.9M | $3.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0541% | 1h | 4.2742 | −0.050% | $1.3M | $5.5M | 20x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.2316 | −1.046% | $1.8M | $2.7M | 10x | as long as short |
| Hyperliquid NEAR | +0.0583% | 1h | 4.2810 | +0.109% | $366.9M | $294.2M | 10x | as long as short |
| HTX NEAR-USDT | +0.0931% | 8h | 4.2770 | +0.016% | $460K | $3.6M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.0982% | 1h | 4.2278 | −1.135% | $5K | $11K | 10x | as long as short |
| Lighter NEARlong | +0.0992% | 1h | 4.2763 | long leg | $16.4M | $23.8M | 15x |
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
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
Extended NEAR-USD
Aevo NEAR-PERP
01 Exchange NEARUSD
Lighter RH NEAR
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Phoenix NEAR
Hyperliquid NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD