Funding you earn now, next payment 05:00 UTC−0.1268%/8h= −138.8% APRpaid last 24h −0.231%
Price spread now: Bitget against Lighter−0.773%7-day average −0.195% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days−0.829%−$83 on $10k
+Price spread, last 7 days+0.542%+$54 · spread now −0.773%, 7d avg −0.195%
=Together, before fees−0.287%+ Points / potential airdropLighter: Season 3 · farm board−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Bitget is 0.578% cheaper against Lighter than usual: you would sell low and buy high (−$58 if the spread goes back to its 7-day average of −0.195%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.829% in total (about -43.2% a year). A funding rate is set anew for every payment. 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 | Lighter NEAR | 4.3836 | 0.1368 | pay 0.0171% / 1h | 57m 24s | $17.7M | $24.8M | 15x |
| Short | Bitget NEARUSDT | 4.3497 | 0.0100 | get 0.0100% / 8h | 3h 57m | $71.5M | $129.1M | 75x |
Lighter NEAR
Bitget NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$266.28
- Price spread: −0.773% → −0.195%
- −$57.82
- Slippage, 4 orders
- −$20.68
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$356.78
- Costs to cover
- 0.327%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Bitget: live order book, 2 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, 6 min ago | 2.62 bp | 6.4 bp −$6 | 15.3 bp −$153 | 61.2 bp −$6,125 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.57 bp | 12.0 bp −$12 | 16.3 bp −$163 | 33.1 bp −$3,314 | 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 | 4.3654 | −0.416% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3709 | −0.290% | $108K | $69K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3928 | +0.210% | $623K | $22.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3641 | −0.445% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.534% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3520 | −0.720% | $2.3M | $15.6M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3670 | −0.378% | $112K | $498K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3671 | −0.376% | $269.6M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3490 | −0.789% | $219.4M | $423.5M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3500 | −0.766% | $62.4M | $292.5M | 50x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk NEAR-USD | +0.0100% | 1h | 4.3879 | +0.098% | $250K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3674 | −0.369% | $31.9M | $60.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3720 | −0.264% | $76.0M | $142.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3700 | −0.310% | $54.4M | $46.0M | 75x | as long as short |
| Bitget NEARUSDTshort | +0.0100% | 8h | 4.3497 | −0.773% | $71.5M | $129.1M | 75x | |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3680 | −0.355% | — | $146.1M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3907 | +0.163% | $8.5M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3935 | +0.227% | $264K | $939K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3900 | +0.146% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3920 | +0.192% | $169K | $800K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3682 | −0.351% | $244K | $3.8M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3544 | −0.666% | $56K | $244K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3580 | −0.584% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3880 | +0.101% | $454K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3840 | +0.010% | $3.8M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3697 | −0.317% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3504 | −0.758% | $202K | $40K | 3x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0164% | 1h | 4.3508 | −0.748% | $1.9M | $7.4M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3910 | +0.169% | $13.8M | $32.5M | 75x | as long as short |
| SoDEX NEAR-USD | +0.0230% | 1h | 4.3513 | −0.736% | $8K | $52K | 10x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3745 | −0.206% | $416K | $1.2M | 10x | as long as short |
| Aster NEARUSDT | +0.0312% | 8h | 4.3705 | −0.297% | $2.9M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0319% / S −0.0191% | 1h | 4.3609 | −0.518% | $232K | — | 100x | as long as short |
| Hyperliquid NEAR | +0.0548% | 1h | 4.3727 | −0.248% | $360.2M | $320.4M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0584% | 1h | 4.3743 | −0.212% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0588% | 1h | 4.3817 | −0.043% | $1.3M | $6.3M | 20x | as long as short |
| Extended NEAR-USD | +0.0608% | 1h | 4.3483 | −0.805% | $3.9M | $19.6M | 25x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3720 | −0.264% | $215K | $1.6M | 10x | as long as short |
| Nado NEAR-PERP | +0.0667% | 1h | 4.3669 | −0.380% | $1.9M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0709% | 1h | 4.3489 | −0.792% | $7.8M | $39.7M | 50x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.3982 | +0.334% | $1.8M | $2.8M | 10x | as long as short |
| Lighter RH NEAR | +0.0896% | 1h | 4.3848 | +0.028% | $1.6M | $7.0M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3727 | −0.248% | $600K | $1.4M | 10x | as long as short |
| Lighter NEARlong | +0.1368% | 1h | 4.3836 | long leg | $17.7M | $24.8M | 15x | |
| Aftermath Perps NEARUSD | +0.1633% | 1h | 4.3862 | +0.059% | $5K | $12K | 10x | as long as short |
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
BloFin NEAR-USDT
SoDEX NEAR-USD
Pacifica NEAR
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Hyperliquid NEAR
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Extended NEAR-USD
Arcus NEAR-USD
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Phoenix NEAR
Lighter RH NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD