NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0568%/8h= −62.2% APRnext payment −$0.71 per $10,000 · paid last 24h −0.231%

Price spread now: Extended against Lighter−0.072%7-day average −0.219% · 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−$5as in the Price arb table

costs, in and out, $10k−$200.202% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.787%−$79 on $10k

Price spread, last 7 days−0.070%−$7 · spread now −0.072%, 7d avg −0.219%

Together, before fees−0.857%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$86 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.147% dearer against Lighter than usual: you sell high and buy low (spread −0.072% now, against its 7-day average of −0.219%): +$15 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NEAR	4.4665	0.0760	pay 0.0095% / 1h	40m 55s	$18.0M	$26.2M	15x
Short	Extended NEAR-USD	4.4633	0.0192	get 0.0024% / 1h	40m 55s	$4.0M	$19.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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 LighterbpFee ExtendedbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$119.28
Price spread: −0.072% → −0.219%: $14.68
Slippage, 4 orders: −$15.15
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$124.75
Costs to cover: 0.202%
Break-even: never at this rate

Slippage from Lighter: live order book, 13 min ago; Extended: live order book, 3 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, 13 min ago	2.37 bp	5.9 bp −$6	15.7 bp −$157	72.5 bp −$7,247	doesn't fit
Sell Extended live order book, 3 min ago	0.56 bp	5.8 bp −$6	12.1 bp −$121	1146.8 bp −$114.7K	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	4.4532	−0.297%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4653	−0.027%	$2.2M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4584	−0.181%	$110K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4637	−0.062%	$626K	$21.9M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4583	−0.182%	$166K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.287%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4550	−0.257%	$117K	$517K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4596	−0.155%	$426K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4656	−0.021%	$273.1M	$1.11B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4635	−0.067%	$223.5M	$423.6M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4630	−0.078%	$63.4M	$303.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4550	−0.257%	$254K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4596	−0.154%	$32.3M	$63.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4630	−0.078%	$75.2M	$147.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4620	−0.101%	$55.4M	$46.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4644	−0.047%	$73.4M	$130.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4600	−0.145%	—	$147.4M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4567	−0.220%	$8.7M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4571	−0.211%	$267K	$976K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4375	−0.650%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4230	−0.974%	$170K	$793K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4594	−0.159%	$240K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4612	−0.118%	$57K	$236K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4650	−0.033%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4585	−0.179%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4670	+0.011%	$465K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4620	−0.101%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4587	−0.175%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4607	−0.131%	$207K	$40K	3x	as long as short
Extended NEAR-USDshort	+0.0192%	1h	4.4633	−0.072%	$4.0M	$19.6M	25x
Hyperliquid NEAR	+0.0192%	1h	4.4658	−0.015%	$368.8M	$327.1M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4590	−0.168%	$14.1M	$33.3M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0224%	1h	4.4619	−0.103%	$1.4M	$6.6M	20x	as long as short
01 Exchange NEARUSD	+0.0232%	1h	4.4607	−0.130%	$13K	$7K	10x	as long as short
Aster NEARUSDT	+0.0301%	8h	4.4647	−0.040%	$3.1M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0339% / S −0.0217%	1h	4.4582	−0.186%	$249K	—	100x	as long as short
Lighter RH NEAR	+0.0488%	1h	4.4638	−0.060%	$1.6M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0507%	1h	4.4511	−0.345%	$1.9M	$3.1M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0580%	1h	4.4614	−0.114%	$2.0M	$6.8M	25x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4680	+0.034%	$221K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0582%	1h	4.4612	−0.118%	$8.3M	$40.1M	50x	as long as short
Lighter NEARlong	+0.0760%	1h	4.4665	long leg	$18.0M	$26.2M	15x
Phoenix NEAR	+0.0794%	1h	4.4521	−0.322%	$1.8M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4614	−0.114%	$563K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1551%	1h	4.4619	−0.102%	$6K	$12K	10x	as long as short