Funding you earn now, next payment 02:00 UTC−0.1460%/8h= −159.8% APRnext payment −$1.82 per $10,000 · paid last 24h −0.247%
Price spread now: gTrade (Gains Network) against Lighter+0.103%7-day average −0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2812.811% of the position
Funding, last 3 days (all we have)−0.601%−$60 on $10k
+Price spread, last 3 days (all we have)−0.298%−$30 · spread now +0.103%, 7d avg −0.175%
=Together, before fees−0.900%+ Points / potential airdropLighter: Season 3 · farm board−$90 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.279% dearer against Lighter than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of −0.175%): +$28 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 3 days (−0.601% in total) that is about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.3081 | 0.1464 | pay 0.0183% / 1h | 40m 43s | $17.2M | $24.7M | 15x |
| Short | gTrade (Gains Network) NEAR/USD | 4.3125 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 40m 43s | $200K | — | 150x |
Lighter NEAR
gTrade (Gains Network) NEAR/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$306.56
- Price spread: +0.103% → −0.175%
- $27.87
- Slippage, 4 orders
- −$271.13
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$559.81
- Costs to cover
- 2.811%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 13 min ago; gTrade (Gains Network): virtual book (oracle venue), 28 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 | 2.13 bp | 6.3 bp −$6 | 26.3 bp −$263 | 75.4 bp −$7,545 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 28 min ago | 130.01 bp | 137.7 bp −$138 | 1007.8 bp −$10.1K | 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 | 4.3134 | +0.124% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3122 | +0.095% | $2.1M | $13.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3049 | −0.075% | $107K | $69K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3093 | +0.028% | $505K | $19.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USDshort | L +0.0004% / S −0.0004% | 1h | 4.3125 | +0.103% | $200K | — | 150x | |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.879% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0043% | 8h | 4.3108 | +0.063% | $8.2M | $19.1M | — | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3160 | +0.183% | $115K | $478K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.3139 | +0.135% | $57K | $161K | 20x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3039 | −0.097% | $407K | $1.2M | 10x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
Injective NEAR/USDC PERP
Variational Omni NEAR
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Pacifica NEARShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.3050 | −0.072% | $257.7M | $1.06B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2958 | −0.286% | $218.3M | $419.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2940 | −0.327% | $60.8M | $278.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3120 | +0.091% | $204K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3300 | +0.508% | $247K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3096 | +0.035% | $30.9M | $60.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3140 | +0.137% | $75.7M | $137.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3160 | +0.183% | $55.5M | $42.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3043 | −0.088% | $71.3M | $123.4M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3090 | +0.021% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3211 | +0.302% | $259K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3386 | +0.708% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3250 | +0.392% | $179K | $776K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3162 | +0.188% | $214K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3190 | +0.253% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3125 | +0.102% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3260 | +0.415% | $440K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3100 | +0.044% | $3.8M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3068 | −0.029% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0101% | 8h | 4.3118 | +0.087% | $3.0M | $5.8M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3114 | +0.078% | $3.8M | $17.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3130 | +0.114% | $201K | $34K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0219% | 1h | 4.3157 | +0.177% | $7.9M | $39.9M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3220 | +0.323% | $13.2M | $27.6M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0359% / S −0.0278% | 1h | 4.3121 | +0.093% | $259K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0376% | 1h | 4.3168 | +0.202% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0449% | 1h | 4.3151 | +0.163% | $1.9M | $3.0M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3181 | +0.233% | $539K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.3533 | +1.049% | $1.8M | $2.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0680% | 1h | 4.3105 | +0.056% | $1.6M | $6.9M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0724% | 1h | 4.3156 | +0.174% | $1.9M | $4.1M | 25x | as long as short |
| Hyperliquid NEAR | +0.0762% | 1h | 4.3130 | +0.114% | $362.7M | $305.6M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0787% | 1h | 4.3169 | +0.204% | $1.4M | $6.0M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.1450% | 1h | 4.3186 | +0.243% | $5K | $12K | 10x | as long as short |
| Lighter NEARlong | +0.1464% | 1h | 4.3081 | long leg | $17.2M | $24.7M | 15x |
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-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Nado NEAR-PERP
RISEx NEAR/USDC
Phoenix NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD