Funding you earn now, next payment 09:00 UTC−0.0404%/8h= −44.2% APRpaid last 24h −0.236%
Price spread now: Gate against Lighter−0.340%7-day average −0.173% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days−0.838%−$84 on $10k
+Price spread, last 7 days+0.165%+$16 · spread now −0.340%, 7d avg −0.173%
=Together, before fees−0.673%+ Points / potential airdropLighter: Season 3 · farm board−$67 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Gate is 0.167% cheaper against Lighter than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.173%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.4862 | 0.0504 | pay 0.0063% / 1h | 13m 24s | $17.6M | $24.1M | 15x |
| Short | Gate NEAR_USDT | 4.4710 | 0.0100 | get 0.0100% / 8h | 7h 13m | $38.0M | $63.1M | 75x |
Lighter NEAR
Gate NEAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$84.84
- Price spread: −0.340% → −0.173%
- −$16.65
- Slippage, 4 orders
- −$25.09
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$141.59
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Gate: live order book, 6 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 | 1.17 bp | 6.1 bp −$6 | 18.7 bp −$187 | 67.2 bp −$6,721 | doesn't fit |
| Sell Gate live order book, 6 min ago | 2.46 bp | 17.6 bp −$18 | 21.1 bp −$211 | 40.4 bp −$4,039 | 57.5 bp −$28.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0422% | 1h | 4.4729 | −0.298% | $7.4M | $38.5M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4703 | −0.356% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4759 | −0.232% | $109K | $53K | 10x | as long as short |
| Phemex NEARUSDT | +0.0001% | 8h | 4.4710 | −0.340% | $3.6M | $7.7M | 50x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4678 | −0.410% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.696% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4780 | −0.184% | $115K | $509K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4718 | −0.323% | $2.7M | $4.6M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4700 | −0.362% | $270.0M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4696 | −0.371% | $228.1M | $426.8M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
Phemex NEARUSDT
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4650 | −0.473% | $62.9M | $301.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.4800 | −0.139% | $230K | $1.4M | 10x | as long as short |
| Gate NEAR_USDTshort | +0.0100% | 8h | 4.4710 | −0.340% | $38.0M | $63.1M | 75x | |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4690 | −0.384% | $88.6M | $162.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4760 | −0.228% | $52.9M | $45.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4704 | −0.353% | $73.8M | $127.0M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4690 | −0.384% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4848 | −0.031% | $9.3M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4718 | −0.322% | $259K | $896K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4710 | −0.340% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4670 | −0.429% | $168K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4752 | −0.246% | $279K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4686 | −0.393% | $57K | $239K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4790 | −0.161% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4745 | −0.262% | $5K | $49K | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4787 | −0.168% | $258K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4765 | −0.217% | $32K | $413 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4748 | −0.255% | $3.7M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4726 | −0.304% | $208K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0135% | 8h | 4.4774 | −0.197% | $903K | $25.4M | 2.2x | as long as short |
| Nado NEAR-PERP | +0.0217% | 1h | 4.4745 | −0.262% | $1.7M | $3.2M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4730 | −0.295% | $12.6M | $33.0M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0344% | 1h | 4.4804 | −0.130% | $13K | $6K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0359% / S −0.0261% | 1h | 4.4694 | −0.375% | $263K | — | 100x | as long as short |
| Hyperliquid NEAR | +0.0378% | 1h | 4.4790 | −0.161% | $364.6M | $318.1M | 10x | as long as short |
| Lighter RH NEAR | +0.0472% | 1h | 4.4884 | +0.048% | $1.6M | $6.5M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.4827 | −0.079% | $2.3M | $17.6M | 50x | as long as short |
| HTX NEAR-USDT | +0.0490% | 8h | 4.4800 | −0.139% | $472K | $3.7M | 75x | as long as short |
| Lighter NEARlong | +0.0504% | 1h | 4.4862 | long leg | $17.6M | $24.1M | 15x | |
| Backpack NEAR_USDC_PERP | +0.0593% | 1h | 4.4752 | −0.246% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.4788 | −0.165% | $618K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.4818 | −0.100% | $422K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.4814 | −0.108% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1124% | 1h | 4.4610 | −0.561% | $6K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1316% | 1h | 4.4782 | −0.179% | $1.9M | $13.1M | 25x | as long as short |
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
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
Bulk NEAR-USD
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Kalshi KXNEARPERP
Nado NEAR-PERP
BloFin NEAR-USDT
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Hyperliquid NEAR
Lighter RH NEAR
Coinbase International NEAR-PERP-INTX
HTX NEAR-USDT
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL