Funding you earn now, next payment 05:00 UTC−0.1239%/8h= −135.6% APRnext payment −$1.55 per $10,000 · paid last 24h −0.236%
Price spread now: Injective against Lighter−5.114%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.773%−$77 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Injective is 5.114% cheaper against Lighter than usual: you would sell low and buy high (−$511 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.773% in total (about -40.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.55 per $10,000. 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 | 4.3642 | 0.1272 | pay 0.0159% / 1h | 50m 16s | $17.6M | $24.8M | 15x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 50m 16s | $578 | $301K | 12x |
Lighter NEAR
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$260.12
- Price spread: −5.114% → 0.000%
- −$511.41
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$771.55
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 8 min ago; Injective: no order-book sample. Net counts fees only.
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, 8 min ago | 0.72 bp | 6.5 bp −$6 | 15.9 bp −$159 | 76.1 bp −$7,606 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.3418 | −0.513% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3462 | −0.413% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3372 | −0.618% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −5.114% | $578 | $301K | 12x | |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3452 | −0.435% | $2.3M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3400 | −0.554% | $107K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3469 | −0.397% | $267.5M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3385 | −0.589% | $218.6M | $424.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3390 | −0.577% | $62.0M | $291.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3771 | +0.296% | $249K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3421 | −0.506% | $31.8M | $60.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3470 | −0.394% | $73.8M | $143.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3450 | −0.440% | $54.0M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3405 | −0.543% | $71.2M | $129.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3390 | −0.577% | — | $146.2M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3497 | −0.331% | $8.4M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3582 | −0.137% | $255K | $948K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3520 | −0.279% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3560 | −0.188% | $167K | $801K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3445 | −0.451% | $246K | $3.8M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3450 | −0.440% | $56K | $245K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3510 | −0.302% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3580 | −0.142% | $454K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3470 | −0.394% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3445 | −0.451% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3409 | −0.534% | $202K | $40K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0114% | 8h | 4.3522 | −0.275% | $574K | $22.7M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3540 | −0.233% | $13.7M | $32.3M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3543 | −0.227% | $414K | $1.2M | 10x | as long as short |
| Aster NEARUSDT | +0.0308% | 8h | 4.3470 | −0.394% | $2.9M | $5.6M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0319% / S −0.0191% | 1h | 4.3390 | −0.576% | $231K | — | 100x | as long as short |
| SoDEX NEAR-USD | +0.0378% | 1h | 4.3445 | −0.451% | $8K | $52K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0512% | 1h | 4.3453 | −0.433% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0541% | 1h | 4.3525 | −0.268% | $1.4M | $6.6M | 20x | as long as short |
| Hyperliquid NEAR | +0.0600% | 1h | 4.3485 | −0.360% | $358.0M | $318.5M | 10x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3450 | −0.440% | $213K | $1.6M | 10x | as long as short |
| Extended NEAR-USD | +0.0648% | 1h | 4.3388 | −0.582% | $3.9M | $19.7M | 25x | as long as short |
| Nado NEAR-PERP | +0.0680% | 1h | 4.3420 | −0.508% | $1.9M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0709% | 1h | 4.3459 | −0.418% | $7.7M | $39.7M | 50x | as long as short |
| Lighter RH NEAR | +0.0848% | 1h | 4.3587 | −0.126% | $1.5M | $7.3M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3617 | −0.057% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1087% | 1h | 4.3446 | −0.449% | $1.9M | $8.2M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3433 | −0.479% | $594K | $1.4M | 10x | as long as short |
| Lighter NEARlong | +0.1272% | 1h | 4.3642 | long leg | $17.6M | $24.8M | 15x | |
| Aftermath Perps NEARUSD | +0.1635% | 1h | 4.3635 | −0.016% | $5K | $12K | 10x | as long as short |
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Kalshi KXNEARPERP
BloFin NEAR-USDT
Pacifica NEAR
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
SoDEX NEAR-USD
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Arcus NEAR-USD
Extended NEAR-USD
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Aftermath Perps NEARUSD