Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.151%
Price spread now: Lighter RH against Lighter+0.010%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$180.183% of the position
Funding, last 7 days−0.348%−$35 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.010%, 7d avg −0.025%
=Together, before fees−0.379%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.035% dearer against Lighter than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.025%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.3 days. At the pace of the last 7 days (−0.348% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.3755 | 0.0544 | pay 0.0068% / 1h | 17m 22s | $17.2M | $25.3M | 15x |
| Short | Lighter RH NEAR | 4.3759 | 0.0528 | get 0.0066% / 1h | 17m 22s | $1.5M | $6.7M | 10x |
Lighter NEAR
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$3.36
- Price spread: +0.010% → −0.025%
- $3.5
- Slippage, 4 orders
- −$18.25
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$18.11
- Costs to cover
- 0.183%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Lighter RH: live order book, 1 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 | 2.88 bp | 7.6 bp −$8 | 15.3 bp −$153 | 65.6 bp −$6,564 | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 3.09 bp | 3.8 bp −$4 | 9.7 bp −$97 | 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 | 4.3658 | −0.220% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3682 | −0.166% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3663 | −0.209% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0016% | 1h | 4.3683 | −0.164% | $7.2M | $38.4M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.359% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3680 | −0.170% | $113K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3680 | −0.170% | $220.5M | $428.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3690 | −0.148% | $61.3M | $295.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3601 | −0.352% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3670 | −0.193% | $35.7M | $62.8M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3690 | −0.148% | $52.9M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3681 | −0.168% | $72.2M | $127.8M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3517 | −0.542% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3595 | −0.365% | $253K | $901K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3600 | −0.354% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3590 | −0.376% | $166K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3705 | −0.113% | $277K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3718 | −0.084% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3750 | −0.011% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3700 | −0.125% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3690 | −0.148% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3710 | −0.102% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3684 | −0.162% | $3.6M | $16.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3719 | −0.082% | $203K | $38K | 3x | as long as short |
| Aster NEARUSDT | +0.0147% | 8h | 4.3700 | −0.124% | $2.7M | $4.9M | 50x | as long as short |
| HTX NEAR-USDT | +0.0151% | 8h | 4.3830 | +0.172% | $467K | $3.8M | 75x | as long as short |
| Hyperliquid NEAR | +0.0151% | 1h | 4.3704 | −0.116% | $352.3M | $315.9M | 10x | as long as short |
| Binance NEARUSDT | +0.0169% | 8h | 4.3729 | −0.059% | $264.5M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0171% | 8h | 4.3690 | −0.148% | $89.1M | $152.9M | 200x | as long as short |
| Kalshi KXNEARPERP | +0.0178% | 8h | 4.3719 | −0.081% | $969K | $25.0M | 2.2x | as long as short |
| BingX NEAR-USDT | +0.0178% | 8h | 4.3680 | −0.170% | — | $144.1M | — | as long as short |
| 01 Exchange NEARUSD | +0.0240% | 1h | 4.3706 | −0.111% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0289% | 8h | 4.3690 | −0.148% | $13.3M | $32.2M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0207% | 1h | 4.3689 | −0.151% | $236K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0381% | 1h | 4.3690 | −0.148% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0461% | 1h | 4.3702 | −0.120% | $1.0M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3742 | −0.029% | $2.3M | $17.0M | 50x | as long as short |
| Lighter RH NEARshort | +0.0528% | 1h | 4.3759 | +0.010% | $1.5M | $6.7M | 10x | |
| Lighter NEARlong | +0.0544% | 1h | 4.3755 | long leg | $17.2M | $25.3M | 15x | |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3700 | −0.125% | $230K | $1.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0872% | 1h | 4.3735 | −0.045% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3711 | −0.100% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3607 | −0.337% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3706 | −0.112% | $607K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1124% | 1h | 4.3519 | −0.538% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
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
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
HTX NEAR-USDT
Hyperliquid NEAR
Binance NEARUSDT
MEXC NEAR_USDT
Kalshi KXNEARPERP
BingX NEAR-USDT
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD