Funding you earn now, next payment 05:00 UTC−0.0553%/8h= −60.5% APRnext payment −$0.69 per $10,000 · paid last 24h −0.141%
Price spread now: Nado against Lighter−0.136%47s7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$200.201% of the position
Funding, last 3 days (all we have)−0.463%−$46 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.136%, 7d avg −0.125%
=Together, before fees−0.433%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.125%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.3547 | 0.1120 | pay 0.0140% / 1h | 24m 43s | $17.5M | $25.0M | 15x |
| Short | Nado NEAR-PERP | 4.3488 | 0.0567 | get 0.0071% / 1h | 24m 43s | $1.8M | $3.2M | 10x |
Lighter NEAR
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$116.11
- Price spread: −0.136% → −0.125%
- −$1.08
- Slippage, 4 orders
- −$13.12
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$137.31
- Costs to cover
- 0.201%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Nado: live order book, 4 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, 4 min ago | 1.15 bp | 4.2 bp −$4 | 15.9 bp −$159 | 68.0 bp −$6,805 | doesn't fit |
| Sell Nado live order book, 4 min ago | 0.80 bp | 4.3 bp −$4 | 14.0 bp −$140 | 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 | 4.3487 | −0.139% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3466 | −0.187% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3478 | −0.159% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.908% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3638 | +0.208% | $2.4M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3500 | −0.109% | $110K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3517 | −0.069% | $266.7M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3456 | −0.210% | $215.0M | $428.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3480 | −0.155% | $61.6M | $291.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3412 | −0.311% | $247K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
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 | 4.3425 | −0.281% | $32.2M | $61.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3510 | −0.086% | $73.3M | $145.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3520 | −0.063% | $53.9M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3457 | −0.208% | $71.4M | $128.6M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3460 | −0.201% | — | $145.9M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3627 | +0.183% | $8.4M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3622 | +0.171% | $255K | $947K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3589 | +0.096% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3640 | +0.213% | $168K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3510 | −0.086% | $278K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3504 | −0.100% | $58K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3560 | +0.029% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3720 | +0.396% | $474K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3500 | −0.109% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3471 | −0.176% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3507 | −0.094% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3540 | −0.017% | $13.5M | $32.3M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3507 | −0.092% | $408K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0285% | 8h | 4.3552 | +0.011% | $783K | $23.3M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0326% / S −0.0203% | 1h | 4.3477 | −0.161% | $236K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0333% | 8h | 4.3500 | −0.109% | $2.9M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0373% | 1h | 4.3470 | −0.178% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0528% | 1h | 4.3604 | +0.130% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERPshort | +0.0567% | 1h | 4.3488 | −0.136% | $1.8M | $3.2M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0581% | 1h | 4.3504 | −0.100% | $1.3M | $6.7M | 20x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3490 | −0.132% | $213K | $1.6M | 10x | as long as short |
| Hyperliquid NEAR | +0.0633% | 1h | 4.3530 | −0.040% | $356.9M | $313.0M | 10x | as long as short |
| Extended NEAR-USD | +0.0648% | 1h | 4.3420 | −0.292% | $3.8M | $20.0M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0709% | 1h | 4.3479 | −0.157% | $7.6M | $39.3M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0785% | 1h | 4.3513 | −0.079% | $1.9M | $9.0M | 25x | as long as short |
| Lighter RH NEAR | +0.0920% | 1h | 4.3540 | −0.017% | $1.5M | $7.4M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3721 | +0.399% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEARlong | +0.1120% | 1h | 4.3547 | long leg | $17.5M | $25.0M | 15x | |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3568 | +0.048% | $690K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1534% | 1h | 4.3550 | +0.006% | $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
BloFin NEAR-USDT
Pacifica NEAR
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
SoDEX NEAR-USD
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Arcus NEAR-USD
Hyperliquid NEAR
Extended NEAR-USD
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD