Funding you earn now, next payment 09:00 UTC−0.0324%/8h= −35.5% APRpaid last 24h −0.236%
Price spread now: OKX against Lighter−0.133%7-day average −0.188% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$240.237% of the position
Funding, last 7 days−0.826%−$83 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now −0.133%, 7d avg −0.188%
=Together, before fees−0.855%+ Points / potential airdropLighter: Season 3 · farm board−$85 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.055% dearer against Lighter than usual: you sell high and buy low (spread −0.133% now, against its 7-day average of −0.188%): +$5 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.3778 | 0.0424 | pay 0.0053% / 1h | 28m 49s | $17.3M | $23.9M | 15x |
| Short | OKX NEAR-USDT-SWAP | 4.3720 | 0.0100 | get 0.0100% / 8h | 7h 28m | $61.6M | $294.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$68.04
- Price spread: −0.133% → −0.188%
- $5.47
- Slippage, 4 orders
- −$13.75
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.31
- Costs to cover
- 0.237%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; OKX: live order book, 5 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 | 1.81 bp | 2.8 bp −$3 | 15.5 bp −$155 | 74.3 bp −$7,426 | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.15 bp | 8.8 bp −$9 | 15.8 bp −$158 | 45.2 bp −$4,516 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0431% | 1h | 4.3808 | +0.067% | $7.2M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3683 | −0.217% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3716 | −0.143% | $107K | $65K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3789 | +0.025% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.410% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3810 | +0.072% | $120K | $503K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3739 | −0.089% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3748 | −0.070% | $263.7M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3694 | −0.193% | $220.1M | $427.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAPshort | +0.0100% | 8h | 4.3720 | −0.133% | $61.6M | $294.8M | 50x |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.3790 | +0.027% | $222K | $1.5M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3733 | −0.103% | $36.7M | $62.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3750 | −0.065% | $90.8M | $157.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3770 | −0.019% | $52.5M | $45.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3725 | −0.122% | $72.2M | $127.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3688 | −0.207% | $9.0M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3715 | −0.145% | $253K | $896K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3710 | −0.156% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3730 | −0.110% | $165K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3800 | +0.050% | $273K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3841 | +0.143% | $56K | $238K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3840 | +0.141% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3820 | +0.095% | $5K | $49K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3810 | +0.072% | $3.5M | $8.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3708 | −0.160% | $252K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3832 | +0.123% | $32K | $585 | 10x | as long as short |
| BingX NEAR-USDT | +0.0101% | 8h | 4.3750 | −0.065% | — | $83.3M | — | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3721 | −0.131% | $3.6M | $15.5M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3830 | +0.118% | $204K | $40K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0140% | 8h | 4.3840 | +0.141% | $867K | $25.5M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3790 | +0.027% | $12.7M | $32.4M | 75x | as long as short |
| Hyperliquid NEAR | +0.0249% | 1h | 4.3779 | +0.002% | $353.8M | $316.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0258% | 1h | 4.3760 | −0.042% | $1.7M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.3830 | +0.118% | $13K | $6K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0353% / S −0.0257% | 1h | 4.3679 | −0.227% | $257K | — | 100x | as long as short |
| Lighter NEARlong | +0.0424% | 1h | 4.3778 | long leg | $17.3M | $23.9M | 15x | |
| HTX NEAR-USDT | +0.0431% | 8h | 4.3940 | +0.369% | $464K | $3.7M | 75x | as long as short |
| Lighter RH NEAR | +0.0448% | 1h | 4.3782 | +0.008% | $1.5M | $6.4M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3824 | +0.104% | $2.3M | $17.2M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0526% | 1h | 4.3788 | +0.022% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3786 | +0.018% | $591K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3837 | +0.133% | $413K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.3734 | −0.101% | $1.8M | $2.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0845% | 1h | 4.3873 | +0.216% | $1.9M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1032% | 1h | 4.3744 | −0.078% | $5K | $7K | 10x | as long as short |
Lighter NEAR
OKX NEAR-USDT-SWAP
Kraken Futures PF_NEARUSD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Paradex NEAR-USD-PERP
BingX NEAR-USDT
Extended NEAR-USD
Kalshi KXNEARPERP
BloFin NEAR-USDT
Hyperliquid NEAR
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
Lighter RH NEAR
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD