Funding you earn now, next payment 08:00 UTC−0.0464%/8h= −50.8% APRnext payment −$0.58 per $10,000 · paid last 24h −0.233%
Price spread now: Popdex against Lighter−0.251%50s7-day average −0.151% · 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−$260.260% of the position
Funding, last 4 days (all we have)−0.621%−$62 on $10k
+Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.251%, 7d avg −0.151%
=Together, before fees−0.401%+ Points / potential airdropLighter: Season 3 · farm board−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Popdex is 0.100% cheaper against Lighter than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.151%). Swap the legs. The two prices were read 50 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 | 4.3710 | 0.0560 | pay 0.0070% / 1h | 18m 40s | $17.2M | $25.3M | 15x |
| Short | Popdex NEARUSDT | 4.3600 | 0.0096 | get 0.0012% / 1h | 18m 40s | $114K | $498K | 50x |
Lighter NEAR
Popdex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$97.44
- Price spread: −0.251% → −0.151%
- −$10.03
- Slippage, 4 orders
- −$19.56
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$133.43
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Popdex: live order book, 20 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 | 2.88 bp | 7.6 bp −$8 | 15.3 bp −$153 | 65.6 bp −$6,564 | doesn't fit |
| Sell Popdex live order book, 20 min ago | 2.31 bp | 8.1 bp −$8 | 62.4 bp −$624 | 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 | 4.3571 | −0.317% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3624 | −0.197% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3579 | −0.298% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3577 | −0.304% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.261% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDTshort | +0.0096% | 1h | 4.3600 | −0.251% | $114K | $498K | 50x | |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3650 | −0.137% | $220.4M | $428.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3660 | −0.114% | $61.2M | $295.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3601 | −0.250% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3617 | −0.212% | $35.6M | $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
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 | 4.3650 | −0.137% | $52.9M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3629 | −0.185% | $72.2M | $127.7M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3517 | −0.440% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3412 | −0.681% | $252K | $899K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3550 | −0.365% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3430 | −0.640% | $166K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3619 | −0.208% | $278K | $4.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3601 | −0.249% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3670 | −0.091% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3600 | −0.251% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3590 | −0.274% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3660 | −0.115% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3660 | −0.114% | $3.6M | $16.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3615 | −0.217% | $203K | $38K | 3x | as long as short |
| HTX NEAR-USDT | +0.0148% | 8h | 4.3710 | +0.001% | $465K | $3.8M | 75x | as long as short |
| Aster NEARUSDT | +0.0150% | 8h | 4.3649 | −0.140% | $2.7M | $4.9M | 50x | as long as short |
| Hyperliquid NEAR | +0.0154% | 1h | 4.3660 | −0.114% | $351.9M | $315.9M | 10x | as long as short |
| MEXC NEAR_USDT | +0.0171% | 8h | 4.3670 | −0.091% | $88.9M | $152.7M | 200x | as long as short |
| Binance NEARUSDT | +0.0172% | 8h | 4.3662 | −0.110% | $264.1M | $1.09B | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0178% | 8h | 4.3577 | −0.304% | $963K | $25.0M | 2.2x | as long as short |
| BingX NEAR-USDC | +0.0184% | 8h | 4.3630 | −0.182% | — | $6.7M | — | as long as short |
| 01 Exchange NEARUSD | +0.0240% | 1h | 4.3629 | −0.185% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0292% | 8h | 4.3570 | −0.320% | $13.3M | $32.1M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0319% / S −0.0207% | 1h | 4.3592 | −0.268% | $236K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0382% | 1h | 4.3575 | −0.308% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0454% | 1h | 4.3641 | −0.157% | $1.0M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3573 | −0.313% | $2.3M | $16.9M | 50x | as long as short |
| Lighter RH NEAR | +0.0536% | 1h | 4.3709 | −0.002% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEARlong | +0.0560% | 1h | 4.3710 | long leg | $17.2M | $25.3M | 15x | |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3610 | −0.228% | $229K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0759% | 1h | 4.3632 | −0.178% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3663 | −0.107% | $411K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3607 | −0.235% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3615 | −0.216% | $606K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1136% | 1h | 4.3444 | −0.607% | $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
HTX NEAR-USDT
Aster NEARUSDT
Hyperliquid NEAR
MEXC NEAR_USDT
Binance NEARUSDT
Kalshi KXNEARPERP
BingX NEAR-USDC
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD