Funding you earn now, next payment 05:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h −0.086%
Price spread now: RISEx against Lighter+0.086%7-day average −0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$250.255% of the position
Funding, last 4 days (all we have)−0.176%−$18 on $10k
+Price spread, last 7 days−0.213%−$21 · spread now +0.086%, 7d avg −0.126%
=Together, before fees−0.389%+ Points / potential airdropLighter: Season 3 · farm board−$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and RISEx is 0.212% dearer against Lighter than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.126%. Mind the row above: over the last 4 days funding on this pair cost −0.176%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.3464 | 0.1104 | pay 0.0138% / 1h | 19m 09s | $17.5M | $25.0M | 15x |
| Short | RISEx NEAR/USDC | 4.3502 | 0.1162 | get 0.0145% / 1h | 19m 09s | $687K | $1.3M | 10x |
Lighter NEAR
RISEx NEAR/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $12.23
- Price spread: +0.086% → −0.126%
- $21.22
- Slippage, 4 orders
- −$19.48
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $7.97
- Costs to cover
- 0.255%
- Break-even
- 2.4 days
Slippage from Lighter: live order book, 5 min ago; RISEx: 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 | 2.77 bp | 8.9 bp −$9 | 21.9 bp −$219 | 86.5 bp −$8,651 | doesn't fit |
| Sell RISEx live order book, 5 min ago | 3.24 bp | 6.2 bp −$6 | 13.6 bp −$136 | 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 | 4.3399 | −0.150% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3486 | +0.049% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3372 | −0.212% | $162K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.726% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3486 | +0.050% | $2.3M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3430 | −0.079% | $110K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3433 | −0.073% | $265.7M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3386 | −0.180% | $214.5M | $426.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3390 | −0.171% | $61.4M | $289.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3250 | −0.493% | $246K | −$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 | 4.3378 | −0.199% | $32.1M | $61.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3430 | −0.079% | $73.9M | $146.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3420 | −0.102% | $53.8M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3383 | −0.187% | $71.5M | $127.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3420 | −0.102% | — | $145.9M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3327 | −0.315% | $8.2M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3370 | −0.216% | $253K | $949K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3370 | −0.217% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3370 | −0.217% | $167K | $795K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3454 | −0.024% | $275K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3406 | −0.134% | $57K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3480 | +0.036% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3560 | +0.220% | $472K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3430 | −0.079% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3445 | −0.043% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3404 | −0.139% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3430 | −0.079% | $13.5M | $32.2M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3503 | +0.089% | $402K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0288% | 8h | 4.3465 | +0.002% | $876K | $23.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0324% / S −0.0198% | 1h | 4.3364 | −0.231% | $234K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0335% | 8h | 4.3430 | −0.079% | $2.8M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0354% | 1h | 4.3385 | −0.182% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0512% | 1h | 4.3517 | +0.121% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0570% | 1h | 4.3417 | −0.109% | $1.8M | $3.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0583% | 1h | 4.3414 | −0.116% | $1.3M | $6.7M | 20x | as long as short |
| Hyperliquid NEAR | +0.0590% | 1h | 4.3460 | −0.010% | $355.8M | $314.3M | 10x | as long as short |
| Extended NEAR-USD | +0.0600% | 1h | 4.3366 | −0.227% | $3.8M | $20.0M | 25x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3500 | +0.082% | $214K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0649% | 1h | 4.3400 | −0.148% | $1.9M | $9.5M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0710% | 1h | 4.3408 | −0.131% | $7.6M | $39.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0896% | 1h | 4.3464 | −0.001% | $1.5M | $7.4M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3290 | −0.401% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEARlong | +0.1104% | 1h | 4.3464 | long leg | $17.5M | $25.0M | 15x | |
| RISEx NEAR/USDCshort | +0.1162% | 1h | 4.3502 | +0.086% | $687K | $1.3M | 10x | |
| Aftermath Perps NEARUSD | +0.1548% | 1h | 4.3466 | +0.004% | $5K | $13K | 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
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Extended NEAR-USD
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
Aftermath Perps NEARUSD