Funding you earn now, next payment 23:00 UTC−0.0900%/8h= −98.5% APRnext payment −$1.13 per $10,000 · paid last 24h −0.180%
Price spread now: SoDEX against Lighter−0.198%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and SoDEX is 0.198% cheaper against Lighter than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.2994 | 0.1000 | pay 0.0125% / 1h | 5m 07s | $16.5M | $23.8M | 15x |
| Short | SoDEX NEAR-USD | 4.2909 | 0.0100 | get 0.0013% / 1h | 5m 07s | $5K | $46K | 10x |
Lighter NEAR
SoDEX NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$189
- Price spread: −0.198% → 0.000%
- −$19.77
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$216.77
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 9 min ago; SoDEX: no order-book sample. Net counts fees only.
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, 9 min ago | 2.02 bp | 2.1 bp −$2 | 14.7 bp −$147 | 62.2 bp −$6,215 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.2903 | −0.212% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.2898 | −0.223% | $2.2M | $13.2M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −3.684% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2862 | −0.306% | $112K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2948 | −0.107% | $455K | $18.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2922 | −0.167% | $207K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0047% | 1h | 4.2943 | −0.119% | $7.8M | $36.3M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2940 | −0.126% | $107K | $490K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2878 | −0.270% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2949 | −0.105% | $3.0M | $5.6M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.2891 | −0.240% | $399K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2882 | −0.261% | $249.0M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2850 | −0.335% | $220.3M | $420.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2860 | −0.312% | $60.4M | $283.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2910 | −0.195% | $197K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2317 | −1.575% | $241K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2882 | −0.261% | $30.3M | $59.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2870 | −0.288% | $83.8M | $145.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2910 | −0.195% | $56.3M | $43.3M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2867 | −0.295% | $71.3M | $125.8M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2860 | −0.312% | — | $137.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2849 | −0.337% | $8.0M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2739 | −0.594% | $244K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2644 | −0.814% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2740 | −0.591% | $179K | $790K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2983 | −0.026% | $231K | $3.3M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2929 | −0.151% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2990 | −0.009% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USDshort | +0.0100% | 1h | 4.2909 | −0.198% | $5K | $46K | 10x | |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2860 | −0.312% | $3.9M | $8.1M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2889 | −0.243% | $4.0M | $14.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2915 | −0.185% | $207K | $62K | 3x | as long as short |
| 01 Exchange NEARUSD | +0.0152% | 1h | 4.2990 | −0.009% | $13K | $7K | 10x | as long as short |
| Lighter RH NEAR | +0.0168% | 1h | 4.2949 | −0.105% | $1.5M | $7.0M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2910 | −0.195% | $12.6M | $32.8M | 75x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.2972 | −0.050% | $414K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0391% / S −0.0335% | 1h | 4.2929 | −0.152% | $293K | — | 100x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0402% | 1h | 4.2952 | −0.098% | $1.9M | $2.3M | 25x | as long as short |
| Nado NEAR-PERP | +0.0469% | 1h | 4.2914 | −0.185% | $1.9M | $3.5M | 10x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.2890 | −0.242% | $1.8M | $2.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0558% | 1h | 4.2922 | −0.167% | $1.3M | $5.5M | 20x | as long as short |
| Hyperliquid NEAR | +0.0663% | 1h | 4.2973 | −0.049% | $371.3M | $297.3M | 10x | as long as short |
| HTX NEAR-USDT | +0.0927% | 8h | 4.3080 | +0.200% | $462K | $3.6M | 75x | as long as short |
| Lighter NEARlong | +0.1000% | 1h | 4.2994 | long leg | $16.5M | $23.8M | 15x | |
| Aftermath Perps NEARUSD | +0.1002% | 1h | 4.2635 | −0.836% | $5K | $11K | 10x | as long as short |
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
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
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
01 Exchange NEARUSD
Lighter RH NEAR
BloFin NEAR-USDT
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Deribit NEAR_USDC-PERPETUAL
Nado NEAR-PERP
Phoenix NEAR
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD