Funding you earn now, next payment 22:00 UTC−0.0138%/8h= −15.1% APRnext payment −$0.17 per $10,000 · paid last 24h +0.204%
Price spread now: Arcus against Lighter RH−0.166%7-day average −0.103% · 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−$29as in the Price arb table
costs, in and out, $10k−$230.226% of the position
Funding, last 3 days (all we have)+0.011%+$1 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now −0.166%, 7d avg −0.103%
=Together, before fees+0.105%+ Points / potential airdropLighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Arcus is 0.063% cheaper against Lighter RH than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.103%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.1479 | 0.0256 | pay 0.0032% / 1h | 3m 22s | $1.4M | $7.2M | 10x |
| Short | Arcus NEAR-USD | 4.1410 | 0.0118 | get 0.0015% / 1h | 3m 22s | $308K | $1.6M | 10x |
Lighter RH NEAR
Arcus NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter RH. 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
- −$28.98
- Price spread: −0.166% → −0.103%
- −$6.34
- Slippage, 4 orders
- −$18.1
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$57.93
- Costs to cover
- 0.226%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 5 min ago; Arcus: live order book, 1 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 RH live order book, 5 min ago | 3.87 bp | 4.1 bp −$4 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 1 min ago | 3.62 bp | 7.1 bp −$7 | 9.3 bp −$93 | 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 | 4.1343 | −0.328% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0024% | 1h | 4.1338 | −0.340% | $2.1M | $12.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1406 | −0.175% | $104K | $54K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1364 | −0.277% | $397K | $18.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1355 | −0.298% | $205K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −0.166% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1370 | −0.263% | $110K | $490K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1355 | −0.299% | $53K | $157K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1387 | −0.223% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1424 | −0.134% | $2.9M | $5.9M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
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 | 4.1429 | −0.121% | $349K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1350 | −0.311% | $235.7M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1324 | −0.374% | $210.5M | $428.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1340 | −0.335% | $56.4M | $275.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1150 | −0.793% | $234K | $6K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1361 | −0.284% | $29.4M | $58.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1360 | −0.287% | $81.1M | $145.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1390 | −0.215% | $55.9M | $44.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1345 | −0.323% | $68.7M | $126.8M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.1340 | −0.335% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1203 | −0.665% | $7.6M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1304 | −0.423% | $235K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1313 | −0.400% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1340 | −0.335% | $181K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1405 | −0.178% | $204K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1430 | −0.118% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1349 | −0.313% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1360 | −0.287% | $3.8M | $8.2M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1375 | −0.250% | $3.8M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1340 | −0.336% | $200K | $61K | 3x | as long as short |
| Arcus NEAR-USDshort | +0.0118% | 1h | 4.1410 | −0.166% | $308K | $1.6M | 10x | |
| Kraken Futures PF_NEARUSD | +0.0150% | 1h | 4.1396 | −0.201% | $7.5M | $37.1M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0160% | 1h | 4.1401 | −0.188% | $12K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0185% | 1h | 4.1371 | −0.260% | $1.8M | $2.1M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1290 | −0.456% | $12.2M | $33.6M | 75x | as long as short |
| Lighter RH NEARlong | +0.0256% | 1h | 4.1479 | long leg | $1.4M | $7.2M | 10x | |
| Nado NEAR-PERP | +0.0354% | 1h | 4.1380 | −0.239% | $1.8M | $3.6M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0377% / S −0.0324% | 1h | 4.1347 | −0.318% | $276K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.1401 | −0.188% | $412K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0582% | 1h | 4.1315 | −0.395% | $1.7M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.0720% | 1h | 4.1490 | +0.025% | $15.3M | $23.1M | 15x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0743% | 1h | 4.1446 | −0.080% | $1.4M | $5.7M | 20x | as long as short |
| Hyperliquid NEAR | +0.0844% | 1h | 4.1403 | −0.183% | $348.0M | $299.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0919% | 1h | 4.1306 | −0.418% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1063% | 8h | 4.1450 | −0.070% | $446K | $3.7M | 75x | as long as short |
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Deribit NEAR_USDC-PERPETUAL
BloFin NEAR-USDT
Nado NEAR-PERP
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Phoenix NEAR
Lighter NEAR
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT