Funding you earn now, next payment 05:00 UTC−0.0804%/8h= −88.0% APRpaid last 24h −0.057%
Price spread now: BingX against Lighter RH−0.270%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$310.313% of the position
Funding, last 7 days−0.517%−$52 on $10k
+Price spread, last 7 days+0.187%+$19 · spread now −0.270%, 7d avg −0.146%
=Together, before fees−0.330%+ Points / potential airdropLighter RH: Points live · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and BingX is 0.124% cheaper against Lighter RH than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.146%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.517% in total (about -27.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.3668 | 0.0904 | pay 0.0113% / 1h | 28m 23s | $1.5M | $7.4M | 10x |
| Short | BingX NEAR-USDT | 4.3550 | 0.0100 | get 0.0100% / 8h | 3h 28m | — | $145.9M | — |
Lighter RH NEAR
BingX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$168.84
- Price spread: −0.270% → −0.146%
- −$12.38
- Slippage, 4 orders
- −$21.34
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$212.56
- Costs to cover
- 0.313%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 5 min ago; BingX: live order book, 11 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 | 3.91 bp | 5.2 bp −$5 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 1.16 bp | 6.2 bp −$6 | 7.8 bp −$78 | 21.5 bp −$2,148 | 49.4 bp −$24.7K |
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 | 4.3537 | −0.300% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3581 | −0.200% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3517 | −0.346% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.171% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3653 | −0.034% | $2.4M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3570 | −0.224% | $110K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3574 | −0.215% | $267.1M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3518 | −0.344% | $215.6M | $428.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3520 | −0.339% | $61.9M | $292.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3412 | −0.586% | $247K | −$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 | 4.3540 | −0.293% | $32.2M | $61.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3580 | −0.202% | $73.3M | $145.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3610 | −0.133% | $54.0M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3519 | −0.341% | $71.5M | $129.0M | 75x | as long as short |
| BingX NEAR-USDTshort | +0.0100% | 8h | 4.3550 | −0.270% | — | $145.9M | — | |
| Variational Omni NEAR | +0.0100% | 8h | 4.3637 | −0.070% | $8.4M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3632 | −0.082% | $255K | $951K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3676 | +0.017% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3600 | −0.156% | $168K | $798K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3587 | −0.185% | $280K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3546 | −0.279% | $58K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3660 | −0.018% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3690 | +0.050% | $474K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3550 | −0.270% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3573 | −0.217% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3558 | −0.251% | $203K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3630 | −0.087% | $13.6M | $32.4M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3619 | −0.113% | $409K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0283% | 8h | 4.3581 | −0.199% | $783K | $23.3M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0326% / S −0.0203% | 1h | 4.3514 | −0.353% | $236K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0331% | 8h | 4.3560 | −0.247% | $2.9M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0382% | 1h | 4.3519 | −0.341% | $8K | $49K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0528% | 1h | 4.3651 | −0.039% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0552% | 1h | 4.3623 | −0.103% | $1.3M | $6.7M | 20x | as long as short |
| Nado NEAR-PERP | +0.0567% | 1h | 4.3580 | −0.202% | $1.8M | $3.2M | 10x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3640 | −0.064% | $214K | $1.6M | 10x | as long as short |
| Hyperliquid NEAR | +0.0641% | 1h | 4.3610 | −0.133% | $357.6M | $317.7M | 10x | as long as short |
| Extended NEAR-USD | +0.0648% | 1h | 4.3504 | −0.375% | $3.8M | $20.0M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0708% | 1h | 4.3527 | −0.323% | $7.6M | $39.4M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0853% | 1h | 4.3549 | −0.273% | $1.9M | $9.0M | 25x | as long as short |
| Lighter RH NEARlong | +0.0904% | 1h | 4.3668 | long leg | $1.5M | $7.4M | 10x | |
| Phoenix NEAR | +0.0941% | 1h | 4.3543 | −0.286% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.1128% | 1h | 4.3595 | −0.166% | $17.6M | $25.0M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3634 | −0.077% | $686K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1549% | 1h | 4.3533 | −0.309% | $5K | $12K | 10x | as long as short |
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
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
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Arcus NEAR-USD
Hyperliquid NEAR
Extended NEAR-USD
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD