Funding you earn now, next payment 05:00 UTC−0.0676%/8h= −74.0% APRpaid last 24h −0.021%
Price spread now: BloFin against Lighter RH−0.164%61s7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.323% of the position
Funding, last 7 days−0.235%−$24 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.164%, 7d avg −0.144%
=Together, before fees−0.262%+ Points / potential airdropLighter RH: Points live · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.144%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.235% in total (about -12.3% 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 | 4.3331 | 0.0896 | pay 0.0112% / 1h | 22m 09s | $1.5M | $7.4M | 10x |
| Short | BloFin NEAR-USDT | 4.3260 | 0.0220 | get 0.0220% / 8h | 3h 22m | $13.4M | $32.1M | 75x |
Lighter RH NEAR
BloFin NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$141.96
- Price spread: −0.164% → −0.144%
- −$1.97
- Slippage, 4 orders
- −$20.27
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$176.2
- Costs to cover
- 0.323%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; BloFin: live order book, 12 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, 2 min ago | 2.54 bp | 2.5 bp −$3 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 12 min ago | 2.31 bp | 12.6 bp −$13 | 15.8 bp −$158 | 30.1 bp −$3,011 | 75.2 bp −$37.6K |
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 | 4.3274 | −0.132% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3189 | −0.327% | $106K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3300 | −0.072% | $162K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.433% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3361 | +0.069% | $2.3M | $15.8M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3210 | −0.279% | $109K | $505K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3310 | −0.048% | $265.4M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3272 | −0.136% | $214.2M | $428.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3270 | −0.141% | $61.3M | $290.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3250 | −0.186% | $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 | 4.3266 | −0.150% | $31.9M | $61.6M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3310 | −0.048% | $73.6M | $145.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3300 | −0.072% | $53.7M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3274 | −0.132% | $71.4M | $128.5M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3280 | −0.118% | — | $145.8M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3627 | +0.683% | $8.4M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3622 | +0.671% | $255K | $947K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3500 | +0.390% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3640 | +0.713% | $168K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3298 | −0.076% | $276K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3349 | +0.042% | $57K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3380 | +0.113% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3410 | +0.182% | $471K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3300 | −0.072% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3249 | −0.189% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3336 | +0.011% | $201K | $37K | 3x | as long as short |
| BloFin NEAR-USDTshort | +0.0220% | 8h | 4.3260 | −0.164% | $13.4M | $32.1M | 75x | |
| Pacifica NEAR | +0.0263% | 1h | 4.3221 | −0.254% | $406K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0276% | 8h | 4.3240 | −0.210% | $873K | $23.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0323% / S −0.0198% | 1h | 4.3269 | −0.144% | $233K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0331% | 8h | 4.3300 | −0.072% | $2.8M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0361% | 1h | 4.3305 | −0.060% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0520% | 1h | 4.3250 | −0.187% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0570% | 1h | 4.3322 | −0.021% | $1.3M | $6.7M | 20x | as long as short |
| Nado NEAR-PERP | +0.0591% | 1h | 4.3269 | −0.143% | $1.8M | $3.1M | 10x | as long as short |
| Hyperliquid NEAR | +0.0602% | 1h | 4.3314 | −0.039% | $354.7M | $313.7M | 10x | as long as short |
| Extended NEAR-USD | +0.0624% | 1h | 4.3292 | −0.090% | $3.8M | $20.0M | 25x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3300 | −0.072% | $213K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0711% | 1h | 4.3317 | −0.033% | $7.6M | $39.3M | 50x | as long as short |
| Lighter RH NEARlong | +0.0896% | 1h | 4.3331 | long leg | $1.5M | $7.4M | 10x | |
| Phoenix NEAR | +0.0941% | 1h | 4.3721 | +0.900% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.1104% | 1h | 4.3384 | +0.123% | $17.5M | $25.0M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3283 | −0.111% | $687K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1555% | 1h | 4.3415 | +0.194% | $5K | $13K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1667% | 1h | 4.3375 | +0.102% | $1.9M | $9.4M | 25x | 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
Pacifica NEAR
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
SoDEX NEAR-USD
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Hyperliquid NEAR
Extended NEAR-USD
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL