Funding you earn now, next payment 10:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.098%
Price spread now: Coinbase International against Lighter RH−0.016%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 7 days−0.678%−$68 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now −0.016%, 7d avg −0.159%
=Together, before fees−0.859%+ Points / potential airdropLighter RH: Points live · farm board−$86 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 Coinbase International is 0.143% dearer against Lighter RH than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.159%. Mind the row above: over the last 7 days funding on this pair cost −0.678%, 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 RH NEAR | 4.5008 | 0.0440 | pay 0.0055% / 1h | 51m 54s | $1.6M | $5.8M | 10x |
| Short | Coinbase International NEAR-PERP-INTX | 4.5001 | 0.0504 | get 0.0063% / 1h | 51m 54s | $2.3M | $17.6M | 50x |
Lighter RH NEAR
Coinbase International NEAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $13.44
- Price spread: −0.016% → −0.159%
- $14.3
- Slippage, 4 orders
- −$25.05
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$7.32
- Costs to cover
- 0.351%
- Break-even
- 10.8 days
Slippage from Lighter RH: live order book, 5 min ago; Coinbase International: 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 RH live order book, 5 min ago | 2.12 bp | 4.6 bp −$5 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 6.11 bp | 11.3 bp −$11 | 17.6 bp −$176 | 893.7 bp −$89.4K | doesn't fit |
NEAR on 45 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0235% | 1h | 4.4938 | −0.155% | $7.4M | $36.9M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4959 | −0.109% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4905 | −0.229% | $110K | $53K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4914 | −0.209% | $845K | $26.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4768 | −0.533% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.994% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4950 | −0.129% | $124K | $505K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4902 | −0.236% | $2.6M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4904 | −0.231% | $272.5M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4890 | −0.262% | $231.8M | $428.0M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4880 | −0.284% | $64.2M | $298.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4950 | −0.129% | $268K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4877 | −0.291% | $39.8M | $61.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4900 | −0.240% | $75.9M | $167.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4920 | −0.196% | $53.3M | $44.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4879 | −0.287% | $74.4M | $126.7M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4890 | −0.262% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4874 | −0.299% | $8.9M | $16.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4966 | −0.094% | $266K | $867K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4729 | −0.620% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4640 | −0.818% | $166K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4995 | −0.029% | $281K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4971 | −0.082% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5040 | +0.071% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4945 | −0.140% | $5K | $40K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5020 | +0.027% | $467K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4980 | −0.062% | $3.4M | $7.9M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4939 | −0.153% | $32K | $51 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4885 | −0.273% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4950 | −0.129% | $209K | $38K | 3x | as long as short |
| Lighter NEAR | +0.0176% | 1h | 4.5001 | −0.016% | $17.6M | $23.3M | 15x | as long as short |
| Nado NEAR-PERP | +0.0197% | 1h | 4.4985 | −0.051% | $1.7M | $3.1M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4850 | −0.351% | $12.9M | $32.5M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0248% | 1h | 4.4949 | −0.131% | $13K | $4K | 10x | as long as short |
| Hyperliquid NEAR | +0.0270% | 1h | 4.4982 | −0.057% | $362.4M | $314.6M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0341% / S −0.0226% | 1h | 4.4925 | −0.184% | $263K | — | 100x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.5020 | +0.027% | $227K | $1.4M | 10x | as long as short |
| Lighter RH NEARlong | +0.0440% | 1h | 4.5008 | long leg | $1.6M | $5.8M | 10x | |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.4992 | −0.035% | $635K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | +0.0504% | 1h | 4.5001 | −0.016% | $2.3M | $17.6M | 50x | |
| Backpack NEAR_USDC_PERP | +0.0647% | 1h | 4.4998 | −0.022% | $1.1M | $7.0M | 20x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.5045 | +0.082% | $1.7M | $2.7M | 10x | as long as short |
| Pacifica NEAR | +0.0851% | 1h | 4.4880 | −0.284% | $422K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1085% | 1h | 4.5007 | −0.002% | $1.9M | $13.0M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1149% | 1h | 4.4890 | −0.262% | $6K | $6K | 10x | as long as short |
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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Lighter NEAR
Nado NEAR-PERP
BloFin NEAR-USDT
01 Exchange NEARUSD
Hyperliquid NEAR
GMX NEAR/USD [ETH-USDC]
Arcus NEAR-USD
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD