Funding you earn now, next payment 07:00 UTC−0.0912%/8h= −99.9% APRnext payment −$1.14 per $10,000 · paid last 24h −0.102%
Price spread now: dYdX against Lighter RH+0.016%59s7-day average −0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as 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−$1481.483% of the position
Funding, last 7 days−0.657%−$66 on $10k
+Price spread, last 4 days (all we have)−0.198%−$20 · spread now +0.016%, 7d avg −0.158%
=Together, before fees−0.855%+ Points / potential airdropLighter RH: Points live · farm board−$86 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.174% dearer against Lighter RH than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.158%): +$17 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.657% in total) that is about 44 hours. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.4136 | 0.0912 | pay 0.0114% / 1h | 29m 46s | $1.5M | $6.7M | 10x |
| Short | dYdX NEAR-USD | 4.4143 | 0 | get 0.0000% / 1h | 29m 46s | $109K | $68K | 10x |
Lighter RH NEAR
dYdX NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$191.52
- Price spread: +0.016% → −0.158%
- $17.36
- Slippage, 4 orders
- −$138.34
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$322.5
- Costs to cover
- 1.483%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; dYdX: live order book, 14 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, 4 min ago | 4.50 bp | 5.3 bp −$5 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 14 min ago | 63.44 bp | 68.4 bp −$68 | 68.4 bp −$684 | 149.0 bp −$14.9K | 508.3 bp −$254.1K |
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 | 4.4138 | +0.005% | $2K | — | 20x | as long as short |
| dYdX NEAR-USDshort | 0.0000% | 1h | 4.4143 | +0.016% | $109K | $68K | 10x | |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4222 | +0.194% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.176% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4170 | +0.077% | $111K | $491K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4072 | −0.145% | $223.4M | $435.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4080 | −0.127% | $62.2M | $295.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4350 | +0.485% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4064 | −0.163% | $35.4M | $61.5M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4070 | −0.150% | $53.4M | $46.2M | 75x | as long as short |
Reya NEARRUSDPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4078 | −0.131% | $72.9M | $126.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4217 | +0.184% | $8.8M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4331 | +0.442% | $259K | $966K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4270 | +0.304% | $167K | $805K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4186 | +0.113% | $298K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4122 | −0.032% | $59K | $236K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4260 | +0.281% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4180 | +0.100% | $464K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4160 | +0.054% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0105% | 8h | 4.4080 | −0.127% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0115% | 8h | 4.4407 | +0.614% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4142 | +0.014% | $205K | $38K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0192% | 1h | 4.4085 | −0.116% | $5K | $53K | 10x | as long as short |
| BingX NEAR-USDC | +0.0194% | 8h | 4.4090 | −0.104% | — | $6.7M | — | as long as short |
| MEXC NEAR_USDT | +0.0200% | 8h | 4.4110 | −0.059% | $80.1M | $148.2M | 200x | as long as short |
| Binance NEARUSDT | +0.0200% | 8h | 4.4083 | −0.119% | $269.1M | $1.09B | 75x | as long as short |
| Extended NEAR-USD | +0.0216% | 1h | 4.4084 | −0.117% | $3.7M | $18.4M | 25x | as long as short |
| Kalshi KXNEARPERP | +0.0265% | 8h | 4.4145 | +0.020% | $1.1M | $25.1M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0313% | 8h | 4.4070 | −0.150% | $2.8M | $5.0M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0197% | 1h | 4.4211 | +0.169% | $234K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0320% | 8h | 4.4290 | +0.349% | $13.8M | $32.7M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4185 | +0.111% | $2.3M | $16.6M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0445% | 1h | 4.4120 | −0.036% | $1.4M | $6.8M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0456% | 1h | 4.4219 | +0.188% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0478% | 1h | 4.4050 | −0.195% | $360.2M | $313.9M | 10x | as long as short |
| Nado NEAR-PERP | +0.0602% | 1h | 4.4150 | +0.032% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0662% | 1h | 4.4066 | −0.160% | $7.3M | $38.4M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0703% | 1h | 4.4130 | −0.014% | $1.9M | $13.1M | 25x | as long as short |
| Lighter NEAR | +0.0840% | 1h | 4.4053 | −0.189% | $17.3M | $25.2M | 15x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4150 | +0.032% | $224K | $1.6M | 10x | as long as short |
| Lighter RH NEARlong | +0.0912% | 1h | 4.4136 | long leg | $1.5M | $6.7M | 10x | |
| Phoenix NEAR | +0.1003% | 1h | 4.4381 | +0.555% | $1.8M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4042 | −0.213% | $420K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4204 | +0.154% | $669K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1280% | 1h | 4.4345 | +0.473% | $6K | $12K | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
SoDEX NEAR-USD
BingX NEAR-USDC
MEXC NEAR_USDT
Binance NEARUSDT
Extended NEAR-USD
Kalshi KXNEARPERP
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Arcus NEAR-USD
Phoenix NEAR
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD