NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0264%/8h= −28.9% APRnext payment −$0.33 per $10,000 · paid last 24h −0.051%

Price spread now: Extended against Lighter RH−0.178%7-day average −0.192% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$200.197% of the position

Long on Lighter RH Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.444%−$44 on $10k

Price spread, last 7 days+0.093%+$9 · spread now −0.178%, 7d avg −0.192%

Together, before fees−0.351%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board−$35 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.192%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH NEAR	4.3641	0.0912	pay 0.0114% / 1h	26m 12s	$1.5M	$7.4M	10x
Short	Extended NEAR-USD	4.3563	0.0648	get 0.0081% / 1h	26m 12s	$3.8M	$20.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee ExtendedbpOrdersPrice spread, now −0.178%Rate

Funding earned: −$55.44
Price spread: −0.178% → −0.192%: $1.32
Slippage, 4 orders: −$14.69
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$73.81
Costs to cover: 0.197%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 2 min ago; Extended: live order book, 3 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	2.06 bp	3.7 bp −$4	9.8 bp −$98	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	3.44 bp	7.2 bp −$7	11.0 bp −$110	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	4.3589	−0.120%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3565	−0.174%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3608	−0.076%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.112%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3638	−0.007%	$2.4M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3600	−0.094%	$110K	$501K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3627	−0.031%	$267.4M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3556	−0.195%	$215.6M	$428.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3550	−0.209%	$61.8M	$292.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3412	−0.525%	$247K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3566	−0.172%	$32.3M	$61.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3600	−0.094%	$73.4M	$145.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3610	−0.071%	$54.0M	$46.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3557	−0.192%	$71.6M	$129.0M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3580	−0.140%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3637	−0.008%	$8.4M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3625	−0.036%	$255K	$946K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3589	−0.118%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3600	−0.094%	$168K	$798K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3642	+0.002%	$279K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3593	−0.110%	$58K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3690	+0.112%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3730	+0.204%	$474K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3600	−0.094%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3566	−0.173%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3615	−0.060%	$203K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3660	+0.044%	$13.6M	$32.4M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3603	−0.088%	$409K	$1.3M	10x	as long as short
Kalshi KXNEARPERP	+0.0284%	8h	4.3572	−0.158%	$783K	$23.3M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0326% / S −0.0203%	1h	4.3611	−0.068%	$236K	—	100x	as long as short
Aster NEARUSDT	+0.0333%	8h	4.3610	−0.071%	$2.9M	$5.5M	50x	as long as short
SoDEX NEAR-USD	+0.0377%	1h	4.3577	−0.147%	$6K	$53K	10x	as long as short
01 Exchange NEARUSD	+0.0528%	1h	4.3642	+0.002%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0566%	1h	4.3584	−0.130%	$1.8M	$3.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0579%	1h	4.3618	−0.053%	$1.3M	$6.7M	20x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3630	−0.025%	$214K	$1.6M	10x	as long as short
Hyperliquid NEAR	+0.0640%	1h	4.3606	−0.080%	$357.6M	$317.8M	10x	as long as short
Extended NEAR-USDshort	+0.0648%	1h	4.3563	−0.178%	$3.8M	$20.0M	25x
Kraken Futures PF_NEARUSD	+0.0707%	1h	4.3584	−0.130%	$7.6M	$39.3M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0852%	1h	4.3605	−0.082%	$1.9M	$9.0M	25x	as long as short
Lighter RH NEARlong	+0.0912%	1h	4.3641	long leg	$1.5M	$7.4M	10x
Phoenix NEAR	+0.0941%	1h	4.3666	+0.057%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.1120%	1h	4.3651	+0.023%	$17.6M	$25.0M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3625	−0.037%	$684K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1541%	1h	4.3568	−0.166%	$5K	$12K	10x	as long as short