Settings8H · net · $10k
Funding arb · Price arb /

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0890%/8h= −97.4% APRnext payment $1.11 per $10,000 · paid last 24h −0.086%
Price spread now: gTrade (Gains Network) against Lighter RH+0.637%7-day average −0.150% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2832.831% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.415%−$41 on $10k
Price spread, last 4 days (all we have)−0.783%−$78 · spread now +0.637%, 7d avg −0.150%
Together, before fees−1.198%+ Points / potential airdropLighter RH: Points live · farm board−$120 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.787% dearer against Lighter RH than usual: you sell high and buy low (spread +0.637% now, against its 7-day average of −0.150%): +$79 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 3 days (−0.415% in total) that is about 6.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NEAR4.31440.0896pay 0.0112% / 1h45m 34s$1.5M$7.4M10x
ShortgTrade (Gains Network) NEAR/USD4.3419L +0.0004% / S −0.0006%get 0.0001% / 1h45m 34s$163K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Funding earned
−$186.84
Price spread: +0.637% → −0.150%
$78.67
Slippage, 4 orders
−$273.06
Fee Lighter RH: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$391.23
Costs to cover
2.831%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 3 min ago2.75 bp7.4 bp −$714.8 bp −$148doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 8 min ago130.02 bp137.7 bp −$1381007.8 bp −$10.1Kdoesn't fitdoesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3095−0.113%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3049−0.220%$106K$69K10xas long as short
gTrade (Gains Network) NEAR/USDshortL +0.0004% / S −0.0006%1h4.3419+0.637%$163K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.019%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3468+0.751%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3080−0.148%$106K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.3120−0.056%$265.1M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3079−0.151%$215.2M$427.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3110−0.079%$61.3M$290.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3771+1.454%$249K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3061−0.192%$31.5M$60.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3080−0.148%$72.0M$144.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3120−0.056%$53.7M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3105−0.090%$70.7M$129.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3070−0.172%$146.2Mas long as short
Variational Omni NEAR+0.0100%8h4.3397+0.587%$8.4M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3444+0.695%$254K$950K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3580+1.011%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3430+0.663%$167K$799K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3115−0.067%$260K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3462+0.737%$58K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3490+0.802%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3450+0.709%$454K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3450+0.709%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3040−0.241%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3470+0.756%$202K$40K3xas long as short
Kalshi KXNEARPERP+0.0131%8h4.3437+0.679%$610K$22.9M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.3410+0.617%$13.7M$32.2M75xas long as short
Pacifica NEAR+0.0263%1h4.3106−0.087%$409K$1.2M10xas long as short
Aster NEARUSDT+0.0313%8h4.3162+0.042%$2.9M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0319% / S −0.0191%1h4.3416+0.631%$231K100xas long as short
SoDEX NEAR-USD+0.0418%1h4.3435+0.674%$8K$52K10xas long as short
Backpack NEAR_USDC_PERP+0.0497%1h4.3402+0.598%$1.4M$6.5M20xas long as short
01 Exchange NEARUSD+0.0528%1h4.3116−0.065%$13K$7K10xas long as short
Hyperliquid NEAR+0.0568%1h4.3143−0.002%$354.4M$319.8M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3150+0.014%$211K$1.6M10xas long as short
Extended NEAR-USD+0.0656%1h4.3048−0.222%$3.8M$19.8M25xas long as short
Kraken Futures PF_NEARUSD+0.0710%1h4.3394+0.580%$7.7M$39.7M50xas long as short
Nado NEAR-PERP+0.0775%1h4.3097−0.109%$1.8M$3.1M10xas long as short
Lighter RH NEARlong+0.0896%1h4.3144long leg$1.5M$7.4M10x
Phoenix NEAR+0.0941%1h4.3717+1.328%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1160%1h4.3141−0.007%$17.4M$24.9M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3130−0.031%$623K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1619%1h4.3533+0.903%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.2215%1h4.3523+0.878%$1.9M$8.4M25xas long as short