Funding you earn now, next payment 00:00 UTC+0.0500%/8h= +54.8% APRpaid last 24h +0.037%
Price spread now: HTX against Lighter RH+0.197%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 3 days (all we have)−0.099%−$10 · spread now +0.197%, 7d avg +0.097%
=Together, before fees+0.009%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and HTX is 0.099% dearer against Lighter RH than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.097%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% 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 | 4.2746 | 0.0360 | pay 0.0045% / 1h | 41m 16s | $1.5M | $7.0M | 10x |
| Short | HTX NEAR-USDT | 4.2830 | 0.0860 | get 0.0860% / 8h | 41m 16s | $459K | $3.7M | 75x |
Lighter RH NEAR
HTX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $105.06
- Price spread: +0.197% → +0.097%
- $9.93
- Slippage, 4 orders
- −$32.06
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $70.93
- Costs to cover
- 0.441%
- Break-even
- 2.3 days
Slippage from Lighter RH: live order book, 2 min ago; HTX: 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 | 1.87 bp | 5.0 bp −$5 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 min ago | 9.36 bp | 18.1 bp −$18 | 60.6 bp −$606 | 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 | 4.2678 | −0.160% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2685 | −0.143% | $2.2M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2625 | −0.284% | $110K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2680 | −0.154% | $401K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2723 | −0.055% | $203K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.125% | $578 | $302K | 12x | as long as short |
| Bybit NEARUSDT | +0.0086% | 8h | 4.2643 | −0.241% | $218.6M | $422.1M | 75x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2710 | −0.084% | $109K | $496K | 50x | as long as short |
| Variational Omni NEAR | +0.0098% | 8h | 4.2670 | −0.179% | $7.8M | $18.0M | — | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2623 | −0.289% | $31K | $647 | 10x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Bybit NEARUSDT
Popdex NEARUSDT
Variational Omni NEAR
Paradex NEAR-USD-PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NEARUSDT | +0.0100% | 8h | 4.2723 | −0.054% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2659 | −0.204% | $401K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2682 | −0.150% | $252.8M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2670 | −0.178% | $60.8M | $285.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2670 | −0.178% | $201K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3000 | +0.594% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2708 | −0.089% | $30.1M | $59.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2670 | −0.178% | $78.2M | $141.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2710 | −0.084% | $55.9M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2668 | −0.182% | $70.9M | $126.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2700 | −0.108% | — | $138.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2703 | −0.100% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2680 | −0.154% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2710 | −0.084% | $178K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2748 | +0.005% | $188K | $3.4M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2678 | −0.159% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2720 | −0.061% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2683 | −0.147% | $13K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2690 | −0.131% | $3.9M | $8.4M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2665 | −0.189% | $4.0M | $15.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2687 | −0.137% | $206K | $62K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2693 | −0.123% | $7.6M | $37.1M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0160% | 1h | 4.2672 | −0.173% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2700 | −0.108% | $13.0M | $30.7M | 75x | as long as short |
| Lighter RH NEARlong | +0.0360% | 1h | 4.2746 | long leg | $1.5M | $7.0M | 10x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0374% / S −0.0313% | 1h | 4.2724 | −0.052% | $274K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2695 | −0.120% | $412K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0421% | 1h | 4.2607 | −0.325% | $1.3M | $5.5M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2717 | −0.068% | $1.8M | $2.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0523% | 1h | 4.2720 | −0.061% | $1.9M | $2.3M | 25x | as long as short |
| Nado NEAR-PERP | +0.0774% | 1h | 4.2714 | −0.074% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDTshort | +0.0860% | 8h | 4.2830 | +0.197% | $459K | $3.7M | 75x | |
| Hyperliquid NEAR | +0.1018% | 1h | 4.2755 | +0.021% | $367.3M | $299.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1197% | 1h | 4.2767 | +0.049% | $5K | $11K | 10x | as long as short |
| Lighter NEAR | +0.1800% | 1h | 4.2793 | +0.110% | $16.4M | $23.7M | 15x | as long as short |
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Nado NEAR-PERP
Hyperliquid NEAR
Aftermath Perps NEARUSD
Lighter NEAR