Funding you earn now, next payment 03:00 UTC−0.0807%/8h= −88.3% APRnext payment −$1.01 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against Lighter RH−5.173%7-day average +0.802% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.400%−$40 on $10k
+Price spread, last 3 days (all we have)+6.773%+$677 · spread now −5.173%, 7d avg +0.802%
=Together, before fees+6.373%+ Points / potential airdropLighter RH: Points live · farm board+$637 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Injective is 5.975% cheaper against Lighter RH than usual: you would sell low and buy high (−$598 if the spread goes back to its 7-day average of +0.802%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.400% in total (about -20.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.01 per $10,000. 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 | 4.3669 | 0.0840 | pay 0.0105% / 1h | 58m 34s | $1.6M | $6.9M | 10x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 58m 34s | $578 | $302K | 12x |
Lighter RH NEAR
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$169.4
- Price spread: −5.173% → +0.802%
- −$597.52
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$766.94
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
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 | 2.29 bp | 2.5 bp −$2 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NEAR on 44 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 | 4.3599 | −0.161% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.3453 | −0.495% | $2.2M | $14.1M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3589 | −0.184% | $107K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3634 | −0.080% | $555K | $19.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3614 | −0.125% | $197K | — | 150x | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −5.173% | $578 | $302K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3620 | −0.112% | $114K | $489K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3612 | −0.130% | $412K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3640 | −0.067% | $264.7M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3618 | −0.117% | $219.8M | $416.4M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3570 | −0.227% | $61.9M | $288.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3555 | −0.261% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3595 | −0.169% | $31.4M | $61.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3610 | −0.135% | $75.8M | $139.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3630 | −0.089% | $53.9M | $43.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3578 | −0.208% | $71.5M | $125.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3590 | −0.181% | — | $143.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3517 | −0.347% | $8.4M | $18.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3545 | −0.284% | $269K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3541 | −0.294% | $1.4M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3520 | −0.341% | $194K | $778K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3652 | −0.039% | $204K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3627 | −0.096% | $60K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3680 | +0.025% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3605 | −0.147% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3700 | +0.071% | $456K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3570 | −0.227% | $3.8M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3565 | −0.239% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3581 | −0.202% | $3.8M | $18.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3620 | −0.112% | $203K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0183% | 8h | 4.3650 | −0.044% | $3.0M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0348% / S −0.0243% | 1h | 4.3608 | −0.139% | $255K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0392% | 1h | 4.3660 | −0.021% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.3640 | −0.066% | $208K | $1.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0415% | 1h | 4.3638 | −0.071% | $1.9M | $4.3M | 25x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.3584 | −0.195% | $1.8M | $2.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0677% | 1h | 4.3625 | −0.101% | $1.5M | $6.3M | 20x | as long as short |
| Hyperliquid NEAR | +0.0685% | 1h | 4.3671 | +0.005% | $367.6M | $306.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0706% | 1h | 4.3624 | −0.102% | $8.2M | $41.1M | 50x | as long as short |
| Nado NEAR-PERP | +0.0716% | 1h | 4.3616 | −0.121% | $1.9M | $3.1M | 10x | as long as short |
| Lighter RH NEARlong | +0.0840% | 1h | 4.3669 | long leg | $1.6M | $6.9M | 10x | |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.3652 | −0.039% | $550K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.1376% | 1h | 4.3697 | +0.064% | $17.5M | $25.5M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1709% | 1h | 4.3682 | +0.029% | $5K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
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
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Kraken Futures PF_NEARUSD
Nado NEAR-PERP
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD