Funding you earn now, next payment 03:00 UTC−0.0620%/8h= −67.9% APRpaid last 24h −0.044%
Price spread now: MEXC against Lighter RH−0.068%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$130.130% of the position
Funding, last 7 days−0.455%−$46 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.068%, 7d avg −0.137%
=Together, before fees−0.391%+ Points / potential airdropLighter RH: Points live · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.069% dearer against Lighter RH than usual: you sell high and buy low (spread −0.068% now, against its 7-day average of −0.137%): +$7 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.455% in total) that is about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.4400 | 0.0720 | pay 0.0090% / 1h | 29m 44s | $1.6M | $6.9M | 10x |
| Short | MEXC NEAR_USDT | 4.4370 | 0.0100 | get 0.0100% / 8h | 5h 29m | $76.3M | $142.9M | 200x |
Lighter RH NEAR
MEXC NEAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$130.2
- Price spread: −0.068% → −0.137%
- $6.93
- Slippage, 4 orders
- −$12.98
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$136.26
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; MEXC: live order book, 4 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 | 2.58 bp | 2.6 bp −$3 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.13 bp | 1.1 bp −$1 | 3.8 bp −$38 | 15.9 bp −$1,586 | 88.1 bp −$44.0K |
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 | 4.4318 | −0.184% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4314 | −0.194% | $2.2M | $14.7M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4232 | −0.378% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4224 | −0.396% | $638K | $19.6M | 2.2x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | 0.0000% | 1h | 4.4379 | −0.047% | $1.9M | $4.4M | 25x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.4277 | −0.278% | $200K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.734% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4370 | −0.068% | $116K | $490K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4242 | −0.356% | $418K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4332 | −0.153% | $269.1M | $1.08B | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
Deribit NEAR_USDC-PERPETUAL
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | +0.0100% | 8h | 4.4390 | −0.023% | $223.2M | $419.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4330 | −0.158% | $63.6M | $294.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4421 | +0.047% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4358 | −0.095% | $32.1M | $62.8M | 75x | as long as short |
| MEXC NEAR_USDTshort | +0.0100% | 8h | 4.4370 | −0.068% | $76.3M | $142.9M | 200x | |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4390 | −0.023% | $55.6M | $44.3M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4331 | −0.155% | $73.0M | $127.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4390 | −0.023% | — | $145.2M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4186 | −0.482% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4477 | +0.175% | $267K | $989K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4540 | +0.316% | $1.5M | $1.4M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4357 | −0.097% | $216K | $3.7M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4309 | −0.205% | $60K | $195K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4330 | −0.158% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4325 | −0.169% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4300 | −0.225% | $461K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4340 | −0.135% | $3.9M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4201 | −0.449% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4364 | −0.080% | $3.8M | $18.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4325 | −0.169% | $206K | $34K | 3x | as long as short |
| ApeX Omni NEARUSDT | +0.0186% | 1h | 4.4450 | +0.113% | $172K | $793K | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4160 | −0.541% | $13.6M | $31.2M | 75x | as long as short |
| Aster NEARUSDT | +0.0238% | 8h | 4.4386 | −0.032% | $3.0M | $5.4M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0245% | 1h | 4.4324 | −0.171% | $261K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0390% | 1h | 4.4350 | −0.113% | $1.9M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0392% | 1h | 4.4335 | −0.146% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4350 | −0.113% | $211K | $1.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0576% | 1h | 4.4447 | +0.106% | $1.4M | $6.6M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0695% | 1h | 4.4324 | −0.170% | $8.2M | $41.0M | 50x | as long as short |
| Lighter RH NEARlong | +0.0720% | 1h | 4.4400 | long leg | $1.6M | $6.9M | 10x | |
| Hyperliquid NEAR | +0.0746% | 1h | 4.4383 | −0.038% | $369.7M | $309.0M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.4463 | +0.142% | $1.8M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4371 | −0.066% | $559K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.1288% | 1h | 4.4397 | −0.006% | $17.8M | $25.9M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1688% | 1h | 4.4254 | −0.329% | $6K | $12K | 10x | as long as short |
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
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
ApeX Omni NEARUSDT
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
01 Exchange NEARUSD
Arcus NEAR-USD
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD