Funding you earn now, next payment 07:00 UTC−0.0505%/8h= −55.3% APRnext payment −$0.63 per $10,000 · paid last 24h +0.021%
Price spread now: Nado against Lighter RH−0.174%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$240.237% of the position
Funding, last 3 days (all we have)−0.240%−$24 on $10k
+Price spread, last 7 days+0.161%+$16 · spread now −0.174%, 7d avg −0.098%
=Together, before fees−0.079%+ Points / potential airdropLighter RH: Points live · Nado: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Nado is 0.077% cheaper against Lighter RH than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.098%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.4743 | 0.1040 | pay 0.0130% / 1h | 46m 22s | $1.5M | $6.6M | 10x |
| Short | Nado NEAR-PERP | 4.4665 | 0.0535 | get 0.0067% / 1h | 46m 22s | $1.8M | $3.2M | 10x |
Lighter RH NEAR
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$106.05
- Price spread: −0.174% → −0.098%
- −$7.68
- Slippage, 4 orders
- −$16.7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$137.44
- Costs to cover
- 0.237%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; Nado: 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 | 2.01 bp | 2.5 bp −$3 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 2.12 bp | 7.2 bp −$7 | 17.2 bp −$172 | 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 | 4.4678 | −0.145% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4668 | −0.167% | $110K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4645 | −0.219% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.449% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4690 | −0.118% | $110K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4660 | −0.186% | $229.8M | $428.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4640 | −0.230% | $63.0M | $299.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4366 | −0.842% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4649 | −0.210% | $34.8M | $60.0M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4680 | −0.141% | $53.3M | $45.9M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4664 | −0.177% | $73.9M | $126.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4568 | −0.392% | $8.9M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4914 | +0.382% | $262K | $966K | 20x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4700 | −0.096% | $281K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4700 | −0.096% | $58K | $233K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4750 | +0.016% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4730 | −0.029% | $467K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4710 | −0.074% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0107% | 8h | 4.4685 | −0.129% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0122% | 8h | 4.4641 | −0.227% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4720 | −0.051% | $208K | $40K | 3x | as long as short |
| BingX NEAR-USDC | +0.0165% | 8h | 4.4670 | −0.163% | — | $6.7M | — | as long as short |
| MEXC NEAR_USDT | +0.0181% | 8h | 4.4690 | −0.118% | $85.7M | $145.1M | 200x | as long as short |
| Binance NEARUSDT | +0.0182% | 8h | 4.4684 | −0.133% | $271.2M | $1.09B | 75x | as long as short |
| SoDEX NEAR-USD | +0.0251% | 1h | 4.4725 | −0.040% | $5K | $52K | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0253% | 1h | 4.4940 | +0.440% | $169K | $805K | 50x | as long as short |
| BloFin NEAR-USDT | +0.0301% | 8h | 4.4780 | +0.083% | $13.5M | $33.0M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0303% | 8h | 4.4737 | −0.013% | $1.1M | $24.9M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0316% / S −0.0201% | 1h | 4.4642 | −0.226% | $239K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0341% | 8h | 4.4680 | −0.141% | $2.9M | $5.0M | 50x | as long as short |
| Extended NEAR-USD | +0.0352% | 1h | 4.4680 | −0.141% | $3.7M | $18.9M | 25x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4735 | −0.018% | $2.3M | $16.4M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0528% | 1h | 4.4685 | −0.130% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERPshort | +0.0535% | 1h | 4.4665 | −0.174% | $1.8M | $3.2M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0601% | 1h | 4.4768 | +0.056% | $1.3M | $6.5M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0653% | 1h | 4.4667 | −0.170% | $7.4M | $38.3M | 50x | as long as short |
| Hyperliquid NEAR | +0.0663% | 1h | 4.4700 | −0.096% | $367.7M | $308.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0848% | 1h | 4.4688 | −0.123% | $1.9M | $12.3M | 25x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4700 | −0.096% | $227K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0976% | 1h | 4.4734 | −0.021% | $17.5M | $24.7M | 15x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.5001 | +0.577% | $1.9M | $2.5M | 10x | as long as short |
| Lighter RH NEARlong | +0.1040% | 1h | 4.4743 | long leg | $1.5M | $6.6M | 10x | |
| Pacifica NEAR | +0.1187% | 1h | 4.4684 | −0.132% | $412K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1202% | 1h | 4.4665 | −0.174% | $6K | $12K | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4691 | −0.115% | $678K | $1.4M | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
BingX NEAR-USDC
MEXC NEAR_USDT
Binance NEARUSDT
SoDEX NEAR-USD
ApeX Omni NEARUSDT
BloFin NEAR-USDT
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Extended NEAR-USD
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Hyperliquid NEAR
Deribit NEAR_USDC-PERPETUAL
Arcus NEAR-USD
Lighter NEAR
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD
RISEx NEAR/USDC