NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0944%/8h= −103.4% APRnext payment −$1.18 per $10,000 · paid last 24h −0.073%

Price spread now: Popdex against Lighter RH+0.309%51s7-day average −0.124% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$210.206% of the position

Long on Lighter RH Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.369%−$37 on $10k

Price spread, last 4 days (all we have)−0.345%−$35 · spread now +0.309%, 7d avg −0.124%

Together, before fees−0.714%+ Points / potential airdropLighter RH: Points live · farm board−$71 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Popdex is 0.432% dearer against Lighter RH than usual: you sell high and buy low (spread +0.309% now, against its 7-day average of −0.124%): +$43 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 4 days (−0.369% in total) that is about 4.3 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH NEAR	4.4702	0.1040	pay 0.0130% / 1h	47m 42s	$1.5M	$6.6M	10x
Short	Popdex NEARUSDT	4.4840	0.0096	get 0.0012% / 1h	47m 42s	$110K	$499K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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

Position, each leg$Hold fordaysFee Lighter RHbpFee PopdexbpOrdersPrice spread, now +0.309%Rate

Funding earned: −$198.24
Price spread: +0.309% → −0.124%: $43.25
Slippage, 4 orders: −$14.22
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$175.61
Costs to cover: 0.206%
Break-even: from the start

Slippage from Lighter RH: live order book, 6 min ago; Popdex: live order book, 61 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, 6 min ago	2.36 bp	2.6 bp −$3	8.5 bp −$85	doesn't fit	doesn't fit
Sell Popdex live order book, 61 min ago	2.33 bp	6.6 bp −$7	61.3 bp −$613	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	4.4806	+0.234%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4641	−0.136%	$110K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4789	+0.195%	$169K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.364%	$578	$301K	12x	as long as short
Popdex NEARUSDTshort	+0.0096%	1h	4.4840	+0.309%	$110K	$499K	50x
Bybit NEARUSDT	+0.0100%	8h	4.4660	−0.094%	$229.6M	$428.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4650	−0.116%	$63.1M	$298.7M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4366	−0.751%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4797	+0.213%	$34.9M	$60.0M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4810	+0.242%	$53.5M	$45.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.4779	+0.172%	$74.2M	$126.2M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4568	−0.301%	$8.9M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4503	−0.445%	$260K	$964K	20x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4869	+0.374%	$280K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4834	+0.295%	$58K	$233K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4880	+0.398%	$1K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4900	+0.443%	$469K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4810	+0.242%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0107%	8h	4.4829	+0.283%	$32K	$585	10x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.4855	+0.342%	$209K	$40K	3x	as long as short
GRVT NEAR_USDT_Perp	+0.0122%	8h	4.4641	−0.136%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0132%	1h	4.4470	−0.519%	$168K	$803K	50x	as long as short
BingX NEAR-USDC	+0.0165%	8h	4.4810	+0.242%	—	$6.6M	—	as long as short
MEXC NEAR_USDT	+0.0175%	8h	4.4820	+0.264%	$86.3M	$144.9M	200x	as long as short
Binance NEARUSDT	+0.0181%	8h	4.4697	−0.011%	$271.3M	$1.09B	75x	as long as short
SoDEX NEAR-USD	+0.0279%	1h	4.4825	+0.275%	$5K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0296%	8h	4.4950	+0.555%	$13.7M	$33.2M	75x	as long as short
Kalshi KXNEARPERP	+0.0303%	8h	4.4855	+0.342%	$1.1M	$24.9M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0316% / S −0.0201%	1h	4.4797	+0.213%	$240K	—	100x	as long as short
Aster NEARUSDT	+0.0343%	8h	4.4689	−0.029%	$2.9M	$5.0M	50x	as long as short
Extended NEAR-USD	+0.0368%	1h	4.4763	+0.136%	$3.7M	$19.0M	25x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.5100	+0.890%	$2.3M	$16.6M	50x	as long as short
Nado NEAR-PERP	+0.0496%	1h	4.4815	+0.253%	$1.8M	$3.2M	10x	as long as short
01 Exchange NEARUSD	+0.0544%	1h	4.4828	+0.282%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0617%	1h	4.4832	+0.291%	$1.3M	$6.5M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0651%	1h	4.4808	+0.237%	$7.4M	$38.3M	50x	as long as short
Hyperliquid NEAR	+0.0688%	1h	4.4837	+0.302%	$369.0M	$308.3M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0866%	1h	4.4855	+0.342%	$2.0M	$12.3M	25x	as long as short
Arcus NEAR-USD	+0.0880%	1h	4.4890	+0.421%	$228K	$1.6M	10x	as long as short
Lighter NEAR	+0.0976%	1h	4.4760	+0.130%	$17.6M	$24.7M	15x	as long as short
Phoenix NEAR	+0.1003%	1h	4.5001	+0.669%	$1.9M	$2.5M	10x	as long as short
Lighter RH NEARlong	+0.1040%	1h	4.4702	long leg	$1.5M	$6.6M	10x
Pacifica NEAR	+0.1187%	1h	4.4830	+0.286%	$413K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1197%	1h	4.4609	−0.207%	$6K	$12K	10x	as long as short
RISEx NEAR/USDC	+0.1259%	1h	4.4862	+0.358%	$682K	$1.4M	10x	as long as short