Funding you earn now, next payment 07:00 UTC−0.1091%/8h= −119.4% APRnext payment −$1.36 per $10,000 · paid last 24h −0.154%
Price spread now: Reya against Lighter RH−0.449%75s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Reya is 0.449% cheaper against Lighter RH than usual: you would sell low and buy high (−$45 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 75 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 | 4.4386 | 0.0920 | pay 0.0115% / 1h | 24m 55s | $1.5M | $6.7M | 10x |
| Short | Reya NEARRUSDPERP | 4.4187 | −0.0171 | pay 0.0021% / 1h | 24m 55s | $2K | — | 20x |
Lighter RH NEAR
Reya NEARRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$229.08
- Price spread: −0.449% → 0.000%
- −$44.94
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$280.01
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 4 min ago; Reya: 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, 4 min ago | 1.71 bp | 2.7 bp −$3 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 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 NEARRUSDPERPshort | −0.0171% | 1h | 4.4187 | −0.449% | $2K | — | 20x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4161 | −0.507% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4186 | −0.451% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.705% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4280 | −0.239% | $112K | $491K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4336 | −0.113% | $224.7M | $433.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4330 | −0.126% | $62.8M | $297.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4350 | −0.081% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4328 | −0.131% | $35.6M | $61.7M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4350 | −0.081% | $53.7M | $46.0M | 75x | as long as short |
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 | 4.4323 | −0.142% | $72.8M | $127.6M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4187 | −0.448% | $8.8M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4030 | −0.802% | $257K | $915K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4010 | −0.847% | $166K | $805K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4336 | −0.113% | $294K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4318 | −0.153% | $59K | $236K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4410 | +0.054% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4230 | −0.351% | $464K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4340 | −0.104% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0105% | 8h | 4.4160 | −0.509% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0108% | 8h | 4.4030 | −0.803% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4335 | −0.115% | $206K | $38K | 3x | as long as short |
| Extended NEAR-USD | +0.0184% | 1h | 4.4319 | −0.150% | $3.7M | $18.4M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0198% | 1h | 4.4305 | −0.182% | $5K | $52K | 10x | as long as short |
| BingX NEAR-USDT | +0.0200% | 8h | 4.4350 | −0.081% | — | $144.2M | — | as long as short |
| MEXC NEAR_USDT | +0.0201% | 8h | 4.4330 | −0.126% | $80.6M | $149.0M | 200x | as long as short |
| Binance NEARUSDT | +0.0205% | 8h | 4.4359 | −0.061% | $270.7M | $1.09B | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0254% | 8h | 4.4272 | −0.257% | $1.1M | $25.0M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0304% | 8h | 4.4337 | −0.110% | $2.8M | $5.0M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0198% | 1h | 4.3978 | −0.918% | $234K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0325% | 8h | 4.4330 | −0.126% | $13.8M | $32.8M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0416% | 1h | 4.4378 | −0.018% | $1.3M | $6.9M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4353 | −0.074% | $2.3M | $16.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0440% | 1h | 4.4323 | −0.142% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0475% | 1h | 4.4391 | +0.011% | $362.2M | $315.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0584% | 1h | 4.4295 | −0.205% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0659% | 1h | 4.4298 | −0.198% | $7.3M | $38.3M | 50x | as long as short |
| Lighter NEAR | +0.0832% | 1h | 4.4385 | −0.003% | $17.4M | $25.3M | 15x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4300 | −0.194% | $228K | $1.6M | 10x | as long as short |
| Lighter RH NEARlong | +0.0920% | 1h | 4.4386 | long leg | $1.5M | $6.7M | 10x | |
| Phoenix NEAR | +0.1003% | 1h | 4.4297 | −0.201% | $1.8M | $2.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1037% | 1h | 4.4339 | −0.106% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4204 | −0.410% | $422K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1256% | 1h | 4.4219 | −0.376% | $5K | $12K | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4229 | −0.354% | $665K | $1.4M | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
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
Extended NEAR-USD
SoDEX NEAR-USD
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
Kalshi KXNEARPERP
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Hyperliquid NEAR
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Lighter NEAR
Arcus NEAR-USD
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Aftermath Perps NEARUSD
RISEx NEAR/USDC