Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h +0.105%
Price spread now: RISEx against Lighter RH−0.346%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−$45as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 3 days (all we have)+0.066%+$7 on $10k
+Price spread, last 7 days+0.336%+$34 · spread now −0.346%, 7d avg −0.098%
=Together, before fees+0.402%+ Points / potential airdropLighter RH: Points live · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.248% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.346% now, against its 7-day average of −0.098%). If the spread goes back, that is −$25 on $10k: about 41 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.066% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.2826 | 0.0384 | pay 0.0048% / 1h | 38m 18s | $1.5M | $7.0M | 10x |
| Short | RISEx NEAR/USDC | 4.2678 | 0.0404 | get 0.0051% / 1h | 38m 18s | $416K | $1.2M | 10x |
Lighter RH NEAR
RISEx NEAR/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $4.24
- Price spread: −0.346% → −0.098%
- −$24.78
- Slippage, 4 orders
- −$14.07
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$40.61
- Costs to cover
- 0.201%
- Break-even
- 74.1 days
Slippage from Lighter RH: live order book, 5 min ago; RISEx: live order book, just now.
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 | 1.87 bp | 5.0 bp −$5 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell RISEx live order book, just now | 2.47 bp | 5.5 bp −$5 | 11.5 bp −$115 | 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 | 4.2641 | −0.433% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2750 | −0.177% | $2.2M | $13.1M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2749 | −0.180% | $111K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2792 | −0.079% | $399K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2673 | −0.357% | $203K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.306% | $578 | $302K | 12x | as long as short |
| Bybit NEARUSDT | +0.0081% | 8h | 4.2630 | −0.458% | $218.4M | $421.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0087% | 8h | 4.2660 | −0.388% | $7.8M | $18.2M | — | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2650 | −0.411% | $109K | $496K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2726 | −0.234% | $31K | $647 | 10x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Bybit NEARUSDT
Variational Omni NEAR
Popdex NEARUSDT
Paradex NEAR-USD-PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NEARUSDT | +0.0100% | 8h | 4.2704 | −0.286% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2764 | −0.146% | $402K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2670 | −0.364% | $253.1M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2660 | −0.388% | $60.8M | $284.9M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2700 | −0.294% | $202K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2674 | −0.355% | $243K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2660 | −0.388% | $30.0M | $59.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2660 | −0.388% | $78.1M | $141.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2670 | −0.364% | $55.8M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2663 | −0.381% | $70.9M | $126.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2650 | −0.411% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2660 | −0.389% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2670 | −0.364% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2710 | −0.271% | $178K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2671 | −0.362% | $198K | $3.4M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2674 | −0.355% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2690 | −0.318% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2662 | −0.383% | $13K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2730 | −0.224% | $3.9M | $8.4M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2646 | −0.420% | $4.0M | $15.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2661 | −0.386% | $205K | $62K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2696 | −0.305% | $7.6M | $37.2M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0136% | 1h | 4.2665 | −0.376% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2730 | −0.224% | $13.0M | $30.7M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0374% / S −0.0313% | 1h | 4.2672 | −0.359% | $273K | — | 100x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0383% | 1h | 4.2705 | −0.283% | $1.9M | $2.3M | 25x | as long as short |
| Lighter RH NEARlong | +0.0384% | 1h | 4.2826 | long leg | $1.5M | $7.0M | 10x | |
| RISEx NEAR/USDCshort | +0.0404% | 1h | 4.2678 | −0.346% | $416K | $1.2M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0445% | 1h | 4.2775 | −0.119% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2717 | −0.255% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0772% | 1h | 4.2643 | −0.427% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0853% | 8h | 4.2840 | +0.033% | $459K | $3.7M | 75x | as long as short |
| Hyperliquid NEAR | +0.0958% | 1h | 4.2731 | −0.222% | $367.1M | $298.2M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1192% | 1h | 4.2753 | −0.171% | $5K | $11K | 10x | as long as short |
| Lighter NEAR | +0.1776% | 1h | 4.2858 | +0.074% | $16.5M | $23.7M | 15x | as long as short |
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Phoenix NEAR
Nado NEAR-PERP
HTX NEAR-USDT
Hyperliquid NEAR
Aftermath Perps NEARUSD
Lighter NEAR