NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0553%/8h= +60.5% APRnext payment +$0.69 per $10,000 · paid last 24h +0.141%

Price spread now: Lighter against Nado+0.162%7-day average +0.125% · 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−$16as in the Price arb table

costs, in and out, $10k−$200.201% of the position

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.463%+$46 on $10k

Price spread, last 7 days−0.056%−$6 · spread now +0.162%, 7d avg +0.125%

Together, before fees+0.407%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$41 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Lighter is 0.037% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.125%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado NEAR-PERP	4.3488	0.0567	pay 0.0071% / 1h	25m 07s	$1.8M	$3.2M	10x
Short	Lighter NEAR	4.3559	0.1120	get 0.0140% / 1h	25m 07s	$17.6M	$25.0M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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 NadobpFee LighterbpOrdersPrice spread, now +0.162%Rate

Funding earned: $116.11
Price spread: +0.162% → +0.125%: $3.67
Slippage, 4 orders: −$13.12
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $99.66
Costs to cover: 0.201%
Break-even: 1.0 days

Slippage from Nado: live order book, 4 min ago; Lighter: 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 Nado live order book, 4 min ago	0.80 bp	7.2 bp −$7	17.4 bp −$174	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	1.15 bp	4.4 bp −$4	13.3 bp −$133	64.3 bp −$6,432	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	4.3487	−0.003%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3561	+0.168%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3478	−0.023%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.779%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3638	+0.344%	$2.4M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3500	+0.027%	$110K	$502K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3518	+0.069%	$266.7M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3479	−0.021%	$215.1M	$427.9M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3470	−0.042%	$61.7M	$292.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3412	−0.175%	$247K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3469	−0.044%	$32.2M	$61.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3510	+0.050%	$73.3M	$145.4M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3500	+0.027%	$53.9M	$46.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3464	−0.056%	$71.4M	$128.7M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3490	+0.004%	—	$145.9M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3627	+0.319%	$8.4M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3622	+0.307%	$255K	$947K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3589	+0.233%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3640	+0.349%	$168K	$797K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3510	+0.050%	$278K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3504	+0.036%	$58K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3560	+0.165%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3720	+0.533%	$474K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3500	+0.027%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3556	+0.157%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3507	+0.042%	$202K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3540	+0.119%	$13.5M	$32.3M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3600	+0.257%	$409K	$1.3M	10x	as long as short
Kalshi KXNEARPERP	+0.0285%	8h	4.3552	+0.147%	$783K	$23.3M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0326% / S −0.0203%	1h	4.3477	−0.025%	$236K	—	100x	as long as short
Aster NEARUSDT	+0.0333%	8h	4.3520	+0.073%	$2.9M	$5.5M	50x	as long as short
SoDEX NEAR-USD	+0.0373%	1h	4.3470	−0.042%	$6K	$53K	10x	as long as short
01 Exchange NEARUSD	+0.0528%	1h	4.3604	+0.266%	$13K	$7K	10x	as long as short
Nado NEAR-PERPlong	+0.0567%	1h	4.3488	long leg	$1.8M	$3.2M	10x
Backpack NEAR_USDC_PERP	+0.0581%	1h	4.3504	+0.036%	$1.3M	$6.7M	20x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3600	+0.257%	$213K	$1.6M	10x	as long as short
Hyperliquid NEAR	+0.0636%	1h	4.3515	+0.062%	$356.9M	$317.8M	10x	as long as short
Extended NEAR-USD	+0.0648%	1h	4.3453	−0.082%	$3.8M	$20.0M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0709%	1h	4.3479	−0.021%	$7.6M	$39.3M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0785%	1h	4.3513	+0.057%	$1.9M	$9.0M	25x	as long as short
Lighter RH NEAR	+0.0920%	1h	4.3544	+0.128%	$1.5M	$7.4M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3721	+0.535%	$1.8M	$2.8M	10x	as long as short
Lighter NEARshort	+0.1120%	1h	4.3559	+0.162%	$17.6M	$25.0M	15x
RISEx NEAR/USDC	+0.1162%	1h	4.3568	+0.184%	$690K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1534%	1h	4.3550	+0.142%	$5K	$12K	10x	as long as short