NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.045%

Price spread now: Lighter RH against Nado+0.209%7-day average +0.092% · 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−$9as in the Price arb table

costs, in and out, $10k−$210.209% of the position

Long on Nado Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.217%+$22 on $10k

Price spread, last 7 days−0.275%−$27 · spread now +0.209%, 7d avg +0.092%

Together, before fees−0.057%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter RH is 0.117% dearer against Nado than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.092%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado NEAR-PERP	4.3192	0.0423	pay 0.0053% / 1h	3m 34s	$1.9M	$3.1M	10x
Short	Lighter RH NEAR	4.3282	0.0496	get 0.0062% / 1h	3m 34s	$1.6M	$7.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now +0.209%Rate

Funding earned: $15.29
Price spread: +0.209% → +0.092%: $11.7
Slippage, 4 orders: −$13.91
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $6.08
Costs to cover: 0.209%
Break-even: 4.2 days

Slippage from Nado: live order book, 5 min ago; Lighter RH: live order book, 5 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, 5 min ago	0.69 bp	8.3 bp −$8	19.9 bp −$199	doesn't fit	doesn't fit
Sell Lighter RH live order book, 5 min ago	2.42 bp	3.3 bp −$3	6.8 bp −$68	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
Phemex NEARUSDT	−0.0299%	8h	4.3370	+0.413%	$3.9M	$8.4M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3472	+0.648%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0129%	1h	4.3445	+0.587%	$8.0M	$38.0M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3380	+0.436%	$2.2M	$13.3M	50x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3447	+0.591%	$384K	$18.8M	2.2x	as long as short
dYdX NEAR-USD	+0.0004%	1h	4.3193	+0.003%	$112K	$64K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0005%	1h	4.3462	+0.626%	$162K	—	150x	as long as short
Variational Omni NEAR	+0.0010%	8h	4.3057	−0.312%	$8.2M	$18.8M	—	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.125%	$578	$302K	12x	as long as short
01 Exchange NEARUSD	+0.0048%	1h	4.3259	+0.156%	$13K	$7K	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex NEARUSDT	+0.0096%	1h	4.3220	+0.065%	$115K	$474K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3449	+0.596%	$58K	$162K	20x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3285	+0.216%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3228	+0.083%	$402K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3230	+0.089%	$258.0M	$1.05B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3200	+0.019%	$221.4M	$416.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3170	−0.050%	$61.2M	$276.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3260	+0.158%	$205K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3243	+0.118%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3206	+0.033%	$31.0M	$61.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3220	+0.065%	$75.0M	$142.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3240	+0.112%	$56.1M	$42.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3207	+0.035%	$71.6M	$122.3M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3220	+0.065%	—	$141.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3270	+0.181%	$258K	$1.1M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3356	+0.380%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3140	−0.120%	$177K	$776K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3499	+0.711%	$204K	$3.4M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3530	+0.783%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3410	+0.505%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3560	+0.853%	$459K	$3.6M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3173	−0.044%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3200	+0.020%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3428	+0.547%	$202K	$31K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3250	+0.135%	$13.2M	$27.7M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0377% / S −0.0308%	1h	4.3458	+0.616%	$278K	—	100x	as long as short
Nado NEAR-PERPlong	+0.0423%	1h	4.3192	long leg	$1.9M	$3.1M	10x
RISEx NEAR/USDC	+0.0428%	1h	4.3260	+0.158%	$409K	$1.2M	10x	as long as short
Hyperliquid NEAR	+0.0453%	1h	4.3274	+0.190%	$367.2M	$301.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0464%	1h	4.3464	+0.630%	$1.9M	$3.9M	25x	as long as short
Lighter RH NEARshort	+0.0496%	1h	4.3282	+0.209%	$1.6M	$7.0M	10x
Backpack NEAR_USDC_PERP	+0.0498%	1h	4.3382	+0.440%	$1.3M	$5.9M	20x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3218	+0.061%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1471%	1h	4.3328	+0.315%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1776%	1h	4.3319	+0.295%	$17.3M	$24.8M	15x	as long as short