Funding you earn now, next payment 05:00 UTC+0.0796%/8h= +87.2% APRpaid last 24h +0.057%
Price spread now: Lighter RH against Orderly+0.016%7-day average +0.142% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.480%+$48 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.016%, 7d avg +0.142%
=Together, before fees+0.601%+ Points / potential airdropLighter RH: Points live · farm board+$60 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.126% cheaper against Orderly than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.142%). If the spread goes back, that is −$13 on $10k: about 13 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.480% in total) that is about 44 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.480% in total (about 25.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NEAR_USDC | 4.3276 | 0.0100 | pay 0.0100% / 8h | 3h 22m | $57K | $246K | 20x |
| Short | Lighter RH NEAR | 4.3283 | 0.0896 | get 0.0112% / 1h | 22m 45s | $1.5M | $7.4M | 10x |
Orderly PERP_NEAR_USDC
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Orderly. 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
- $167.16
- Price spread: +0.016% → +0.142%
- −$12.57
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $148.59
- Costs to cover
- 0.060%
- Break-even
- 0.8 days
Slippage unknown: Orderly: no order-book sample; Lighter RH: live order book, 6 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 6 min ago | 2.06 bp | 2.5 bp −$2 | 11.4 bp −$114 | doesn't fit | doesn't fit |
Orderly: 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 NEARRUSDPERP | −0.0171% | 1h | 4.3234 | −0.098% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3189 | −0.201% | $106K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3229 | −0.109% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.312% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3288 | +0.028% | $2.3M | $15.8M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3240 | −0.083% | $109K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3232 | −0.101% | $264.9M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3207 | −0.159% | $214.0M | $428.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3270 | −0.014% | $61.2M | $290.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3250 | −0.060% | $246K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3159 | −0.270% | $31.9M | $61.6M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3240 | −0.083% | $72.4M | $145.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3160 | −0.268% | $53.5M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3182 | −0.217% | $71.2M | $128.8M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3190 | −0.199% | — | $145.8M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3627 | +0.811% | $8.4M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3622 | +0.799% | $255K | $947K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3500 | +0.518% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3640 | +0.841% | $168K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3253 | −0.053% | $279K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDClong | +0.0100% | 8h | 4.3276 | long leg | $57K | $246K | 20x | |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3350 | +0.171% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3350 | +0.171% | $470K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3240 | −0.083% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3249 | −0.062% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3233 | −0.100% | $201K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3260 | −0.037% | $13.4M | $32.1M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3221 | −0.127% | $406K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0276% | 8h | 4.3318 | +0.097% | $867K | $23.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0323% / S −0.0198% | 1h | 4.3225 | −0.119% | $233K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0331% | 8h | 4.3220 | −0.129% | $2.8M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0372% | 1h | 4.3245 | −0.072% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0528% | 1h | 4.3235 | −0.095% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0572% | 1h | 4.3210 | −0.153% | $1.3M | $6.7M | 20x | as long as short |
| Nado NEAR-PERP | +0.0587% | 1h | 4.3220 | −0.129% | $1.8M | $3.1M | 10x | as long as short |
| Hyperliquid NEAR | +0.0602% | 1h | 4.3216 | −0.139% | $353.9M | $313.7M | 10x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3280 | +0.009% | $212K | $1.6M | 10x | as long as short |
| Extended NEAR-USD | +0.0632% | 1h | 4.3160 | −0.267% | $3.8M | $20.0M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0713% | 1h | 4.3228 | −0.112% | $7.6M | $39.4M | 50x | as long as short |
| Lighter RH NEARshort | +0.0896% | 1h | 4.3283 | +0.016% | $1.5M | $7.4M | 10x | |
| Phoenix NEAR | +0.0941% | 1h | 4.3721 | +1.028% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.1104% | 1h | 4.3261 | −0.034% | $17.4M | $25.0M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3248 | −0.066% | $686K | $1.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1508% | 1h | 4.3305 | +0.067% | $1.9M | $9.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1574% | 1h | 4.3462 | +0.430% | $5K | $13K | 10x | as long as short |
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Pacifica NEAR
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
SoDEX NEAR-USD
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Hyperliquid NEAR
Arcus NEAR-USD
Extended NEAR-USD
Kraken Futures PF_NEARUSD
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD