Funding you earn now, next payment 09:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.08 per $10,000 · paid last 24h +0.201%
Price spread now: Lighter against Pacifica−0.049%7-day average +0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs+$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days+0.754%+$75 on $10k
+Price spread, last 7 days+0.234%+$23 · spread now −0.049%, 7d avg +0.144%
=Together, before fees+0.987%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$99 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.193% cheaper against Pacifica than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.144%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.754%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NEAR | 4.3720 | 0.0701 | pay 0.0088% / 1h | 57m 05s | $412K | $1.4M | 10x |
| Short | Lighter NEAR | 4.3698 | 0.0640 | get 0.0080% / 1h | 57m 05s | $17.2M | $23.7M | 15x |
Pacifica NEAR
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- −$12.9
- Price spread: −0.049% → +0.144%
- −$19.27
- Slippage, 4 orders
- −$25.95
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$66.12
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 2 min ago; Lighter: live order book, 7 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 Pacifica live order book, 2 min ago | 1.94 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 2.21 bp | 4.9 bp −$5 | 14.9 bp −$149 | 79.2 bp −$7,919 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0433% | 1h | 4.3617 | −0.236% | $7.2M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3629 | −0.208% | $2K | — | 20x | as long as short |
| Phemex NEARUSDT | −0.0122% | 8h | 4.3640 | −0.182% | $3.5M | $8.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3717 | −0.005% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3639 | −0.183% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.283% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3690 | −0.068% | $115K | $500K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3637 | −0.189% | $2.7M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3621 | −0.226% | $220.0M | $429.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3610 | −0.251% | $61.6M | $296.1M | 50x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
Phemex NEARUSDT
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.3720 | +0.001% | $229K | $1.5M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3688 | −0.073% | $252K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3632 | −0.201% | $36.1M | $61.6M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3650 | −0.159% | $52.9M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3643 | −0.175% | $72.2M | $127.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3629 | −0.207% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3729 | +0.021% | $253K | $892K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3710 | −0.022% | $167K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3640 | −0.182% | $272K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3668 | −0.118% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3790 | +0.161% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3634 | −0.196% | $5K | $50K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3706 | −0.031% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3624 | −0.219% | $3.6M | $16.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3640 | −0.182% | $203K | $40K | 3x | as long as short |
| MEXC NEAR_USDT | +0.0138% | 8h | 4.3650 | −0.159% | $89.1M | $152.4M | 200x | as long as short |
| Binance NEARUSDT | +0.0138% | 8h | 4.3632 | −0.201% | $263.6M | $1.09B | 75x | as long as short |
| BingX NEAR-USDT | +0.0144% | 8h | 4.3640 | −0.182% | — | $83.0M | — | as long as short |
| Kalshi KXNEARPERP | +0.0163% | 8h | 4.3682 | −0.086% | $909K | $25.1M | 2.2x | as long as short |
| Nado NEAR-PERP | +0.0223% | 1h | 4.3655 | −0.148% | $1.7M | $3.2M | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0250% | 8h | 4.3771 | +0.118% | $1.4M | $1.6M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0258% | 8h | 4.3640 | −0.182% | $13.2M | $32.2M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0288% | 1h | 4.3741 | +0.049% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0311% | 1h | 4.3681 | −0.089% | $352.4M | $317.2M | 10x | as long as short |
| HTX NEAR-USDT | +0.0342% | 8h | 4.3820 | +0.229% | $463K | $3.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0344% / S −0.0244% | 1h | 4.3647 | −0.167% | $255K | — | 100x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3717 | −0.006% | $2.3M | $17.1M | 50x | as long as short |
| Lighter RH NEAR | +0.0552% | 1h | 4.3685 | −0.079% | $1.5M | $6.4M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0605% | 1h | 4.3666 | −0.123% | $1.1M | $7.2M | 20x | as long as short |
| Lighter NEARshort | +0.0640% | 1h | 4.3698 | −0.049% | $17.2M | $23.7M | 15x | |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3658 | −0.140% | $599K | $1.4M | 10x | as long as short |
| Pacifica NEARlong | +0.0701% | 1h | 4.3720 | long leg | $412K | $1.4M | 10x | |
| Phoenix NEAR | +0.0949% | 1h | 4.3666 | −0.123% | $1.8M | $2.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0964% | 1h | 4.3701 | −0.043% | $1.9M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1082% | 1h | 4.3684 | −0.081% | $5K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
MEXC NEAR_USDT
Binance NEARUSDT
BingX NEAR-USDT
Kalshi KXNEARPERP
Nado NEAR-PERP
GRVT NEAR_USDT_Perp
BloFin NEAR-USDT
01 Exchange NEARUSD
Hyperliquid NEAR
HTX NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD