Funding you earn now, next payment 09:00 UTC+0.0324%/8h= +35.4% APRpaid last 24h +0.236%
Price spread now: Lighter against Paradex+0.081%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Lighter is 0.081% dearer against Paradex than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex NEAR-USD-PERP | 4.3699 | 0.0100 | pay 0.0100% / 8h | 7h 30m | $32K | $585 | 10x |
| Short | Lighter NEAR | 4.3734 | 0.0424 | get 0.0053% / 1h | 30m 11s | $17.3M | $23.9M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- $67.97
- Price spread: +0.081% → 0.000%
- $8.08
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $72.05
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 9 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 9 min ago | 2.56 bp | 2.6 bp −$3 | 9.3 bp −$93 | 68.9 bp −$6,890 | doesn't fit |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0432% | 1h | 4.3677 | −0.050% | $7.2M | $38.6M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3683 | −0.036% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3686 | −0.031% | $107K | $65K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3680 | −0.044% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.238% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3720 | +0.048% | $120K | $503K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3680 | −0.043% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3709 | +0.023% | $263.5M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3690 | −0.020% | $220.0M | $427.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3690 | −0.020% | $61.6M | $294.8M | 50x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.3750 | +0.117% | $222K | $1.5M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3687 | −0.027% | $36.6M | $62.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3690 | −0.020% | $90.3M | $157.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3720 | +0.048% | $52.5M | $45.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3679 | −0.046% | $72.1M | $127.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3688 | −0.025% | $9.0M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3563 | −0.311% | $253K | $895K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3640 | −0.134% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3550 | −0.341% | $164K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3710 | +0.025% | $273K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3699 | 0.000% | $56K | $239K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3780 | +0.186% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3695 | −0.009% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3700 | +0.003% | $3.5M | $8.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3708 | +0.022% | $252K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERPlong | +0.0100% | 8h | 4.3699 | long leg | $32K | $585 | 10x | |
| Extended NEAR-USD | +0.0104% | 1h | 4.3649 | −0.115% | $3.6M | $15.5M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3702 | +0.006% | $203K | $40K | 3x | as long as short |
| BingX NEAR-USDT | +0.0107% | 8h | 4.3680 | −0.043% | — | $83.2M | — | as long as short |
| Kalshi KXNEARPERP | +0.0140% | 8h | 4.3685 | −0.032% | $862K | $25.4M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3730 | +0.071% | $12.7M | $32.3M | 75x | as long as short |
| Hyperliquid NEAR | +0.0240% | 1h | 4.3748 | +0.112% | $353.5M | $316.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0267% | 1h | 4.3692 | −0.015% | $1.7M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.3740 | +0.094% | $13K | $6K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0353% / S −0.0257% | 1h | 4.3679 | −0.046% | $257K | — | 100x | as long as short |
| HTX NEAR-USDT | +0.0414% | 8h | 4.3830 | +0.300% | $463K | $3.7M | 75x | as long as short |
| Lighter NEARshort | +0.0424% | 1h | 4.3734 | +0.081% | $17.3M | $23.9M | 15x | |
| Lighter RH NEAR | +0.0472% | 1h | 4.3747 | +0.110% | $1.5M | $6.4M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3786 | +0.199% | $2.3M | $17.2M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0519% | 1h | 4.3716 | +0.039% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3729 | +0.068% | $591K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3695 | −0.009% | $412K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0735% | 1h | 4.3710 | +0.025% | $1.9M | $13.1M | 25x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.3734 | +0.080% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1034% | 1h | 4.3730 | +0.072% | $5K | $7K | 10x | as long as short |
Paradex NEAR-USD-PERP
Lighter NEAR
Kraken Futures PF_NEARUSD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Extended NEAR-USD
BingX NEAR-USDT
Kalshi KXNEARPERP
BloFin NEAR-USDT
Hyperliquid NEAR
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
Lighter RH NEAR
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Aftermath Perps NEARUSD