NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.033%

Price spread now: Lighter RH against Popdex+0.126%7-day average +0.130% · 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−$30as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on Popdex Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.313%+$31 on $10k

Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.126%, 7d avg +0.130%

Together, before fees+0.084%+ Points / potential airdropLighter RH: Points live · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.130%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex NEARUSDT	4.2890	0.0096	pay 0.0012% / 1h	6m 04s	$106K	$490K	50x
Short	Lighter RH NEAR	4.2944	0.0160	get 0.0020% / 1h	6m 04s	$1.5M	$7.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Popdex. 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 PopdexbpFee Lighter RHbpOrdersPrice spread, now +0.126%Rate

Funding earned: $13.44
Price spread: +0.126% → +0.130%: −$0.37
Slippage, 4 orders: −$23.56
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$16.89
Costs to cover: 0.300%
Break-even: 15.8 days

Slippage from Popdex: live order book, 13 min ago; Lighter RH: live order book, 2 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 Popdex live order book, 13 min ago	2.37 bp	8.6 bp −$9	43.6 bp −$436	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	6.32 bp	6.3 bp −$6	13.3 bp −$133	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
Reya NEARRUSDPERP	−0.0171%	1h	4.2871	−0.044%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0032%	1h	4.2884	−0.014%	$2.2M	$13.2M	50x	as long as short
Injective NEAR/USDC PERP	−0.0002%	1h	4.1410	−3.451%	$578	$302K	12x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2869	−0.048%	$112K	$59K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2892	+0.005%	$454K	$18.2M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2892	+0.004%	$207K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0047%	1h	4.2919	+0.067%	$7.7M	$36.2M	50x	as long as short
Popdex NEARUSDTlong	+0.0096%	1h	4.2890	long leg	$106K	$490K	50x
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2884	−0.015%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2920	+0.070%	$3.0M	$5.6M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.2902	+0.027%	$399K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2897	+0.017%	$249.0M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2871	−0.044%	$220.4M	$420.7M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2880	−0.023%	$60.3M	$283.6M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2890	0.000%	$196K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2317	−1.336%	$241K	$2K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2896	+0.014%	$30.3M	$59.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2900	+0.023%	$83.8M	$145.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2930	+0.093%	$56.3M	$43.3M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2885	−0.012%	$71.3M	$125.7M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2890	0.000%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2299	−1.377%	$7.9M	$17.8M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2295	−1.388%	$247K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2644	−0.574%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2620	−0.630%	$178K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2918	+0.065%	$234K	$3.2M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2913	+0.054%	$57K	$194K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2950	+0.140%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2890	0.000%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2890	0.000%	$3.9M	$8.1M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2874	−0.038%	$4.0M	$14.8M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2899	+0.020%	$207K	$62K	3x	as long as short
01 Exchange NEARUSD	+0.0144%	1h	4.2941	+0.119%	$13K	$7K	10x	as long as short
Lighter RH NEARshort	+0.0160%	1h	4.2944	+0.126%	$1.5M	$7.0M	10x
BloFin NEAR-USDT	+0.0220%	8h	4.2850	−0.093%	$12.6M	$32.6M	75x	as long as short
RISEx NEAR/USDC	+0.0364%	1h	4.2916	+0.061%	$414K	$1.2M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0390% / S −0.0335%	1h	4.2903	+0.030%	$293K	—	100x	as long as short
Nado NEAR-PERP	+0.0467%	1h	4.2870	−0.047%	$1.9M	$3.5M	10x	as long as short
Phoenix NEAR	+0.0542%	1h	4.2682	−0.485%	$1.8M	$2.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0554%	1h	4.2941	+0.119%	$1.3M	$5.5M	20x	as long as short
Hyperliquid NEAR	+0.0643%	1h	4.3005	+0.268%	$371.4M	$297.0M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0799%	1h	4.2948	+0.135%	$1.9M	$2.3M	25x	as long as short
HTX NEAR-USDT	+0.0927%	8h	4.3020	+0.303%	$461K	$3.6M	75x	as long as short
Lighter NEAR	+0.0992%	1h	4.3004	+0.266%	$16.5M	$23.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.0999%	1h	4.2555	−0.780%	$5K	$11K	10x	as long as short