Funding you earn now, next payment 03:00 UTC+0.1291%/8h= +141.3% APRnext payment +$1.61 per $10,000 · paid last 24h +0.312%
Price spread now: Lighter against Reya+0.251%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Lighter is 0.251% dearer against Reya than usual: you sell high and buy low: +$25 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 | Reya NEARRUSDPERP | 4.4413 | −0.0171 | get 0.0021% / 1h | 5m 04s | $2K | — | 20x |
| Short | Lighter NEAR | 4.4525 | 0.1120 | get 0.0140% / 1h | 5m 04s | $17.9M | $27.1M | 15x |
Reya NEARRUSDPERP
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Reya. 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
- $271.08
- Price spread: +0.251% → 0.000%
- $25.13
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $290.21
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Lighter: live order book, 4 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 Reya no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 2.13 bp | 2.1 bp −$2 | 9.2 bp −$92 | 73.5 bp −$7,349 | doesn't fit |
Reya: 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 NEARRUSDPERPlong | −0.0171% | 1h | 4.4413 | long leg | $2K | — | 20x | |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4462 | +0.110% | $2.2M | $15.4M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4480 | +0.150% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4580 | +0.376% | $584K | $21.8M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4439 | +0.058% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.761% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4500 | +0.196% | $113K | $513K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4503 | +0.203% | $425K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4520 | +0.241% | $273.2M | $1.12B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4490 | +0.173% | $223.0M | $428.9M | 75x | as long as short |
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4470 | +0.128% | $63.6M | $304.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5467 | +2.372% | $259K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4457 | +0.099% | $32.3M | $65.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4480 | +0.151% | $75.5M | $150.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4500 | +0.196% | $55.1M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4492 | +0.178% | $73.3M | $131.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4480 | +0.151% | — | $147.0M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4486 | +0.165% | $8.6M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4994 | +1.309% | $270K | $977K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5311 | +2.022% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5320 | +2.042% | $174K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4499 | +0.194% | $257K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4448 | +0.079% | $57K | $237K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4530 | +0.263% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4425 | +0.027% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4490 | +0.173% | $461K | $4.1M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4500 | +0.196% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4433 | +0.046% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4465 | +0.117% | $207K | $40K | 3x | as long as short |
| Extended NEAR-USD | +0.0200% | 1h | 4.4460 | +0.107% | $4.0M | $19.4M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4500 | +0.196% | $14.0M | $33.4M | 75x | as long as short |
| Aster NEARUSDT | +0.0284% | 8h | 4.4437 | +0.054% | $3.1M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0235% | 1h | 4.4423 | +0.023% | $266K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0384% | 1h | 4.4512 | +0.223% | $13K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0403% | 1h | 4.4459 | +0.104% | $1.9M | $4.5M | 25x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4560 | +0.331% | $215K | $1.8M | 10x | as long as short |
| Nado NEAR-PERP | +0.0480% | 1h | 4.4450 | +0.083% | $1.9M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0536% | 1h | 4.4509 | +0.216% | $1.4M | $6.7M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0693% | 1h | 4.4463 | +0.113% | $8.2M | $41.3M | 50x | as long as short |
| Lighter RH NEAR | +0.0696% | 1h | 4.4505 | +0.207% | $1.6M | $7.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0768% | 1h | 4.4525 | +0.252% | $370.1M | $325.6M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.5453 | +2.342% | $1.9M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4543 | +0.292% | $570K | $1.4M | 10x | as long as short |
| Lighter NEARshort | +0.1120% | 1h | 4.4525 | +0.251% | $17.9M | $27.1M | 15x | |
| Aftermath Perps NEARUSD | +0.1651% | 1h | 4.5085 | +1.513% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Extended NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Deribit NEAR_USDC-PERPETUAL
Arcus NEAR-USD
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD