Funding you earn now, next payment 05:00 UTC+0.1067%/8h= +116.8% APRnext payment +$1.33 per $10,000 · paid last 24h +0.138%
Price spread now: Lighter RH against Reya+0.149%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 RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Lighter RH is 0.149% dearer against Reya than usual: you sell high and buy low: +$15 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 | 4.3399 | −0.0171 | get 0.0021% / 1h | 19m 09s | $2K | — | 20x |
| Short | Lighter RH NEAR | 4.3464 | 0.0896 | get 0.0112% / 1h | 19m 09s | $1.5M | $7.4M | 10x |
Reya NEARRUSDPERP
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $224.04
- Price spread: +0.149% → 0.000%
- $14.93
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $232.97
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Lighter RH: live order book, 5 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 RH live order book, 5 min ago | 2.54 bp | 5.5 bp −$5 | 14.7 bp −$147 | doesn't fit | 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 | 4.3399 | long leg | $2K | — | 20x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3486 | +0.199% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3372 | −0.063% | $162K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.583% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3486 | +0.200% | $2.3M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3430 | +0.071% | $110K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3433 | +0.077% | $265.7M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3386 | −0.030% | $214.5M | $426.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3390 | −0.021% | $61.4M | $289.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3250 | −0.343% | $246K | −$0 | 10x | as long as short |
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 | 4.3378 | −0.049% | $32.1M | $61.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3430 | +0.071% | $73.9M | $146.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3420 | +0.048% | $53.8M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3383 | −0.037% | $71.5M | $127.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3420 | +0.048% | — | $145.9M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3327 | −0.165% | $8.2M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3370 | −0.067% | $253K | $949K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3370 | −0.067% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3370 | −0.067% | $167K | $795K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3454 | +0.126% | $275K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3406 | +0.016% | $57K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3480 | +0.186% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3560 | +0.371% | $472K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3430 | +0.071% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3445 | +0.106% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3404 | +0.011% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3430 | +0.071% | $13.5M | $32.2M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3503 | +0.239% | $402K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0288% | 8h | 4.3465 | +0.152% | $876K | $23.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0324% / S −0.0198% | 1h | 4.3364 | −0.081% | $234K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0335% | 8h | 4.3430 | +0.071% | $2.8M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0354% | 1h | 4.3385 | −0.033% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0512% | 1h | 4.3517 | +0.271% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0570% | 1h | 4.3417 | +0.040% | $1.8M | $3.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0583% | 1h | 4.3414 | +0.034% | $1.3M | $6.7M | 20x | as long as short |
| Hyperliquid NEAR | +0.0590% | 1h | 4.3460 | +0.140% | $355.8M | $314.3M | 10x | as long as short |
| Extended NEAR-USD | +0.0600% | 1h | 4.3366 | −0.077% | $3.8M | $20.0M | 25x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3500 | +0.232% | $214K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0649% | 1h | 4.3400 | +0.002% | $1.9M | $9.5M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0710% | 1h | 4.3408 | +0.019% | $7.6M | $39.0M | 50x | as long as short |
| Lighter RH NEARshort | +0.0896% | 1h | 4.3464 | +0.149% | $1.5M | $7.4M | 10x | |
| Phoenix NEAR | +0.0941% | 1h | 4.3290 | −0.252% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.1104% | 1h | 4.3464 | +0.150% | $17.5M | $25.0M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3502 | +0.236% | $687K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1548% | 1h | 4.3466 | +0.154% | $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
Orderly PERP_NEAR_USDC
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
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Extended NEAR-USD
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Kraken Futures PF_NEARUSD
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD