Funding you earn now, next payment 00:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.10 per $10,000 · paid last 24h −0.105%
Price spread now: Lighter RH against RISEx+0.137%7-day average +0.098% · 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−$14as in the Price arb table
costs, in and out, $10k−$180.179% of the position
Funding, last 3 days (all we have)−0.066%−$7 on $10k
+Price spread, last 7 days−0.127%−$13 · spread now +0.137%, 7d avg +0.098%
=Together, before fees−0.193%+ Points / potential airdropLighter RH: Points live · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.039% dearer against RISEx than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.098%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx NEAR/USDC | 4.2751 | 0.0404 | pay 0.0051% / 1h | 15m 34s | $419K | $1.2M | 10x |
| Short | Lighter RH NEAR | 4.2810 | 0.0328 | get 0.0041% / 1h | 15m 34s | $1.5M | $7.1M | 10x |
RISEx NEAR/USDC
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against RISEx. 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
- −$16
- Price spread: +0.137% → +0.098%
- $3.87
- Slippage, 4 orders
- −$11.86
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$29.99
- Costs to cover
- 0.179%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 3 min ago; Lighter RH: live order book, 3 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 RISEx live order book, 3 min ago | 3.27 bp | 6.3 bp −$6 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.63 bp | 3.5 bp −$3 | 11.8 bp −$118 | 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 | 4.2668 | −0.196% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2781 | +0.069% | $2.2M | $13.1M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2761 | +0.023% | $111K | $62K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2837 | +0.200% | $340K | $18.8M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2682 | −0.162% | $201K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.138% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0047% | 8h | 4.2759 | +0.017% | $7.9M | $18.5M | — | as long as short |
| Bybit NEARUSDT | +0.0051% | 8h | 4.2672 | −0.186% | $217.5M | $422.5M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0072% | 1h | 4.2730 | −0.050% | $13K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2700 | −0.120% | $109K | $495K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Variational Omni NEAR
Bybit NEARUSDT
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2697 | −0.127% | $57K | $194K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2726 | −0.059% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2775 | +0.056% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2771 | +0.045% | $400K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2686 | −0.153% | $252.7M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2660 | −0.214% | $60.8M | $285.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2750 | −0.003% | $196K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2950 | +0.465% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2719 | −0.076% | $30.6M | $60.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2740 | −0.027% | $77.6M | $142.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2770 | +0.044% | $55.8M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2729 | −0.052% | $71.0M | $126.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2730 | −0.050% | — | $140.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2754 | +0.005% | $244K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2783 | +0.074% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2750 | −0.003% | $179K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2702 | −0.116% | $200K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2730 | −0.050% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2690 | −0.144% | $4K | $54K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2700 | −0.120% | $3.8M | $8.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2707 | −0.105% | $3.9M | $16.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2680 | −0.167% | $201K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2726 | −0.060% | $7.6M | $37.6M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0195% | 1h | 4.2718 | −0.078% | $1.9M | $2.5M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2800 | +0.114% | $13.0M | $29.4M | 75x | as long as short |
| Lighter RH NEARshort | +0.0328% | 1h | 4.2810 | +0.137% | $1.5M | $7.1M | 10x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0375% / S −0.0314% | 1h | 4.2691 | −0.140% | $274K | — | 100x | as long as short |
| RISEx NEAR/USDClong | +0.0404% | 1h | 4.2751 | long leg | $419K | $1.2M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0454% | 1h | 4.2742 | −0.022% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2892 | +0.329% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0668% | 1h | 4.2647 | −0.244% | $1.9M | $3.4M | 10x | as long as short |
| Hyperliquid NEAR | +0.0694% | 1h | 4.2801 | +0.116% | $366.4M | $299.9M | 10x | as long as short |
| HTX NEAR-USDT | +0.0785% | 8h | 4.2760 | +0.020% | $458K | $3.7M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1148% | 1h | 4.2776 | +0.056% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1688% | 1h | 4.2863 | +0.262% | $16.6M | $24.1M | 15x | as long as short |
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Phoenix NEAR
Nado NEAR-PERP
Hyperliquid NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR