Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0612%/8h= +67.0% APRnext payment +$0.77 per $10,000 · paid last 24h +0.072%
Price spread now: Lighter RH against SoDEX+0.181%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Lighter RH is 0.181% dearer against SoDEX than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.36650.0100pay 0.0013% / 1h49m 22s$5K$53K10x
ShortLighter RH NEAR4.37440.0712get 0.0089% / 1h49m 22s$1.5M$6.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against SoDEX. 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

Funding earned
$128.52
Price spread: +0.181% → 0.000%
$18.09
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$138.61
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Lighter RH: 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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Lighter RH live order book, 4 min ago1.84 bp4.4 bp −$412.2 bp −$122doesn't fitdoesn't fit
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3623−0.096%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3692+0.061%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3629−0.083%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3658−0.016%$7.2M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.164%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3690+0.057%$106K$491K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3637−0.064%$220.3M$431.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3610−0.126%$61.2M$293.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3597−0.156%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3675+0.023%$35.6M$61.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3660−0.011%$52.9M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3627−0.087%$72.3M$128.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.3467−0.455%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3475−0.434%$252K$899K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3486−0.409%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3500−0.378%$164K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3687+0.050%$282K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3648−0.039%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3690+0.057%$1K$1.3M20xas long as short
SoDEX NEAR-USDlong+0.0100%1h4.3665long leg$5K$53K10x
Phemex NEARUSDT+0.0100%8h4.3680+0.034%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3691+0.059%$32K$58510xas long as short
HTX NEAR-USDT+0.0103%8h4.3740+0.172%$456K$3.8M75xas long as short
Extended NEAR-USD+0.0104%1h4.3663−0.005%$3.6M$17.5M25xas long as short
Aevo NEAR-PERP+0.0136%1h4.3655−0.024%$203K$38K3xas long as short
BingX NEAR-USDT+0.0204%8h4.3640−0.057%$145.0Mas long as short
Kalshi KXNEARPERP+0.0206%8h4.3490−0.401%$956K$25.2M2.2xas long as short
MEXC NEAR_USDT+0.0215%8h4.3650−0.034%$80.8M$149.1M200xas long as short
Binance NEARUSDT+0.0217%8h4.3660−0.011%$265.3M$1.09B75xas long as short
Aster NEARUSDT+0.0233%8h4.3644−0.047%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0202%1h4.3615−0.114%$234K100xas long as short
BloFin NEAR-USDT+0.0335%8h4.3510−0.355%$13.4M$32.1M75xas long as short
Nado NEAR-PERP+0.0368%1h4.3631−0.078%$1.7M$3.2M10xas long as short
01 Exchange NEARUSD+0.0376%1h4.3718+0.121%$13K$7K10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3591−0.169%$2.3M$16.9M50xas long as short
Hyperliquid NEAR+0.0513%1h4.3676+0.025%$353.7M$315.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0535%1h4.3698+0.076%$1.2M$7.0M20xas long as short
Arcus NEAR-USD+0.0638%1h4.3710+0.103%$230K$1.6M10xas long as short
Lighter RH NEARshort+0.0712%1h4.3744+0.181%$1.5M$6.6M10x
Lighter NEAR+0.0896%1h4.3764+0.227%$17.3M$24.9M15xas long as short
Pacifica NEAR+0.0949%1h4.3704+0.090%$412K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3382−0.648%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3714+0.112%$643K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1010%1h4.3693+0.064%$1.9M$13.0M25xas long as short
Aftermath Perps NEARUSD+0.1289%1h4.3456−0.479%$5K$10K10xas long as short