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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0789%/8h= −86.4% APRnext payment $0.99 per $10,000 · paid last 24h −0.242%
Price spread now: Lighter RH against Aftermath Perps−0.167%7-day average · you buy dearer than you sell
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 4 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 against this trade now: funding costs −$24 a day on $10k at the current rate, and Lighter RH is 0.167% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps NEARUSD4.48170.1125pay 0.0141% / 1h45m 19s$6K$6K10x
ShortLighter RH NEAR4.47420.0336get 0.0042% / 1h45m 19s$1.5M$5.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Aftermath Perps. 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
−$165.62
Price spread: −0.167% → 0.000%
−$16.72
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$191.33
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Lighter RH: live order book, 6 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 Aftermath Perps no order-book sample
Sell Lighter RH live order book, 6 min ago2.23 bp2.4 bp −$211.6 bp −$116doesn't fitdoesn't fit
Aftermath Perps: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0237%1h4.4672−0.322%$7.4M$36.9M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4684−0.296%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4725−0.205%$110K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4712−0.234%$841K$26.1M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4671−0.326%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.602%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4750−0.149%$123K$504K50xas long as short
Aster NEARUSDT+0.0100%8h4.4710−0.239%$2.6M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4710−0.238%$271.2M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4689−0.285%$230.8M$427.0M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4680−0.305%$63.9M$297.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4750−0.149%$267K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4681−0.303%$39.7M$62.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4700−0.261%$76.2M$168.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4700−0.261%$53.1M$43.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4660−0.350%$74.1M$126.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4660−0.350%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.4714−0.231%$8.9M$16.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4825+0.018%$265K$871K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4781−0.081%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4820+0.007%$167K$822K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4723−0.210%$274K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4676−0.314%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4730−0.194%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4695−0.272%$5K$34K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4750−0.149%$464K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4700−0.261%$3.3M$8.0M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4739−0.175%$33K$24510xas long as short
Extended NEAR-USD+0.0104%1h4.4645−0.383%$3.7M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4655−0.362%$208K$38K3xas long as short
Hyperliquid NEAR+0.0171%1h4.4725−0.205%$360.3M$314.8M10xas long as short
01 Exchange NEARUSD+0.0208%1h4.4746−0.158%$13K$4K10xas long as short
Nado NEAR-PERP+0.0219%1h4.4704−0.251%$1.8M$3.1M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4700−0.261%$12.9M$32.4M75xas long as short
Lighter NEAR+0.0232%1h4.4739−0.173%$17.5M$23.3M15xas long as short
Lighter RH NEARshort+0.0336%1h4.4742−0.167%$1.5M$5.9M10x
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0226%1h4.4650−0.372%$262K100xas long as short
Arcus NEAR-USD+0.0343%1h4.4760−0.127%$226K$1.4M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.4751−0.147%$633K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.4797−0.044%$2.3M$17.5M50xas long as short
Backpack NEAR_USDC_PERP+0.0619%1h4.4742−0.167%$1.1M$7.1M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0691%1h4.4694−0.274%$1.9M$13.0M25xas long as short
Phoenix NEAR+0.0741%1h4.4913+0.214%$1.7M$2.7M10xas long as short
Pacifica NEAR+0.0851%1h4.4751−0.148%$419K$1.3M10xas long as short
Aftermath Perps NEARUSDlong+0.1125%1h4.4817long leg$6K$6K10x