Funding you earn now, next payment 01:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h +0.032%
Price spread now: Lighter RH against ApeX Omni+0.019%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.403%+$40 on $10k
+Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.019%, 7d avg +0.073%
=Together, before fees+0.393%+ Points / potential airdropLighter RH: Points live · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.055% cheaper against ApeX Omni than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.073%). If the spread goes back, that is −$5 on $10k: about 22 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NEARUSDT | 4.2900 | 0.0100 | pay 0.0013% / 1h | 45m 13s | $179K | $791K | 50x |
| Short | Lighter RH NEAR | 4.2908 | 0.0296 | get 0.0037% / 1h | 45m 13s | $1.6M | $6.9M | 10x |
ApeX Omni NEARUSDT
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against ApeX Omni. 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
- $41.16
- Price spread: +0.019% → +0.073%
- −$5.46
- Slippage, 4 orders
- −$33.17
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$7.47
- Costs to cover
- 0.432%
- Break-even
- 8.3 days
Slippage from ApeX Omni: live order book, 29 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 ApeX Omni live order book, 29 min ago | 7.03 bp | 15.2 bp −$15 | 100.9 bp −$1,009 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.98 bp | 3.2 bp −$3 | 9.4 bp −$94 | 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 | 4.2843 | −0.133% | $2K | — | 20x | as long as short |
| Bybit NEARUSDT | −0.0147% | 8h | 4.2792 | −0.252% | $218.4M | $418.7M | 75x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.2862 | −0.088% | $7.5M | $37.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2909 | +0.021% | $2.2M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2866 | −0.079% | $111K | $64K | 10x | as long as short |
| 01 Exchange NEARUSD | 0.0000% | 1h | 4.2896 | −0.009% | $13K | $7K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2846 | −0.126% | $376K | $18.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2846 | −0.125% | $203K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0008% | 8h | 4.2958 | +0.136% | $8.0M | $18.7M | — | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.473% | $578 | $302K | 12x | as long as short |
Reya NEARRUSDPERP
Bybit NEARUSDT
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
01 Exchange NEARUSD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Injective NEAR/USDC PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0056% | 8h | 4.2816 | −0.196% | $30.8M | $58.7M | 75x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2900 | 0.000% | $112K | $478K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.2841 | −0.138% | $57K | $193K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2869 | −0.073% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2895 | −0.012% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2893 | −0.015% | $402K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2846 | −0.126% | $254.6M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2810 | −0.210% | $60.9M | $278.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2910 | +0.023% | $197K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3050 | +0.350% | $245K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2830 | −0.163% | $79.4M | $138.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2840 | −0.140% | $56.1M | $43.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2823 | −0.179% | $71.1M | $124.8M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2810 | −0.210% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3101 | +0.468% | $277K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3108 | +0.485% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDTlong | +0.0100% | 1h | 4.2900 | long leg | $179K | $791K | 50x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2892 | −0.019% | $193K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2880 | −0.047% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2830 | −0.163% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2970 | +0.163% | $457K | $3.6M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2830 | −0.163% | $3.8M | $8.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2801 | −0.230% | $3.9M | $16.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2825 | −0.175% | $199K | $28K | 3x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0217% | 1h | 4.2860 | −0.093% | $1.9M | $3.0M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2820 | −0.186% | $13.1M | $28.9M | 75x | as long as short |
| Hyperliquid NEAR | +0.0250% | 1h | 4.2888 | −0.028% | $365.2M | $300.5M | 10x | as long as short |
| Lighter RH NEARshort | +0.0296% | 1h | 4.2908 | +0.019% | $1.6M | $6.9M | 10x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0314% | 1h | 4.2851 | −0.113% | $275K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2914 | +0.033% | $408K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0460% | 1h | 4.2879 | −0.049% | $1.4M | $5.6M | 20x | as long as short |
| Nado NEAR-PERP | +0.0466% | 1h | 4.2873 | −0.062% | $1.9M | $3.3M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3171 | +0.632% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1278% | 1h | 4.2969 | +0.162% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.2176% | 1h | 4.2980 | +0.186% | $17.2M | $23.9M | 15x | as long as short |
Gate NEAR_USDT
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
BloFin NEAR-USDT
Hyperliquid NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR