Funding you earn now, next payment 01:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h −0.004%
Price spread now: Lighter RH against BloFin+0.214%61s7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 3 days (all we have)+0.011%+$1 · spread now +0.214%, 7d avg +0.144%
=Together, before fees+0.218%+ Points / potential airdropLighter RH: Points live · farm board+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.070% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.144%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEAR-USDT | 4.2970 | 0.0220 | pay 0.0220% / 8h | 7h 46m | $13.1M | $29.1M | 75x |
| Short | Lighter RH NEAR | 4.3062 | 0.0304 | get 0.0038% / 1h | 46m 07s | $1.6M | $6.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against BloFin. 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
- $17.64
- Price spread: +0.214% → +0.144%
- $7
- Slippage, 4 orders
- −$23.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$10.6
- Costs to cover
- 0.352%
- Break-even
- 11.2 days
Slippage from BloFin: live order book, 3 min ago; Lighter RH: live order book, 2 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 BloFin live order book, 3 min ago | 2.32 bp | 14.1 bp −$14 | 18.2 bp −$182 | 42.0 bp −$4,197 | 105.8 bp −$52.9K |
| Sell Lighter RH live order book, 2 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 | 4.2927 | −0.100% | $2K | — | 20x | as long as short |
| Bybit NEARUSDT | −0.0170% | 8h | 4.2774 | −0.456% | $218.3M | $418.8M | 75x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.3043 | +0.170% | $7.6M | $37.1M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2960 | −0.023% | $2.3M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2954 | −0.038% | $111K | $64K | 10x | as long as short |
| 01 Exchange NEARUSD | 0.0000% | 1h | 4.3001 | +0.072% | $13K | $7K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2913 | −0.133% | $377K | $18.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2992 | +0.051% | $204K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0008% | 8h | 4.2958 | −0.027% | $8.0M | $18.7M | — | as long as short |
| Gate NEAR_USDT | +0.0033% | 8h | 4.2911 | −0.137% | $30.9M | $58.7M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.630% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3000 | +0.070% | $112K | $478K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.3056 | +0.200% | $57K | $193K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3031 | +0.143% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3016 | +0.106% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2950 | −0.046% | $402K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2882 | −0.204% | $254.8M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2770 | −0.465% | $61.0M | $278.3M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3030 | +0.140% | $197K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3050 | +0.186% | $245K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2920 | −0.116% | $79.6M | $138.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2940 | −0.070% | $56.2M | $43.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2839 | −0.305% | $71.1M | $124.8M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2900 | −0.163% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3101 | +0.305% | $277K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3108 | +0.321% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3120 | +0.349% | $180K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2974 | +0.009% | $193K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3100 | +0.303% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3010 | +0.093% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3100 | +0.303% | $458K | $3.6M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2970 | 0.000% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3024 | +0.126% | $3.9M | $16.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3043 | +0.169% | $200K | $28K | 3x | as long as short |
| BloFin NEAR-USDTlong | +0.0220% | 8h | 4.2970 | long leg | $13.1M | $29.1M | 75x | |
| Hyperliquid NEAR | +0.0280% | 1h | 4.2970 | 0.000% | $366.3M | $300.2M | 10x | as long as short |
| Lighter RH NEARshort | +0.0304% | 1h | 4.3062 | +0.214% | $1.6M | $6.9M | 10x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0354% | 1h | 4.3076 | +0.247% | $1.9M | $3.0M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0314% | 1h | 4.2985 | +0.035% | $275K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3020 | +0.115% | $409K | $1.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0448% | 1h | 4.2943 | −0.063% | $1.9M | $3.3M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0468% | 1h | 4.2967 | −0.007% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3171 | +0.468% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1279% | 1h | 4.3056 | +0.200% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.2176% | 1h | 4.3134 | +0.381% | $17.2M | $23.9M | 15x | as long as short |
BloFin NEAR-USDT
Lighter RH NEAR
Bybit NEARUSDT
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Gate NEAR_USDT
Injective NEAR/USDC PERP
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Hyperliquid NEAR
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR