Funding you earn now, next payment 08:00 UTC+0.0460%/8h= +50.4% APRpaid last 24h +0.241%
Price spread now: Lighter against Bybit+0.145%7-day average +0.185% · you sell dearer than you buy
Net, funding: paid 7d − costs+$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.301% of the position
Funding, last 7 days+0.871%+$87 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now +0.145%, 7d avg +0.185%
=Together, before fees+0.910%+ Points / potential airdropLighter: Season 3 · farm board+$91 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.040% cheaper against Bybit than usual: you would sell low and buy high (spread +0.145% now, against its 7-day average of +0.185%). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NEARUSDT | 4.3530 | 0.0100 | pay 0.0100% / 8h | 2m 21s | $219.3M | $430.0M | 75x |
| Short | Lighter NEAR | 4.3593 | 0.0560 | get 0.0070% / 1h | 2m 21s | $17.2M | $25.4M | 15x |
Bybit NEARUSDT
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $96.6
- Price spread: +0.145% → +0.185%
- −$3.97
- Slippage, 4 orders
- −$19.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $62.48
- Costs to cover
- 0.301%
- Break-even
- 2.5 days
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 6 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 Bybit live order book, 2 min ago | 1.15 bp | 8.1 bp −$8 | 13.1 bp −$131 | 36.4 bp −$3,641 | 128.9 bp −$64.4K |
| Sell Lighter live order book, 6 min ago | 2.37 bp | 7.1 bp −$7 | 15.3 bp −$153 | 70.9 bp −$7,092 | 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 | 4.3529 | −0.002% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3534 | +0.009% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3591 | +0.141% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3621 | +0.208% | $7.2M | $38.7M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.870% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3530 | 0.000% | $114K | $500K | 50x | as long as short |
| Bybit NEARUSDTlong | +0.0100% | 8h | 4.3530 | long leg | $219.3M | $430.0M | 75x | |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3560 | +0.069% | $61.4M | $295.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | +0.505% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3513 | −0.039% | $35.8M | $63.2M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3530 | 0.000% | $52.8M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3547 | +0.039% | $72.0M | $127.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3549 | +0.044% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3722 | +0.442% | $253K | $896K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3681 | +0.348% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3680 | +0.345% | $167K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3550 | +0.046% | $272K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3579 | +0.113% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3630 | +0.230% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3625 | +0.218% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3620 | +0.207% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3521 | −0.020% | $31K | $585 | 10x | as long as short |
| Aster NEARUSDT | +0.0102% | 8h | 4.3525 | −0.011% | $2.7M | $4.8M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3525 | −0.013% | $3.6M | $16.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3584 | +0.124% | $203K | $40K | 3x | as long as short |
| Hyperliquid NEAR | +0.0130% | 1h | 4.3556 | +0.060% | $350.9M | $316.3M | 10x | as long as short |
| Binance NEARUSDT | +0.0142% | 8h | 4.3519 | −0.025% | $262.9M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0144% | 8h | 4.3520 | −0.023% | $88.7M | $154.7M | 200x | as long as short |
| HTX NEAR-USDT | +0.0159% | 8h | 4.3690 | +0.368% | $465K | $3.8M | 75x | as long as short |
| BingX NEAR-USDC | +0.0162% | 8h | 4.3530 | 0.000% | — | $6.7M | — | as long as short |
| Kalshi KXNEARPERP | +0.0169% | 8h | 4.3521 | −0.021% | $940K | $25.1M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0232% | 1h | 4.3561 | +0.071% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0264% | 8h | 4.3630 | +0.230% | $13.4M | $32.1M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0342% / S −0.0242% | 1h | 4.3590 | +0.137% | $253K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0370% | 1h | 4.3505 | −0.057% | $1.6M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0473% | 1h | 4.3666 | +0.312% | $1.1M | $7.2M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3621 | +0.209% | $2.3M | $17.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0496% | 1h | 4.3573 | +0.099% | $1.5M | $6.8M | 10x | as long as short |
| Lighter NEARshort | +0.0560% | 1h | 4.3593 | +0.145% | $17.2M | $25.4M | 15x | |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3570 | +0.092% | $228K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3538 | +0.018% | $410K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3702 | +0.395% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3559 | +0.065% | $604K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1121% | 1h | 4.3590 | +0.138% | $5K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1355% | 1h | 4.3690 | +0.368% | $1.9M | $13.1M | 25x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Hyperliquid NEAR
Binance NEARUSDT
MEXC NEAR_USDT
HTX NEAR-USDT
BingX NEAR-USDC
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Arcus NEAR-USD
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL