Funding you earn now, next payment 09:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.007%
Price spread now: Lighter RH against GMX+0.686%7-day average +0.147% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)−0.744%−$74 · spread now +0.686%, 7d avg +0.147%
=Together, before fees−0.623%+ Points / potential airdropLighter RH: Points live · farm board−$62 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 0.539% dearer against GMX than usual: you sell high and buy low: +$54 more if the spread goes back to its 7-day average of +0.147%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX NEAR/USD [ETH-USDC] | 4.4261 | L +0.0356% / S −0.0259% | pay 0.0044% / 1h | 20m 44s | $260K | — | 100x |
| Short | Lighter RH NEAR | 4.4565 | 0.0440 | get 0.0055% / 1h | 20m 44s | $1.5M | $6.5M | 10x |
GMX NEAR/USD [ETH-USDC]
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against GMX. 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
- $17.66
- Price spread: +0.686% → +0.147%
- $53.89
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $59.56
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Lighter RH: live order book, 3 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 3 min ago | 2.03 bp | 4.6 bp −$5 | 10.0 bp −$100 | doesn't fit | doesn't fit |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0427% | 1h | 4.4269 | +0.017% | $7.3M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4189 | −0.164% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4153 | −0.245% | $108K | $65K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4211 | −0.114% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.442% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4180 | −0.184% | $122K | $501K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4465 | +0.460% | $2.7M | $4.6M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4510 | +0.562% | $268.3M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4514 | +0.571% | $224.6M | $427.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4500 | +0.539% | $62.7M | $299.5M | 50x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.4520 | +0.584% | $225K | $1.5M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | −1.155% | $252K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4503 | +0.546% | $37.5M | $62.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4510 | +0.562% | $92.3M | $159.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4530 | +0.607% | $53.4M | $45.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4471 | +0.474% | $73.4M | $127.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4480 | +0.494% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4199 | −0.142% | $9.2M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4218 | −0.098% | $256K | $894K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4259 | −0.006% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4220 | −0.093% | $166K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4180 | −0.184% | $276K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4280 | +0.042% | $57K | $238K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4290 | +0.065% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4270 | +0.020% | $5K | $49K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4260 | −0.003% | $3.5M | $7.7M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.4490 | +0.517% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4462 | +0.453% | $3.7M | $15.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4285 | +0.053% | $206K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0137% | 8h | 4.4246 | −0.035% | $875K | $25.5M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4310 | +0.110% | $12.7M | $32.6M | 75x | as long as short |
| Nado NEAR-PERP | +0.0230% | 1h | 4.4190 | −0.161% | $1.7M | $3.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0281% | 1h | 4.4435 | +0.392% | $360.6M | $315.9M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.4219 | −0.096% | $13K | $6K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC]long | L +0.0356% / S −0.0259% | 1h | 4.4261 | long leg | $260K | — | 100x | |
| Lighter RH NEARshort | +0.0440% | 1h | 4.4565 | +0.686% | $1.5M | $6.5M | 10x | |
| Lighter NEAR | +0.0480% | 1h | 4.4440 | +0.403% | $17.5M | $24.0M | 15x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.4320 | +0.133% | $2.3M | $17.4M | 50x | as long as short |
| HTX NEAR-USDT | +0.0490% | 8h | 4.4340 | +0.178% | $468K | $3.7M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0542% | 1h | 4.4310 | +0.110% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.4300 | +0.088% | $599K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.4485 | +0.506% | $419K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.4057 | −0.462% | $1.8M | $2.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0767% | 1h | 4.4301 | +0.090% | $1.9M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1016% | 1h | 4.4034 | −0.514% | $6K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
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
Extended NEAR-USD
Aevo NEAR-PERP
Kalshi KXNEARPERP
BloFin NEAR-USDT
Nado NEAR-PERP
Hyperliquid NEAR
01 Exchange NEARUSD
Lighter NEAR
Coinbase International NEAR-PERP-INTX
HTX NEAR-USDT
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD