Funding you earn now, next payment 05:00 UTC+0.0748%/8h= +81.9% APRpaid last 24h +0.057%
Price spread now: Lighter RH against KuCoin+0.106%7-day average +0.117% · 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−$45as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days+0.466%+$47 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now +0.106%, 7d avg +0.117%
=Together, before fees+0.478%+ Points / potential airdropLighter RH: Points live · farm board+$48 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.117%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.466% in total (about 24.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NEARUSDTM | 4.3480 | 0.0100 | pay 0.0100% / 8h | 3h 37m | $54.0M | $46.2M | 75x |
| Short | Lighter RH NEAR | 4.3526 | 0.0848 | get 0.0106% / 1h | 37m 44s | $1.5M | $7.4M | 10x |
KuCoin NEARUSDTM
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against KuCoin. 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
- $157.08
- Price spread: +0.106% → +0.117%
- −$1.13
- Slippage, 4 orders
- −$31.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $112.47
- Costs to cover
- 0.435%
- Break-even
- 2.0 days
Slippage from KuCoin: live order book, 6 min ago; Lighter RH: 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 KuCoin live order book, 6 min ago | 1.15 bp | 18.0 bp −$18 | 26.9 bp −$269 | 96.3 bp −$9,628 | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 3.45 bp | 3.5 bp −$3 | 9.8 bp −$98 | 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 | 4.3428 | −0.120% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3442 | −0.087% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3418 | −0.142% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.761% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3491 | +0.025% | $2.3M | $15.8M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3410 | −0.161% | $109K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3460 | −0.046% | $266.0M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3438 | −0.097% | $216.0M | $428.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3440 | −0.092% | $61.8M | $292.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3400 | −0.184% | $247K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3454 | −0.060% | $32.0M | $61.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3460 | −0.046% | $73.0M | $144.9M | 200x | as long as short |
| KuCoin NEARUSDTMlong | +0.0100% | 8h | 4.3480 | long leg | $54.0M | $46.2M | 75x | |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3455 | −0.057% | $71.4M | $128.8M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3470 | −0.023% | — | $146.1M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3167 | −0.719% | $8.3M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3214 | −0.613% | $253K | $947K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3296 | −0.423% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3400 | −0.184% | $167K | $799K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3441 | −0.090% | $271K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3474 | −0.014% | $58K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3530 | +0.115% | $1K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3520 | +0.092% | $472K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3460 | −0.046% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3430 | −0.115% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3495 | +0.034% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3290 | −0.437% | $13.6M | $32.2M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0234% | 8h | 4.3368 | −0.258% | $759K | $23.3M | 2.2x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3460 | −0.045% | $408K | $1.3M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0321% / S −0.0195% | 1h | 4.3418 | −0.142% | $232K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0324% | 8h | 4.3480 | 0.000% | $2.9M | $5.6M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0399% | 1h | 4.3455 | −0.057% | $8K | $49K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0515% | 1h | 4.3492 | +0.028% | $1.4M | $6.7M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0520% | 1h | 4.3440 | −0.092% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0605% | 1h | 4.3375 | −0.241% | $1.8M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3440 | −0.092% | $213K | $1.6M | 10x | as long as short |
| Hyperliquid NEAR | +0.0632% | 1h | 4.3512 | +0.074% | $356.8M | $317.5M | 10x | as long as short |
| Extended NEAR-USD | +0.0696% | 1h | 4.3439 | −0.094% | $3.8M | $19.9M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0709% | 1h | 4.3472 | −0.018% | $7.6M | $39.3M | 50x | as long as short |
| Lighter RH NEARshort | +0.0848% | 1h | 4.3526 | +0.106% | $1.5M | $7.4M | 10x | |
| Phoenix NEAR | +0.0941% | 1h | 4.3371 | −0.251% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.1112% | 1h | 4.3498 | +0.042% | $17.5M | $24.9M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3429 | −0.118% | $658K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1223% | 1h | 4.3501 | +0.048% | $1.9M | $8.9M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1555% | 1h | 4.3373 | −0.245% | $5K | $13K | 10x | as long as short |
Gate NEAR_USDT
MEXC NEAR_USDT
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Kalshi KXNEARPERP
Pacifica NEAR
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Nado NEAR-PERP
Arcus NEAR-USD
Hyperliquid NEAR
Extended NEAR-USD
Kraken Futures PF_NEARUSD
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD