Funding you earn now, next payment 01:00 UTC−0.1676%/8h= −183.5% APRpaid last 24h −0.201%
Price spread now: Aster against Lighter−0.147%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$280.275% of the position
Funding, last 7 days−0.700%−$70 on $10k
+Price spread, last 7 days+0.144%+$14 · spread now −0.147%, 7d avg −0.117%
=Together, before fees−0.557%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and Aster is 0.030% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.117%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.700% in total (about -36.5% 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 | Lighter NEAR | 4.3184 | 0.1776 | pay 0.0222% / 1h | 1m 39s | $17.3M | $24.8M | 15x |
| Short | Aster NEARUSDT | 4.3121 | 0.0100 | get 0.0100% / 8h | 7h 01m | $3.0M | $5.8M | 50x |
Lighter NEAR
Aster NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- −$351.96
- Price spread: −0.147% → −0.117%
- −$2.96
- Slippage, 4 orders
- −$19.52
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$382.44
- Costs to cover
- 0.275%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Aster: 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 Lighter live order book, 7 min ago | 3.03 bp | 5.1 bp −$5 | 26.4 bp −$264 | 71.6 bp −$7,159 | doesn't fit |
| Sell Aster live order book, 2 min ago | 3.47 bp | 9.7 bp −$10 | 17.9 bp −$179 | 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 | 4.3058 | −0.292% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.3095 | −0.207% | $7.9M | $38.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3074 | −0.255% | $2.1M | $13.2M | 50x | as long as short |
| Phemex NEARUSDT | −0.0043% | 8h | 4.3070 | −0.265% | $3.8M | $8.4M | 50x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3077 | −0.248% | $380K | $18.7M | 2.2x | as long as short |
| dYdX NEAR-USD | +0.0004% | 1h | 4.3117 | −0.155% | $112K | $64K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3050 | −0.311% | $157K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0010% | 8h | 4.3057 | −0.295% | $8.2M | $18.8M | — | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.109% | $578 | $302K | 12x | as long as short |
| 01 Exchange NEARUSD | +0.0056% | 1h | 4.3120 | −0.149% | $13K | $7K | 10x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
Phemex NEARUSDT
Kalshi KXNEARPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Injective NEAR/USDC PERP
01 Exchange NEARUSDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDT | +0.0096% | 1h | 4.3070 | −0.265% | $115K | $473K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.3087 | −0.225% | $57K | $162K | 20x | as long as short |
| Aster NEARUSDTshort | +0.0100% | 8h | 4.3121 | −0.147% | $3.0M | $5.8M | 50x | |
| Pacifica NEAR | +0.0100% | 1h | 4.3108 | −0.177% | $401K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3090 | −0.218% | $257.3M | $1.05B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3050 | −0.311% | $220.4M | $416.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3080 | −0.242% | $61.0M | $275.9M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3110 | −0.172% | $204K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3243 | +0.135% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3071 | −0.262% | $30.9M | $61.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3090 | −0.218% | $74.3M | $142.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3100 | −0.195% | $55.8M | $42.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3070 | −0.265% | $71.3M | $122.3M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3080 | −0.242% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3202 | +0.041% | $257K | $1.1M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3356 | +0.397% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3200 | +0.036% | $177K | $777K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3105 | −0.184% | $202K | $3.4M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3150 | −0.079% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3065 | −0.276% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3200 | +0.036% | $455K | $3.6M | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3080 | −0.241% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3045 | −0.322% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3059 | −0.289% | $200K | $31K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3140 | −0.103% | $13.2M | $27.6M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0238% | 1h | 4.3076 | −0.251% | $1.9M | $3.9M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0308% | 1h | 4.3044 | −0.325% | $275K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0422% | 1h | 4.3090 | −0.218% | $1.9M | $3.1M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3122 | −0.144% | $410K | $1.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0469% | 1h | 4.3141 | −0.100% | $365.9M | $301.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0491% | 1h | 4.3139 | −0.105% | $1.3M | $5.9M | 20x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3218 | +0.078% | $1.8M | $2.7M | 10x | as long as short |
| Lighter RH NEAR | +0.0512% | 1h | 4.3183 | −0.003% | $1.6M | $7.0M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1498% | 1h | 4.3229 | +0.104% | $5K | $12K | 10x | as long as short |
| Lighter NEARlong | +0.1776% | 1h | 4.3184 | long leg | $17.3M | $24.8M | 15x |
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
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
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
RISEx NEAR/USDC
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Phoenix NEAR
Lighter RH NEAR
Aftermath Perps NEARUSD