Funding you earn now, next payment 12:00 UTC−0.0628%/8h= −68.8% APRpaid last 24h −0.223%
Price spread now: edgeX against Lighter−0.647%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$300.301% of the position
Funding, last 7 days−0.824%−$82 on $10k
+Price spread, last 7 days+0.447%+$45 · spread now −0.647%, 7d avg −0.165%
=Together, before fees−0.378%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and edgeX is 0.482% cheaper against Lighter than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.165%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.5442 | 0.0728 | pay 0.0091% / 1h | 5m 06s | $17.9M | $26.9M | 15x |
| Short | edgeX NEARUSDC | 4.5147 | 0.0100 | get 0.0050% / 4h | 5m 06s | $250K | $860K | 20x |
Lighter NEAR
edgeX NEARUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$131.88
- Price spread: −0.647% → −0.165%
- −$48.21
- Slippage, 4 orders
- −$21.15
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$210.24
- Costs to cover
- 0.301%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; edgeX: live order book, 37 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 | 1.48 bp | 2.0 bp −$2 | 13.5 bp −$135 | 61.6 bp −$6,160 | doesn't fit |
| Sell edgeX live order book, 37 min ago | 6.56 bp | 12.1 bp −$12 | 29.2 bp −$292 | doesn't fit | doesn't fit |
NEAR on 45 exchanges
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 | −0.0376% | 1h | 4.5359 | −0.182% | $7.5M | $37.0M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.5365 | −0.168% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5348 | −0.205% | $111K | $53K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.5401 | −0.089% | $870K | $27.6M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0007% | 1h | 4.5381 | −0.133% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.872% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5400 | −0.091% | $123K | $529K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5410 | −0.069% | $2.6M | $5.3M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5417 | −0.053% | $270.9M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5420 | −0.047% | $234.5M | $430.4M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5400 | −0.091% | $64.6M | $312.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5150 | −0.641% | $278K | $25K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5394 | −0.105% | $42.5M | $65.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5420 | −0.047% | $80.0M | $178.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5400 | −0.091% | $56.2M | $44.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5401 | −0.089% | $75.7M | $129.6M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.5390 | −0.113% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5272 | −0.373% | $8.7M | $15.7M | — | as long as short |
| edgeX NEARUSDCshort | +0.0100% | 4h | 4.5147 | −0.647% | $250K | $860K | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5340 | −0.223% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5380 | −0.135% | $170K | $819K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5401 | −0.089% | $193K | $4.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5381 | −0.133% | $56K | $255K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5460 | +0.041% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5380 | −0.135% | $6K | $36K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5470 | +0.063% | $473K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5420 | −0.047% | $3.3M | $8.7M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.5377 | −0.142% | $33K | $389 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5358 | −0.185% | $3.8M | $15.5M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5369 | −0.160% | $211K | $34K | 3x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0184% / S +0.0014% | 1h | 4.5382 | −0.131% | $219K | — | 100x | as long as short |
| Hyperliquid NEAR | +0.0211% | 1h | 4.5414 | −0.061% | $364.5M | $312.4M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5410 | −0.069% | $12.9M | $32.3M | 75x | as long as short |
| Arcus NEAR-USD | +0.0253% | 1h | 4.5400 | −0.091% | $230K | $1.4M | 10x | as long as short |
| Lighter RH NEAR | +0.0256% | 1h | 4.5439 | −0.006% | $1.6M | $6.0M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0280% | 1h | 4.5400 | −0.091% | $13K | $4K | 10x | as long as short |
| Nado NEAR-PERP | +0.0397% | 1h | 4.5355 | −0.190% | $1.8M | $3.2M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0478% | 1h | 4.5404 | −0.083% | $570K | $1.8M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0544% | 1h | 4.5380 | −0.135% | $2.4M | $18.0M | 50x | as long as short |
| Pacifica NEAR | +0.0687% | 1h | 4.5396 | −0.101% | $429K | $1.1M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0697% | 1h | 4.5426 | −0.034% | $2.0M | $13.0M | 25x | as long as short |
| Lighter NEARlong | +0.0728% | 1h | 4.5442 | long leg | $17.9M | $26.9M | 15x | |
| Phoenix NEAR | +0.0733% | 1h | 4.5429 | −0.028% | $1.7M | $2.6M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0787% | 1h | 4.5443 | +0.003% | $1.1M | $7.2M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.0981% | 1h | 4.5285 | −0.344% | $6K | $6K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
GMX NEAR/USD [ETH-USDC]
Hyperliquid NEAR
BloFin NEAR-USDT
Arcus NEAR-USD
Lighter RH NEAR
01 Exchange NEARUSD
Nado NEAR-PERP
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD