NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0472%/8h= −51.7% APRnext payment −$0.59 per $10,000 · paid last 24h −0.226%

Price spread now: Extended against Lighter−0.182%7-day average −0.218% · you buy dearer than you sell

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$200.203% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.793%−$79 on $10k

Price spread, last 7 days+0.032%+$3 · spread now −0.182%, 7d avg −0.218%

Together, before fees−0.762%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$76 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.036% dearer against Lighter than usual: you sell high and buy low (spread −0.182% now, against its 7-day average of −0.218%): +$4 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NEAR	4.3390	0.1144	pay 0.0143% / 1h	43m 10s	$17.5M	$24.9M	15x
Short	Extended NEAR-USD	4.3311	0.0672	get 0.0084% / 1h	43m 10s	$3.8M	$19.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee ExtendedbpOrdersPrice spread, now −0.182%Rate

Funding earned: −$99.12
Price spread: −0.182% → −0.218%: $3.65
Slippage, 4 orders: −$15.34
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$115.81
Costs to cover: 0.203%
Break-even: never at this rate

Slippage from Lighter: live order book, 6 min ago; Extended: 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 Lighter live order book, 6 min ago	1.95 bp	5.9 bp −$6	17.2 bp −$172	72.0 bp −$7,196	doesn't fit
Sell Extended live order book, 6 min ago	0.46 bp	6.0 bp −$6	10.7 bp −$107	634.2 bp −$63.4K	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	4.3355	−0.082%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3308	−0.190%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3315	−0.174%	$162K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.564%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3406	+0.036%	$2.3M	$16.0M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3360	−0.070%	$108K	$502K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3370	−0.047%	$266.1M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3300	−0.208%	$215.7M	$427.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3320	−0.162%	$61.7M	$291.5M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3400	+0.022%	$247K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3351	−0.091%	$31.7M	$60.8M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3360	−0.070%	$73.7M	$144.4M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3350	−0.093%	$53.9M	$46.4M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3322	−0.157%	$71.1M	$128.8M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3320	−0.162%	—	$146.2M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3397	+0.016%	$8.4M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3444	+0.123%	$254K	$950K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3214	−0.406%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3100	−0.669%	$166K	$799K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3398	+0.018%	$262K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3356	−0.079%	$57K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3450	+0.138%	$1K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3500	+0.253%	$462K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3370	−0.047%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3306	−0.194%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3350	−0.093%	$202K	$37K	3x	as long as short
Kalshi KXNEARPERP	+0.0130%	8h	4.3392	+0.004%	$654K	$23.1M	2.2x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3390	−0.001%	$13.8M	$32.2M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3342	−0.112%	$412K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0309%	8h	4.3360	−0.070%	$2.9M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0321% / S −0.0194%	1h	4.3316	−0.171%	$232K	—	100x	as long as short
SoDEX NEAR-USD	+0.0421%	1h	4.3318	−0.167%	$8K	$49K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0512%	1h	4.3350	−0.093%	$1.4M	$6.5M	20x	as long as short
01 Exchange NEARUSD	+0.0520%	1h	4.3423	+0.075%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0610%	1h	4.3419	+0.066%	$356.5M	$320.5M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3420	+0.068%	$213K	$1.6M	10x	as long as short
Extended NEAR-USDshort	+0.0672%	1h	4.3311	−0.182%	$3.8M	$19.8M	25x
Nado NEAR-PERP	+0.0697%	1h	4.3380	−0.024%	$1.8M	$3.1M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0711%	1h	4.3327	−0.146%	$7.6M	$39.6M	50x	as long as short
Lighter RH NEAR	+0.0856%	1h	4.3387	−0.008%	$1.5M	$7.4M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3302	−0.204%	$1.8M	$2.8M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0997%	1h	4.3357	−0.077%	$2.0M	$8.8M	25x	as long as short
Lighter NEARlong	+0.1144%	1h	4.3390	long leg	$17.5M	$24.9M	15x
RISEx NEAR/USDC	+0.1162%	1h	4.3430	+0.092%	$627K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1582%	1h	4.3407	+0.039%	$5K	$12K	10x	as long as short