NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0940%/8h= −102.9% APRnext payment −$1.18 per $10,000 · paid last 24h −0.231%

Price spread now: SoDEX against Lighter−0.214%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and SoDEX is 0.214% cheaper against Lighter than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NEAR	4.3658	0.1040	pay 0.0130% / 1h	49m 14s	$17.4M	$25.6M	15x
Short	SoDEX NEAR-USD	4.3565	0.0100	get 0.0013% / 1h	49m 14s	$5K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.214%Rate

Funding earned: −$197.4
Price spread: −0.214% → 0.000%: −$21.39
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$226.79
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 10 min ago; SoDEX: no order-book sample. 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 Lighter live order book, 10 min ago	2.24 bp	5.4 bp −$5	17.3 bp −$173	80.1 bp −$8,007	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 44 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	4.3538	−0.276%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.3541	−0.269%	$2.2M	$14.1M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3622	−0.083%	$108K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3580	−0.180%	$548K	$19.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3546	−0.258%	$197K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.150%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3610	−0.111%	$114K	$483K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3683	+0.057%	$412K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3624	−0.079%	$264.8M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3615	−0.099%	$220.4M	$416.5M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3610	−0.111%	$62.1M	$288.1M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3657	−0.003%	$249K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3560	−0.225%	$31.4M	$61.8M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3570	−0.202%	$75.1M	$139.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3600	−0.134%	$54.4M	$44.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3543	−0.264%	$71.5M	$126.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3560	−0.225%	—	$144.2M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3926	+0.614%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3800	+0.325%	$268K	$994K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3910	+0.576%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3790	+0.301%	$195K	$778K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3606	−0.120%	$205K	$3.6M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3559	−0.228%	$60K	$190K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3710	+0.118%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USDshort	+0.0100%	1h	4.3565	−0.214%	$5K	$50K	10x
HTX NEAR-USDT	+0.0100%	8h	4.3640	−0.042%	$456K	$3.8M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3610	−0.111%	$3.8M	$8.1M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3644	−0.034%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3529	−0.296%	$3.8M	$18.5M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3575	−0.191%	$203K	$34K	3x	as long as short
Aster NEARUSDT	+0.0198%	8h	4.3590	−0.157%	$3.0M	$5.5M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0232%	1h	4.3575	−0.191%	$1.9M	$4.3M	25x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0348% / S −0.0244%	1h	4.3550	−0.247%	$255K	—	100x	as long as short
01 Exchange NEARUSD	+0.0400%	1h	4.3689	+0.070%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.3700	+0.095%	$208K	$1.7M	10x	as long as short
Nado NEAR-PERP	+0.0423%	1h	4.3539	−0.273%	$1.9M	$3.0M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0670%	1h	4.3717	+0.134%	$1.4M	$6.4M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0707%	1h	4.3586	−0.166%	$8.1M	$41.0M	50x	as long as short
Lighter RH NEAR	+0.0752%	1h	4.3663	+0.011%	$1.6M	$6.9M	10x	as long as short
Hyperliquid NEAR	+0.0773%	1h	4.3617	−0.095%	$367.4M	$304.5M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.3944	+0.654%	$1.8M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.3677	+0.043%	$551K	$1.3M	10x	as long as short
Lighter NEARlong	+0.1040%	1h	4.3658	long leg	$17.4M	$25.6M	15x
Aftermath Perps NEARUSD	+0.1703%	1h	4.3758	+0.229%	$6K	$12K	10x	as long as short