Funding you earn now, next payment 07:00 UTC−0.0872%/8h= −95.5% APRnext payment −$1.09 per $10,000 · paid last 24h −0.071%
Price spread now: Aevo against Lighter RH−0.306%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
Funding, last 7 days−0.453%−$45 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.306%, 7d avg −0.130%
=Together, before fees−0.389%+ Points / potential airdropLighter RH: Points live · farm board−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Aevo is 0.176% cheaper against Lighter RH than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.130%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.453% in total (about -23.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.09 per $10,000. 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 RH NEAR | 4.4664 | 0.1000 | pay 0.0125% / 1h | 39m 44s | $1.5M | $6.7M | 10x |
| Short | Aevo NEAR-PERP | 4.4528 | 0.0128 | get 0.0016% / 1h | 39m 44s | $207K | $40K | 3x |
Lighter RH NEAR
Aevo NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter RH. 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
- −$183.12
- Price spread: −0.306% → −0.130%
- −$17.56
- Slippage, 4 orders
- −$100.87
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$317.55
- Costs to cover
- 1.169%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Aevo: live order book, 4 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 RH live order book, 4 min ago | 1.67 bp | 3.1 bp −$3 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 4 min ago | 10.03 bp | 56.1 bp −$56 | doesn't fit | 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 | 4.4558 | −0.237% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4644 | −0.045% | $110K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4563 | −0.226% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.286% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4640 | −0.054% | $111K | $494K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4604 | −0.134% | $226.2M | $435.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4600 | −0.143% | $62.9M | $300.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5008 | +0.770% | $256K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4453 | −0.472% | $35.3M | $60.6M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4480 | −0.412% | $52.7M | $46.0M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4610 | −0.121% | $73.9M | $127.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4927 | +0.589% | $9.1M | $18.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4779 | +0.258% | $262K | $967K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4740 | +0.170% | $168K | $804K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4607 | −0.128% | $294K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4486 | −0.399% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4520 | −0.322% | $1K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4560 | −0.233% | $464K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4460 | −0.457% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0106% | 8h | 4.4600 | −0.143% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0124% | 8h | 4.4854 | +0.425% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERPshort | +0.0128% | 1h | 4.4528 | −0.306% | $207K | $40K | 3x | |
| SoDEX NEAR-USD | +0.0175% | 1h | 4.4447 | −0.486% | $5K | $53K | 10x | as long as short |
| BingX NEAR-USDC | +0.0185% | 8h | 4.4620 | −0.099% | — | $6.7M | — | as long as short |
| MEXC NEAR_USDT | +0.0189% | 8h | 4.4680 | +0.036% | $83.9M | $146.3M | 200x | as long as short |
| Binance NEARUSDT | +0.0190% | 8h | 4.4597 | −0.150% | $271.5M | $1.09B | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0292% | 8h | 4.4525 | −0.311% | $1.1M | $25.1M | 2.2x | as long as short |
| Extended NEAR-USD | +0.0296% | 1h | 4.4594 | −0.157% | $3.7M | $18.8M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0310% | 8h | 4.4790 | +0.282% | $13.6M | $33.0M | 75x | as long as short |
| Aster NEARUSDT | +0.0330% | 8h | 4.4554 | −0.246% | $2.9M | $5.0M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0335% / S −0.0229% | 1h | 4.4554 | −0.246% | $256K | — | 100x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4520 | −0.322% | $2.3M | $16.5M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0472% | 1h | 4.4667 | +0.007% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0543% | 1h | 4.4493 | −0.384% | $365.8M | $309.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0548% | 1h | 4.4495 | −0.378% | $1.4M | $6.7M | 20x | as long as short |
| Nado NEAR-PERP | +0.0580% | 1h | 4.4594 | −0.156% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0657% | 1h | 4.4424 | −0.538% | $7.4M | $38.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4690 | +0.058% | $227K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0960% | 1h | 4.4597 | −0.149% | $17.5M | $24.8M | 15x | as long as short |
| Lighter RH NEARlong | +0.1000% | 1h | 4.4664 | long leg | $1.5M | $6.7M | 10x | |
| Phoenix NEAR | +0.1003% | 1h | 4.5134 | +1.052% | $1.9M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4569 | −0.213% | $411K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1259% | 1h | 4.4754 | +0.201% | $6K | $12K | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4685 | +0.046% | $669K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1347% | 1h | 4.4521 | −0.320% | $1.9M | $12.4M | 25x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
SoDEX NEAR-USD
BingX NEAR-USDC
MEXC NEAR_USDT
Binance NEARUSDT
Kalshi KXNEARPERP
Extended NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Lighter NEAR
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL