Funding you earn now, next payment 04:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.24 per $10,000 · paid last 24h −0.051%
Price spread now: Extended against Lighter RH−0.280%7-day average −0.191% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$200.204% of the position
Funding, last 7 days−0.442%−$44 on $10k
+Price spread, last 7 days+0.248%+$25 · spread now −0.280%, 7d avg −0.191%
=Together, before fees−0.193%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.089% cheaper against Lighter RH than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.191%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.3884 | 0.0688 | pay 0.0086% / 1h | 5m 52s | $1.5M | $7.2M | 10x |
| Short | Extended NEAR-USD | 4.3761 | 0.0496 | get 0.0062% / 1h | 5m 52s | $3.9M | $19.7M | 25x |
Lighter RH NEAR
Extended NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$40.32
- Price spread: −0.280% → −0.191%
- −$8.86
- Slippage, 4 orders
- −$15.44
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$69.62
- Costs to cover
- 0.204%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago | 1.71 bp | 3.0 bp −$3 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 3.87 bp | 8.3 bp −$8 | 13.2 bp −$132 | 1338.8 bp −$133.9K | 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 | 4.3771 | −0.257% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.3886 | +0.005% | $2.2M | $15.6M | 50x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3850 | −0.077% | $615K | $22.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3788 | −0.219% | $164K | — | 150x | as long as short |
| dYdX NEAR-USD | +0.0008% | 1h | 4.3857 | −0.061% | $108K | $69K | 10x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.638% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3840 | −0.100% | $113K | $514K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3889 | +0.010% | $417K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3814 | −0.159% | $270.3M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3754 | −0.296% | $220.3M | $423.8M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
dYdX NEAR-USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3770 | −0.260% | $62.6M | $295.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4054 | +0.388% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3767 | −0.267% | $31.9M | $64.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3800 | −0.191% | $75.2M | $150.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3810 | −0.169% | $54.5M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3750 | −0.305% | $71.9M | $130.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3770 | −0.260% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3767 | −0.266% | $8.5M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4083 | +0.453% | $264K | $962K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4010 | +0.288% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4090 | +0.469% | $170K | $801K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3834 | −0.114% | $243K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3801 | −0.189% | $60K | $236K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3920 | +0.082% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3960 | +0.173% | $455K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3890 | +0.014% | $3.8M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3826 | −0.132% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3840 | −0.101% | $204K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0192% | 1h | 4.3810 | −0.169% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3880 | −0.009% | $13.8M | $32.5M | 75x | as long as short |
| Aster NEARUSDT | +0.0304% | 8h | 4.3810 | −0.169% | $2.9M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0190% | 1h | 4.3789 | −0.216% | $232K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0341% | 1h | 4.3825 | −0.134% | $1.3M | $6.3M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0352% | 1h | 4.3893 | +0.021% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0388% | 1h | 4.3840 | −0.100% | $361.3M | $320.0M | 10x | as long as short |
| Extended NEAR-USDshort | +0.0496% | 1h | 4.3761 | −0.280% | $3.9M | $19.7M | 25x | |
| Nado NEAR-PERP | +0.0569% | 1h | 4.3807 | −0.175% | $1.9M | $3.1M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0572% | 1h | 4.3833 | −0.116% | $2.0M | $7.3M | 25x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.3900 | +0.036% | $217K | $1.7M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0593% | 1h | 4.3831 | −0.120% | $7.9M | $39.8M | 50x | as long as short |
| Lighter RH NEARlong | +0.0688% | 1h | 4.3884 | long leg | $1.5M | $7.2M | 10x | |
| Phoenix NEAR | +0.0794% | 1h | 4.4000 | +0.264% | $1.8M | $2.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.3877 | −0.016% | $589K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.1016% | 1h | 4.3904 | +0.045% | $17.7M | $26.5M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1616% | 1h | 4.3952 | +0.156% | $5K | $12K | 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
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
SoDEX NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD