Funding you earn now, next payment 07:00 UTC−0.0820%/8h= −89.8% APRpaid last 24h −0.072%
Price spread now: Gate against Lighter RH−0.169%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days−0.485%−$48 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.169%, 7d avg −0.146%
=Together, before fees−0.471%+ Points / potential airdropLighter RH: Points live · farm board−$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Gate is 0.023% cheaper against Lighter RH than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.146%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.485% in total (about -25.3% a year). A funding rate is set anew for every payment. 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 | 4.4274 | 0.0920 | pay 0.0115% / 1h | 25m 43s | $1.5M | $6.7M | 10x |
| Short | Gate NEAR_USDT | 4.4199 | 0.0100 | get 0.0100% / 8h | 1h 25m | $35.4M | $61.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$172.2
- Price spread: −0.169% → −0.146%
- −$2.3
- Slippage, 4 orders
- −$29.06
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$218.57
- Costs to cover
- 0.441%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 3 min ago; Gate: 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 | 2.7 bp −$3 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.99 bp | 19.7 bp −$20 | 24.8 bp −$248 | 48.8 bp −$4,876 | 65.8 bp −$32.9K |
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 | 4.4187 | −0.198% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4161 | −0.255% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4186 | −0.199% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.469% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4180 | −0.212% | $112K | $491K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4230 | −0.099% | $224.2M | $433.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4250 | −0.054% | $62.6M | $297.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4350 | +0.172% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDTshort | +0.0100% | 8h | 4.4199 | −0.169% | $35.4M | $61.6M | 75x | |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4230 | −0.099% | $53.6M | $46.1M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4129 | −0.328% | $72.5M | $127.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4187 | −0.196% | $8.8M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4018 | −0.578% | $257K | $914K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4010 | −0.596% | $166K | $805K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4212 | −0.140% | $293K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4220 | −0.122% | $59K | $236K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4250 | −0.054% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4370 | +0.217% | $465K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4240 | −0.077% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0105% | 8h | 4.4160 | −0.257% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0113% | 8h | 4.4260 | −0.032% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4235 | −0.088% | $206K | $38K | 3x | as long as short |
| Extended NEAR-USD | +0.0184% | 1h | 4.4209 | −0.146% | $3.7M | $18.4M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0190% | 1h | 4.4205 | −0.156% | $5K | $52K | 10x | as long as short |
| BingX NEAR-USDC | +0.0193% | 8h | 4.4200 | −0.167% | — | $6.7M | — | as long as short |
| MEXC NEAR_USDT | +0.0201% | 8h | 4.4270 | −0.009% | $80.5M | $148.8M | 200x | as long as short |
| Binance NEARUSDT | +0.0205% | 8h | 4.4222 | −0.118% | $269.8M | $1.08B | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0254% | 8h | 4.4212 | −0.140% | $1.0M | $25.0M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0304% | 8h | 4.4176 | −0.221% | $2.8M | $5.0M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0198% | 1h | 4.3978 | −0.668% | $234K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0321% | 8h | 4.4060 | −0.483% | $13.7M | $32.5M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0412% | 1h | 4.4276 | +0.005% | $1.4M | $6.8M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4267 | −0.016% | $2.3M | $16.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0440% | 1h | 4.4213 | −0.138% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0463% | 1h | 4.4192 | −0.185% | $360.6M | $315.1M | 10x | as long as short |
| Nado NEAR-PERP | +0.0596% | 1h | 4.4173 | −0.228% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0660% | 1h | 4.4194 | −0.182% | $7.3M | $38.3M | 50x | as long as short |
| Lighter NEAR | +0.0832% | 1h | 4.4267 | −0.016% | $17.4M | $25.2M | 15x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4200 | −0.167% | $224K | $1.6M | 10x | as long as short |
| Lighter RH NEARlong | +0.0920% | 1h | 4.4274 | long leg | $1.5M | $6.7M | 10x | |
| Phoenix NEAR | +0.1003% | 1h | 4.4297 | +0.052% | $1.8M | $2.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1085% | 1h | 4.4247 | −0.061% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4204 | −0.158% | $422K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1253% | 1h | 4.4200 | −0.166% | $5K | $12K | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4229 | −0.102% | $665K | $1.4M | 10x | as long as short |
Lighter RH NEAR
Gate NEAR_USDT
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Extended NEAR-USD
SoDEX NEAR-USD
BingX NEAR-USDC
MEXC NEAR_USDT
Binance NEARUSDT
Kalshi KXNEARPERP
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Hyperliquid NEAR
Kraken Futures PF_NEARUSD
Lighter NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Aftermath Perps NEARUSD
RISEx NEAR/USDC