Settings8H · net · $10k
Funding arb · Price arb /

NEAR

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NEAR4.42740.0920pay 0.0115% / 1h25m 43s$1.5M$6.7M10x
ShortGate NEAR_USDT4.41990.0100get 0.0100% / 8h1h 25m$35.4M$61.6M75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 3 min ago1.71 bp2.7 bp −$38.6 bp −$86doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.99 bp19.7 bp −$2024.8 bp −$24848.8 bp −$4,87665.8 bp −$32.9K

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.4187−0.198%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4161−0.255%$109K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4186−0.199%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.469%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4180−0.212%$112K$491K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4230−0.099%$224.2M$433.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4250−0.054%$62.6M$297.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4350+0.172%$253K−$010xas long as short
Gate NEAR_USDTshort+0.0100%8h4.4199−0.169%$35.4M$61.6M75x
KuCoin NEARUSDTM+0.0100%8h4.4230−0.099%$53.6M$46.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4129−0.328%$72.5M$127.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.4187−0.196%$8.8M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4018−0.578%$257K$914K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4010−0.596%$166K$805K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4212−0.140%$293K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4220−0.122%$59K$236K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4250−0.054%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4370+0.217%$465K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4240−0.077%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0105%8h4.4160−0.257%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0113%8h4.4260−0.032%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4235−0.088%$206K$38K3xas long as short
Extended NEAR-USD+0.0184%1h4.4209−0.146%$3.7M$18.4M25xas long as short
SoDEX NEAR-USD+0.0190%1h4.4205−0.156%$5K$52K10xas long as short
BingX NEAR-USDC+0.0193%8h4.4200−0.167%$6.7Mas long as short
MEXC NEAR_USDT+0.0201%8h4.4270−0.009%$80.5M$148.8M200xas long as short
Binance NEARUSDT+0.0205%8h4.4222−0.118%$269.8M$1.08B75xas long as short
Kalshi KXNEARPERP+0.0254%8h4.4212−0.140%$1.0M$25.0M2.2xas long as short
Aster NEARUSDT+0.0304%8h4.4176−0.221%$2.8M$5.0M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0198%1h4.3978−0.668%$234K100xas long as short
BloFin NEAR-USDT+0.0321%8h4.4060−0.483%$13.7M$32.5M75xas long as short
Backpack NEAR_USDC_PERP+0.0412%1h4.4276+0.005%$1.4M$6.8M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4267−0.016%$2.3M$16.8M50xas long as short
01 Exchange NEARUSD+0.0440%1h4.4213−0.138%$13K$7K10xas long as short
Hyperliquid NEAR+0.0463%1h4.4192−0.185%$360.6M$315.1M10xas long as short
Nado NEAR-PERP+0.0596%1h4.4173−0.228%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0660%1h4.4194−0.182%$7.3M$38.3M50xas long as short
Lighter NEAR+0.0832%1h4.4267−0.016%$17.4M$25.2M15xas long as short
Arcus NEAR-USD+0.0880%1h4.4200−0.167%$224K$1.6M10xas long as short
Lighter RH NEARlong+0.0920%1h4.4274long leg$1.5M$6.7M10x
Phoenix NEAR+0.1003%1h4.4297+0.052%$1.8M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1085%1h4.4247−0.061%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.1187%1h4.4204−0.158%$422K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1253%1h4.4200−0.166%$5K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4229−0.102%$665K$1.4M10xas long as short