Funding you earn now, next payment 04:00 UTC−0.0596%/8h= −65.3% APRpaid last 24h −0.051%
Price spread now: OKX against Lighter RH−0.255%7-day average −0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days−0.435%−$43 on $10k
+Price spread, last 7 days+0.186%+$19 · spread now −0.255%, 7d avg −0.162%
=Together, before fees−0.249%+ Points / potential airdropLighter RH: Points live · farm board−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and OKX is 0.093% 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 −0.162%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.3912 | 0.0696 | pay 0.0087% / 1h | 10m 35s | $1.5M | $7.2M | 10x |
| Short | OKX NEAR-USDT-SWAP | 4.3800 | 0.0100 | get 0.0100% / 8h | 4h 10m | $62.6M | $296.0M | 50x |
Lighter RH NEAR
OKX NEAR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$125.16
- Price spread: −0.255% → −0.162%
- −$9.34
- Slippage, 4 orders
- −$17.72
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$162.22
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 3 min ago; OKX: 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 | 2.82 bp | 6.3 bp −$6 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.13 bp | 9.3 bp −$9 | 18.6 bp −$186 | 42.6 bp −$4,257 | 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 | 4.4040 | +0.292% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.3987 | +0.171% | $2.2M | $15.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3833 | −0.181% | $108K | $69K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4028 | +0.264% | $618K | $22.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4051 | +0.317% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.698% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3820 | −0.210% | $112K | $517K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3872 | −0.091% | $417K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3850 | −0.142% | $270.2M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3800 | −0.255% | $220.6M | $424.1M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) 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-SWAPshort | +0.0100% | 8h | 4.3800 | −0.255% | $62.6M | $296.0M | 50x | |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4054 | +0.324% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3827 | −0.194% | $31.9M | $64.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3890 | −0.050% | $74.6M | $150.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3870 | −0.096% | $54.6M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3830 | −0.187% | $72.0M | $130.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3840 | −0.164% | — | $147.3M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4067 | +0.353% | $8.5M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4159 | +0.563% | $265K | $980K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4070 | +0.360% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4090 | +0.405% | $170K | $801K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4109 | +0.449% | $244K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4006 | +0.214% | $56K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4050 | +0.314% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4110 | +0.451% | $457K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4000 | +0.200% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3826 | −0.196% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4020 | +0.246% | $205K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0180% | 1h | 4.3945 | +0.075% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3970 | +0.132% | $13.8M | $32.6M | 75x | as long as short |
| Aster NEARUSDT | +0.0309% | 8h | 4.3888 | −0.054% | $2.9M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0321% / S −0.0190% | 1h | 4.4057 | +0.331% | $234K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0337% | 1h | 4.4001 | +0.203% | $1.3M | $6.4M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0352% | 1h | 4.3874 | −0.087% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0386% | 1h | 4.3923 | +0.026% | $362.3M | $325.0M | 10x | as long as short |
| Extended NEAR-USD | +0.0448% | 1h | 4.3823 | −0.203% | $3.9M | $19.7M | 25x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0501% | 1h | 4.3997 | +0.194% | $2.0M | $7.3M | 25x | as long as short |
| Nado NEAR-PERP | +0.0565% | 1h | 4.3808 | −0.236% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.3880 | −0.073% | $217K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0591% | 1h | 4.3954 | +0.095% | $8.0M | $39.6M | 50x | as long as short |
| Lighter RH NEARlong | +0.0696% | 1h | 4.3912 | long leg | $1.5M | $7.2M | 10x | |
| Phoenix NEAR | +0.0794% | 1h | 4.4173 | +0.594% | $1.8M | $2.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.3869 | −0.097% | $589K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0976% | 1h | 4.3943 | +0.070% | $17.7M | $26.5M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1585% | 1h | 4.4135 | +0.507% | $5K | $12K | 10x | as long as short |
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
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
Extended NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Nado NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD