Funding you earn now, next payment 05:00 UTC−0.0816%/8h= −89.4% APRnext payment −$1.02 per $10,000 · paid last 24h −0.058%
Price spread now: Popdex against Lighter RH−0.088%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 4 days (all we have)−0.346%−$35 on $10k
+Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.088%, 7d avg −0.126%
=Together, before fees−0.154%+ Points / potential airdropLighter RH: Points live · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Popdex is 0.038% dearer against Lighter RH than usual: you sell high and buy low (spread −0.088% now, against its 7-day average of −0.126%): +$4 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 4 days (−0.346% in total) that is about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.3008 | 0.0912 | pay 0.0114% / 1h | 3m 09s | $1.5M | $7.4M | 10x |
| Short | Popdex NEARUSDT | 4.2970 | 0.0096 | get 0.0012% / 1h | 3m 09s | $111K | $501K | 50x |
Lighter RH NEAR
Popdex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$171.36
- Price spread: −0.088% → −0.126%
- $3.77
- Slippage, 4 orders
- −$46.87
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$220.87
- Costs to cover
- 0.533%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 6 min ago; Popdex: live order book, 51 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, 6 min ago | 3.24 bp | 5.5 bp −$6 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 51 min ago | 14.94 bp | 23.2 bp −$23 | 57.1 bp −$571 | 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 | 4.2969 | −0.091% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2873 | −0.315% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2940 | −0.158% | $161K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.716% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.2973 | −0.081% | $2.3M | $15.7M | 50x | as long as short |
| Popdex NEARUSDTshort | +0.0096% | 1h | 4.2970 | −0.088% | $111K | $501K | 50x | |
| Binance NEARUSDT | +0.0100% | 8h | 4.2970 | −0.088% | $262.0M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2930 | −0.181% | $212.5M | $426.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2950 | −0.135% | $60.8M | $285.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3449 | +1.025% | $248K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.2932 | −0.177% | $31.9M | $62.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2970 | −0.088% | $73.2M | $147.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2990 | −0.042% | $53.4M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2939 | −0.160% | $71.0M | $127.4M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2960 | −0.112% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2987 | −0.048% | $8.1M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2977 | −0.073% | $251K | $949K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2967 | −0.094% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3190 | +0.423% | $166K | $794K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3000 | −0.019% | $268K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2977 | −0.072% | $57K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3010 | +0.005% | $1K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3060 | +0.121% | $461K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3010 | +0.005% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2905 | −0.240% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2994 | −0.032% | $200K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2980 | −0.065% | $13.4M | $31.7M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0250% | 8h | 4.2964 | −0.102% | $777K | $23.9M | 2.2x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.2925 | −0.192% | $396K | $1.3M | 10x | as long as short |
| SoDEX NEAR-USD | +0.0321% | 1h | 4.2955 | −0.123% | $6K | $53K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0322% / S −0.0198% | 1h | 4.2936 | −0.168% | $232K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0331% | 8h | 4.2983 | −0.057% | $2.8M | $5.5M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0528% | 1h | 4.2999 | −0.021% | $13K | $7K | 10x | as long as short |
| Extended NEAR-USD | +0.0544% | 1h | 4.2952 | −0.129% | $3.7M | $19.8M | 25x | as long as short |
| Hyperliquid NEAR | +0.0561% | 1h | 4.2980 | −0.065% | $351.8M | $313.1M | 10x | as long as short |
| Nado NEAR-PERP | +0.0564% | 1h | 4.2950 | −0.135% | $1.8M | $3.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0564% | 1h | 4.2977 | −0.072% | $1.3M | $6.8M | 20x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.2990 | −0.042% | $211K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0717% | 1h | 4.2957 | −0.119% | $7.5M | $38.9M | 50x | as long as short |
| Lighter RH NEARlong | +0.0912% | 1h | 4.3008 | long leg | $1.5M | $7.4M | 10x | |
| Phoenix NEAR | +0.0941% | 1h | 4.3300 | +0.679% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.1040% | 1h | 4.3027 | +0.045% | $17.4M | $25.1M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.2990 | −0.041% | $672K | $1.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1310% | 1h | 4.3010 | +0.005% | $1.9M | $10.0M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1536% | 1h | 4.3090 | +0.192% | $5K | $12K | 10x | as long as short |
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
BloFin NEAR-USDT
Kalshi KXNEARPERP
Pacifica NEAR
SoDEX NEAR-USD
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
01 Exchange NEARUSD
Extended NEAR-USD
Hyperliquid NEAR
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD