Funding you earn now, next payment 06:00 UTC−0.1267%/8h= −138.7% APRnext payment −$1.58 per $10,000 · paid last 24h −0.146%
Price spread now: Reya against Lighter RH−0.117%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Reya is 0.117% cheaper against Lighter RH than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.3810 | 0.1096 | pay 0.0137% / 1h | 7m 56s | $1.5M | $7.4M | 10x |
| Short | Reya NEARRUSDPERP | 4.3759 | −0.0171 | pay 0.0021% / 1h | 7m 56s | $2K | — | 20x |
Lighter RH NEAR
Reya NEARRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$266.04
- Price spread: −0.117% → 0.000%
- −$11.72
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$283.76
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 6 min ago; Reya: no order-book sample. Net counts fees only.
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 | 2.52 bp | 3.7 bp −$4 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 NEARRUSDPERPshort | −0.0171% | 1h | 4.3759 | −0.117% | $2K | — | 20x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3751 | −0.135% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3738 | −0.164% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.478% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3810 | 0.000% | $116K | $497K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3780 | −0.068% | $218.9M | $420.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3800 | −0.023% | $61.8M | $291.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3500 | −0.708% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3728 | −0.187% | $33.2M | $61.0M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3770 | −0.091% | $52.8M | $45.9M | 75x | as long as short |
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.3796 | −0.032% | $71.9M | $126.4M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3607 | −0.463% | $8.8M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3652 | −0.361% | $255K | $963K | 20x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3820 | +0.023% | $281K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3786 | −0.055% | $57K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3850 | +0.091% | $1K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3900 | +0.205% | $473K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3720 | −0.205% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3756 | −0.123% | $32K | $608 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0102% | 8h | 4.3673 | −0.312% | $1.4M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3793 | −0.040% | $204K | $37K | 3x | as long as short |
| BingX NEAR-USDC | +0.0116% | 8h | 4.3870 | +0.137% | — | $6.6M | — | as long as short |
| MEXC NEAR_USDT | +0.0129% | 8h | 4.3850 | +0.091% | $83.4M | $146.2M | 200x | as long as short |
| Binance NEARUSDT | +0.0133% | 8h | 4.3883 | +0.167% | $267.0M | $1.09B | 75x | as long as short |
| BloFin NEAR-USDT | +0.0250% | 8h | 4.3850 | +0.091% | $13.3M | $32.3M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3867 | +0.130% | $2.3M | $16.2M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0313% / S −0.0201% | 1h | 4.3735 | −0.171% | $235K | — | 100x | as long as short |
| Kalshi KXNEARPERP | +0.0317% | 8h | 4.3779 | −0.071% | $1.0M | $24.6M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0338% | 8h | 4.3770 | −0.091% | $2.8M | $5.2M | 50x | as long as short |
| Nado NEAR-PERP | +0.0404% | 1h | 4.3805 | −0.011% | $1.7M | $3.2M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0417% | 1h | 4.3640 | −0.388% | $167K | $796K | 50x | as long as short |
| Extended NEAR-USD | +0.0472% | 1h | 4.3788 | −0.051% | $3.7M | $19.3M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0514% | 1h | 4.3745 | −0.148% | $5K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0667% | 1h | 4.3792 | −0.041% | $360.1M | $310.6M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0688% | 1h | 4.3776 | −0.078% | $1.3M | $6.6M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0720% | 1h | 4.3856 | +0.105% | $13K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0723% | 1h | 4.3739 | −0.163% | $7.3M | $39.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3850 | +0.091% | $227K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0825% | 1h | 4.3787 | −0.052% | $2.0M | $11.9M | 25x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.3790 | −0.045% | $401K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0912% | 1h | 4.3808 | −0.004% | $17.2M | $25.2M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3931 | +0.276% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEARlong | +0.1096% | 1h | 4.3810 | long leg | $1.5M | $7.4M | 10x | |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3838 | +0.063% | $686K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1287% | 1h | 4.3636 | −0.397% | $5K | $12K | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
BingX NEAR-USDC
MEXC NEAR_USDT
Binance NEARUSDT
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Kalshi KXNEARPERP
Aster NEARUSDT
Nado NEAR-PERP
ApeX Omni NEARUSDT
Extended NEAR-USD
SoDEX NEAR-USD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD