Funding you earn now, next payment 02:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h +0.101%
Price spread now: RISEx against Lighter RH−0.030%7-day average −0.099% · 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−$10as in the Price arb table
costs, in and out, $10k−$160.164% of the position
Funding, last 3 days (all we have)+0.067%+$7 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.030%, 7d avg −0.099%
=Together, before fees+0.090%+ Points / potential airdropLighter RH: Points live · farm board+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 0.069% dearer against Lighter RH than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.099%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 3 days funding on this pair paid +0.067%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.3211 | 0.0528 | pay 0.0066% / 1h | 59m 15s | $1.6M | $6.9M | 10x |
| Short | RISEx NEAR/USDC | 4.3198 | 0.0509 | get 0.0064% / 1h | 59m 15s | $414K | $1.2M | 10x |
Lighter RH NEAR
RISEx NEAR/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$4.05
- Price spread: −0.030% → −0.099%
- $6.89
- Slippage, 4 orders
- −$10.45
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$13.61
- Costs to cover
- 0.164%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; RISEx: live order book, 4 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, 4 min ago | 2.31 bp | 2.4 bp −$2 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 2.89 bp | 5.9 bp −$6 | 18.8 bp −$188 | 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 | 4.3175 | −0.084% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3214 | +0.007% | $2.2M | $13.3M | 50x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2961 | −0.579% | $379K | $18.8M | 2.2x | as long as short |
| dYdX NEAR-USD | +0.0003% | 1h | 4.3096 | −0.265% | $112K | $64K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3209 | −0.005% | $157K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0016% | 8h | 4.2957 | −0.587% | $8.2M | $18.8M | — | as long as short |
| Phemex NEARUSDT | +0.0025% | 8h | 4.3250 | +0.090% | $3.8M | $8.4M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.168% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3190 | −0.049% | $115K | $474K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.3271 | +0.139% | $57K | $162K | 20x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Phemex NEARUSDT
Injective NEAR/USDC PERP
Popdex NEARUSDT
Orderly PERP_NEAR_USDCShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NEARUSDT | +0.0100% | 8h | 4.3168 | −0.099% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3174 | −0.086% | $406K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3234 | +0.053% | $258.2M | $1.05B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3245 | +0.079% | $220.3M | $416.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3240 | +0.067% | $60.9M | $277.6M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3170 | −0.095% | $205K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3243 | +0.073% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3199 | −0.028% | $31.0M | $59.6M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3200 | −0.025% | $74.9M | $135.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3200 | −0.025% | $55.7M | $42.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3226 | +0.035% | $71.5M | $122.7M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3220 | +0.021% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3202 | −0.021% | $257K | $1.1M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2940 | −0.627% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3200 | −0.025% | $177K | $777K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3206 | −0.012% | $209K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3290 | +0.183% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3225 | +0.032% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3260 | +0.113% | $451K | $3.7M | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3113 | −0.228% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3198 | −0.031% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3228 | +0.040% | $201K | $31K | 3x | as long as short |
| 01 Exchange NEARUSD | +0.0192% | 1h | 4.3209 | −0.005% | $13K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0219% | 1h | 4.3277 | +0.153% | $7.9M | $37.9M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2890 | −0.743% | $13.1M | $27.5M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0308% | 1h | 4.3210 | −0.003% | $276K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0420% | 1h | 4.3180 | −0.072% | $1.9M | $3.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0493% | 1h | 4.3128 | −0.192% | $1.3M | $5.9M | 20x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3191 | −0.046% | $1.8M | $2.5M | 10x | as long as short |
| RISEx NEAR/USDCshort | +0.0509% | 1h | 4.3198 | −0.030% | $414K | $1.2M | 10x | |
| Lighter RH NEARlong | +0.0528% | 1h | 4.3211 | long leg | $1.6M | $6.9M | 10x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0768% | 1h | 4.3271 | +0.139% | $1.9M | $3.9M | 25x | as long as short |
| Hyperliquid NEAR | +0.1113% | 1h | 4.3255 | +0.102% | $366.4M | $302.2M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1466% | 1h | 4.3204 | −0.015% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1784% | 1h | 4.3267 | +0.130% | $17.3M | $24.3M | 15x | as long as short |
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
01 Exchange NEARUSD
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
Aftermath Perps NEARUSD
Lighter NEAR