NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0398%/8h= +43.6% APRnext payment +$0.50 per $10,000 · paid last 24h −0.040%

Price spread now: Lighter RH against Nado+0.398%7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs+$5as in the Price arb table

costs, in and out, $10k−$250.249% of the position

Long on Nado Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.218%+$22 on $10k

Price spread, last 7 days−0.402%−$40 · spread now +0.398%, 7d avg +0.095%

Together, before fees−0.183%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Lighter RH is 0.303% dearer against Nado than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.095%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado NEAR-PERP	4.3730	0.0378	pay 0.0047% / 1h	50m 23s	$1.9M	$3.0M	10x
Short	Lighter RH NEAR	4.3904	0.0776	get 0.0097% / 1h	50m 23s	$1.6M	$6.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee Lighter RHbpOrdersPrice spread, now +0.398%Rate

Funding earned: $83.58
Price spread: +0.398% → +0.095%: $30.28
Slippage, 4 orders: −$17.86
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $89
Costs to cover: 0.249%
Break-even: from the start

Slippage from Nado: live order book, 4 min ago; Lighter RH: 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 Nado live order book, 4 min ago	1.71 bp	9.7 bp −$10	19.4 bp −$194	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.82 bp	3.8 bp −$4	11.3 bp −$113	doesn't fit	doesn't fit

NEAR on 44 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	4.3678	−0.120%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.3651	−0.181%	$2.2M	$14.2M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3816	+0.197%	$108K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3889	+0.364%	$550K	$19.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3659	−0.163%	$198K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.305%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3780	+0.114%	$115K	$484K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3876	+0.333%	$414K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3692	−0.086%	$265.3M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3676	−0.123%	$220.8M	$416.7M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3650	−0.183%	$62.3M	$288.3M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3657	−0.167%	$249K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3655	−0.172%	$31.4M	$61.7M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3680	−0.114%	$75.4M	$139.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3730	0.000%	$54.6M	$44.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3668	−0.142%	$71.7M	$126.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3670	−0.137%	—	$144.2M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3926	+0.449%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3800	+0.161%	$268K	$994K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3770	+0.091%	$1.4M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3790	+0.137%	$195K	$778K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3788	+0.133%	$205K	$3.6M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3685	−0.103%	$60K	$190K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3700	−0.069%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3675	−0.126%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3800	+0.160%	$458K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3690	−0.091%	$3.8M	$8.1M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3858	+0.293%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3659	−0.162%	$3.8M	$18.5M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3691	−0.089%	$203K	$34K	3x	as long as short
Aster NEARUSDT	+0.0202%	8h	4.3829	+0.227%	$3.0M	$5.5M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0231%	1h	4.3689	−0.094%	$1.9M	$4.3M	25x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0349% / S −0.0244%	1h	4.3643	−0.198%	$257K	—	100x	as long as short
Nado NEAR-PERPlong	+0.0378%	1h	4.3730	long leg	$1.9M	$3.0M	10x
01 Exchange NEARUSD	+0.0408%	1h	4.3787	+0.130%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.3850	+0.274%	$209K	$1.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0695%	1h	4.3922	+0.439%	$1.4M	$6.4M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0705%	1h	4.3690	−0.091%	$8.1M	$41.0M	50x	as long as short
Lighter RH NEARshort	+0.0776%	1h	4.3904	+0.398%	$1.6M	$6.9M	10x
Hyperliquid NEAR	+0.0786%	1h	4.3764	+0.078%	$368.8M	$304.3M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.3944	+0.489%	$1.8M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.3824	+0.214%	$552K	$1.3M	10x	as long as short
Lighter NEAR	+0.1080%	1h	4.3949	+0.502%	$17.6M	$25.6M	15x	as long as short
Aftermath Perps NEARUSD	+0.1702%	1h	4.3779	+0.112%	$6K	$12K	10x	as long as short