Funding you earn now, next payment 01:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.032%
Price spread now: Lighter RH against OKX+0.294%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs+$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days+0.414%+$41 on $10k
+Price spread, last 7 days−0.234%−$23 · spread now +0.294%, 7d avg +0.159%
=Together, before fees+0.180%+ Points / potential airdropLighter RH: Points live · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter RH is 0.136% dearer against OKX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.159%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NEAR-USDT-SWAP | 4.2790 | 0.0100 | pay 0.0100% / 8h | 7h 45m | $60.9M | $278.4M | 50x |
| Short | Lighter RH NEAR | 4.2916 | 0.0288 | get 0.0036% / 1h | 45m 22s | $1.6M | $6.9M | 10x |
OKX NEAR-USDT-SWAP
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against OKX. 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
- $39.48
- Price spread: +0.294% → +0.159%
- $13.58
- Slippage, 4 orders
- −$18.03
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $25.03
- Costs to cover
- 0.280%
- Break-even
- 2.6 days
Slippage from OKX: 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 OKX live order book, 4 min ago | 1.16 bp | 8.1 bp −$8 | 14.0 bp −$140 | 35.5 bp −$3,548 | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.98 bp | 3.2 bp −$3 | 9.4 bp −$94 | 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 | 4.2843 | +0.124% | $2K | — | 20x | as long as short |
| Bybit NEARUSDT | −0.0147% | 8h | 4.2809 | +0.044% | $218.4M | $418.8M | 75x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.2862 | +0.169% | $7.5M | $37.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2909 | +0.278% | $2.2M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2866 | +0.178% | $111K | $64K | 10x | as long as short |
| 01 Exchange NEARUSD | 0.0000% | 1h | 4.2896 | +0.248% | $13K | $7K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2913 | +0.287% | $377K | $18.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2846 | +0.131% | $203K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0008% | 8h | 4.2958 | +0.393% | $8.0M | $18.7M | — | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.225% | $578 | $302K | 12x | as long as short |
Reya NEARRUSDPERP
Bybit NEARUSDT
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
01 Exchange NEARUSD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Injective NEAR/USDC PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0056% | 8h | 4.2828 | +0.089% | $30.8M | $58.7M | 75x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2900 | +0.257% | $112K | $478K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.2841 | +0.119% | $57K | $193K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2869 | +0.184% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2923 | +0.310% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2893 | +0.242% | $402K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2831 | +0.097% | $254.5M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAPlong | +0.0100% | 8h | 4.2790 | long leg | $60.9M | $278.4M | 50x | |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2910 | +0.280% | $197K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3050 | +0.608% | $245K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2870 | +0.187% | $79.5M | $138.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2890 | +0.234% | $56.1M | $43.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2809 | +0.044% | $71.0M | $124.8M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2830 | +0.093% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3101 | +0.727% | $277K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3108 | +0.743% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2900 | +0.257% | $179K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2892 | +0.238% | $193K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2880 | +0.210% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2830 | +0.093% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3100 | +0.724% | $458K | $3.6M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2970 | +0.421% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2801 | +0.026% | $3.9M | $16.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2825 | +0.082% | $199K | $28K | 3x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0217% | 1h | 4.2860 | +0.164% | $1.9M | $3.0M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2970 | +0.421% | $13.1M | $29.1M | 75x | as long as short |
| Hyperliquid NEAR | +0.0257% | 1h | 4.2921 | +0.306% | $365.5M | $300.5M | 10x | as long as short |
| Lighter RH NEARshort | +0.0288% | 1h | 4.2916 | +0.294% | $1.6M | $6.9M | 10x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0314% | 1h | 4.2851 | +0.144% | $275K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2914 | +0.290% | $408K | $1.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0466% | 1h | 4.2873 | +0.195% | $1.9M | $3.3M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0468% | 1h | 4.2967 | +0.414% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3171 | +0.890% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1278% | 1h | 4.2969 | +0.419% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.2176% | 1h | 4.2998 | +0.485% | $17.2M | $23.9M | 15x | as long as short |
Gate NEAR_USDT
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Arcus NEAR-USD
Bulk NEAR-USD
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
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
BloFin NEAR-USDT
Hyperliquid NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR