Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0396%/8h= +43.4% APRnext payment +$0.50 per $10,000 · paid last 24h +0.072%
Price spread now: Lighter RH against SoDEX+0.186%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Lighter RH is 0.186% dearer against SoDEX than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.34330.0100pay 0.0013% / 1h3m 53s$5K$50K10x
ShortLighter RH NEAR4.35140.0496get 0.0062% / 1h3m 53s$1.5M$6.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against SoDEX. 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

Funding earned
$83.16
Price spread: +0.186% → 0.000%
$18.65
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$93.81
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Lighter RH: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Lighter RH live order book, 5 min ago3.42 bp3.6 bp −$48.6 bp −$86doesn't fitdoesn't fit
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3470+0.086%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3586+0.352%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3400−0.075%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3440+0.015%$7.2M$38.6M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.658%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3590+0.361%$114K$499K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3462+0.067%$219.1M$430.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3470+0.085%$61.4M$295.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3750+0.730%$249K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3467+0.078%$35.8M$63.2M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3490+0.131%$52.7M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3477+0.101%$71.9M$127.9M75xas long as short
Variational Omni NEAR+0.0100%8h4.3549+0.267%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3722+0.666%$253K$896K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3681+0.572%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3680+0.569%$167K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3566+0.306%$274K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3448+0.035%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3650+0.500%$1K$1.3M20xas long as short
SoDEX NEAR-USDlong+0.0100%1h4.3433long leg$5K$50K10x
Phemex NEARUSDT+0.0100%8h4.3450+0.039%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3651+0.501%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3468+0.080%$3.6M$16.4M25xas long as short
Aster NEARUSDT+0.0108%8h4.3482+0.113%$2.7M$4.8M50xas long as short
Aevo NEAR-PERP+0.0120%1h4.3461+0.064%$202K$38K3xas long as short
Hyperliquid NEAR+0.0132%1h4.3508+0.173%$350.6M$316.2M10xas long as short
MEXC NEAR_USDT+0.0146%8h4.3480+0.108%$88.8M$154.6M200xas long as short
Binance NEARUSDT+0.0146%8h4.3480+0.108%$262.7M$1.09B75xas long as short
HTX NEAR-USDT+0.0158%8h4.3500+0.154%$463K$3.8M75xas long as short
BingX NEAR-USDC+0.0162%8h4.3470+0.085%$6.7Mas long as short
Kalshi KXNEARPERP+0.0169%8h4.3475+0.097%$942K$25.1M2.2xas long as short
01 Exchange NEARUSD+0.0232%1h4.3639+0.474%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0266%8h4.3670+0.546%$13.4M$32.2M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0342% / S −0.0242%1h4.3462+0.068%$253K100xas long as short
Nado NEAR-PERP+0.0365%1h4.3534+0.232%$1.6M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0471%1h4.3506+0.168%$1.1M$7.2M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3494+0.140%$2.3M$16.9M50xas long as short
Lighter RH NEARshort+0.0496%1h4.3514+0.186%$1.5M$6.8M10x
Deribit NEAR_USDC-PERPETUAL+0.0510%1h4.3469+0.083%$1.9M$13.1M25xas long as short
Lighter NEAR+0.0560%1h4.3527+0.217%$17.1M$25.4M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3620+0.431%$228K$1.5M10xas long as short
Pacifica NEAR+0.0949%1h4.3643+0.484%$411K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3865+0.995%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3615+0.418%$605K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1115%1h4.3615+0.418%$5K$7K10xas long as short