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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0488%/8h= +53.4% APRnext payment +$0.61 per $10,000 · paid last 24h +0.040%
Price spread now: Lighter RH against 01 Exchange+0.089%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 4 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 +$15 a day on $10k at the current rate, and Lighter RH is 0.089% dearer against 01 Exchange than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange NEARUSD4.51570.0160pay 0.0020% / 1h14m 54s$13K$5K10x
ShortLighter RH NEAR4.51970.0648get 0.0081% / 1h14m 54s$1.6M$6.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against 01 Exchange. 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
$102.48
Price spread: +0.089% → 0.000%
$8.86
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$104.34
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Lighter RH: live order book, 2 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 01 Exchange no order-book sample
Sell Lighter RH live order book, 2 min ago1.89 bp3.3 bp −$38.8 bp −$88doesn't fitdoesn't fit
01 Exchange: 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 exchanges

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%1h4.5136−0.048%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0140%1h4.5123−0.076%$7.4M$37.9M50xas long as short
dYdX NEAR-USD0.0000%1h4.5048−0.242%$110K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5087−0.154%$169K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.298%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5150−0.016%$124K$522K50xas long as short
Aster NEARUSDT+0.0100%8h4.5119−0.085%$2.7M$4.8M50xas long as short
Binance NEARUSDT+0.0100%8h4.5130−0.060%$274.3M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5110−0.104%$234.3M$433.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.5090−0.148%$64.6M$310.6M50xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.5110−0.104%$232K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5102−0.122%$269K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5104−0.117%$39.9M$63.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5150−0.016%$78.4M$172.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5140−0.038%$53.5M$45.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5069−0.195%$74.7M$130.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.5120−0.082%$78.4Mas long as short
Variational Omni NEAR+0.0100%8h4.5025−0.292%$9.0M$17.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.5132−0.055%$267K$870K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5070−0.193%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5120−0.082%$168K$827K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5168+0.024%$283K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5170+0.029%$59K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5150−0.016%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5145−0.027%$5K$40K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5130−0.060%$469K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.5140−0.038%$3.4M$8.0M50xas long as short
Paradex NEAR-USD-PERP+0.0103%8h4.5044−0.250%$33K$5110xas long as short
Extended NEAR-USD+0.0104%1h4.5111−0.102%$3.8M$15.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5146−0.025%$210K$38K3xas long as short
Kalshi KXNEARPERP+0.0107%8h4.5135−0.049%$815K$26.3M2.2xas long as short
01 Exchange NEARUSDlong+0.0160%1h4.5157long leg$13K$5K10x
BloFin NEAR-USDT+0.0220%8h4.5150−0.016%$13.0M$33.0M75xas long as short
Hyperliquid NEAR+0.0294%1h4.5132−0.055%$364.2M$324.2M10xas long as short
Lighter NEAR+0.0304%1h4.5158+0.002%$17.6M$23.8M15xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0342% / S −0.0235%1h4.5004−0.338%$260K100xas long as short
Nado NEAR-PERP+0.0422%1h4.5115−0.093%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0520%1h4.5171+0.031%$2.3M$17.8M50xas long as short
RISEx NEAR/USDC+0.0569%1h4.5105−0.116%$643K$1.6M10xas long as short
Lighter RH NEARshort+0.0648%1h4.5197+0.089%$1.6M$6.1M10x
Backpack NEAR_USDC_PERP+0.0714%1h4.5192+0.078%$1.1M$7.0M20xas long as short
Phoenix NEAR+0.0851%1h4.5254+0.215%$1.7M$2.5M10xas long as short
Pacifica NEAR+0.0883%1h4.5086−0.157%$418K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0946%1h4.5197+0.089%$1.9M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1177%1h4.5178+0.045%$6K$7K10xas long as short