NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0122%/8h= +13.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.091%

Price spread now: Lighter against Aftermath Perps−0.405%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Lighter

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.405% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.405% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$40 on $10k: about 11 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps NEARUSD	4.4124	0.1638	pay 0.0205% / 1h	15m 20s	$6K	$12K	10x
Short	Lighter NEAR	4.3945	0.1760	get 0.0220% / 1h	15m 20s	$17.6M	$25.7M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aftermath Perps. 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 Aftermath PerpsbpFee LighterbpOrdersPrice spread, now −0.405%Rate

Funding earned: $25.56
Price spread: −0.405% → 0.000%: −$40.46
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$23.9
Costs to cover: 0.090%
Break-even: 13.5 days

Slippage unknown: Aftermath Perps: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.

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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Lighter live order book, 3 min ago	3.08 bp	7.5 bp −$8	22.9 bp −$229	76.4 bp −$7,636	doesn't fit

Aftermath Perps: 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 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	4.3857	−0.603%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3882	−0.547%	$2.2M	$14.3M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3762	−0.820%	$108K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3875	−0.563%	$599K	$20.0M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3840	−0.643%	$194K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.150%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0088%	8h	4.3887	−0.536%	$8.5M	$18.5M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3820	−0.688%	$112K	$495K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3815	−0.700%	$412K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3864	−0.587%	$266.3M	$1.08B	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NEARUSDT	+0.0100%	8h	4.3839	−0.645%	$222.1M	$422.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3820	−0.688%	$62.3M	$290.6M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3890	−0.529%	$209K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3850	−0.620%	$250K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3830	−0.665%	$31.6M	$62.7M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3850	−0.620%	$75.1M	$143.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3910	−0.484%	$53.9M	$43.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3823	−0.681%	$72.1M	$126.2M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3840	−0.643%	—	$143.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4564	+0.998%	$281K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4520	+0.898%	$1.5M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4540	+0.944%	$183K	$765K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3888	−0.534%	$210K	$3.6M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3836	−0.652%	$60K	$190K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3900	−0.507%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3835	−0.654%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3990	−0.303%	$454K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3870	−0.575%	$3.9M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.3783	−0.773%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3810	−0.712%	$3.8M	$18.5M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3855	−0.609%	$204K	$34K	3x	as long as short
Aster NEARUSDT	+0.0176%	8h	4.3835	−0.654%	$3.0M	$5.8M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0216%	1h	4.3835	−0.655%	$8.0M	$40.8M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0343%	1h	4.3862	−0.593%	$1.9M	$4.2M	25x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0347% / S −0.0242%	1h	4.3833	−0.658%	$255K	—	100x	as long as short
Nado NEAR-PERP	+0.0407%	1h	4.3860	−0.597%	$1.9M	$3.1M	10x	as long as short
01 Exchange NEARUSD	+0.0416%	1h	4.3859	−0.600%	$13K	$7K	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3860	−0.598%	$554K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.4150	+0.060%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0792%	1h	4.3878	−0.556%	$1.6M	$7.0M	10x	as long as short
Hyperliquid NEAR	+0.0902%	1h	4.3925	−0.450%	$370.0M	$309.3M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0920%	1h	4.3934	−0.430%	$1.4M	$6.3M	20x	as long as short
Aftermath Perps NEARUSDlong	+0.1638%	1h	4.4124	long leg	$6K	$12K	10x
Lighter NEARshort	+0.1760%	1h	4.3945	−0.405%	$17.6M	$25.7M	15x