NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0798%/8h= −87.3% APRnext payment −$1.00 per $10,000 · paid last 24h −0.273%

Price spread now: Lighter RH against Aftermath Perps+0.298%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Lighter RH

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 RH: Points live · farm boardneeds both histories

The price spread pays, funding is against you. Lighter RH is 0.298% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.298% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 30 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps NEARUSD	4.3211	0.1438	pay 0.0180% / 1h	38m 21s	$5K	$12K	10x
Short	Lighter RH NEAR	4.3340	0.0640	get 0.0080% / 1h	38m 21s	$1.6M	$6.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now +0.298%Rate

Funding earned: −$167.48
Price spread: +0.298% → 0.000%: $29.76
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$146.72
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Aftermath Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aftermath Perps no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 5 min ago	2.08 bp	3.4 bp −$3	8.6 bp −$86	doesn't fit	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 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	4.3298	+0.201%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3313	+0.235%	$2.1M	$13.5M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3310	+0.229%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3251	+0.092%	$517K	$19.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3241	+0.068%	$201K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.169%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0043%	8h	4.3108	−0.239%	$8.2M	$19.1M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3290	+0.182%	$115K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3257	+0.106%	$57K	$161K	20x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3342	+0.302%	$410K	$1.2M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.3298	+0.202%	$258.7M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3280	+0.159%	$220.1M	$419.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3300	+0.205%	$61.1M	$280.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3340	+0.298%	$205K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3300	+0.205%	$247K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3257	+0.106%	$31.0M	$60.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3330	+0.274%	$75.8M	$137.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3310	+0.228%	$55.6M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3208	−0.008%	$71.6M	$123.6M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3240	+0.066%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3211	−0.001%	$259K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3122	−0.206%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3250	+0.089%	$179K	$776K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3326	+0.265%	$214K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3320	+0.251%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3232	+0.048%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3440	+0.529%	$442K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3270	+0.136%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3286	+0.173%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3203	−0.020%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3234	+0.052%	$201K	$34K	3x	as long as short
Aster NEARUSDT	+0.0112%	8h	4.3337	+0.290%	$3.0M	$5.8M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0219%	1h	4.3242	+0.070%	$7.9M	$39.9M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3220	+0.020%	$13.2M	$27.6M	75x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0305%	1h	4.3257	+0.106%	$1.9M	$4.1M	25x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0360% / S −0.0278%	1h	4.3250	+0.089%	$260K	—	100x	as long as short
01 Exchange NEARUSD	+0.0368%	1h	4.3339	+0.295%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0443%	1h	4.3290	+0.182%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3322	+0.255%	$542K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3150	−0.142%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEARshort	+0.0640%	1h	4.3340	+0.298%	$1.6M	$6.9M	10x
Hyperliquid NEAR	+0.0744%	1h	4.3365	+0.355%	$364.2M	$303.3M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0782%	1h	4.3388	+0.409%	$1.4M	$6.0M	20x	as long as short
Lighter NEAR	+0.1432%	1h	4.3327	+0.267%	$17.3M	$24.7M	15x	as long as short
Aftermath Perps NEARUSDlong	+0.1438%	1h	4.3211	long leg	$5K	$12K	10x