Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.180%
Price spread now: Lighter against BingX+0.068%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs+$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$270.267% of the position
Funding, last 7 days+0.771%+$77 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now +0.068%, 7d avg +0.168%
=Together, before fees+0.870%+ Points / potential airdropLighter: Season 3 · farm board+$87 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.100% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.168%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NEAR-USDC | 4.1610 | 0.0100 | pay 0.0100% / 8h | 1h 45m | — | $6.6M | — |
| Short | Lighter NEAR | 4.1638 | 0.0096 | get 0.0012% / 1h | 45m 46s | $15.3M | $22.5M | 15x |
BingX NEAR-USDC
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- −$0.84
- Price spread: +0.068% → +0.168%
- −$10
- Slippage, 4 orders
- −$16.66
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$37.5
- Costs to cover
- 0.267%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Lighter: live order book, 8 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 BingX live order book, 6 min ago | 1.21 bp | 12.3 bp −$12 | 30.6 bp −$306 | 70.9 bp −$7,085 | 421.5 bp −$210.7K |
| Sell Lighter live order book, 8 min ago | 1.59 bp | 3.0 bp −$3 | 16.4 bp −$164 | 73.6 bp −$7,360 | 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 | 4.1456 | −0.371% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.1481 | −0.310% | $2.1M | $12.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −0.481% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1585 | −0.059% | $107K | $56K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1516 | −0.226% | $441K | $18.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1473 | −0.329% | $205K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0049% | 1h | 4.1575 | −0.083% | $7.5M | $36.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0072% | 1h | 4.1484 | −0.303% | $12K | $7K | 10x | as long as short |
| Lighter NEARshort | +0.0096% | 1h | 4.1638 | +0.068% | $15.3M | $22.5M | 15x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1470 | −0.336% | $111K | $483K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1551 | −0.142% | $53K | $156K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1575 | −0.084% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1645 | +0.085% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1611 | +0.004% | $350K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1601 | −0.022% | $238.1M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1560 | −0.120% | $211.9M | $423.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1550 | −0.144% | $56.9M | $274.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1490 | −0.288% | $307K | $1.6M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1618 | +0.019% | $29.7M | $56.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1570 | −0.096% | $81.8M | $141.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1610 | 0.000% | $55.0M | $44.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1602 | −0.019% | $69.1M | $125.8M | 75x | as long as short |
| BingX NEAR-USDClong | +0.0100% | 8h | 4.1610 | long leg | — | $6.6M | — | |
| Variational Omni NEAR | +0.0100% | 8h | 4.1461 | −0.357% | $7.7M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1473 | −0.330% | $236K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1500 | −0.264% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1510 | −0.240% | $182K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1503 | −0.257% | $196K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1600 | −0.024% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1540 | −0.168% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1540 | −0.168% | $3.8M | $8.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1450 | −0.385% | $236K | $4K | 10x | as long as short |
| Lighter RH NEAR | +0.0104% | 1h | 4.1638 | +0.067% | $1.4M | $6.9M | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1601 | −0.022% | $3.8M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1537 | −0.175% | $200K | $62K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1500 | −0.264% | $12.3M | $33.4M | 75x | as long as short |
| Hyperliquid NEAR | +0.0321% | 1h | 4.1663 | +0.127% | $350.1M | $298.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.1484 | −0.303% | $411K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0379% / S −0.0327% | 1h | 4.1474 | −0.328% | $279K | — | 100x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0448% | 1h | 4.1585 | −0.060% | $1.8M | $2.1M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0449% | 1h | 4.1606 | −0.010% | $1.2M | $5.7M | 20x | as long as short |
| Nado NEAR-PERP | +0.0516% | 1h | 4.1459 | −0.363% | $1.8M | $3.5M | 10x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.1447 | −0.392% | $1.7M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0910% | 1h | 4.1475 | −0.323% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1010% | 8h | 4.1610 | 0.000% | $446K | $3.6M | 75x | as long as short |
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Lighter RH NEAR
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Hyperliquid NEAR
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Phoenix NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT