Funding you earn now, next payment 08:00 UTC+0.0460%/8h= +50.4% APRpaid last 24h +0.232%
Price spread now: Lighter against Bitget+0.234%7-day average +0.195% · you sell dearer than you buy
Net, funding: paid 7d − costs+$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 7 days+0.871%+$87 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.234%, 7d avg +0.195%
=Together, before fees+0.849%+ Points / potential airdropLighter: Season 3 · farm board+$85 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Lighter is 0.040% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.195%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NEARUSDT | 4.3428 | 0.0100 | pay 0.0100% / 8h | 11m 22s | $71.8M | $127.9M | 75x |
| Short | Lighter NEAR | 4.3530 | 0.0560 | get 0.0070% / 1h | 11m 22s | $17.2M | $25.4M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $96.6
- Price spread: +0.234% → +0.195%
- $3.96
- Slippage, 4 orders
- −$19.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $68.68
- Costs to cover
- 0.319%
- Break-even
- 2.0 days
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 12 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 Bitget live order book, 3 min ago | 0.46 bp | 9.6 bp −$10 | 13.8 bp −$138 | 24.0 bp −$2,401 | doesn't fit |
| Sell Lighter live order book, 12 min ago | 2.88 bp | 2.9 bp −$3 | 16.7 bp −$167 | 68.4 bp −$6,840 | 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 | 4.3419 | −0.020% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3460 | +0.073% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3451 | +0.053% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3368 | −0.138% | $7.1M | $38.4M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.647% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3440 | +0.028% | $112K | $499K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3463 | +0.081% | $219.5M | $428.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3460 | +0.074% | $60.9M | $294.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3601 | +0.397% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3438 | +0.023% | $35.6M | $62.9M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3440 | +0.028% | $52.7M | $46.0M | 75x | as long as short |
| Bitget NEARUSDTlong | +0.0100% | 8h | 4.3428 | long leg | $71.8M | $127.9M | 75x | |
| Variational Omni NEAR | +0.0100% | 8h | 4.3658 | +0.530% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3647 | +0.503% | $253K | $902K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3469 | +0.093% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3540 | +0.258% | $166K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3464 | +0.083% | $277K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3487 | +0.136% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3510 | +0.189% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3385 | −0.099% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3350 | −0.180% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3468 | +0.093% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3415 | −0.031% | $3.6M | $16.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3400 | −0.064% | $202K | $38K | 3x | as long as short |
| Aster NEARUSDT | +0.0127% | 8h | 4.3458 | +0.070% | $2.7M | $4.8M | 50x | as long as short |
| Hyperliquid NEAR | +0.0138% | 1h | 4.3468 | +0.092% | $350.3M | $316.1M | 10x | as long as short |
| HTX NEAR-USDT | +0.0152% | 8h | 4.3460 | +0.074% | $463K | $3.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0159% | 8h | 4.3440 | +0.028% | $87.6M | $153.6M | 200x | as long as short |
| Binance NEARUSDT | +0.0159% | 8h | 4.3470 | +0.097% | $263.3M | $1.09B | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0176% | 8h | 4.3469 | +0.094% | $981K | $25.1M | 2.2x | as long as short |
| BingX NEAR-USDC | +0.0178% | 8h | 4.3450 | +0.051% | — | $6.7M | — | as long as short |
| 01 Exchange NEARUSD | +0.0232% | 1h | 4.3449 | +0.048% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0282% | 8h | 4.3490 | +0.143% | $13.2M | $32.1M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0339% / S −0.0238% | 1h | 4.3423 | −0.011% | $252K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0388% | 1h | 4.3425 | −0.007% | $1.7M | $3.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0418% | 1h | 4.3423 | −0.012% | $1.9M | $13.1M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0457% | 1h | 4.3443 | +0.035% | $1.0M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3431 | +0.007% | $2.3M | $16.9M | 50x | as long as short |
| Lighter RH NEAR | +0.0512% | 1h | 4.3520 | +0.212% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEARshort | +0.0560% | 1h | 4.3530 | +0.234% | $17.2M | $25.4M | 15x | |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3460 | +0.074% | $228K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3469 | +0.095% | $409K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3782 | +0.815% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3446 | +0.042% | $608K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1129% | 1h | 4.3533 | +0.242% | $5K | $7K | 10x | as long as short |
Bitget NEARUSDT
Lighter NEAR
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
Hyperliquid NEAR
HTX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
Kalshi KXNEARPERP
BingX NEAR-USDC
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD