Funding you earn now, next payment 02:00 UTC+0.1092%/8h= +119.6% APRpaid last 24h +0.170%
Price spread now: Lighter against BloFin−0.153%90s7-day average +0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs+$28as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.239% of the position
Funding, last 7 days+0.519%+$52 on $10k
+Price spread, last 3 days (all we have)+0.330%+$33 · spread now −0.153%, 7d avg +0.170%
=Together, before fees+0.850%+ Points / potential airdropLighter: Season 3 · farm board+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.323% cheaper against BloFin than usual: you would sell low and buy high (spread −0.153% now, against its 7-day average of +0.170%). If the spread goes back, that is −$32 on $10k: about 24 hours of funding at the current rate (+$33 a day). At the pace of the last 7 days (+0.519% in total) that is about 4.4 days. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.519% in total (about 27.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEAR-USDT | 4.3260 | 0.0220 | pay 0.0220% / 8h | 6h 57m | $13.2M | $27.7M | 75x |
| Short | Lighter NEAR | 4.3194 | 0.1312 | get 0.0164% / 1h | 57m 42s | $17.3M | $24.3M | 15x |
BloFin NEAR-USDT
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $229.32
- Price spread: −0.153% → +0.170%
- −$32.3
- Slippage, 4 orders
- −$11.86
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $173.16
- Costs to cover
- 0.239%
- Break-even
- 1.7 days
Slippage from BloFin: live order book, 6 min ago; Lighter: live order book, 6 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 BloFin live order book, 6 min ago | 1.16 bp | 7.2 bp −$7 | 13.9 bp −$139 | 50.7 bp −$5,065 | 125.5 bp −$62.7K |
| Sell Lighter live order book, 6 min ago | 1.95 bp | 5.0 bp −$5 | 18.6 bp −$186 | 87.9 bp −$8,788 | 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 | 4.3198 | −0.143% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3185 | −0.173% | $2.2M | $13.3M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2982 | −0.643% | $111K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3241 | −0.044% | $392K | $18.8M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3165 | −0.220% | $157K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0016% | 8h | 4.2957 | −0.699% | $8.2M | $18.8M | — | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.276% | $578 | $302K | 12x | as long as short |
| Phemex NEARUSDT | +0.0069% | 8h | 4.3180 | −0.185% | $3.8M | $8.3M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3210 | −0.116% | $115K | $474K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.3189 | −0.164% | $57K | $162K | 20x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Injective NEAR/USDC PERP
Phemex NEARUSDT
Popdex NEARUSDT
Orderly PERP_NEAR_USDCShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NEARUSDT | +0.0100% | 8h | 4.3183 | −0.177% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3043 | −0.503% | $405K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3024 | −0.546% | $256.9M | $1.05B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3007 | −0.585% | $218.9M | $417.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3010 | −0.578% | $60.7M | $276.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3060 | −0.462% | $204K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3162 | −0.226% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3003 | −0.594% | $30.8M | $59.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3050 | −0.485% | $75.2M | $135.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3100 | −0.370% | $55.5M | $42.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3018 | −0.559% | $71.1M | $122.7M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3030 | −0.532% | — | $142.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3202 | −0.134% | $257K | $1.1M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2940 | −0.740% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3200 | −0.139% | $177K | $777K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3228 | −0.074% | $209K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3260 | 0.000% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3165 | −0.220% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3200 | −0.139% | $451K | $3.7M | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3004 | −0.592% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2997 | −0.608% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3170 | −0.208% | $201K | $31K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0219% | 1h | 4.3211 | −0.113% | $7.9M | $37.9M | 50x | as long as short |
| BloFin NEAR-USDTlong | +0.0220% | 8h | 4.3260 | long leg | $13.2M | $27.7M | 75x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0283% | 1h | 4.3185 | −0.173% | $1.9M | $4.0M | 25x | as long as short |
| 01 Exchange NEARUSD | +0.0304% | 1h | 4.3217 | −0.099% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0348% | 1h | 4.3220 | −0.092% | $1.9M | $3.1M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0377% / S −0.0308% | 1h | 4.3158 | −0.235% | $276K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0488% | 1h | 4.3152 | −0.250% | $1.6M | $6.9M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3191 | −0.160% | $1.8M | $2.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3053 | −0.478% | $428K | $1.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0860% | 1h | 4.3158 | −0.236% | $365.5M | $302.3M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0918% | 1h | 4.3221 | −0.090% | $1.3M | $5.9M | 20x | as long as short |
| Lighter NEARshort | +0.1312% | 1h | 4.3194 | −0.153% | $17.3M | $24.3M | 15x | |
| Aftermath Perps NEARUSD | +0.1489% | 1h | 4.3224 | −0.083% | $5K | $12K | 10x | as long as short |
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
01 Exchange NEARUSD
Nado NEAR-PERP
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD