Funding you earn now, next payment 01:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h −0.004%
Price spread now: Lighter RH against BloFin+0.190%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 3 days (all we have)+0.035%+$3 · spread now +0.190%, 7d avg +0.144%
=Together, before fees+0.242%+ Points / potential airdropLighter RH: Points live · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter RH is 0.046% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.144%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEAR-USDT | 4.3130 | 0.0220 | pay 0.0220% / 8h | 7h 22m | $12.9M | $28.2M | 75x |
| Short | Lighter RH NEAR | 4.3212 | 0.0432 | get 0.0054% / 1h | 22m 22s | $1.6M | $6.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $44.52
- Price spread: +0.190% → +0.144%
- $4.6
- Slippage, 4 orders
- −$23.22
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $13.9
- Costs to cover
- 0.352%
- Break-even
- 4.8 days
Slippage from BloFin: live order book, 7 min ago; Lighter RH: live order book, 1 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, 7 min ago | 7.02 bp | 13.0 bp −$13 | 17.2 bp −$172 | 48.0 bp −$4,797 | 122.0 bp −$61.0K |
| Sell Lighter RH live order book, 1 min ago | 3.01 bp | 5.1 bp −$5 | 10.1 bp −$101 | doesn't fit | 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 | 4.3180 | +0.116% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0130% | 1h | 4.3164 | +0.078% | $7.3M | $37.3M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3150 | +0.046% | $2.3M | $13.1M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0008% | 1h | 4.3183 | +0.123% | $13K | $7K | 10x | as long as short |
| Variational Omni NEAR | −0.0004% | 8h | 4.2668 | −1.071% | $7.9M | $18.8M | — | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3140 | +0.022% | $112K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2948 | −0.422% | $360K | $19.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3201 | +0.164% | $205K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.988% | $578 | $302K | 12x | as long as short |
| Bybit NEARUSDT | +0.0095% | 8h | 4.3183 | +0.123% | $219.2M | $417.3M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDT | +0.0096% | 1h | 4.3190 | +0.139% | $115K | $484K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.3191 | +0.141% | $57K | $191K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.3116 | −0.031% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3240 | +0.255% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3158 | +0.066% | $399K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3212 | +0.190% | $257.6M | $1.06B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3180 | +0.116% | $61.0M | $281.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3180 | +0.116% | $198K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2789 | −0.790% | $244K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3195 | +0.151% | $31.0M | $60.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3200 | +0.162% | $77.4M | $140.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3210 | +0.185% | $56.4M | $43.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3186 | +0.130% | $71.5M | $124.6M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3190 | +0.139% | — | $141.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3008 | −0.282% | $256K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3032 | −0.227% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2800 | −0.765% | $179K | $782K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3206 | +0.176% | $193K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3230 | +0.232% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3165 | +0.081% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3240 | +0.255% | $457K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3140 | +0.023% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3157 | +0.062% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3164 | +0.078% | $201K | $28K | 3x | as long as short |
| Hyperliquid NEAR | +0.0193% | 1h | 4.3254 | +0.288% | $364.0M | $301.6M | 10x | as long as short |
| BloFin NEAR-USDTlong | +0.0220% | 8h | 4.3130 | long leg | $12.9M | $28.2M | 75x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0374% / S −0.0307% | 1h | 4.3151 | +0.048% | $275K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3216 | +0.200% | $409K | $1.2M | 10x | as long as short |
| Lighter RH NEARshort | +0.0432% | 1h | 4.3212 | +0.190% | $1.6M | $6.9M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0449% | 1h | 4.3214 | +0.195% | $1.3M | $5.9M | 20x | as long as short |
| Nado NEAR-PERP | +0.0464% | 1h | 4.3153 | +0.053% | $1.9M | $3.2M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3141 | +0.026% | $1.8M | $2.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0654% | 1h | 4.3197 | +0.155% | $1.9M | $3.6M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1366% | 1h | 4.2946 | −0.426% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1928% | 1h | 4.3241 | +0.256% | $17.3M | $24.6M | 15x | as long as short |
BloFin NEAR-USDT
Lighter RH NEAR
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Variational Omni NEAR
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Bybit NEARUSDT
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
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
Phemex NEARUSDT
Extended NEAR-USD
Hyperliquid NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD
Lighter NEAR