Funding you earn now, next payment 04:00 UTC+0.0536%/8h= +58.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.231%
Price spread now: Lighter against Extended+0.360%7-day average +0.219% · you sell dearer than you buy
Net, funding: paid 7d − costs+$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$180.182% of the position
Funding, last 7 days+0.787%+$79 on $10k
+Price spread, last 7 days−0.218%−$22 · spread now +0.360%, 7d avg +0.219%
=Together, before fees+0.569%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Lighter is 0.142% dearer against Extended than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.219%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NEAR-USD | 4.4100 | 0.0432 | pay 0.0054% / 1h | 12m 23s | $3.9M | $19.6M | 25x |
| Short | Lighter NEAR | 4.4258 | 0.0968 | get 0.0121% / 1h | 12m 23s | $17.8M | $26.5M | 15x |
Extended NEAR-USD
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- $112.56
- Price spread: +0.360% → +0.219%
- $14.15
- Slippage, 4 orders
- −$13.16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $108.55
- Costs to cover
- 0.182%
- Break-even
- 0.2 days
Slippage from Extended: live order book, 2 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 Extended live order book, 2 min ago | 0.23 bp | 3.7 bp −$4 | 8.0 bp −$80 | 793.3 bp −$79.3K | doesn't fit |
| Sell Lighter live order book, 6 min ago | 2.24 bp | 2.9 bp −$3 | 24.8 bp −$248 | 87.5 bp −$8,746 | 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 | 4.4071 | −0.065% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4141 | +0.094% | $2.2M | $15.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4159 | +0.134% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4187 | +0.198% | $620K | $22.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4078 | −0.048% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.099% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4150 | +0.114% | $113K | $517K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4188 | +0.201% | $420K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4140 | +0.092% | $271.5M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4064 | −0.081% | $221.9M | $424.2M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4060 | −0.090% | $63.0M | $297.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4054 | −0.103% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4077 | −0.051% | $32.1M | $64.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4140 | +0.092% | $74.9M | $150.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4120 | +0.046% | $54.9M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4070 | −0.067% | $72.4M | $130.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4090 | −0.022% | — | $147.3M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4137 | +0.085% | $8.6M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4159 | +0.135% | $265K | $980K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4070 | −0.067% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4090 | −0.022% | $170K | $801K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4132 | +0.073% | $244K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4109 | +0.021% | $56K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4340 | +0.545% | $1K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4240 | +0.318% | $458K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4170 | +0.160% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4154 | +0.124% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4130 | +0.068% | $205K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0172% | 1h | 4.4145 | +0.103% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4170 | +0.160% | $13.8M | $32.8M | 75x | as long as short |
| Aster NEARUSDT | +0.0307% | 8h | 4.4143 | +0.098% | $3.0M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0321% / S −0.0190% | 1h | 4.4080 | −0.044% | $234K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0335% | 1h | 4.4153 | +0.121% | $1.3M | $6.5M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0344% | 1h | 4.4205 | +0.239% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0377% | 1h | 4.4163 | +0.144% | $364.3M | $325.0M | 10x | as long as short |
| Extended NEAR-USDlong | +0.0432% | 1h | 4.4100 | long leg | $3.9M | $19.6M | 25x | |
| Nado NEAR-PERP | +0.0549% | 1h | 4.4065 | −0.079% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4190 | +0.205% | $218K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0588% | 1h | 4.4160 | +0.138% | $8.1M | $39.7M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0612% | 1h | 4.4110 | +0.024% | $2.0M | $7.3M | 25x | as long as short |
| Lighter RH NEAR | +0.0680% | 1h | 4.4237 | +0.312% | $1.5M | $7.2M | 10x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4173 | +0.166% | $1.8M | $2.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4197 | +0.221% | $592K | $1.4M | 10x | as long as short |
| Lighter NEARshort | +0.0968% | 1h | 4.4258 | +0.360% | $17.8M | $26.5M | 15x | |
| Aftermath Perps NEARUSD | +0.1577% | 1h | 4.4148 | +0.109% | $5K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
SoDEX NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Nado NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD