Funding you earn now, next payment 05:00 UTC+0.0216%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.051%
Price spread now: Lighter RH against Extended+0.467%7-day average +0.192% · you sell dearer than you buy
Net, funding: paid 7d − costs+$22as in the Funding arb table
Net, price: spread back to 7d avg − costs+$5as in the Price arb table
costs, in and out, $10k−$220.223% of the position
Funding, last 7 days+0.444%+$44 on $10k
+Price spread, last 7 days−0.381%−$38 · spread now +0.467%, 7d avg +0.192%
=Together, before fees+0.063%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board+$6 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 0.275% dearer against Extended than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.192%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NEAR-USD | 4.3154 | 0.0672 | pay 0.0084% / 1h | 42m 30s | $3.8M | $19.8M | 25x |
| Short | Lighter RH NEAR | 4.3355 | 0.0888 | get 0.0111% / 1h | 42m 30s | $1.5M | $7.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $45.36
- Price spread: +0.467% → +0.192%
- $27.49
- Slippage, 4 orders
- −$17.32
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $50.53
- Costs to cover
- 0.223%
- Break-even
- from the start
Slippage from Extended: live order book, 2 min ago; Lighter RH: 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 | 4.8 bp −$5 | 10.6 bp −$106 | 755.1 bp −$75.5K | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 2.75 bp | 2.9 bp −$3 | 9.4 bp −$94 | 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 | 4.3185 | +0.073% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3254 | +0.233% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3315 | +0.373% | $162K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.041% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3406 | +0.585% | $2.3M | $16.0M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3240 | +0.200% | $107K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3248 | +0.219% | $265.3M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3195 | +0.096% | $215.2M | $427.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3180 | +0.061% | $61.6M | $290.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3400 | +0.571% | $247K | −$0 | 10x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3170 | +0.038% | $31.6M | $60.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3210 | +0.131% | $73.4M | $144.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3310 | +0.362% | $53.8M | $46.3M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3190 | +0.084% | $70.9M | $128.7M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3180 | +0.061% | — | $146.2M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3397 | +0.565% | $8.4M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3444 | +0.672% | $254K | $950K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3214 | +0.140% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3100 | −0.124% | $166K | $799K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3216 | +0.144% | $261K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3356 | +0.469% | $57K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3450 | +0.687% | $1K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3500 | +0.803% | $462K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3370 | +0.501% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3185 | +0.072% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3350 | +0.455% | $202K | $37K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0130% | 8h | 4.3392 | +0.552% | $654K | $23.1M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3390 | +0.548% | $13.8M | $32.2M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3278 | +0.287% | $411K | $1.2M | 10x | as long as short |
| Aster NEARUSDT | +0.0309% | 8h | 4.3281 | +0.295% | $2.9M | $5.6M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0321% / S −0.0194% | 1h | 4.3316 | +0.376% | $232K | — | 100x | as long as short |
| SoDEX NEAR-USD | +0.0421% | 1h | 4.3318 | +0.381% | $8K | $49K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0512% | 1h | 4.3350 | +0.455% | $1.4M | $6.5M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0520% | 1h | 4.3247 | +0.216% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0602% | 1h | 4.3242 | +0.205% | $354.8M | $320.8M | 10x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3240 | +0.200% | $212K | $1.6M | 10x | as long as short |
| Extended NEAR-USDlong | +0.0672% | 1h | 4.3154 | long leg | $3.8M | $19.8M | 25x | |
| Nado NEAR-PERP | +0.0678% | 1h | 4.3210 | +0.132% | $1.8M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0711% | 1h | 4.3327 | +0.402% | $7.6M | $39.6M | 50x | as long as short |
| Lighter RH NEARshort | +0.0888% | 1h | 4.3355 | +0.467% | $1.5M | $7.4M | 10x | |
| Phoenix NEAR | +0.0941% | 1h | 4.3302 | +0.344% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0997% | 1h | 4.3357 | +0.471% | $2.0M | $8.8M | 25x | as long as short |
| Lighter NEAR | +0.1152% | 1h | 4.3299 | +0.337% | $17.5M | $24.9M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3232 | +0.181% | $654K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1582% | 1h | 4.3407 | +0.588% | $5K | $12K | 10x | as long as short |
Extended NEAR-USD
Lighter RH NEAR
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
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
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Kalshi KXNEARPERP
BloFin NEAR-USDT
Pacifica NEAR
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Kraken Futures PF_NEARUSD
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD