Funding you earn now, next payment 07:00 UTC−0.0600%/8h= −65.7% APRpaid last 24h −0.231%
Price spread now: BingX against Lighter+0.054%7-day average −0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$310.305% of the position
Funding, last 7 days−0.889%−$89 on $10k
+Price spread, last 7 days−0.226%−$23 · spread now +0.054%, 7d avg −0.170%
=Together, before fees−1.115%+ Points / potential airdropLighter: Season 3 · farm board−$111 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.223% dearer against Lighter than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.170%): +$22 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.3926 | 0.0800 | pay 0.0100% / 1h | 15m 51s | $17.3M | $25.3M | 15x |
| Short | BingX NEAR-USDC | 4.3950 | 0.0200 | get 0.0200% / 8h | 1h 15m | — | $6.7M | — |
Lighter NEAR
BingX NEAR-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Lighter. 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
- −$126
- Price spread: +0.054% → −0.170%
- $22.34
- Slippage, 4 orders
- −$20.51
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$134.17
- Costs to cover
- 0.305%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 13 min ago; BingX: 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 Lighter live order book, 13 min ago | 2.67 bp | 2.9 bp −$3 | 12.6 bp −$126 | 65.3 bp −$6,525 | doesn't fit |
| Sell BingX live order book, 6 min ago | 1.13 bp | 13.6 bp −$14 | 27.9 bp −$279 | 68.1 bp −$6,807 | 509.0 bp −$254.5K |
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 | 4.3984 | +0.132% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3877 | −0.113% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3949 | +0.051% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.729% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3880 | −0.106% | $111K | $484K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3952 | +0.058% | $222.8M | $430.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3930 | +0.008% | $61.9M | $294.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4150 | +0.509% | $252K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3940 | +0.031% | $35.6M | $62.1M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3900 | −0.060% | $53.1M | $45.9M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.3885 | −0.094% | $72.6M | $127.6M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4097 | +0.389% | $8.8M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4272 | +0.787% | $259K | $917K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4140 | +0.486% | $166K | $804K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3883 | −0.099% | $292K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3892 | −0.078% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3960 | +0.076% | $1K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3950 | +0.054% | $460K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3910 | −0.037% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0104% | 8h | 4.3920 | −0.015% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0109% | 8h | 4.4271 | +0.785% | $1.5M | $1.5M | 10x | as long as short |
| Extended NEAR-USD | +0.0112% | 1h | 4.3873 | −0.122% | $3.6M | $18.2M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0136% | 1h | 4.3905 | −0.049% | $204K | $38K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0144% | 1h | 4.3867 | −0.135% | $5K | $53K | 10x | as long as short |
| BingX NEAR-USDCshort | +0.0200% | 8h | 4.3950 | +0.054% | — | $6.7M | — | |
| MEXC NEAR_USDT | +0.0212% | 8h | 4.3960 | +0.076% | $78.1M | $149.7M | 200x | as long as short |
| Binance NEARUSDT | +0.0213% | 8h | 4.3967 | +0.092% | $267.7M | $1.08B | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0240% | 8h | 4.3872 | −0.124% | $1.0M | $24.9M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0291% | 8h | 4.3930 | +0.008% | $2.8M | $4.8M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0199% | 1h | 4.3846 | −0.184% | $234K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0333% | 8h | 4.3940 | +0.031% | $13.5M | $32.5M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0414% | 1h | 4.3867 | −0.135% | $1.3M | $6.9M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.3889 | −0.085% | $2.3M | $16.6M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0456% | 1h | 4.3994 | +0.154% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0509% | 1h | 4.3904 | −0.051% | $358.2M | $313.4M | 10x | as long as short |
| Nado NEAR-PERP | +0.0548% | 1h | 4.3881 | −0.103% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0665% | 1h | 4.3852 | −0.169% | $7.2M | $38.2M | 50x | as long as short |
| Lighter NEARlong | +0.0800% | 1h | 4.3926 | long leg | $17.3M | $25.3M | 15x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0822% | 1h | 4.3903 | −0.053% | $1.9M | $13.0M | 25x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.3920 | −0.015% | $226K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0888% | 1h | 4.3925 | −0.003% | $1.5M | $6.7M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.4318 | +0.891% | $1.8M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.3932 | +0.014% | $419K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.3910 | −0.036% | $663K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1305% | 1h | 4.4116 | +0.431% | $5K | $12K | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Extended NEAR-USD
Aevo NEAR-PERP
SoDEX NEAR-USD
MEXC NEAR_USDT
Binance NEARUSDT
Kalshi KXNEARPERP
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Hyperliquid NEAR
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
Arcus NEAR-USD
Lighter RH NEAR
Phoenix NEAR
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD