NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0546%/8h= −59.8% APRnext payment −$0.68 per $10,000 · paid last 24h −0.260%

Price spread now: gTrade (Gains Network) against Lighter−0.013%7-day average −0.173% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$265as in the Price arb table

costs, in and out, $10k−$2812.809% of the position

Long on Lighter Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.683%−$68 on $10k

Price spread, last 4 days (all we have)−0.182%−$18 · spread now −0.013%, 7d avg −0.173%

Together, before fees−0.865%+ Points / potential airdropLighter: Season 3 · farm board−$86 on $10k · with fees, hour by hour

The price spread pays, funding is against you. gTrade (Gains Network) is 0.160% dearer against Lighter than usual: you sell high and buy low (spread −0.013% now, against its 7-day average of −0.173%): +$16 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NEAR	4.3792	0.0552	pay 0.0069% / 1h	7m 41s	$17.2M	$25.4M	15x
Short	gTrade (Gains Network) NEAR/USD	4.3787	L +0.0004% / S −0.0006%	get 0.0001% / 1h	7m 41s	$164K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.013%Rate

Funding earned: −$114.59
Price spread: −0.013% → −0.173%: $15.99
Slippage, 4 orders: −$270.93
Fee Lighter: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$379.53
Costs to cover: 2.809%
Break-even: never at this rate

Slippage from Lighter: live order book, 6 min ago; gTrade (Gains Network): virtual book (oracle venue), 31 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, 6 min ago	1.39 bp	4.0 bp −$4	14.3 bp −$143	67.2 bp −$6,724	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 31 min ago	130.01 bp	137.7 bp −$138	1007.8 bp −$10.1K	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	4.3770	−0.050%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3742	−0.116%	$108K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USDshort	L +0.0004% / S −0.0006%	1h	4.3787	−0.013%	$164K	—	150x
Kraken Futures PF_NEARUSD	+0.0016%	1h	4.3799	+0.015%	$7.3M	$38.6M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.440%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3810	+0.040%	$113K	$498K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3743	−0.113%	$221.1M	$428.5M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3750	−0.097%	$61.4M	$296.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3750	−0.097%	$249K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3753	−0.090%	$35.9M	$63.1M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NEARUSDTM	+0.0100%	8h	4.3750	−0.097%	$53.0M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3751	−0.094%	$72.3M	$127.8M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3490	−0.691%	$8.9M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3477	−0.721%	$252K	$894K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3514	−0.636%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3440	−0.804%	$166K	$816K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3807	+0.034%	$278K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3815	+0.052%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3870	+0.177%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3800	+0.018%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3800	+0.018%	$3.6M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3741	−0.116%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3776	−0.036%	$3.6M	$16.5M	25x	as long as short
Aster NEARUSDT	+0.0119%	8h	4.3755	−0.085%	$2.7M	$4.8M	50x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.3810	+0.040%	$204K	$38K	3x	as long as short
Hyperliquid NEAR	+0.0138%	1h	4.3795	+0.006%	$353.3M	$315.7M	10x	as long as short
Binance NEARUSDT	+0.0152%	8h	4.3752	−0.093%	$264.3M	$1.09B	75x	as long as short
MEXC NEAR_USDT	+0.0154%	8h	4.3750	−0.097%	$90.6M	$154.3M	200x	as long as short
HTX NEAR-USDT	+0.0154%	8h	4.3890	+0.223%	$467K	$3.8M	75x	as long as short
Kalshi KXNEARPERP	+0.0171%	8h	4.3789	−0.008%	$972K	$25.0M	2.2x	as long as short
BingX NEAR-USDC	+0.0171%	8h	4.3790	−0.005%	—	$6.7M	—	as long as short
01 Exchange NEARUSD	+0.0232%	1h	4.3855	+0.143%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0275%	8h	4.3680	−0.256%	$13.3M	$32.2M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0341% / S −0.0240%	1h	4.3791	−0.004%	$255K	—	100x	as long as short
Nado NEAR-PERP	+0.0362%	1h	4.3761	−0.072%	$1.7M	$3.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0466%	1h	4.3871	+0.180%	$1.1M	$7.1M	20x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3773	−0.044%	$2.3M	$17.0M	50x	as long as short
Lighter RH NEAR	+0.0488%	1h	4.3796	+0.008%	$1.5M	$6.8M	10x	as long as short
Lighter NEARlong	+0.0552%	1h	4.3792	long leg	$17.2M	$25.4M	15x
Arcus NEAR-USD	+0.0638%	1h	4.3820	+0.063%	$229K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3748	−0.101%	$412K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3782	−0.024%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3815	+0.053%	$607K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1100%	1h	4.3632	−0.365%	$5K	$7K	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1485%	1h	4.3873	+0.184%	$1.9M	$13.1M	25x	as long as short