Funding you earn now, next payment 10:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.232%
Price spread now: MEXC against Lighter−0.112%7-day average −0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$250.245% of the position
Funding, last 7 days−0.843%−$84 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now −0.112%, 7d avg −0.163%
=Together, before fees−0.893%+ Points / potential airdropLighter: Season 3 · farm board−$89 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.051% dearer against Lighter than usual: you sell high and buy low (spread −0.112% now, against its 7-day average of −0.163%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.5150 | 0.0336 | pay 0.0042% / 1h | 56m 41s | $17.7M | $23.4M | 15x |
| Short | MEXC NEAR_USDT | 4.5100 | 0.0100 | get 0.0100% / 8h | 6h 56m | $82.0M | $162.5M | 200x |
Lighter NEAR
MEXC NEAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$49.56
- Price spread: −0.112% → −0.163%
- $5.1
- Slippage, 4 orders
- −$24.5
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$68.96
- Costs to cover
- 0.245%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; MEXC: live order book, 2 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, 7 min ago | 1.05 bp | 9.0 bp −$9 | 28.1 bp −$281 | 85.0 bp −$8,500 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.10 bp | 2.1 bp −$2 | 3.2 bp −$32 | 5.4 bp −$537 | 67.8 bp −$33.9K |
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 | 4.5317 | +0.368% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0139% | 1h | 4.5351 | +0.445% | $7.4M | $38.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5340 | +0.420% | $110K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5437 | +0.635% | $170K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.284% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5080 | −0.156% | $119K | $521K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5094 | −0.124% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5084 | −0.148% | $273.9M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5103 | −0.105% | $234.4M | $435.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5090 | −0.134% | $64.4M | $308.5M | 50x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.5140 | −0.023% | $233K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5308 | +0.348% | $261K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5072 | −0.174% | $38.8M | $61.2M | 75x | as long as short |
| MEXC NEAR_USDTshort | +0.0100% | 8h | 4.5100 | −0.112% | $82.0M | $162.5M | 200x | |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5160 | +0.021% | $53.7M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5054 | −0.214% | $74.4M | $128.5M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.5100 | −0.112% | — | $82.8M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5317 | +0.368% | $9.4M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5378 | +0.505% | $268K | $880K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5362 | +0.469% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5390 | +0.531% | $169K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5370 | +0.486% | $282K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5368 | +0.482% | $59K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5410 | +0.575% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5365 | +0.475% | $5K | $44K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5320 | +0.376% | $3.5M | $8.0M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5082 | −0.150% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5380 | +0.510% | $211K | $38K | 3x | as long as short |
| Paradex NEAR-USD-PERP | +0.0109% | 8h | 4.5129 | −0.048% | $33K | $413 | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0125% | 8h | 4.5402 | +0.557% | $860K | $25.5M | 2.2x | as long as short |
| HTX NEAR-USDT | +0.0192% | 8h | 4.5340 | +0.420% | $478K | $3.8M | 75x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5380 | +0.509% | $12.8M | $33.4M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0248% | 1h | 4.5071 | −0.176% | $13K | $5K | 10x | as long as short |
| Hyperliquid NEAR | +0.0248% | 1h | 4.5194 | +0.097% | $366.9M | $321.9M | 10x | as long as short |
| Lighter NEARlong | +0.0336% | 1h | 4.5150 | long leg | $17.7M | $23.4M | 15x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0347% / S −0.0242% | 1h | 4.5333 | +0.404% | $265K | — | 100x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5372 | +0.491% | $2.4M | $18.0M | 50x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5086 | −0.142% | $645K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0592% | 1h | 4.5177 | +0.059% | $1.6M | $6.0M | 10x | as long as short |
| Nado NEAR-PERP | +0.0707% | 1h | 4.5315 | +0.365% | $1.7M | $3.2M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.5602 | +1.000% | $1.8M | $2.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0782% | 1h | 4.5325 | +0.387% | $1.1M | $7.2M | 20x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.5151 | +0.001% | $426K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1140% | 1h | 4.5388 | +0.526% | $2.0M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1258% | 1h | 4.5358 | +0.459% | $6K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
Gate 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
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Paradex NEAR-USD-PERP
Kalshi KXNEARPERP
HTX NEAR-USDT
BloFin NEAR-USDT
01 Exchange NEARUSD
Hyperliquid NEAR
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
RISEx NEAR/USDC
Lighter RH NEAR
Nado NEAR-PERP
Phoenix NEAR
Backpack NEAR_USDC_PERP
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD