Funding you earn now, next payment 09:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h −0.066%
Price spread now: RISEx against Lighter−0.094%7-day average −0.126% · 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−$12as in the Price arb table
costs, in and out, $10k−$150.155% of the position
Funding, last 4 days (all we have)−0.159%−$16 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now −0.094%, 7d avg −0.126%
=Together, before fees−0.188%+ Points / potential airdropLighter: Season 3 · farm board−$19 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 RISEx is 0.032% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.126%. Mind the row above: over the last 4 days funding on this pair cost −0.159%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.3658 | 0.0464 | pay 0.0058% / 1h | 34m 25s | $17.2M | $23.9M | 15x |
| Short | RISEx NEAR/USDC | 4.3617 | 0.0656 | get 0.0082% / 1h | 34m 25s | $591K | $1.5M | 10x |
Lighter NEAR
RISEx NEAR/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $40.35
- Price spread: −0.094% → −0.126%
- $3.2
- Slippage, 4 orders
- −$9.47
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $28.07
- Costs to cover
- 0.155%
- Break-even
- 2.1 days
Slippage from Lighter: live order book, 4 min ago; RISEx: live order book, 4 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, 4 min ago | 2.56 bp | 3.1 bp −$3 | 18.0 bp −$180 | 67.9 bp −$6,788 | doesn't fit |
| Sell RISEx live order book, 4 min ago | 1.91 bp | 4.9 bp −$5 | 14.4 bp −$144 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0433% | 1h | 4.3636 | −0.050% | $7.2M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3603 | −0.125% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3596 | −0.143% | $107K | $65K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3699 | +0.094% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.149% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3610 | −0.110% | $119K | $503K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3629 | −0.067% | $2.7M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3716 | +0.133% | $220.3M | $427.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3700 | +0.096% | $61.5M | $295.1M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3630 | −0.064% | $220K | $1.5M | 10x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3631 | −0.062% | $36.5M | $62.2M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3630 | −0.064% | $52.4M | $45.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3700 | +0.096% | $72.1M | $127.6M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3708 | +0.114% | $9.0M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3747 | +0.204% | $254K | $893K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3650 | −0.019% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3730 | +0.165% | $165K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3620 | −0.087% | $272K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3736 | +0.178% | $56K | $239K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3680 | +0.050% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3645 | −0.030% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3610 | −0.110% | $3.5M | $8.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3708 | +0.115% | $252K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3609 | −0.113% | $31K | $585 | 10x | as long as short |
| Binance NEARUSDT | +0.0101% | 8h | 4.3660 | +0.005% | $263.5M | $1.08B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0103% | 8h | 4.3620 | −0.087% | $90.5M | $157.5M | 200x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3594 | −0.148% | $3.6M | $15.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3705 | +0.107% | $203K | $40K | 3x | as long as short |
| BingX NEAR-USDT | +0.0112% | 8h | 4.3700 | +0.096% | — | $83.5M | — | as long as short |
| Kalshi KXNEARPERP | +0.0146% | 8h | 4.3710 | +0.119% | $866K | $25.5M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0223% | 8h | 4.3640 | −0.041% | $12.6M | $32.4M | 75x | as long as short |
| Hyperliquid NEAR | +0.0231% | 1h | 4.3662 | +0.009% | $352.8M | $316.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0275% | 1h | 4.3705 | +0.107% | $1.7M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.3635 | −0.053% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0255% | 1h | 4.3642 | −0.037% | $256K | — | 100x | as long as short |
| HTX NEAR-USDT | +0.0401% | 8h | 4.3710 | +0.119% | $462K | $3.7M | 75x | as long as short |
| Lighter RH NEAR | +0.0456% | 1h | 4.3665 | +0.016% | $1.5M | $6.4M | 10x | as long as short |
| Lighter NEARlong | +0.0464% | 1h | 4.3658 | long leg | $17.2M | $23.9M | 15x | |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3709 | +0.117% | $2.3M | $17.2M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0521% | 1h | 4.3648 | −0.023% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDCshort | +0.0656% | 1h | 4.3617 | −0.094% | $591K | $1.5M | 10x | |
| Pacifica NEAR | +0.0701% | 1h | 4.3621 | −0.086% | $411K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.3762 | +0.238% | $1.8M | $2.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0871% | 1h | 4.3749 | +0.208% | $1.9M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1054% | 1h | 4.3739 | +0.185% | $5K | $7K | 10x | as long as short |
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
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
Bulk NEAR-USD
Paradex NEAR-USD-PERP
Binance NEARUSDT
MEXC NEAR_USDT
Extended NEAR-USD
Aevo NEAR-PERP
BingX NEAR-USDT
Kalshi KXNEARPERP
BloFin NEAR-USDT
Hyperliquid NEAR
Nado NEAR-PERP
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
Lighter RH NEAR
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Pacifica NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD