Funding you earn now, next payment 05:00 UTC−0.0956%/8h= −104.7% APRpaid last 24h −0.232%
Price spread now: SunX against Lighter+0.254%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
Funding, last 7 days−0.780%−$78 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.254%, 7d avg −0.031%
=Together, before fees−0.927%+ Points / potential airdropLighter: Season 3 · farm board−$93 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.285% dearer against Lighter than usual: you sell high and buy low (spread +0.254% now, against its 7-day average of −0.031%): +$29 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.780% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.3390 | 0.1056 | pay 0.0132% / 1h | 14m 39s | $17.5M | $25.1M | 15x |
| Short | SunX NEAR-USDT | 4.3500 | 0.0100 | get 0.0100% / 8h | 3h 14m | $2K | $1.4M | 20x |
Lighter NEAR
SunX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$200.76
- Price spread: +0.254% → −0.031%
- $28.5
- Slippage, 4 orders
- −$137.96
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$318.22
- Costs to cover
- 1.460%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; SunX: live order book, 10 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 | 1.66 bp | 3.6 bp −$4 | 13.7 bp −$137 | 72.2 bp −$7,216 | doesn't fit |
| Sell SunX live order book, 10 min ago | 31.04 bp | 84.2 bp −$84 | doesn't fit | 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 | 4.3410 | +0.046% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3311 | −0.181% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3382 | −0.018% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.563% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3493 | +0.238% | $2.3M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3450 | +0.139% | $110K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3340 | −0.115% | $264.9M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3298 | −0.211% | $214.2M | $426.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3310 | −0.184% | $61.3M | $288.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3250 | −0.321% | $246K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
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-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3320 | −0.161% | $32.1M | $61.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3350 | −0.091% | $73.8M | $146.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3350 | −0.091% | $53.7M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3313 | −0.177% | $71.4M | $127.6M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3330 | −0.138% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3447 | +0.133% | $8.2M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3528 | +0.318% | $254K | $951K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3530 | +0.324% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3500 | +0.254% | $167K | $796K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3485 | +0.220% | $274K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3372 | −0.041% | $57K | $246K | 20x | as long as short |
| SunX NEAR-USDTshort | +0.0100% | 8h | 4.3500 | +0.254% | $2K | $1.4M | 20x | |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3460 | +0.162% | $469K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3390 | +0.001% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3300 | −0.206% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3370 | −0.045% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3410 | +0.047% | $13.5M | $32.1M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3341 | −0.111% | $401K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0273% | 8h | 4.3465 | +0.174% | $874K | $23.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0324% / S −0.0198% | 1h | 4.3391 | +0.003% | $235K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0335% | 8h | 4.3350 | −0.092% | $2.8M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0356% | 1h | 4.3344 | −0.105% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0520% | 1h | 4.3520 | +0.300% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0558% | 1h | 4.3430 | +0.092% | $1.8M | $3.1M | 10x | as long as short |
| Hyperliquid NEAR | +0.0577% | 1h | 4.3371 | −0.043% | $355.1M | $314.3M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0597% | 1h | 4.3369 | −0.048% | $1.3M | $6.8M | 20x | as long as short |
| Extended NEAR-USD | +0.0600% | 1h | 4.3325 | −0.149% | $3.8M | $20.0M | 25x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3510 | +0.277% | $214K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0711% | 1h | 4.3356 | −0.077% | $7.6M | $39.0M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0742% | 1h | 4.3375 | −0.034% | $1.9M | $9.6M | 25x | as long as short |
| Lighter RH NEAR | +0.0920% | 1h | 4.3384 | −0.013% | $1.5M | $7.4M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3602 | +0.489% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEARlong | +0.1056% | 1h | 4.3390 | long leg | $17.5M | $25.1M | 15x | |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3501 | +0.257% | $684K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1569% | 1h | 4.3451 | +0.142% | $5K | $13K | 10x | as long as short |
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Pacifica NEAR
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
SoDEX NEAR-USD
01 Exchange NEARUSD
Nado NEAR-PERP
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Extended NEAR-USD
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD