NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.107%

Price spread now: Coinbase International against Lighter RH−0.144%7-day average −0.158% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$370.366% of the position

Long on Lighter RH Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.681%−$68 on $10k

Price spread, last 4 days (all we have)−0.103%−$10 · spread now −0.144%, 7d avg −0.158%

Together, before fees−0.784%+ Points / potential airdropLighter RH: Points live · farm board−$78 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH NEAR	4.3816	0.0488	pay 0.0061% / 1h	8m 34s	$1.5M	$6.7M	10x
Short	Coinbase International NEAR-PERP-INTX	4.3753	0.0488	get 0.0061% / 1h	8m 34s	$2.3M	$17.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter RH. 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 Lighter RHbpFee Coinbase InternationalbpOrdersPrice spread, now −0.144%Rate

Funding earned: $0
Price spread: −0.144% → −0.158%: $1.38
Slippage, 4 orders: −$26.63
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$35.25
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 5 min ago; Coinbase International: 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 RH live order book, 5 min ago	2.64 bp	2.9 bp −$3	8.0 bp −$80	doesn't fit	doesn't fit
Sell Coinbase International live order book, 6 min ago	5.72 bp	12.6 bp −$13	18.7 bp −$187	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	4.3669	−0.336%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3751	−0.148%	$108K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3680	−0.310%	$163K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0016%	1h	4.3682	−0.306%	$7.3M	$38.6M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.491%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3810	−0.014%	$113K	$498K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3776	−0.091%	$221.2M	$428.5M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3760	−0.128%	$61.5M	$296.6M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3750	−0.151%	$249K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3765	−0.116%	$35.9M	$63.0M	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	4.3780	−0.082%	$53.1M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3771	−0.103%	$72.4M	$127.8M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3490	−0.745%	$8.9M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3477	−0.774%	$252K	$894K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3514	−0.690%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3440	−0.858%	$166K	$816K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3721	−0.217%	$278K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3656	−0.365%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3740	−0.173%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3680	−0.310%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3670	−0.333%	$3.6M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3762	−0.124%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3795	−0.048%	$3.6M	$16.6M	25x	as long as short
Aster NEARUSDT	+0.0119%	8h	4.3809	−0.016%	$2.7M	$4.8M	50x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.3653	−0.372%	$203K	$38K	3x	as long as short
Hyperliquid NEAR	+0.0136%	1h	4.3781	−0.080%	$353.4M	$315.5M	10x	as long as short
MEXC NEAR_USDT	+0.0154%	8h	4.3770	−0.105%	$90.8M	$154.2M	200x	as long as short
HTX NEAR-USDT	+0.0155%	8h	4.3820	+0.009%	$466K	$3.8M	75x	as long as short
Binance NEARUSDT	+0.0155%	8h	4.3811	−0.012%	$265.3M	$1.09B	75x	as long as short
BingX NEAR-USDT	+0.0165%	8h	4.3810	−0.014%	—	$144.2M	—	as long as short
Kalshi KXNEARPERP	+0.0173%	8h	4.3654	−0.370%	$970K	$25.0M	2.2x	as long as short
01 Exchange NEARUSD	+0.0232%	1h	4.3855	+0.089%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0275%	8h	4.3680	−0.310%	$13.3M	$32.2M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0341% / S −0.0240%	1h	4.3687	−0.294%	$254K	—	100x	as long as short
Nado NEAR-PERP	+0.0362%	1h	4.3761	−0.126%	$1.7M	$3.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0461%	1h	4.3771	−0.103%	$1.1M	$7.1M	20x	as long as short
Coinbase International NEAR-PERP-INTXshort	+0.0488%	1h	4.3753	−0.144%	$2.3M	$17.0M	50x
Lighter RH NEARlong	+0.0488%	1h	4.3816	long leg	$1.5M	$6.7M	10x
Lighter NEAR	+0.0536%	1h	4.3825	+0.021%	$17.3M	$25.4M	15x	as long as short
Arcus NEAR-USD	+0.0638%	1h	4.3810	−0.014%	$229K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3788	−0.065%	$413K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3782	−0.078%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3817	+0.002%	$607K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1079%	1h	4.3698	−0.269%	$1.9M	$13.1M	25x	as long as short
Aftermath Perps NEARUSD	+0.1100%	1h	4.3597	−0.500%	$5K	$7K	10x	as long as short