Funding you earn now, next payment 10:00 UTC−0.0540%/8h= −59.1% APRpaid last 24h −0.090%
Price spread now: edgeX against Lighter RH+0.162%80s7-day average −0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.303% of the position
Funding, last 7 days−0.473%−$47 on $10k
+Price spread, last 7 days−0.333%−$33 · spread now +0.162%, 7d avg −0.141%
=Together, before fees−0.806%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board−$81 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.302% dearer against Lighter RH than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of −0.141%): +$30 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 45 hours. At the pace of the last 7 days (−0.473% in total) that is about 4.5 days. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.5075 | 0.0640 | pay 0.0080% / 1h | 16m 10s | $1.6M | $6.1M | 10x |
| Short | edgeX NEARUSDC | 4.5148 | 0.0100 | get 0.0050% / 4h | 2h 16m | $267K | $870K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$113.4
- Price spread: +0.162% → −0.141%
- $30.24
- Slippage, 4 orders
- −$21.29
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$113.45
- Costs to cover
- 0.303%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 5 min ago; edgeX: live order book, 35 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 | 1.10 bp | 3.1 bp −$3 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 7.87 bp | 12.7 bp −$13 | 31.4 bp −$314 | doesn't fit | doesn't fit |
NEAR on 45 exchanges
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 | 4.5101 | +0.057% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0141% | 1h | 4.4979 | −0.213% | $7.4M | $37.9M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5048 | −0.061% | $110K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5087 | +0.027% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.131% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5100 | +0.055% | $124K | $522K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5038 | −0.081% | $2.7M | $4.8M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5056 | −0.041% | $273.8M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5050 | −0.055% | $234.1M | $433.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5010 | −0.144% | $64.4M | $310.0M | 50x | as long as short |
Show all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.5090 | +0.033% | $232K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5102 | +0.060% | $269K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5010 | −0.144% | $39.8M | $63.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5050 | −0.055% | $78.0M | $171.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5030 | −0.100% | $53.3M | $45.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5002 | −0.162% | $74.6M | $130.0M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.5030 | −0.100% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5256 | +0.401% | $9.5M | $17.3M | — | as long as short |
| edgeX NEARUSDCshort | +0.0100% | 4h | 4.5148 | +0.162% | $267K | $870K | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5120 | +0.099% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5280 | +0.455% | $169K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5127 | +0.115% | $283K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5063 | −0.027% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5140 | +0.144% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5005 | −0.155% | $5K | $40K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5050 | −0.055% | $468K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5010 | −0.144% | $3.4M | $8.0M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0103% | 8h | 4.5055 | −0.045% | $33K | $51 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4996 | −0.174% | $3.8M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5016 | −0.132% | $209K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0108% | 8h | 4.5014 | −0.135% | $812K | $26.3M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0160% | 1h | 4.5082 | +0.016% | $13K | $5K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5150 | +0.166% | $13.0M | $33.0M | 75x | as long as short |
| Hyperliquid NEAR | +0.0288% | 1h | 4.5061 | −0.031% | $363.7M | $324.2M | 10x | as long as short |
| Lighter NEAR | +0.0304% | 1h | 4.5053 | −0.049% | $17.6M | $23.8M | 15x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0342% / S −0.0235% | 1h | 4.5004 | −0.157% | $260K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0422% | 1h | 4.5120 | +0.100% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5154 | +0.175% | $2.3M | $17.8M | 50x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5068 | −0.016% | $643K | $1.6M | 10x | as long as short |
| Lighter RH NEARlong | +0.0640% | 1h | 4.5075 | long leg | $1.6M | $6.1M | 10x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0661% | 1h | 4.5031 | −0.098% | $1.9M | $13.1M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0713% | 1h | 4.5058 | −0.038% | $1.1M | $7.0M | 20x | as long as short |
| Phoenix NEAR | +0.0851% | 1h | 4.5306 | +0.512% | $1.7M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.5087 | +0.027% | $418K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1160% | 1h | 4.5185 | +0.245% | $6K | $7K | 10x | as long as short |
Lighter RH NEAR
edgeX NEARUSDC
Kraken Futures PF_NEARUSD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
Hyperliquid NEAR
Lighter NEAR
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD