Funding you earn now, next payment 06:00 UTC−0.1004%/8h= −109.9% APRpaid last 24h −0.065%
Price spread now: KuCoin against Lighter RH−0.378%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 7 days−0.476%−$48 on $10k
+Price spread, last 7 days+0.274%+$27 · spread now −0.378%, 7d avg −0.117%
=Together, before fees−0.202%+ Points / potential airdropLighter RH: Points live · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and KuCoin is 0.261% cheaper against Lighter RH than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.117%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.476% in total (about -24.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.3936 | 0.1104 | pay 0.0138% / 1h | 7m 46s | $1.5M | $7.4M | 10x |
| Short | KuCoin NEARUSDTM | 4.3770 | 0.0100 | get 0.0100% / 8h | 2h 07m | $52.8M | $45.9M | 75x |
Lighter RH NEAR
KuCoin NEARUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$210.84
- Price spread: −0.378% → −0.117%
- −$26.1
- Slippage, 4 orders
- −$26.59
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$275.53
- Costs to cover
- 0.386%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 6 min ago; KuCoin: 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, 6 min ago | 2.52 bp | 3.7 bp −$4 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.29 bp | 18.1 bp −$18 | 33.9 bp −$339 | 99.9 bp −$9,992 | 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 | 4.3759 | −0.404% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3837 | −0.226% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3738 | −0.450% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.749% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3810 | −0.287% | $116K | $497K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3883 | −0.121% | $219.4M | $420.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3890 | −0.105% | $61.9M | $292.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3500 | −0.992% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3835 | −0.230% | $33.4M | $61.0M | 75x | as long as short |
| KuCoin NEARUSDTMshort | +0.0100% | 8h | 4.3770 | −0.378% | $52.8M | $45.9M | 75x |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.3874 | −0.141% | $71.8M | $126.4M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3607 | −0.748% | $8.8M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3652 | −0.647% | $255K | $963K | 20x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3820 | −0.264% | $281K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3786 | −0.341% | $57K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3850 | −0.196% | $1K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3900 | −0.082% | $473K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3720 | −0.492% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3756 | −0.409% | $32K | $608 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0102% | 8h | 4.3673 | −0.598% | $1.4M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3793 | −0.326% | $204K | $37K | 3x | as long as short |
| BingX NEAR-USDT | +0.0119% | 8h | 4.3870 | −0.150% | — | $143.5M | — | as long as short |
| MEXC NEAR_USDT | +0.0129% | 8h | 4.3850 | −0.196% | $83.4M | $146.2M | 200x | as long as short |
| Binance NEARUSDT | +0.0133% | 8h | 4.3895 | −0.093% | $267.1M | $1.09B | 75x | as long as short |
| BloFin NEAR-USDT | +0.0250% | 8h | 4.3850 | −0.196% | $13.3M | $32.3M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3867 | −0.157% | $2.3M | $16.2M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0313% / S −0.0201% | 1h | 4.3735 | −0.457% | $235K | — | 100x | as long as short |
| Kalshi KXNEARPERP | +0.0317% | 8h | 4.3779 | −0.357% | $1.0M | $24.6M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0338% | 8h | 4.3900 | −0.082% | $2.8M | $5.2M | 50x | as long as short |
| Nado NEAR-PERP | +0.0404% | 1h | 4.3805 | −0.298% | $1.7M | $3.2M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0417% | 1h | 4.3640 | −0.674% | $167K | $796K | 50x | as long as short |
| Extended NEAR-USD | +0.0472% | 1h | 4.3788 | −0.338% | $3.7M | $19.3M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0514% | 1h | 4.3745 | −0.435% | $5K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0669% | 1h | 4.3929 | −0.016% | $361.2M | $310.6M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0688% | 1h | 4.3776 | −0.364% | $1.3M | $6.6M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0720% | 1h | 4.3856 | −0.182% | $13K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0723% | 1h | 4.3739 | −0.450% | $7.3M | $39.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3850 | −0.196% | $227K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0825% | 1h | 4.3787 | −0.339% | $2.0M | $11.9M | 25x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.3790 | −0.332% | $401K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0912% | 1h | 4.3935 | −0.002% | $17.2M | $25.2M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3931 | −0.011% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEARlong | +0.1104% | 1h | 4.3936 | long leg | $1.5M | $7.4M | 10x | |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3838 | −0.224% | $686K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1287% | 1h | 4.3636 | −0.683% | $5K | $12K | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Kalshi KXNEARPERP
Aster NEARUSDT
Nado NEAR-PERP
ApeX Omni NEARUSDT
Extended NEAR-USD
SoDEX NEAR-USD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD