Funding you earn now, next payment 12:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.090%
Price spread now: MEXC against Lighter RH−0.103%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$100.099% of the position
Funding, last 7 days−0.507%−$51 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.103%, 7d avg −0.136%
=Together, before fees−0.484%+ Points / potential airdropLighter RH: Points live · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.033% dearer against Lighter RH than usual: you sell high and buy low (spread −0.103% now, against its 7-day average of −0.136%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.5 days. At the pace of the last 7 days (−0.507% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.4856 | 0.0120 | pay 0.0015% / 1h | 54m 44s | $1.6M | $5.7M | 10x |
| Short | MEXC NEAR_USDT | 4.4810 | 0.0100 | get 0.0100% / 8h | 4h 54m | $75.8M | $167.8M | 200x |
Lighter RH NEAR
MEXC NEAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$4.2
- Price spread: −0.103% → −0.136%
- $3.3
- Slippage, 4 orders
- −$9.94
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$10.83
- Costs to cover
- 0.099%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago | 2.90 bp | 4.0 bp −$4 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.11 bp | 1.8 bp −$2 | 4.3 bp −$43 | 25.8 bp −$2,580 | 61.1 bp −$30.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0381% | 1h | 4.4772 | −0.186% | $7.3M | $37.1M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4768 | −0.196% | $2K | — | 20x | as long as short |
| ApeX Omni NEARUSDT | −0.0164% | 1h | 4.4850 | −0.013% | $168K | $809K | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4791 | −0.146% | $110K | $53K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4821 | −0.078% | $920K | $26.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4774 | −0.182% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.682% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4810 | −0.103% | $124K | $506K | 50x | as long as short |
| Hyperliquid NEAR | +0.0100% | 1h | 4.4850 | −0.013% | $360.3M | $311.5M | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4831 | −0.055% | $2.7M | $4.9M | 50x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
ApeX Omni NEARUSDT
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Hyperliquid NEAR
Aster NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.4820 | −0.080% | $270.6M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4785 | −0.158% | $229.9M | $430.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4770 | −0.192% | $63.7M | $300.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4850 | −0.013% | $276K | $24K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4777 | −0.176% | $41.0M | $61.4M | 75x | as long as short |
| MEXC NEAR_USDTshort | +0.0100% | 8h | 4.4810 | −0.103% | $75.8M | $167.8M | 200x | |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4810 | −0.103% | $53.9M | $44.3M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4760 | −0.214% | $74.5M | $127.6M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4780 | −0.169% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4813 | −0.096% | $8.8M | $16.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4865 | +0.020% | $266K | $861K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4858 | +0.006% | $1.5M | $1.8M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4804 | −0.116% | $190K | $4.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4803 | −0.118% | $55K | $273K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4880 | +0.054% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4790 | −0.147% | $5K | $34K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4880 | +0.054% | $463K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4800 | −0.125% | $3.4M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4788 | −0.151% | $32K | $389 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4754 | −0.227% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4775 | −0.181% | $208K | $38K | 3x | as long as short |
| Lighter RH NEARlong | +0.0120% | 1h | 4.4856 | long leg | $1.6M | $5.7M | 10x | |
| 01 Exchange NEARUSD | +0.0184% | 1h | 4.4808 | −0.107% | $13K | $4K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0191% / S −0.0033% | 1h | 4.4779 | −0.173% | $241K | — | 100x | as long as short |
| Lighter NEAR | +0.0200% | 1h | 4.4841 | −0.034% | $17.0M | $24.6M | 15x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4830 | −0.058% | $12.8M | $32.4M | 75x | as long as short |
| Arcus NEAR-USD | +0.0253% | 1h | 4.4850 | −0.013% | $226K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0478% | 1h | 4.4807 | −0.109% | $640K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0544% | 1h | 4.5060 | +0.455% | $2.3M | $17.7M | 50x | as long as short |
| Nado NEAR-PERP | +0.0584% | 1h | 4.4790 | −0.147% | $1.8M | $3.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0670% | 1h | 4.4820 | −0.080% | $1.1M | $7.2M | 20x | as long as short |
| Pacifica NEAR | +0.0687% | 1h | 4.4819 | −0.083% | $422K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.5326 | +1.048% | $1.8M | $2.6M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0903% | 1h | 4.4910 | +0.120% | $6K | $6K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1000% | 1h | 4.4839 | −0.038% | $1.9M | $13.0M | 25x | as long as short |
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Lighter NEAR
BloFin NEAR-USDT
Arcus NEAR-USD
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL