NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0265%/8h= −29.0% APRnext payment −$0.33 per $10,000 · paid last 24h −0.057%

Price spread now: Pacifica against Lighter RH+0.087%7-day average −0.117% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$8as in the Price arb table

costs, in and out, $10k−$290.288% of the position

Long on Lighter RH Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.407%−$41 on $10k

Price spread, last 7 days−0.201%−$20 · spread now +0.087%, 7d avg −0.117%

Together, before fees−0.608%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board−$61 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.204% dearer against Lighter RH than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of −0.117%): +$20 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH NEAR	4.4157	0.1112	pay 0.0139% / 1h	4m 59s	$1.5M	$7.5M	10x
Short	Pacifica NEAR	4.4195	0.0847	get 0.0106% / 1h	4m 59s	$405K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.087%Rate

Funding earned: −$55.71
Price spread: +0.087% → −0.117%: $20.44
Slippage, 4 orders: −$20.76
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$64.03
Costs to cover: 0.288%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 4 min ago; Pacifica: live order book, 4 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, 4 min ago	1.83 bp	4.2 bp −$4	10.6 bp −$106	doesn't fit	doesn't fit
Sell Pacifica live order book, 4 min ago	2.39 bp	14.3 bp −$14	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	4.4098	−0.134%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4157	−0.001%	$109K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4048	−0.247%	$166K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.221%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4140	−0.038%	$117K	$497K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4090	−0.152%	$221.6M	$423.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4080	−0.174%	$62.3M	$293.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3500	−1.488%	$248K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4100	−0.129%	$33.6M	$61.3M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4150	−0.016%	$53.2M	$46.0M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.4095	−0.140%	$72.7M	$127.0M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4197	+0.091%	$8.9M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4038	−0.270%	$257K	$964K	20x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4140	−0.038%	$283K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4068	−0.202%	$57K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4130	−0.061%	$1K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4180	+0.052%	$468K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4070	−0.197%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.4163	+0.013%	$32K	$608	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0111%	8h	4.4060	−0.220%	$1.5M	$1.5M	10x	as long as short
Aevo NEAR-PERP	+0.0112%	1h	4.4080	−0.174%	$205K	$40K	3x	as long as short
BingX NEAR-USDC	+0.0130%	8h	4.4100	−0.129%	—	$6.7M	—	as long as short
MEXC NEAR_USDT	+0.0137%	8h	4.4130	−0.061%	$83.8M	$146.6M	200x	as long as short
Binance NEARUSDT	+0.0142%	8h	4.4132	−0.056%	$268.2M	$1.09B	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.4121	−0.082%	$2.3M	$16.3M	50x	as long as short
BloFin NEAR-USDT	+0.0262%	8h	4.4150	−0.016%	$13.3M	$32.6M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0314% / S −0.0201%	1h	4.4067	−0.204%	$236K	—	100x	as long as short
Kalshi KXNEARPERP	+0.0314%	8h	4.4234	+0.174%	$1.0M	$24.7M	2.2x	as long as short
Aster NEARUSDT	+0.0342%	8h	4.4140	−0.038%	$2.8M	$5.2M	50x	as long as short
Nado NEAR-PERP	+0.0388%	1h	4.4136	−0.047%	$1.7M	$3.2M	10x	as long as short
ApeX Omni NEARUSDT	+0.0434%	1h	4.4030	−0.288%	$168K	$797K	50x	as long as short
Extended NEAR-USD	+0.0456%	1h	4.4091	−0.150%	$3.7M	$19.2M	25x	as long as short
SoDEX NEAR-USD	+0.0498%	1h	4.4085	−0.163%	$5K	$52K	10x	as long as short
Hyperliquid NEAR	+0.0676%	1h	4.4172	+0.034%	$363.4M	$311.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0698%	1h	4.4127	−0.068%	$1.3M	$6.5M	20x	as long as short
01 Exchange NEARUSD	+0.0712%	1h	4.4198	+0.093%	$13K	$7K	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0717%	1h	4.4081	−0.172%	$7.3M	$39.2M	50x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.4190	+0.075%	$229K	$1.6M	10x	as long as short
Pacifica NEARshort	+0.0847%	1h	4.4195	+0.087%	$405K	$1.4M	10x
Lighter NEAR	+0.0928%	1h	4.4166	+0.021%	$17.3M	$25.3M	15x	as long as short
Phoenix NEAR	+0.1033%	1h	4.4241	+0.190%	$1.8M	$2.5M	10x	as long as short
Lighter RH NEARlong	+0.1112%	1h	4.4157	long leg	$1.5M	$7.5M	10x
RISEx NEAR/USDC	+0.1220%	1h	4.4164	+0.016%	$708K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1251%	1h	4.3841	−0.717%	$5K	$12K	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1681%	1h	4.4115	−0.095%	$2.0M	$12.1M	25x	as long as short