Funding you earn now, next payment 01:00 UTC−0.0336%/8h= −36.8% APRnext payment −$0.42 per $10,000 · paid last 24h −0.033%
Price spread now: Popdex against Lighter RH−0.398%51s7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$230.233% of the position
Funding, last 3 days (all we have)−0.317%−$32 on $10k
+Price spread, last 4 days (all we have)+0.361%+$36 · spread now −0.398%, 7d avg −0.128%
=Together, before fees+0.044%+ Points / potential airdropLighter RH: Points live · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Popdex is 0.270% cheaper against Lighter RH than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.128%). Swap the legs. The two prices were read 51 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 | 4.3212 | 0.0432 | pay 0.0054% / 1h | 22m 49s | $1.6M | $6.9M | 10x |
| Short | Popdex NEARUSDT | 4.3040 | 0.0096 | get 0.0012% / 1h | 22m 49s | $115K | $482K | 50x |
Lighter RH NEAR
Popdex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$70.56
- Price spread: −0.398% → −0.128%
- −$27.03
- Slippage, 4 orders
- −$16.92
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$120.91
- Costs to cover
- 0.233%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 6 min ago; Popdex: live order book, 51 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 | 1.98 bp | 2.2 bp −$2 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 51 min ago | 1.17 bp | 9.1 bp −$9 | 57.1 bp −$571 | 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 | 4.2996 | −0.499% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0130% | 1h | 4.3164 | −0.112% | $7.3M | $37.3M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3150 | −0.143% | $2.3M | $13.1M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0008% | 1h | 4.3020 | −0.444% | $13K | $7K | 10x | as long as short |
| Variational Omni NEAR | −0.0004% | 8h | 4.2668 | −1.259% | $7.9M | $18.8M | — | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3140 | −0.168% | $112K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2948 | −0.611% | $360K | $19.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3151 | −0.140% | $205K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.170% | $578 | $302K | 12x | as long as short |
| Bybit NEARUSDT | +0.0095% | 8h | 4.3120 | −0.213% | $218.9M | $417.3M | 75x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Variational Omni NEAR
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDTshort | +0.0096% | 1h | 4.3040 | −0.398% | $115K | $482K | 50x | |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.3183 | −0.067% | $57K | $191K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2900 | −0.721% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3180 | −0.074% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2902 | −0.717% | $396K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3145 | −0.156% | $257.2M | $1.06B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3150 | −0.143% | $61.0M | $281.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3070 | −0.329% | $197K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2789 | −0.978% | $244K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3157 | −0.127% | $31.0M | $60.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3170 | −0.097% | $77.5M | $140.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3190 | −0.051% | $56.4M | $42.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3157 | −0.127% | $71.5M | $124.6M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3170 | −0.097% | — | $141.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3008 | −0.472% | $256K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3032 | −0.416% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2800 | −0.953% | $179K | $782K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3027 | −0.428% | $192K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3230 | +0.042% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3165 | −0.109% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3240 | +0.065% | $457K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3140 | −0.167% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3149 | −0.145% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3164 | −0.112% | $201K | $28K | 3x | as long as short |
| Hyperliquid NEAR | +0.0185% | 1h | 4.3206 | −0.014% | $363.3M | $301.5M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3130 | −0.190% | $12.9M | $28.2M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0374% / S −0.0307% | 1h | 4.3151 | −0.142% | $275K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3075 | −0.317% | $408K | $1.2M | 10x | as long as short |
| Lighter RH NEARlong | +0.0432% | 1h | 4.3212 | long leg | $1.6M | $6.9M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0449% | 1h | 4.3214 | +0.005% | $1.3M | $5.9M | 20x | as long as short |
| Nado NEAR-PERP | +0.0470% | 1h | 4.3030 | −0.421% | $1.9M | $3.2M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3141 | −0.164% | $1.8M | $2.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0654% | 1h | 4.3197 | −0.035% | $1.9M | $3.6M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1337% | 1h | 4.2857 | −0.822% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1928% | 1h | 4.3241 | +0.066% | $17.3M | $24.6M | 15x | as long as short |
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Hyperliquid NEAR
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD
Lighter NEAR