NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0236%/8h= +25.9% APRnext payment +$0.30 per $10,000 · paid last 24h +0.090%

Price spread now: RISEx against Lighter RH+0.272%7-day average −0.100% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs+$20as in the Price arb table

costs, in and out, $10k−$180.176% of the position

Long on Lighter RH Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.063%+$6 on $10k

Price spread, last 7 days−0.241%−$24 · spread now +0.272%, 7d avg −0.100%

Together, before fees−0.179%+ Points / potential airdropLighter RH: Points live · farm board−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and RISEx is 0.371% dearer against Lighter RH than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.100%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.063% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.30 per $10,000. 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	4.4846	0.0688	pay 0.0086% / 1h	25m 36s	$1.7M	$6.9M	10x
Short	RISEx NEAR/USDC	4.4968	0.0924	get 0.0116% / 1h	25m 36s	$543K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.272%Rate

Funding earned: $49.66
Price spread: +0.272% → −0.100%: $37.15
Slippage, 4 orders: −$11.62
Fee Lighter RH: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: $69.19
Costs to cover: 0.176%
Break-even: from the start

Slippage from Lighter RH: live order book, 3 min ago; RISEx: live order book, 3 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, 3 min ago	2.71 bp	3.3 bp −$3	9.8 bp −$98	doesn't fit	doesn't fit
Sell RISEx live order book, 3 min ago	2.66 bp	5.7 bp −$6	16.3 bp −$163	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	4.4567	−0.623%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.4769	−0.172%	$2.3M	$14.8M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4836	−0.022%	$111K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4711	−0.301%	$622K	$20.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.4599	−0.551%	$201K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.662%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4900	+0.120%	$117K	$490K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4834	−0.026%	$423K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4862	+0.035%	$273.1M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4887	+0.091%	$225.9M	$419.4M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4870	+0.054%	$64.4M	$298.7M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4421	−0.948%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4883	+0.083%	$32.5M	$63.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4910	+0.143%	$78.1M	$143.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4850	+0.009%	$56.2M	$44.5M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4935	+0.198%	$74.0M	$127.4M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4940	+0.210%	—	$145.3M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4586	−0.580%	$8.7M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4398	−1.000%	$266K	$984K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4397	−1.000%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4160	−1.530%	$172K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4617	−0.511%	$213K	$3.7M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4585	−0.582%	$61K	$195K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4650	−0.437%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4759	−0.194%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4890	+0.098%	$467K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4770	−0.169%	$3.9M	$8.1M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4879	+0.073%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4919	+0.162%	$3.9M	$18.7M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4598	−0.552%	$208K	$34K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4420	−0.950%	$13.7M	$31.6M	75x	as long as short
Aster NEARUSDT	+0.0247%	8h	4.4829	−0.038%	$3.1M	$5.4M	50x	as long as short
01 Exchange NEARUSD	+0.0352%	1h	4.4979	+0.297%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0353% / S −0.0246%	1h	4.4599	−0.552%	$263K	—	100x	as long as short
Nado NEAR-PERP	+0.0390%	1h	4.4570	−0.615%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.4970	+0.277%	$214K	$1.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0545%	1h	4.4815	−0.069%	$1.4M	$6.6M	20x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0580%	1h	4.4631	−0.479%	$1.9M	$4.4M	25x	as long as short
Hyperliquid NEAR	+0.0673%	1h	4.4821	−0.056%	$373.2M	$310.0M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0687%	1h	4.4817	−0.065%	$8.3M	$41.0M	50x	as long as short
Lighter RH NEARlong	+0.0688%	1h	4.4846	long leg	$1.7M	$6.9M	10x
Phoenix NEAR	+0.0855%	1h	4.4364	−1.075%	$1.8M	$2.7M	10x	as long as short
RISEx NEAR/USDCshort	+0.0924%	1h	4.4968	+0.272%	$543K	$1.3M	10x
Lighter NEAR	+0.1264%	1h	4.4916	+0.155%	$18.0M	$26.0M	15x	as long as short
Aftermath Perps NEARUSD	+0.1617%	1h	4.4342	−1.124%	$6K	$12K	10x	as long as short