Funding you earn now, next payment 20:00 UTC+0.0362%/8hnext payment +$0.45 per $10,000 · paid last 24h +0.124%
Price spread now: Lighter against Nado+0.085%7-day average +0.112% · 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−$26as in the Price arb table
costs, in and out, $10k−$230.231% of the position
Funding, last 3 days (all we have)+0.382%+$38 on $10k
+Price spread, last 7 days−0.159%−$16 · spread now +0.085%, 7d avg +0.112%
=Together, before fees+0.223%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.027% cheaper against Nado than usual: you would sell low and buy high (spread +0.085% now, against its 7-day average of +0.112%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NEAR-PERP | 4.1440 | 0.0286 | pay 0.0036% / 1h | 21m 53s | $1.8M | $3.9M | 10x |
| Short | Lighter NEAR | 4.1475 | 0.0648 | get 0.0081% / 1h | 21m 53s | $15.4M | $22.5M | 15x |
Nado NEAR-PERP
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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
- $76.08
- Price spread: +0.085% → +0.112%
- −$2.67
- Slippage, 4 orders
- −$16.12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $50.29
- Costs to cover
- 0.231%
- Break-even
- 2.4 days
Slippage from Nado: live order book, 1 min ago; Lighter: live order book, 11 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 Nado live order book, 1 min ago | 0.84 bp | 9.6 bp −$10 | 19.2 bp −$192 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 11 min ago | 1.19 bp | 4.9 bp −$5 | 16.3 bp −$163 | 79.3 bp −$7,925 | 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 | 4.1436 | −0.010% | $2K | — | 20x | as long as short |
| Extended NEAR-USD | −0.0032% | 1h | 4.1364 | −0.184% | $3.5M | $14.1M | 25x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1595 | +0.374% | $105K | $54K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1514 | +0.179% | $421K | $20.1M | 2.2x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | 0.0000% | 1h | 4.1489 | +0.118% | $1.8M | $2.0M | 25x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1510 | +0.169% | $202K | — | 150x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0032% | 1h | 4.1481 | +0.099% | $2.1M | $12.7M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1520 | +0.193% | $105K | $499K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1471 | +0.074% | $2.8M | $5.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1381 | −0.142% | $236.7M | $1.11B | 75x | as long as short |
Reya NEARRUSDPERP
Extended NEAR-USD
dYdX NEAR-USD
Kalshi KXNEARPERP
Deribit NEAR_USDC-PERPETUAL
gTrade (Gains Network) NEAR/USD
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | +0.0100% | 8h | 4.1357 | −0.200% | $207.5M | $429.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1370 | −0.169% | $57.2M | $286.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1540 | +0.241% | $245K | $1.6M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1537 | +0.233% | $238K | $4K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1416 | −0.058% | $29.2M | $56.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1370 | −0.169% | $81.3M | $145.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1390 | −0.121% | $57.5M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1392 | −0.116% | $69.6M | $127.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.1380 | −0.145% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1325 | −0.278% | $7.6M | $18.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1249 | −0.462% | $262K | $1.3M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1280 | −0.386% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1250 | −0.458% | $112K | $754K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1551 | +0.268% | $221K | $3.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.1472 | +0.077% | $52K | $163K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1500 | +0.145% | $2K | $1.5M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1435 | −0.012% | $5K | $45K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1430 | −0.024% | $3.8M | $8.5M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1590 | +0.362% | $30K | $2K | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1446 | +0.014% | $200K | $66K | 3x | as long as short |
| Injective NEAR/USDC PERP | +0.0120% | 1h | 4.1000 | −1.062% | $572 | $150K | 12x | as long as short |
| 01 Exchange NEARUSD | +0.0200% | 1h | 4.1560 | +0.290% | $12K | $8K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1420 | −0.048% | $12.6M | $33.2M | 75x | as long as short |
| Lighter RH NEAR | +0.0232% | 1h | 4.1476 | +0.087% | $1.4M | $7.3M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0241% | 1h | 4.1463 | +0.057% | $7.4M | $34.5M | 50x | as long as short |
| Nado NEAR-PERPlong | +0.0286% | 1h | 4.1440 | long leg | $1.8M | $3.9M | 10x | |
| Pacifica NEAR | +0.0319% | 1h | 4.1578 | +0.332% | $440K | $1.1M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0372% / S −0.0314% | 1h | 4.1505 | +0.157% | $273K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0378% | 1h | 4.1559 | +0.286% | $397K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0618% | 1h | 4.1391 | −0.118% | $1.7M | $2.7M | 10x | as long as short |
| Lighter NEARshort | +0.0648% | 1h | 4.1475 | +0.085% | $15.4M | $22.5M | 15x | |
| Hyperliquid NEAR | +0.0835% | 1h | 4.1476 | +0.087% | $350.2M | $305.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0955% | 1h | 4.1459 | +0.046% | $1.4M | $4.7M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.1095% | 1h | 4.1364 | −0.184% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1245% | 8h | 4.1690 | +0.603% | $454K | $4.1M | 75x | as long as short |
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Injective NEAR/USDC PERP
01 Exchange NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
Kraken Futures PF_NEARUSD
Pacifica NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Phoenix NEAR
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD
HTX NEAR-USDT