Funding you earn now, next payment 11:00 UTC−0.0691%/8h= −75.7% APRnext payment −$0.86 per $10,000 · paid last 24h +0.168%
Price spread now: Lighter against Pacifica+0.063%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs+$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$340.335% of the position
Funding, last 7 days+0.740%+$74 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now +0.063%, 7d avg +0.141%
=Together, before fees+0.814%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$81 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Lighter is 0.078% cheaper against Pacifica than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.141%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.740%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NEAR | 4.4884 | 0.0851 | pay 0.0106% / 1h | 48m 42s | $420K | $1.3M | 10x |
| Short | Lighter NEAR | 4.4912 | 0.0160 | get 0.0020% / 1h | 48m 42s | $17.5M | $23.3M | 15x |
Pacifica NEAR
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- −$145.17
- Price spread: +0.063% → +0.141%
- −$7.82
- Slippage, 4 orders
- −$25.51
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$186.49
- Costs to cover
- 0.335%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 3 min ago; Lighter: live order book, 8 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 Pacifica live order book, 3 min ago | 2.22 bp | 13.5 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 1.42 bp | 4.2 bp −$4 | 9.3 bp −$93 | 58.6 bp −$5,860 | doesn't fit |
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 | −0.0236% | 1h | 4.4788 | −0.214% | $7.4M | $36.9M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4859 | −0.056% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4874 | −0.022% | $110K | $53K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4801 | −0.185% | $842K | $26.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4768 | −0.259% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.740% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4840 | −0.099% | $123K | $504K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4888 | +0.007% | $2.6M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4894 | +0.022% | $272.4M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4927 | +0.095% | $231.9M | $427.6M | 75x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4930 | +0.102% | $64.1M | $298.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4950 | +0.147% | $268K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4833 | −0.114% | $39.8M | $62.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4930 | +0.102% | $77.4M | $167.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4920 | +0.080% | $53.3M | $43.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4898 | +0.031% | $74.5M | $126.4M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4910 | +0.057% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4874 | −0.024% | $8.9M | $16.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4861 | −0.052% | $265K | $869K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4810 | −0.166% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4790 | −0.210% | $167K | $823K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4848 | −0.081% | $280K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4774 | −0.246% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4900 | +0.035% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4815 | −0.154% | $5K | $39K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4840 | −0.099% | $465K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4840 | −0.099% | $3.4M | $7.9M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4922 | +0.083% | $33K | $245 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4885 | +0.002% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4758 | −0.282% | $208K | $38K | 3x | as long as short |
| Lighter NEARshort | +0.0160% | 1h | 4.4912 | +0.063% | $17.5M | $23.3M | 15x | |
| Nado NEAR-PERP | +0.0207% | 1h | 4.4830 | −0.121% | $1.7M | $3.1M | 10x | as long as short |
| Hyperliquid NEAR | +0.0218% | 1h | 4.4900 | +0.036% | $361.7M | $314.7M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4820 | −0.143% | $12.9M | $32.5M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0224% | 1h | 4.4836 | −0.107% | $13K | $4K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0341% / S −0.0226% | 1h | 4.4925 | +0.091% | $263K | — | 100x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.4930 | +0.102% | $227K | $1.4M | 10x | as long as short |
| Lighter RH NEAR | +0.0376% | 1h | 4.4927 | +0.095% | $1.6M | $5.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.4907 | +0.052% | $634K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.4833 | −0.114% | $2.3M | $17.6M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0644% | 1h | 4.4795 | −0.199% | $1.9M | $13.0M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0659% | 1h | 4.4878 | −0.014% | $1.1M | $7.1M | 20x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.4898 | +0.031% | $1.7M | $2.7M | 10x | as long as short |
| Pacifica NEARlong | +0.0851% | 1h | 4.4884 | long leg | $420K | $1.3M | 10x | |
| Aftermath Perps NEARUSD | +0.1151% | 1h | 4.4857 | −0.061% | $6K | $6K | 10x | as long as short |
OKX NEAR-USDT-SWAP
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Nado NEAR-PERP
Hyperliquid NEAR
BloFin NEAR-USDT
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Arcus NEAR-USD
Lighter RH NEAR
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Phoenix NEAR
Aftermath Perps NEARUSD