Funding you earn now, next payment 00:00 UTC+0.1620%/8h= +177.4% APRpaid last 24h +0.188%
Price spread now: Lighter against Paradex+0.363%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Lighter is 0.363% dearer against Paradex than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex NEAR-USD-PERP | 4.2618 | 0.0100 | pay 0.0100% / 8h | 36m 32s | $31K | $647 | 10x |
| Short | Lighter NEAR | 4.2773 | 0.1720 | get 0.0215% / 1h | 36m 32s | $16.4M | $23.7M | 15x |
Paradex NEAR-USD-PERP
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- $340.21
- Price spread: +0.363% → 0.000%
- $36.3
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $372.51
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 7 min ago. Net counts fees only.
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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 2.73 bp | 4.3 bp −$4 | 15.8 bp −$158 | 81.2 bp −$8,121 | doesn't fit |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.2608 | −0.023% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2655 | +0.087% | $2.2M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2615 | −0.006% | $110K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2690 | +0.169% | $420K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2673 | +0.128% | $203K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −2.835% | $578 | $302K | 12x | as long as short |
| Bybit NEARUSDT | +0.0078% | 8h | 4.2598 | −0.047% | $218.2M | $421.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0087% | 8h | 4.2660 | +0.098% | $7.8M | $18.2M | — | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2630 | +0.028% | $109K | $495K | 50x | as long as short |
| Paradex NEAR-USD-PERPlong | +0.0100% | 8h | 4.2618 | long leg | $31K | $647 | 10x |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Bybit NEARUSDT
Variational Omni NEAR
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NEARUSDT | +0.0100% | 8h | 4.2662 | +0.104% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2656 | +0.089% | $401K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2620 | +0.005% | $252.8M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2620 | +0.005% | $60.7M | $284.6M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2630 | +0.028% | $201K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2674 | +0.132% | $243K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2633 | +0.035% | $30.0M | $59.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2620 | +0.005% | $78.0M | $141.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2690 | +0.169% | $55.8M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2614 | −0.009% | $70.8M | $126.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2640 | +0.052% | — | $138.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2730 | +0.262% | $244K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2670 | +0.122% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2750 | +0.310% | $179K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2645 | +0.063% | $198K | $3.4M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2666 | +0.113% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2690 | +0.169% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2651 | +0.077% | $13K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2690 | +0.169% | $3.9M | $8.4M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2628 | +0.023% | $4.0M | $15.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2650 | +0.075% | $205K | $62K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2694 | +0.178% | $7.6M | $37.2M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0128% | 1h | 4.2638 | +0.047% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2610 | −0.019% | $12.9M | $30.1M | 75x | as long as short |
| Lighter RH NEAR | +0.0368% | 1h | 4.2723 | +0.246% | $1.5M | $7.0M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0375% / S −0.0314% | 1h | 4.2672 | +0.126% | $273K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2658 | +0.093% | $415K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0452% | 1h | 4.2724 | +0.249% | $1.4M | $5.6M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0453% | 1h | 4.2699 | +0.190% | $1.9M | $2.3M | 25x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2717 | +0.232% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0768% | 1h | 4.2619 | +0.003% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0847% | 8h | 4.2780 | +0.380% | $458K | $3.7M | 75x | as long as short |
| Hyperliquid NEAR | +0.0924% | 1h | 4.2717 | +0.232% | $366.9M | $298.2M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1182% | 1h | 4.2738 | +0.282% | $5K | $11K | 10x | as long as short |
| Lighter NEARshort | +0.1720% | 1h | 4.2773 | +0.363% | $16.4M | $23.7M | 15x |
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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Nado NEAR-PERP
HTX NEAR-USDT
Hyperliquid NEAR
Aftermath Perps NEARUSD