NEAR

Alert: funding

Alert: spread

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: Lighter RH against Popdex+0.051%7-day average +0.128% · 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−$32as in the Price arb table

costs, in and out, $10k−$240.240% of the position

Long on Popdex Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.317%+$32 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.051%, 7d avg +0.128%

Together, before fees+0.303%+ Points / potential airdropLighter RH: Points live · farm board+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter RH is 0.077% cheaper against Popdex than usual: you would sell low and buy high (spread +0.051% now, against its 7-day average of +0.128%). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex NEARUSDT	4.3190	0.0096	pay 0.0012% / 1h	22m 24s	$115K	$484K	50x
Short	Lighter RH NEAR	4.3212	0.0432	get 0.0054% / 1h	22m 24s	$1.6M	$6.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Popdex. 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 PopdexbpFee Lighter RHbpOrdersPrice spread, now +0.051%Rate

Funding earned: $70.56
Price spread: +0.051% → +0.128%: −$7.68
Slippage, 4 orders: −$17.56
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $38.92
Costs to cover: 0.240%
Break-even: 3.1 days

Slippage from Popdex: live order book, 52 min ago; Lighter RH: live order book, 1 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 Popdex live order book, 52 min ago	1.17 bp	6.5 bp −$7	80.1 bp −$801	doesn't fit	doesn't fit
Sell Lighter RH live order book, 1 min ago	3.01 bp	5.1 bp −$5	10.1 bp −$101	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	4.3180	−0.023%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0130%	1h	4.3164	−0.061%	$7.3M	$37.3M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3150	−0.093%	$2.3M	$13.1M	50x	as long as short
01 Exchange NEARUSD	−0.0008%	1h	4.3183	−0.016%	$13K	$7K	10x	as long as short
Variational Omni NEAR	−0.0004%	8h	4.2668	−1.209%	$7.9M	$18.8M	—	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3140	−0.117%	$112K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2948	−0.560%	$360K	$19.2M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3201	+0.025%	$205K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.121%	$578	$302K	12x	as long as short
Bybit NEARUSDT	+0.0095%	8h	4.3183	−0.016%	$219.2M	$417.3M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex NEARUSDTlong	+0.0096%	1h	4.3190	long leg	$115K	$484K	50x
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3191	+0.002%	$57K	$191K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0099%	8h	4.3116	−0.170%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3240	+0.116%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3158	−0.073%	$399K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3212	+0.051%	$257.6M	$1.06B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3180	−0.023%	$61.0M	$281.8M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3180	−0.023%	$198K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2789	−0.928%	$244K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3195	+0.012%	$31.0M	$60.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3200	+0.023%	$77.4M	$140.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3210	+0.046%	$56.4M	$43.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3186	−0.009%	$71.5M	$124.6M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3190	0.000%	—	$141.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3008	−0.421%	$256K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3032	−0.365%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2800	−0.903%	$179K	$782K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3206	+0.037%	$193K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3230	+0.093%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3165	−0.058%	$5K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3240	+0.116%	$457K	$3.7M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3140	−0.116%	$3.8M	$8.5M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3157	−0.077%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3164	−0.061%	$201K	$28K	3x	as long as short
Hyperliquid NEAR	+0.0193%	1h	4.3254	+0.148%	$364.0M	$301.6M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3130	−0.139%	$12.9M	$28.2M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0374% / S −0.0307%	1h	4.3151	−0.091%	$275K	—	100x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3216	+0.061%	$409K	$1.2M	10x	as long as short
Lighter RH NEARshort	+0.0432%	1h	4.3212	+0.051%	$1.6M	$6.9M	10x
Backpack NEAR_USDC_PERP	+0.0449%	1h	4.3214	+0.056%	$1.3M	$5.9M	20x	as long as short
Nado NEAR-PERP	+0.0464%	1h	4.3153	−0.086%	$1.9M	$3.2M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3141	−0.113%	$1.8M	$2.7M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0654%	1h	4.3197	+0.016%	$1.9M	$3.6M	25x	as long as short
Aftermath Perps NEARUSD	+0.1366%	1h	4.2946	−0.564%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1928%	1h	4.3241	+0.117%	$17.3M	$24.6M	15x	as long as short