Funding you earn now, next payment 08:00 UTC−0.0429%/8h= −47.0% APRnext payment −$0.54 per $10,000 · paid last 24h −0.084%
Price spread now: Lighter RH against RISEx+0.046%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−$140.143% of the position
Funding, last 4 days (all we have)−0.079%−$8 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now +0.046%, 7d avg +0.100%
=Together, before fees−0.018%+ Points / potential airdropLighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Lighter RH is 0.054% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.100%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.079% in total (about -7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.54 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 | RISEx NEAR/USDC | 4.3142 | 0.0965 | pay 0.0121% / 1h | 32m 20s | $598K | $1.4M | 10x |
| Short | Lighter RH NEAR | 4.3162 | 0.0536 | get 0.0067% / 1h | 32m 20s | $1.5M | $6.6M | 10x |
RISEx NEAR/USDC
Lighter RH NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against RISEx. 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
- −$90.16
- Price spread: +0.046% → +0.100%
- −$5.45
- Slippage, 4 orders
- −$8.34
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$109.94
- Costs to cover
- 0.143%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 1 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 RISEx live order book, 1 min ago | 0.98 bp | 4.0 bp −$4 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 1.85 bp | 2.6 bp −$3 | 8.2 bp −$82 | 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 | 4.3079 | −0.147% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3133 | −0.022% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3198 | +0.130% | $162K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3081 | −0.141% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.015% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3120 | −0.052% | $110K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3130 | −0.029% | $217.8M | $430.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3130 | −0.029% | $60.6M | $291.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3160 | +0.041% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3091 | −0.119% | $35.2M | $62.4M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3110 | −0.075% | $52.3M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3098 | −0.103% | $71.3M | $128.1M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3217 | +0.172% | $8.7M | $18.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3097 | −0.105% | $250K | $899K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3190 | +0.110% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3170 | +0.064% | $165K | $813K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3141 | −0.003% | $282K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3123 | −0.045% | $57K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3200 | +0.134% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3105 | −0.086% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3130 | −0.029% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3123 | −0.044% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3087 | −0.127% | $3.6M | $17.2M | 25x | as long as short |
| HTX NEAR-USDT | +0.0120% | 8h | 4.3240 | +0.226% | $461K | $3.8M | 75x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3125 | −0.040% | $201K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0180% | 8h | 4.3141 | −0.003% | $938K | $25.2M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0185% | 8h | 4.3113 | −0.067% | $2.7M | $4.8M | 50x | as long as short |
| Binance NEARUSDT | +0.0188% | 8h | 4.3130 | −0.029% | $261.8M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0189% | 8h | 4.3110 | −0.075% | $82.9M | $150.8M | 200x | as long as short |
| BingX NEAR-USDT | +0.0199% | 8h | 4.3110 | −0.075% | — | $145.1M | — | as long as short |
| Hyperliquid NEAR | +0.0203% | 1h | 4.3118 | −0.056% | $347.8M | $315.5M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0248% | 1h | 4.3140 | −0.005% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0309% | 8h | 4.3250 | +0.250% | $13.3M | $31.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0316% / S −0.0204% | 1h | 4.3118 | −0.057% | $232K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0406% | 1h | 4.3217 | +0.173% | $1.1M | $7.0M | 20x | as long as short |
| Nado NEAR-PERP | +0.0442% | 1h | 4.3105 | −0.085% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3140 | −0.005% | $2.3M | $16.8M | 50x | as long as short |
| Lighter RH NEARshort | +0.0536% | 1h | 4.3162 | +0.046% | $1.5M | $6.6M | 10x | |
| Lighter NEAR | +0.0632% | 1h | 4.3164 | +0.049% | $17.0M | $25.1M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3160 | +0.041% | $225K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0725% | 1h | 4.3135 | −0.017% | $1.9M | $13.2M | 25x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3157 | +0.034% | $406K | $1.5M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3233 | +0.210% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDClong | +0.0965% | 1h | 4.3142 | long leg | $598K | $1.4M | 10x | |
| Aftermath Perps NEARUSD | +0.1239% | 1h | 4.3187 | +0.104% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
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
Extended NEAR-USD
HTX NEAR-USDT
Aevo NEAR-PERP
Kalshi KXNEARPERP
Aster NEARUSDT
Binance NEARUSDT
MEXC NEAR_USDT
BingX NEAR-USDT
Hyperliquid NEAR
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
Lighter NEAR
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD