Funding you earn now, next payment 00:00 UTC+0.1596%/8h= +174.8% APRnext payment +$2.00 per $10,000 · paid last 24h +0.188%
Price spread now: Lighter against SoDEX+0.286%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and Lighter is 0.286% dearer against SoDEX than usual: you sell high and buy low: +$29 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 | SoDEX NEAR-USD | 4.2755 | 0.0100 | pay 0.0013% / 1h | 13m 19s | $4K | $54K | 10x |
| Short | Lighter NEAR | 4.2877 | 0.1696 | get 0.0212% / 1h | 13m 19s | $16.6M | $24.2M | 15x |
SoDEX NEAR-USD
Lighter NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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
- $335.16
- Price spread: +0.286% → 0.000%
- $28.56
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $355.72
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 5 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 5 min ago | 2.29 bp | 4.2 bp −$4 | 16.1 bp −$161 | 72.5 bp −$7,248 | doesn't fit |
SoDEX: 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 | 4.2711 | −0.103% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2745 | −0.023% | $2.2M | $13.1M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2663 | −0.216% | $111K | $62K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2667 | −0.206% | $366K | $18.7M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2778 | +0.053% | $203K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.146% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0047% | 8h | 4.2759 | +0.009% | $7.9M | $18.5M | — | as long as short |
| Bybit NEARUSDT | +0.0052% | 8h | 4.2740 | −0.035% | $217.8M | $422.6M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0072% | 1h | 4.2685 | −0.164% | $13K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2690 | −0.152% | $109K | $495K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Variational Omni NEAR
Bybit NEARUSDT
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2666 | −0.207% | $31K | $647 | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2788 | +0.077% | $57K | $194K | 20x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2700 | −0.130% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2675 | −0.186% | $400K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2742 | −0.030% | $253.1M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2760 | +0.012% | $60.7M | $286.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2680 | −0.175% | $195K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2950 | +0.456% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2737 | −0.042% | $30.9M | $60.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2730 | −0.058% | $78.1M | $142.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2750 | −0.012% | $55.8M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2742 | −0.030% | $70.9M | $126.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2750 | −0.012% | — | $140.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2693 | −0.145% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2783 | +0.065% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2690 | −0.152% | $178K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2731 | −0.056% | $196K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2780 | +0.058% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USDlong | +0.0100% | 1h | 4.2755 | long leg | $4K | $54K | 10x | |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2710 | −0.105% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2723 | −0.074% | $3.9M | $16.2M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2770 | +0.035% | $202K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0118% | 1h | 4.2790 | +0.082% | $7.6M | $37.6M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2710 | −0.105% | $13.1M | $29.3M | 75x | as long as short |
| Lighter RH NEAR | +0.0320% | 1h | 4.2823 | +0.159% | $1.6M | $7.1M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0314% | 1h | 4.2765 | +0.024% | $274K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2688 | −0.156% | $418K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0442% | 1h | 4.2575 | −0.421% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2892 | +0.320% | $1.8M | $2.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0475% | 1h | 4.2815 | +0.140% | $1.9M | $2.5M | 25x | as long as short |
| Hyperliquid NEAR | +0.0673% | 1h | 4.2780 | +0.058% | $365.5M | $301.0M | 10x | as long as short |
| Nado NEAR-PERP | +0.0674% | 1h | 4.2710 | −0.104% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0774% | 8h | 4.2790 | +0.082% | $457K | $3.7M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1115% | 1h | 4.2758 | +0.008% | $5K | $12K | 10x | as long as short |
| Lighter NEARshort | +0.1696% | 1h | 4.2877 | +0.286% | $16.6M | $24.2M | 15x |
Paradex NEAR-USD-PERP
Orderly PERP_NEAR_USDC
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
SunX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
Nado NEAR-PERP
HTX NEAR-USDT
Aftermath Perps NEARUSD