Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0676%/8h= +74.0% APRnext payment +$0.85 per $10,000 · paid last 24h +0.044%
Price spread now: Lighter RH against SoDEX−0.071%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. Lighter RH is 0.071% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$20 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.39350.0100pay 0.0013% / 1h50m 27s$5K$51K10x
ShortLighter RH NEAR4.39040.0776get 0.0097% / 1h50m 27s$1.6M$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against SoDEX. 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

Funding earned
$141.96
Price spread: −0.071% → 0.000%
−$7.06
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$126.9
Costs to cover
0.080%
Break-even
0.7 days
Slippage unknown: SoDEX: no order-book sample; Lighter RH: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Lighter RH live order book, 3 min ago1.82 bp3.8 bp −$411.3 bp −$113doesn't fitdoesn'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 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3678−0.586%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.3907−0.064%$2.2M$14.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.3816−0.270%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3889−0.105%$550K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3918−0.038%$199K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.747%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3780−0.353%$115K$484K50xas long as short
Pacifica NEAR+0.0100%1h4.3876−0.135%$414K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3800−0.307%$265.9M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3709−0.514%$221.0M$416.7M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3680−0.580%$62.4M$288.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3657−0.633%$249K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3829−0.241%$31.5M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3680−0.580%$75.4M$139.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3840−0.216%$54.7M$43.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3698−0.539%$71.7M$126.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3810−0.285%$144.1Mas long as short
Variational Omni NEAR+0.0100%8h4.3926−0.019%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3800−0.306%$268K$994K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3770−0.376%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3790−0.330%$195K$778K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3788−0.335%$205K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3955+0.046%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3980+0.102%$1K$1.4M20xas long as short
SoDEX NEAR-USDlong+0.0100%1h4.3935long leg$5K$51K10x
HTX NEAR-USDT+0.0100%8h4.4060+0.285%$460K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3940+0.011%$3.9M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3858−0.175%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3789−0.333%$3.8M$18.5M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3942+0.016%$205K$34K3xas long as short
Aster NEARUSDT+0.0202%8h4.3887−0.109%$3.0M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0349% / S −0.0244%1h4.3918−0.038%$257K100xas long as short
Nado NEAR-PERP+0.0378%1h4.3730−0.467%$1.9M$3.0M10xas long as short
01 Exchange NEARUSD+0.0408%1h4.3787−0.337%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.3850−0.193%$209K$1.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0478%1h4.3974+0.089%$1.9M$4.3M25xas long as short
Backpack NEAR_USDC_PERP+0.0695%1h4.3922−0.030%$1.4M$6.4M20xas long as short
Kraken Futures PF_NEARUSD+0.0701%1h4.3967+0.072%$8.2M$41.0M50xas long as short
Lighter RH NEARshort+0.0776%1h4.3904−0.071%$1.6M$6.9M10x
Hyperliquid NEAR+0.0786%1h4.3764−0.389%$368.8M$304.3M10xas long as short
Phoenix NEAR+0.0855%1h4.3944+0.020%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.3824−0.254%$552K$1.3M10xas long as short
Lighter NEAR+0.1080%1h4.3949+0.033%$17.6M$25.6M15xas long as short
Aftermath Perps NEARUSD+0.1671%1h4.3812−0.281%$6K$12K10xas long as short