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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0584%/8h= +63.9% APRnext payment +$0.73 per $10,000 · paid last 24h +0.214%
Price spread now: Lighter against 01 Exchange+0.014%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange NEARUSD4.35320.0520pay 0.0065% / 1h16m 30s$13K$7K10x
ShortLighter NEAR4.35380.1104get 0.0138% / 1h16m 30s$17.6M$25.1M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. 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
$122.64
Price spread: +0.014% → 0.000%
$1.42
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$117.06
Costs to cover
0.070%
Break-even
0.3 days
Slippage unknown: 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Lighter live order book, 7 min ago2.77 bp4.1 bp −$412.6 bp −$12668.2 bp −$6,818doesn't fit
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3459−0.167%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3473−0.135%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3479−0.123%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.875%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3516−0.037%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3460−0.165%$110K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3510−0.051%$266.1M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3460−0.165%$215.0M$425.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3460−0.165%$61.6M$289.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3250−0.647%$246K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3484−0.110%$32.2M$61.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3530−0.005%$74.2M$146.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3520−0.028%$54.0M$45.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3470−0.142%$71.7M$127.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3500−0.074%$144.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3327−0.470%$8.2M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3370−0.372%$253K$949K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3370−0.372%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3460−0.165%$167K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3492−0.092%$274K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3540+0.018%$58K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3590+0.133%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3640+0.248%$473K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3550+0.041%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3476−0.129%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3543+0.024%$202K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3600+0.156%$13.6M$32.3M75xas long as short
Pacifica NEAR+0.0263%1h4.3504−0.064%$402K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0284%8h4.3496−0.083%$873K$23.4M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0324% / S −0.0198%1h4.3491−0.093%$235K100xas long as short
Aster NEARUSDT+0.0336%8h4.3510−0.051%$2.9M$5.5M50xas long as short
SoDEX NEAR-USD+0.0367%1h4.3515−0.039%$6K$53K10xas long as short
01 Exchange NEARUSDlong+0.0520%1h4.3532long leg$13K$7K10x
Nado NEAR-PERP+0.0559%1h4.3453−0.182%$1.8M$3.1M10xas long as short
Hyperliquid NEAR+0.0588%1h4.3503−0.067%$356.2M$314.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0595%1h4.3540+0.018%$1.3M$6.7M20xas long as short
Extended NEAR-USD+0.0600%1h4.3492−0.093%$3.8M$20.0M25xas long as short
Arcus NEAR-USD+0.0627%1h4.3520−0.028%$214K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0708%1h4.3542+0.023%$7.6M$39.0M50xas long as short
Lighter RH NEAR+0.0912%1h4.3560+0.064%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3602+0.161%$1.8M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1015%1h4.3544+0.028%$1.9M$9.5M25xas long as short
Lighter NEARshort+0.1104%1h4.3538+0.014%$17.6M$25.1M15x
RISEx NEAR/USDC+0.1162%1h4.3502−0.069%$687K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1576%1h4.3502−0.069%$5K$13K10xas long as short