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+0.0368%/8h= +40.3% APRnext payment +$0.46 per $10,000 · paid last 24h +0.037%
Price spread now: Lighter RH against 01 Exchange+0.020%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 RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter RH is 0.020% dearer against 01 Exchange than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange NEARUSD4.39430.0408pay 0.0051% / 1h51m 30s$13K$7K10x
ShortLighter RH NEAR4.39520.0776get 0.0097% / 1h51m 30s$1.6M$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
$77.28
Price spread: +0.020% → 0.000%
$2.05
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$72.33
Costs to cover
0.070%
Break-even
0.4 days
Slippage unknown: 01 Exchange: no order-book sample; Lighter RH: live order book, 2 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 RH live order book, 2 min ago1.82 bp3.8 bp −$411.3 bp −$113doesn't fitdoesn'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 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%1h4.3913−0.069%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.3764−0.407%$2.2M$14.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.3879−0.145%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3858−0.193%$550K$19.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.4046+0.235%$199K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.764%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3920−0.052%$115K$483K50xas long as short
Pacifica NEAR+0.0100%1h4.3954+0.025%$415K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3947+0.010%$266.8M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3921−0.050%$222.0M$416.7M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3890−0.121%$62.7M$289.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3657−0.651%$249K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3889−0.123%$31.6M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3910−0.075%$75.9M$139.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3910−0.075%$54.8M$43.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3921−0.050%$72.1M$126.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3950+0.016%$144.1Mas long as short
Variational Omni NEAR+0.0100%8h4.3808−0.308%$8.4M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3800−0.324%$268K$994K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3770−0.394%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3790−0.348%$195K$778K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3957+0.032%$206K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4058+0.262%$61K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4080+0.312%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4065+0.278%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4160+0.494%$462K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4060+0.266%$3.9M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3977+0.077%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3917−0.059%$3.8M$18.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4079+0.309%$205K$34K3xas long as short
Aster NEARUSDT+0.0202%8h4.4057+0.259%$3.0M$5.5M50xas long as short
Nado NEAR-PERP+0.0342%1h4.3898−0.103%$1.9M$3.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0349% / S −0.0243%1h4.4024+0.185%$258K100xas long as short
01 Exchange NEARUSDlong+0.0408%1h4.3943long leg$13K$7K10x
Arcus NEAR-USD+0.0410%1h4.3920−0.052%$209K$1.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0522%1h4.4095+0.346%$1.9M$4.3M25xas long as short
Backpack NEAR_USDC_PERP+0.0698%1h4.4129+0.423%$1.4M$6.4M20xas long as short
Kraken Futures PF_NEARUSD+0.0699%1h4.4104+0.367%$8.2M$41.0M50xas long as short
Lighter RH NEARshort+0.0776%1h4.3952+0.020%$1.6M$6.9M10x
Hyperliquid NEAR+0.0845%1h4.4135+0.437%$371.8M$304.1M10xas long as short
Phoenix NEAR+0.0855%1h4.3900−0.098%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.3923−0.045%$554K$1.3M10xas long as short
Lighter NEAR+0.1056%1h4.3991+0.108%$17.6M$25.5M15xas long as short
Aftermath Perps NEARUSD+0.1665%1h4.3755−0.428%$6K$12K10xas long as short