Funding you earn now, next payment 04:00 UTC+0.0243%/8h= +26.7% APRnext payment +$0.30 per $10,000 · paid last 24h +0.185%
Price spread now: Hyperliquid against ApeX Omni−0.294%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$490.495% of the position
Funding, last 7 days+0.380%+$38 on $10k
+Price spread, last 4 days (all we have)−0.176%−$18 · spread now −0.294%, 7d avg +0.053%
=Together, before fees+0.204%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.347% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.294% now, against its 7-day average of +0.053%). If the spread goes back, that is −$35 on $10k: about 4.8 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NEARUSDT | 4.4950 | 0.0100 | pay 0.0013% / 1h | 50m 40s | $173K | $792K | 50x |
| Short | Hyperliquid NEAR | 4.4818 | 0.0343 | get 0.0043% / 1h | 50m 40s | $371.5M | $325.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against ApeX Omni. 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
- $51.12
- Price spread: −0.294% → +0.053%
- −$34.7
- Slippage, 4 orders
- −$30.47
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$33.06
- Costs to cover
- 0.495%
- Break-even
- 11.5 days
Slippage from ApeX Omni: live order book, 8 min ago; Hyperliquid: live order book, 3 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 ApeX Omni live order book, 8 min ago | 7.82 bp | 15.5 bp −$16 | 93.3 bp −$933 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.12 bp | 9.0 bp −$9 | doesn't fit | 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 | 4.4797 | −0.340% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4796 | −0.343% | $2.2M | $15.4M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4694 | −0.569% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4837 | −0.251% | $619K | $22.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4818 | −0.293% | $167K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.875% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4670 | −0.623% | $117K | $517K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4740 | −0.466% | $425K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4693 | −0.571% | $274.0M | $1.11B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4626 | −0.721% | $223.7M | $425.3M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4610 | −0.756% | $64.0M | $303.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5100 | +0.334% | $257K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4644 | −0.681% | $32.2M | $62.6M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4700 | −0.556% | $76.8M | $146.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4770 | −0.400% | $55.4M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4620 | −0.734% | $73.4M | $130.6M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4650 | −0.667% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4797 | −0.340% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4912 | −0.084% | $269K | $977K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4926 | −0.054% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDTlong | +0.0100% | 1h | 4.4950 | long leg | $173K | $792K | 50x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4834 | −0.258% | $235K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4806 | −0.320% | $57K | $237K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4880 | −0.156% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4803 | −0.327% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4910 | −0.089% | $467K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4780 | −0.378% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4730 | −0.490% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4825 | −0.278% | $208K | $40K | 3x | as long as short |
| Extended NEAR-USD | +0.0216% | 1h | 4.4607 | −0.764% | $4.0M | $19.6M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4840 | −0.245% | $14.2M | $33.6M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0265% | 1h | 4.4818 | −0.294% | $1.4M | $6.7M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0296% | 1h | 4.4687 | −0.585% | $13K | $7K | 10x | as long as short |
| Aster NEARUSDT | +0.0307% | 8h | 4.4815 | −0.300% | $3.1M | $5.6M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0339% / S −0.0216% | 1h | 4.4821 | −0.286% | $250K | — | 100x | as long as short |
| Hyperliquid NEARshort | +0.0343% | 1h | 4.4818 | −0.294% | $371.5M | $325.0M | 10x | |
| Nado NEAR-PERP | +0.0494% | 1h | 4.4783 | −0.371% | $1.9M | $3.1M | 10x | as long as short |
| Lighter RH NEAR | +0.0544% | 1h | 4.4794 | −0.347% | $1.6M | $7.1M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0579% | 1h | 4.4821 | −0.288% | $8.3M | $40.3M | 50x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4730 | −0.489% | $221K | $1.8M | 10x | as long as short |
| Lighter NEAR | +0.0696% | 1h | 4.4769 | −0.402% | $18.0M | $26.1M | 15x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.5018 | +0.151% | $1.9M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0866% | 1h | 4.4847 | −0.229% | $2.1M | $6.5M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4722 | −0.506% | $565K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1582% | 1h | 4.4888 | −0.138% | $6K | $12K | 10x | as long as short |
ApeX Omni NEARUSDT
Hyperliquid NEAR
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Kraken Futures PF_NEARUSD
Lighter NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Aftermath Perps NEARUSD