Funding you earn now, next payment 08:00 UTC+0.0304%/8h= +33.2% APRpaid last 24h +0.177%
Price spread now: Hyperliquid against Binance+0.058%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs+$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$230.231% of the position
Funding, last 7 days+0.442%+$44 on $10k
+Price spread, last 7 days−0.055%−$6 · spread now +0.058%, 7d avg +0.091%
=Together, before fees+0.386%+ Points / potential airdropHyperliquid: Season 2 · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.033% cheaper against Binance than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.091%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NEARUSDT | 4.3340 | 0.0215 | pay 0.0215% / 8h | 53m 01s | $263.3M | $1.09B | 75x |
| Short | Hyperliquid NEAR | 4.3365 | 0.0519 | get 0.0065% / 1h | 53m 01s | $351.6M | $314.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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
- $63.74
- Price spread: +0.058% → +0.091%
- −$3.29
- Slippage, 4 orders
- −$4.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $37.33
- Costs to cover
- 0.231%
- Break-even
- 2.9 days
Slippage from Binance: live order book, 6 min ago; Hyperliquid: live order book, 11 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 Binance live order book, 6 min ago | 1.16 bp | 6.2 bp −$6 | 11.1 bp −$111 | 31.5 bp −$3,155 | 100.3 bp −$50.1K |
| Sell Hyperliquid live order book, 11 min ago | 0.12 bp | 4.6 bp −$5 | 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 | 4.3298 | −0.098% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3275 | −0.149% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3267 | −0.168% | $162K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3314 | −0.059% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.453% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3330 | −0.023% | $105K | $491K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3317 | −0.053% | $218.9M | $431.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3320 | −0.046% | $61.0M | $291.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3150 | −0.437% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3323 | −0.039% | $35.3M | $61.6M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3360 | +0.046% | $52.5M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3320 | −0.046% | $71.8M | $128.2M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3187 | −0.353% | $8.6M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3229 | −0.257% | $251K | $897K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3380 | +0.092% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3220 | −0.277% | $163K | $804K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3340 | 0.000% | $280K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3307 | −0.076% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3390 | +0.115% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3335 | −0.012% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3440 | +0.231% | $453K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3330 | −0.023% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3289 | −0.118% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3282 | −0.134% | $3.6M | $17.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0136% | 1h | 4.3320 | −0.047% | $201K | $38K | 3x | as long as short |
| BingX NEAR-USDT | +0.0202% | 8h | 4.3330 | −0.023% | — | $144.8M | — | as long as short |
| Kalshi KXNEARPERP | +0.0205% | 8h | 4.3341 | +0.002% | $942K | $25.1M | 2.2x | as long as short |
| MEXC NEAR_USDT | +0.0214% | 8h | 4.3330 | −0.023% | $79.3M | $148.5M | 200x | as long as short |
| Binance NEARUSDTlong | +0.0215% | 8h | 4.3340 | long leg | $263.3M | $1.09B | 75x | |
| Aster NEARUSDT | +0.0237% | 8h | 4.3330 | −0.023% | $2.7M | $4.8M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0201% | 1h | 4.3273 | −0.154% | $232K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0335% | 8h | 4.3340 | 0.000% | $13.4M | $32.0M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0384% | 1h | 4.3338 | −0.005% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0407% | 1h | 4.3295 | −0.103% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0460% | 1h | 4.3360 | +0.046% | $1.2M | $7.0M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3330 | −0.023% | $2.3M | $16.6M | 50x | as long as short |
| Hyperliquid NEARshort | +0.0519% | 1h | 4.3365 | +0.058% | $351.6M | $314.6M | 10x | |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3330 | −0.023% | $228K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0728% | 1h | 4.3408 | +0.157% | $1.5M | $6.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0767% | 1h | 4.3326 | −0.032% | $1.9M | $13.0M | 25x | as long as short |
| Lighter NEAR | +0.0808% | 1h | 4.3393 | +0.122% | $17.1M | $24.9M | 15x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3306 | −0.078% | $408K | $1.5M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3382 | +0.097% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3329 | −0.025% | $650K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1293% | 1h | 4.3319 | −0.048% | $5K | $10K | 10x | as long as short |
Binance NEARUSDT
Hyperliquid NEAR
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
BingX NEAR-USDT
Kalshi KXNEARPERP
MEXC NEAR_USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD