Funding you earn now, next payment 00:00 UTC+0.0763%/8h= +83.5% APRpaid last 24h +0.179%
Price spread now: Hyperliquid against Bitget+0.099%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs+$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$320.321% of the position
Funding, last 7 days+0.409%+$41 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.099%, 7d avg +0.129%
=Together, before fees+0.378%+ Points / potential airdropHyperliquid: Season 2 · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.030% cheaper against Bitget than usual: you would sell low and buy high (spread +0.099% now, against its 7-day average of +0.129%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.409% in total) that is about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.409% in total (about 21.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NEARUSDT | 4.2473 | 0.0100 | pay 0.0100% / 8h | 34m 22s | $70.5M | $126.1M | 75x |
| Short | Hyperliquid NEAR | 4.2515 | 0.0863 | get 0.0108% / 1h | 34m 22s | $365.1M | $298.4M | 10x |
Bitget NEARUSDT
Hyperliquid NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $160.22
- Price spread: +0.099% → +0.129%
- −$2.99
- Slippage, 4 orders
- −$11.06
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $125.17
- Costs to cover
- 0.321%
- Break-even
- 1.5 days
Slippage from Bitget: live order book, 5 min ago; Hyperliquid: live order book, 10 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 Bitget live order book, 5 min ago | 0.12 bp | 8.8 bp −$9 | 11.3 bp −$113 | 31.4 bp −$3,143 | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.05 bp | 5.8 bp −$6 | 9.2 bp −$92 | 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 | 4.2447 | −0.062% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2637 | +0.386% | $2.2M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2608 | +0.318% | $110K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2619 | +0.344% | $412K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2494 | +0.049% | $201K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −2.503% | $578 | $302K | 12x | as long as short |
| Bybit NEARUSDT | +0.0074% | 8h | 4.2444 | −0.068% | $217.3M | $421.7M | 75x | as long as short |
| Variational Omni NEAR | +0.0077% | 8h | 4.2580 | +0.252% | $7.9M | $18.3M | — | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2470 | −0.007% | $109K | $496K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2540 | +0.157% | $31K | $647 | 10x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Bybit NEARUSDT
Variational Omni NEAR
Popdex NEARUSDT
Paradex NEAR-USD-PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NEARUSDT | +0.0100% | 8h | 4.2504 | +0.074% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2603 | +0.307% | $401K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2480 | +0.016% | $252.0M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2470 | −0.007% | $60.5M | $283.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2530 | +0.134% | $201K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2674 | +0.473% | $243K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2480 | +0.016% | $29.9M | $59.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2460 | −0.031% | $77.4M | $141.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2500 | +0.064% | $55.5M | $43.5M | 75x | as long as short |
| Bitget NEARUSDTlong | +0.0100% | 8h | 4.2473 | long leg | $70.5M | $126.1M | 75x | |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2480 | +0.016% | — | $138.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2657 | +0.433% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2667 | +0.457% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2640 | +0.393% | $178K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2477 | +0.009% | $196K | $3.4M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2487 | +0.033% | $56K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2520 | +0.111% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2609 | +0.320% | $13K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2610 | +0.323% | $3.8M | $8.4M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2483 | +0.023% | $3.9M | $16.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2485 | +0.029% | $205K | $62K | 3x | as long as short |
| 01 Exchange NEARUSD | +0.0112% | 1h | 4.2505 | +0.075% | $12K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2636 | +0.385% | $7.6M | $37.2M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0197% | 1h | 4.2509 | +0.085% | $1.8M | $2.3M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2570 | +0.228% | $12.9M | $29.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0374% / S −0.0314% | 1h | 4.2494 | +0.049% | $272K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0400% | 1h | 4.2655 | +0.429% | $1.5M | $7.0M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2502 | +0.068% | $413K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0453% | 1h | 4.2659 | +0.438% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2745 | +0.640% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0775% | 1h | 4.2440 | −0.078% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0841% | 8h | 4.2710 | +0.558% | $457K | $3.7M | 75x | as long as short |
| Hyperliquid NEARshort | +0.0863% | 1h | 4.2515 | +0.099% | $365.1M | $298.4M | 10x | |
| Aftermath Perps NEARUSD | +0.1164% | 1h | 4.2684 | +0.497% | $5K | $11K | 10x | as long as short |
| Lighter NEAR | +0.1712% | 1h | 4.2712 | +0.563% | $16.4M | $23.7M | 15x | as long as short |
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
01 Exchange NEARUSD
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Nado NEAR-PERP
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR