Funding you earn now, next payment 00:00 UTC+0.1280%/8h= +140.2% APRpaid last 24h +0.143%
Price spread now: Hyperliquid against BloFin+0.286%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 3 days (all we have)−0.284%−$28 · spread now +0.286%, 7d avg +0.119%
=Together, before fees−0.131%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Hyperliquid is 0.167% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.119%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.0% 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 | BloFin NEAR-USDT | 4.3310 | 0.0220 | pay 0.0220% / 8h | 53m 17s | $13.0M | $32.7M | 75x |
| Short | Hyperliquid NEAR | 4.3434 | 0.1500 | get 0.0188% / 1h | 53m 17s | $376.2M | $296.1M | 10x |
BloFin NEAR-USDT
Hyperliquid NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- $268.81
- Price spread: +0.286% → +0.119%
- $16.73
- Slippage, 4 orders
- −$16.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $248.26
- Costs to cover
- 0.373%
- Break-even
- 0.5 days
Slippage from BloFin: 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 BloFin live order book, 6 min ago | 3.49 bp | 9.5 bp −$9 | 13.0 bp −$130 | 36.5 bp −$3,649 | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 1.28 bp | 6.2 bp −$6 | 9.3 bp −$93 | 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 | 4.3304 | −0.014% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.3355 | +0.104% | $2.2M | $13.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3392 | +0.189% | $112K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3363 | +0.122% | $415K | $18.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3352 | +0.097% | $209K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.387% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3340 | +0.069% | $108K | $495K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3395 | +0.197% | $31K | $647 | 10x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3409 | +0.228% | $407K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3339 | +0.068% | $255.7M | $1.07B | 75x | 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
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Pacifica NEAR
Binance NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | +0.0100% | 8h | 4.3305 | −0.012% | $223.5M | $420.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3320 | +0.023% | $61.8M | $288.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3350 | +0.092% | $199K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3063 | −0.571% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3346 | +0.083% | $30.7M | $58.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3340 | +0.069% | $81.6M | $139.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3360 | +0.115% | $57.0M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3331 | +0.048% | $72.2M | $126.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3320 | +0.023% | — | $138.0M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3159 | −0.348% | $8.1M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3254 | −0.129% | $270K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3290 | −0.046% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3230 | −0.185% | $181K | $789K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3369 | +0.136% | $209K | $3.3M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3348 | +0.088% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3390 | +0.185% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3327 | +0.039% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3330 | +0.046% | $4.0M | $8.1M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3322 | +0.028% | $4.4M | $15.2M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3345 | +0.081% | $209K | $62K | 3x | as long as short |
| Aster NEARUSDT | +0.0104% | 8h | 4.3388 | +0.181% | $3.1M | $5.5M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0117% | 1h | 4.3341 | +0.071% | $7.6M | $36.8M | 50x | as long as short |
| BloFin NEAR-USDTlong | +0.0220% | 8h | 4.3310 | long leg | $13.0M | $32.7M | 75x | |
| 01 Exchange NEARUSD | +0.0248% | 1h | 4.3372 | +0.143% | $13K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0258% | 1h | 4.3370 | +0.139% | $1.9M | $2.3M | 25x | as long as short |
| Lighter RH NEAR | +0.0384% | 1h | 4.3388 | +0.180% | $1.6M | $7.0M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0392% / S −0.0343% | 1h | 4.3342 | +0.075% | $294K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.3374 | +0.147% | $418K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.3418 | +0.249% | $1.8M | $2.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0600% | 1h | 4.3394 | +0.194% | $1.3M | $5.6M | 20x | as long as short |
| Nado NEAR-PERP | +0.0720% | 1h | 4.3318 | +0.019% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0905% | 8h | 4.3510 | +0.462% | $464K | $3.6M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1153% | 1h | 4.3216 | −0.217% | $5K | $11K | 10x | as long as short |
| Hyperliquid NEARshort | +0.1500% | 1h | 4.3434 | +0.286% | $376.2M | $296.1M | 10x | |
| Lighter NEAR | +0.2200% | 1h | 4.3457 | +0.339% | $16.7M | $23.6M | 15x | as long as short |
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
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
Aster NEARUSDT
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Phoenix NEAR
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR