Funding you earn now, next payment 09:00 UTC+0.0306%/8h= +33.5% APRnext payment +$0.38 per $10,000 · paid last 24h +0.206%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.184%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$281as in the Price arb table
costs, in and out, $10k−$2882.876% of the position
Funding, last 4 days (all we have)+0.446%+$45 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.184%, 7d avg +0.121%
=Together, before fees+0.333%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.063% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) NEAR/USD | 4.3680 | L +0.0004% / S −0.0006% | pay 0.0001% / 1h | 57m 39s | $163K | — | 150x |
| Short | Hyperliquid NEAR | 4.3760 | 0.0310 | get 0.0039% / 1h | 57m 39s | $353.1M | $317.2M | 10x |
gTrade (Gains Network) NEAR/USD
Hyperliquid NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against gTrade (Gains Network). 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
- $64.18
- Price spread: +0.184% → +0.121%
- $6.31
- Slippage, 4 orders
- −$268.64
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$217.16
- Costs to cover
- 2.876%
- Break-even
- 30.7 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 41 min ago; Hyperliquid: live order book, 6 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 gTrade (Gains Network) virtual book (oracle venue), 41 min ago | 130.01 bp | 135.0 bp −$135 | 875.9 bp −$8,759 | 9405.5 bp −$940.6K | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.12 bp | 7.7 bp −$8 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0432% | 1h | 4.3718 | +0.088% | $7.2M | $38.6M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3707 | +0.063% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3717 | +0.087% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USDlong | L +0.0004% / S −0.0006% | 1h | 4.3680 | long leg | $163K | — | 150x | |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.196% | $578 | $301K | 12x | as long as short |
| Gate NEAR_USDT | +0.0060% | 8h | 4.3706 | +0.061% | $36.1M | $61.6M | 75x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3650 | −0.068% | $115K | $500K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3717 | +0.087% | $2.7M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3710 | +0.070% | $220.5M | $430.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3690 | +0.024% | $61.6M | $296.6M | 50x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
Injective NEAR/USDC PERP
Gate NEAR_USDT
Popdex NEARUSDT
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.3720 | +0.093% | $229K | $1.5M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3688 | +0.019% | $252K | $3K | 10x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3730 | +0.116% | $53.0M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3701 | +0.049% | $72.3M | $127.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3629 | −0.115% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3577 | −0.234% | $253K | $897K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3670 | −0.022% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3590 | −0.205% | $166K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3652 | −0.063% | $272K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3730 | +0.116% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3720 | +0.093% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3729 | +0.113% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3670 | −0.022% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3706 | +0.061% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3691 | +0.027% | $3.6M | $16.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3725 | +0.104% | $203K | $40K | 3x | as long as short |
| MEXC NEAR_USDT | +0.0138% | 8h | 4.3720 | +0.093% | $89.2M | $152.4M | 200x | as long as short |
| Binance NEARUSDT | +0.0138% | 8h | 4.3730 | +0.116% | $264.2M | $1.09B | 75x | as long as short |
| BingX NEAR-USDT | +0.0144% | 8h | 4.3710 | +0.070% | — | $83.0M | — | as long as short |
| Nado NEAR-PERP | +0.0156% | 1h | 4.3695 | +0.035% | $1.7M | $3.2M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0163% | 8h | 4.3681 | +0.003% | $909K | $25.1M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0258% | 8h | 4.3770 | +0.207% | $13.3M | $32.3M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0288% | 1h | 4.3741 | +0.141% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEARshort | +0.0310% | 1h | 4.3760 | +0.184% | $353.1M | $317.2M | 10x | |
| HTX NEAR-USDT | +0.0340% | 8h | 4.3790 | +0.253% | $463K | $3.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0344% / S −0.0244% | 1h | 4.3679 | 0.000% | $254K | — | 100x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3740 | +0.139% | $2.3M | $17.0M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0631% | 1h | 4.3734 | +0.125% | $1.1M | $7.2M | 20x | as long as short |
| Lighter RH NEAR | +0.0656% | 1h | 4.3764 | +0.193% | $1.5M | $6.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3659 | −0.046% | $601K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0664% | 1h | 4.3772 | +0.212% | $17.2M | $23.7M | 15x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3720 | +0.092% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3666 | −0.031% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1093% | 1h | 4.3674 | −0.012% | $5K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.3204% | 1h | 4.3865 | +0.425% | $1.9M | $13.1M | 25x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
KuCoin NEARUSDTM
Bitget NEARUSDT
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
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
MEXC NEAR_USDT
Binance NEARUSDT
BingX NEAR-USDT
Nado NEAR-PERP
Kalshi KXNEARPERP
BloFin NEAR-USDT
01 Exchange NEARUSD
HTX NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Lighter RH NEAR
RISEx NEAR/USDC
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL