Funding you earn now, next payment 05:00 UTC+0.0525%/8h= +57.5% APRpaid last 24h +0.181%
Price spread now: Hyperliquid against Gate−0.002%7-day average +0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days+0.414%+$41 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.002%, 7d avg +0.109%
=Together, before fees+0.406%+ Points / potential airdropHyperliquid: Season 2 · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.111% cheaper against Gate than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.109%). If the spread goes back, that is −$11 on $10k: about 17 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.414% in total) that is about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NEAR_USDT | 4.3492 | 0.0100 | pay 0.0100% / 8h | 3h 32m | $32.1M | $61.1M | 75x |
| Short | Hyperliquid NEAR | 4.3491 | 0.0625 | get 0.0078% / 1h | 32m 36s | $356.6M | $317.6M | 10x |
Gate NEAR_USDT
Hyperliquid NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Gate. 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
- $110.24
- Price spread: −0.002% → +0.109%
- −$11.13
- Slippage, 4 orders
- −$20.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $54.98
- Costs to cover
- 0.441%
- Break-even
- 3.5 days
Slippage from Gate: live order book, 1 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 Gate live order book, 1 min ago | 3.34 bp | 16.5 bp −$17 | 21.4 bp −$214 | 38.5 bp −$3,852 | 59.9 bp −$29.9K |
| Sell Hyperliquid live order book, 11 min ago | 0.12 bp | 6.2 bp −$6 | 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 | 4.3365 | −0.292% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3462 | −0.069% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3388 | −0.239% | $162K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.787% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3435 | −0.131% | $2.4M | $15.8M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3530 | +0.087% | $110K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3573 | +0.187% | $266.7M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3519 | +0.062% | $216.1M | $428.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3530 | +0.087% | $61.8M | $293.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3412 | −0.184% | $247K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDTlong | +0.0100% | 8h | 4.3492 | long leg | $32.1M | $61.1M | 75x | |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3530 | +0.087% | $73.1M | $145.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3480 | −0.028% | $53.9M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3490 | −0.005% | $71.3M | $128.7M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3510 | +0.041% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3327 | −0.378% | $8.4M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3442 | −0.115% | $254K | $949K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3440 | −0.119% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3460 | −0.074% | $167K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3399 | −0.214% | $289K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3457 | −0.080% | $57K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3530 | +0.087% | $1K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3460 | −0.074% | $471K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3440 | −0.120% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3475 | −0.040% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3448 | −0.100% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3440 | −0.120% | $13.6M | $32.3M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3485 | −0.016% | $408K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0267% | 8h | 4.3363 | −0.297% | $769K | $23.3M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0321% / S −0.0193% | 1h | 4.3387 | −0.241% | $233K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0326% | 8h | 4.3555 | +0.144% | $2.9M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0399% | 1h | 4.3435 | −0.131% | $8K | $49K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0504% | 1h | 4.3451 | −0.094% | $1.4M | $6.6M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0512% | 1h | 4.3584 | +0.212% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0571% | 1h | 4.3525 | +0.076% | $1.8M | $3.1M | 10x | as long as short |
| Hyperliquid NEARshort | +0.0625% | 1h | 4.3491 | −0.002% | $356.6M | $317.6M | 10x | |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3590 | +0.225% | $213K | $1.6M | 10x | as long as short |
| Extended NEAR-USD | +0.0664% | 1h | 4.3483 | −0.021% | $3.8M | $20.0M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0709% | 1h | 4.3457 | −0.081% | $7.6M | $39.4M | 50x | as long as short |
| Lighter RH NEAR | +0.0848% | 1h | 4.3507 | +0.034% | $1.5M | $7.4M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3543 | +0.117% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1040% | 1h | 4.3466 | −0.060% | $1.9M | $8.9M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3581 | +0.206% | $688K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.1168% | 1h | 4.3557 | +0.149% | $17.6M | $24.9M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1570% | 1h | 4.3419 | −0.168% | $5K | $13K | 10x | as long as short |
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Pacifica NEAR
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Nado NEAR-PERP
Arcus NEAR-USD
Extended NEAR-USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD