Funding you earn now, next payment 00:00 UTC−0.1434%/8h= −157.0% APRpaid last 24h −0.178%
Price spread now: edgeX against Hyperliquid−0.572%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days−0.339%−$34 on $10k
+Price spread, last 3 days (all we have)+0.693%+$69 · spread now −0.572%, 7d avg −0.112%
=Together, before fees+0.353%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$43 a day on $10k at the current rate, and edgeX is 0.460% cheaper against Hyperliquid than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of −0.112%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.339% in total (about -17.7% 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 | Hyperliquid NEAR | 4.3441 | 0.1534 | pay 0.0192% / 1h | 54m 56s | $375.3M | $299.9M | 10x |
| Short | edgeX NEARUSDC | 4.3192 | 0.0100 | get 0.0050% / 4h | 54m 56s | $270K | $1.2M | 20x |
Hyperliquid NEAR
edgeX NEARUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Hyperliquid. 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
- −$301.12
- Price spread: −0.572% → −0.112%
- −$45.99
- Slippage, 4 orders
- −$24.78
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$389.88
- Costs to cover
- 0.428%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; edgeX: live order book, 4 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 Hyperliquid live order book, 9 min ago | 1.28 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 6.95 bp | 12.4 bp −$12 | 31.3 bp −$313 | 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 | 4.3272 | −0.388% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.3220 | −0.509% | $2.2M | $13.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3250 | −0.441% | $112K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3243 | −0.456% | $413K | $18.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3290 | −0.348% | $209K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.675% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3290 | −0.348% | $108K | $495K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3269 | −0.396% | $31K | $647 | 10x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3258 | −0.420% | $406K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3310 | −0.302% | $255.5M | $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 | 4.3290 | −0.348% | $223.4M | $420.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3310 | −0.302% | $61.8M | $288.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3280 | −0.371% | $199K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3063 | −0.871% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3325 | −0.267% | $30.7M | $58.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3330 | −0.256% | $81.4M | $139.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3360 | −0.186% | $56.8M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3329 | −0.258% | $72.1M | $126.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3310 | −0.302% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3159 | −0.649% | $8.1M | $17.9M | — | as long as short |
| edgeX NEARUSDCshort | +0.0100% | 4h | 4.3192 | −0.572% | $270K | $1.2M | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3177 | −0.608% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3230 | −0.486% | $181K | $789K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3317 | −0.285% | $216K | $3.3M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3299 | −0.327% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3340 | −0.232% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3289 | −0.350% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3250 | −0.440% | $4.0M | $8.1M | 50x | as long as short |
| Aster NEARUSDT | +0.0102% | 8h | 4.3370 | −0.163% | $3.1M | $5.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3317 | −0.287% | $4.0M | $14.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3282 | −0.367% | $208K | $62K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0117% | 1h | 4.3289 | −0.350% | $7.6M | $36.7M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3260 | −0.417% | $13.0M | $32.7M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0256% | 1h | 4.3327 | −0.262% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0392% / S −0.0343% | 1h | 4.3290 | −0.348% | $294K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0392% | 1h | 4.3356 | −0.196% | $1.6M | $7.0M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.3315 | −0.290% | $418K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.3220 | −0.509% | $1.8M | $2.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0582% | 1h | 4.3330 | −0.256% | $1.9M | $2.3M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0592% | 1h | 4.3379 | −0.143% | $1.3M | $5.6M | 20x | as long as short |
| Nado NEAR-PERP | +0.0720% | 1h | 4.3250 | −0.440% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0910% | 8h | 4.3420 | −0.048% | $463K | $3.6M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1144% | 1h | 4.3134 | −0.707% | $5K | $11K | 10x | as long as short |
| Hyperliquid NEARlong | +0.1534% | 1h | 4.3441 | long leg | $375.3M | $299.9M | 10x | |
| Lighter NEAR | +0.2112% | 1h | 4.3417 | −0.054% | $16.7M | $23.5M | 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-USDC
Variational Omni NEAR
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Aster NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
RISEx NEAR/USDC
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR