Funding you earn now, next payment 06:00 UTC−0.0356%/8h= −38.9% APRpaid last 24h −0.181%
Price spread now: Paradex against Hyperliquid−0.247%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Paradex is 0.247% cheaper against Hyperliquid than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEAR | 4.2829 | 0.0456 | pay 0.0057% / 1h | 56m 29s | $349.9M | $314.2M | 10x |
| Short | Paradex NEAR-USD-PERP | 4.2723 | 0.0100 | get 0.0100% / 8h | 2h 56m | $31K | $608 | 10x |
Hyperliquid NEAR
Paradex NEAR-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$74.67
- Price spread: −0.247% → 0.000%
- −$24.68
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$112.36
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; Paradex: no order-book sample. Net counts fees only.
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, 8 min ago | 0.12 bp | 5.2 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.2791 | −0.088% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2759 | −0.162% | $105K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2730 | −0.232% | $160K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.313% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2760 | −0.161% | $110K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2790 | −0.091% | $260.9M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2779 | −0.117% | $212.1M | $427.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2780 | −0.114% | $60.2M | $285.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2973 | +0.336% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2731 | −0.229% | $31.8M | $59.3M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2780 | −0.114% | $70.5M | $142.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2740 | −0.208% | $53.0M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2795 | −0.079% | $70.8M | $127.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2740 | −0.208% | — | $144.8M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2857 | +0.067% | $8.1M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2924 | +0.222% | $251K | $951K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2903 | +0.173% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2910 | +0.189% | $165K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2790 | −0.091% | $277K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2792 | −0.086% | $57K | $241K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2870 | +0.096% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2820 | −0.021% | $456K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2780 | −0.114% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERPshort | +0.0100% | 8h | 4.2723 | −0.247% | $31K | $608 | 10x | |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2694 | −0.316% | $199K | $37K | 3x | as long as short |
| Nado NEAR-PERP | +0.0175% | 1h | 4.2770 | −0.137% | $1.7M | $3.2M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2820 | −0.021% | $13.3M | $31.6M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0255% | 8h | 4.2780 | −0.114% | $799K | $24.3M | 2.2x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.2786 | −0.100% | $2.3M | $15.8M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0195% | 1h | 4.2695 | −0.312% | $229K | — | 100x | as long as short |
| Lighter NEAR | +0.0328% | 1h | 4.2769 | −0.141% | $16.8M | $24.8M | 15x | as long as short |
| Aster NEARUSDT | +0.0329% | 8h | 4.2776 | −0.124% | $2.8M | $5.5M | 50x | as long as short |
| Lighter RH NEAR | +0.0448% | 1h | 4.2729 | −0.233% | $1.5M | $7.2M | 10x | as long as short |
| Hyperliquid NEARlong | +0.0456% | 1h | 4.2829 | long leg | $349.9M | $314.2M | 10x | |
| Extended NEAR-USD | +0.0528% | 1h | 4.2744 | −0.199% | $3.7M | $19.8M | 25x | as long as short |
| 01 Exchange NEARUSD | +0.0568% | 1h | 4.2829 | 0.000% | $13K | $7K | 10x | as long as short |
| SoDEX NEAR-USD | +0.0568% | 1h | 4.2765 | −0.149% | $6K | $53K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0621% | 1h | 4.2795 | −0.079% | $1.3M | $6.8M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0740% | 1h | 4.2757 | −0.168% | $7.5M | $38.9M | 50x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.2790 | −0.091% | $210K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.2752 | −0.179% | $392K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.2978 | +0.348% | $1.8M | $2.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.2790 | −0.092% | $665K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1510% | 1h | 4.2905 | +0.177% | $5K | $12K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.6673% | 1h | 4.3049 | +0.514% | $1.9M | $10.1M | 25x | as long as short |
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
HTX NEAR-USDT
Phemex NEARUSDT
Aevo NEAR-PERP
Nado NEAR-PERP
BloFin NEAR-USDT
Kalshi KXNEARPERP
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Lighter NEAR
Aster NEARUSDT
Lighter RH NEAR
Extended NEAR-USD
01 Exchange NEARUSD
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL