Funding you earn now, next payment 09:00 UTC+0.0176%/8h= +19.3% APRpaid last 24h +0.175%
Price spread now: Hyperliquid against OKX+0.199%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 7 days+0.413%+$41 on $10k
+Price spread, last 7 days−0.185%−$18 · spread now +0.199%, 7d avg +0.125%
=Together, before fees+0.229%+ Points / potential airdropHyperliquid: Season 2 · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.073% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.125%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NEAR-USDT-SWAP | 4.4280 | 0.0100 | pay 0.0100% / 8h | 7h 22m | $62.5M | $298.6M | 50x |
| Short | Hyperliquid NEAR | 4.4368 | 0.0276 | get 0.0034% / 1h | 22m 43s | $359.4M | $314.9M | 10x |
OKX NEAR-USDT-SWAP
Hyperliquid NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against OKX. 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
- $36.95
- Price spread: +0.199% → +0.125%
- $7.33
- Slippage, 4 orders
- −$12.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $13.1
- Costs to cover
- 0.312%
- Break-even
- 4.5 days
Slippage from OKX: 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 OKX live order book, 1 min ago | 1.13 bp | 8.8 bp −$9 | 17.5 bp −$175 | 44.8 bp −$4,483 | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.12 bp | 8.5 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 | −0.0427% | 1h | 4.4259 | −0.047% | $7.3M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4214 | −0.148% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4308 | +0.063% | $108K | $65K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4234 | −0.104% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.481% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4230 | −0.113% | $122K | $504K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4312 | +0.073% | $2.7M | $4.6M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4330 | +0.113% | $267.4M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4286 | +0.014% | $223.1M | $426.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAPlong | +0.0100% | 8h | 4.4280 | long leg | $62.5M | $298.6M | 50x |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.4310 | +0.068% | $224K | $1.5M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | −1.197% | $252K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4297 | +0.038% | $37.3M | $62.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4310 | +0.068% | $90.1M | $158.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4340 | +0.136% | $53.2M | $45.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4274 | −0.014% | $73.0M | $127.4M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4290 | +0.023% | — | $83.3M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3876 | −0.911% | $9.1M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3952 | −0.741% | $255K | $893K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3978 | −0.681% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3760 | −1.174% | $165K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4240 | −0.090% | $276K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4255 | −0.056% | $57K | $238K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4320 | +0.090% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4270 | −0.023% | $5K | $49K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4250 | −0.068% | $3.5M | $7.8M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4289 | +0.021% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4269 | −0.025% | $3.7M | $15.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4273 | −0.016% | $206K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0138% | 8h | 4.4082 | −0.447% | $874K | $25.5M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4300 | +0.045% | $12.7M | $32.6M | 75x | as long as short |
| Nado NEAR-PERP | +0.0233% | 1h | 4.4215 | −0.146% | $1.7M | $3.1M | 10x | as long as short |
| Hyperliquid NEARshort | +0.0276% | 1h | 4.4368 | +0.199% | $359.4M | $314.9M | 10x | |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.4260 | −0.045% | $13K | $6K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0356% / S −0.0258% | 1h | 4.4241 | −0.087% | $260K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0424% | 1h | 4.4372 | +0.208% | $1.5M | $6.5M | 10x | as long as short |
| Lighter NEAR | +0.0472% | 1h | 4.4369 | +0.202% | $17.5M | $24.0M | 15x | as long as short |
| HTX NEAR-USDT | +0.0487% | 8h | 4.4340 | +0.136% | $468K | $3.7M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.4153 | −0.287% | $2.3M | $17.3M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0539% | 1h | 4.4376 | +0.217% | $1.1M | $7.2M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.4300 | +0.046% | $599K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.4328 | +0.109% | $418K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.4057 | −0.504% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1020% | 1h | 4.3929 | −0.792% | $5K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1152% | 1h | 4.4298 | +0.041% | $1.9M | $13.1M | 25x | as long as short |
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
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Kalshi KXNEARPERP
BloFin NEAR-USDT
Nado NEAR-PERP
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Lighter NEAR
HTX NEAR-USDT
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL