Funding you earn now, next payment 06:00 UTC−0.0309%/8h= −33.9% APRnext payment −$0.39 per $10,000 · paid last 24h −0.180%
Price spread now: ApeX Omni against Hyperliquid−0.428%65s7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days−0.389%−$39 on $10k
+Price spread, last 4 days (all we have)+0.780%+$78 · spread now −0.428%, 7d avg −0.051%
=Together, before fees+0.391%+ Points / potential airdropHyperliquid: Season 2 · farm board+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and ApeX Omni is 0.377% cheaper against Hyperliquid than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of −0.051%). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEAR | 4.2924 | 0.0675 | pay 0.0084% / 1h | 50m 11s | $350.5M | $311.1M | 10x |
| Short | ApeX Omni NEARUSDT | 4.2740 | 0.0365 | get 0.0046% / 1h | 50m 11s | $164K | $793K | 50x |
Hyperliquid NEAR
ApeX Omni NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$64.99
- Price spread: −0.428% → −0.051%
- −$37.66
- Slippage, 4 orders
- −$26.43
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$148.08
- Costs to cover
- 0.454%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; ApeX Omni: live order book, 64 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, 4 min ago | 0.12 bp | 8.6 bp −$9 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 64 min ago | 5.74 bp | 13.6 bp −$14 | 93.9 bp −$939 | 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 | 4.2873 | −0.117% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2827 | −0.224% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2859 | −0.150% | $161K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.526% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2890 | −0.078% | $111K | $500K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2905 | −0.043% | $261.7M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2845 | −0.183% | $212.6M | $424.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2880 | −0.102% | $60.4M | $285.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2835 | −0.206% | $244K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2870 | −0.125% | $32.0M | $59.5M | 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 | 4.2900 | −0.055% | $70.7M | $142.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2920 | −0.008% | $53.1M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2865 | −0.137% | $70.9M | $127.8M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2890 | −0.078% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2828 | −0.224% | $8.2M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2783 | −0.327% | $250K | $948K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2800 | −0.288% | $1.4M | $1.5M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2891 | −0.076% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2980 | +0.131% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2970 | +0.108% | $461K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2880 | −0.102% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.2858 | −0.154% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2928 | +0.011% | $200K | $37K | 3x | as long as short |
| Polymarket Perps NEAR-USD | +0.0109% | 1h | 4.2909 | −0.034% | $273K | $3.9M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2950 | +0.062% | $13.4M | $31.7M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.2945 | +0.050% | $2.3M | $15.8M | 50x | as long as short |
| Nado NEAR-PERP | +0.0264% | 1h | 4.2872 | −0.120% | $1.7M | $3.2M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0269% | 8h | 4.2873 | −0.118% | $832K | $24.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0195% | 1h | 4.2854 | −0.162% | $230K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0336% | 8h | 4.2890 | −0.078% | $2.8M | $5.5M | 50x | as long as short |
| ApeX Omni NEARUSDTshort | +0.0365% | 1h | 4.2740 | −0.428% | $164K | $793K | 50x | |
| Extended NEAR-USD | +0.0496% | 1h | 4.2859 | −0.150% | $3.7M | $19.9M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0631% | 1h | 4.2865 | −0.137% | $6K | $53K | 10x | as long as short |
| Hyperliquid NEARlong | +0.0675% | 1h | 4.2924 | long leg | $350.5M | $311.1M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0676% | 1h | 4.2908 | −0.036% | $1.3M | $6.8M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0696% | 1h | 4.2968 | +0.103% | $13K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0738% | 1h | 4.2874 | −0.115% | $7.6M | $38.7M | 50x | as long as short |
| Lighter NEAR | +0.0768% | 1h | 4.2918 | −0.014% | $16.8M | $25.0M | 15x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.2940 | +0.038% | $211K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.2855 | −0.160% | $393K | $1.3M | 10x | as long as short |
| Lighter RH NEAR | +0.0944% | 1h | 4.2921 | −0.006% | $1.5M | $7.2M | 10x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.2873 | −0.118% | $1.8M | $2.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1104% | 1h | 4.2904 | −0.046% | $2.0M | $10.8M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.2921 | −0.007% | $679K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1469% | 1h | 4.2879 | −0.105% | $5K | $12K | 10x | as long as short |
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Polymarket Perps NEAR-USD
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
Nado NEAR-PERP
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Extended NEAR-USD
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Kraken Futures PF_NEARUSD
Lighter NEAR
Arcus NEAR-USD
Pacifica NEAR
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Aftermath Perps NEARUSD