Funding you earn now, next payment 07:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.180%
Price spread now: Binance against Hyperliquid−0.012%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days−0.437%−$44 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now −0.012%, 7d avg −0.091%
=Together, before fees−0.428%+ Points / potential airdropHyperliquid: Season 2 · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.079% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.012% now, against its 7-day average of −0.091%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEAR | 4.3215 | 0.0441 | pay 0.0055% / 1h | 3m 16s | $351.5M | $314.5M | 10x |
| Short | Binance NEARUSDT | 4.3210 | 0.0213 | get 0.0213% / 8h | 1h 03m | $262.9M | $1.09B | 75x |
Hyperliquid NEAR
Binance NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$47.91
- Price spread: −0.012% → −0.091%
- $7.9
- Slippage, 4 orders
- −$8.61
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.62
- Costs to cover
- 0.276%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Binance: 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 Hyperliquid live order book, 11 min ago | 0.11 bp | 5.6 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.14 bp | 8.5 bp −$8 | 11.9 bp −$119 | 27.3 bp −$2,728 | 82.0 bp −$41.0K |
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 | 4.3176 | −0.090% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3200 | −0.034% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3276 | +0.142% | $162K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.177% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3210 | −0.012% | $104K | $492K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3181 | −0.079% | $218.2M | $431.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3180 | −0.081% | $60.7M | $290.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3565 | +0.811% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3185 | −0.069% | $35.1M | $62.4M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3230 | +0.035% | $52.3M | $45.9M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.3184 | −0.072% | $71.5M | $128.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3397 | +0.422% | $8.7M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3395 | +0.417% | $252K | $906K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3350 | +0.311% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3400 | +0.428% | $163K | $804K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3219 | +0.009% | $288K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3212 | −0.007% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3290 | +0.174% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3215 | 0.000% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3310 | +0.220% | $458K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3240 | +0.058% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0103% | 8h | 4.3209 | −0.013% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3183 | −0.075% | $3.6M | $17.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0136% | 1h | 4.3240 | +0.058% | $201K | $38K | 3x | as long as short |
| BingX NEAR-USDT | +0.0201% | 8h | 4.3200 | −0.035% | — | $144.8M | — | as long as short |
| MEXC NEAR_USDT | +0.0213% | 8h | 4.3210 | −0.012% | $74.6M | $151.1M | 200x | as long as short |
| Binance NEARUSDTshort | +0.0213% | 8h | 4.3210 | −0.012% | $262.9M | $1.09B | 75x | |
| Kalshi KXNEARPERP | +0.0222% | 8h | 4.3221 | +0.014% | $945K | $25.1M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0257% | 8h | 4.3205 | −0.023% | $2.8M | $4.9M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0313% / S −0.0200% | 1h | 4.3192 | −0.054% | $231K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0333% | 8h | 4.3200 | −0.035% | $13.5M | $32.0M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0396% | 1h | 4.3209 | −0.014% | $1.3M | $6.9M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.3274 | +0.137% | $2.3M | $16.6M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0440% | 1h | 4.3209 | −0.014% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEARlong | +0.0441% | 1h | 4.3215 | long leg | $351.5M | $314.5M | 10x | |
| Nado NEAR-PERP | +0.0543% | 1h | 4.3176 | −0.090% | $1.6M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0676% | 1h | 4.3177 | −0.087% | $7.1M | $38.3M | 50x | as long as short |
| Lighter NEAR | +0.0736% | 1h | 4.3246 | +0.072% | $17.0M | $25.5M | 15x | as long as short |
| Lighter RH NEAR | +0.0832% | 1h | 4.3255 | +0.093% | $1.5M | $6.8M | 10x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.3250 | +0.081% | $228K | $1.6M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.3376 | +0.373% | $1.8M | $2.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1024% | 1h | 4.3241 | +0.060% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.3235 | +0.047% | $399K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.3235 | +0.047% | $664K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1321% | 1h | 4.3462 | +0.572% | $5K | $12K | 10x | as long as short |
Bitget NEARUSDT
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
BingX NEAR-USDT
MEXC NEAR_USDT
Kalshi KXNEARPERP
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Lighter NEAR
Lighter RH NEAR
Arcus NEAR-USD
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD