Funding you earn now, next payment 03:00 UTC+0.0714%/8h= +78.1% APRnext payment +$0.89 per $10,000 · paid last 24h +0.180%
Price spread now: Hyperliquid against Aevo+0.092%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1021.019% of the position
Funding, last 7 days+0.371%+$37 on $10k
+Price spread, last 4 days (all we have)−0.398%−$40 · spread now +0.092%, 7d avg +0.120%
=Together, before fees−0.027%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.027% cheaper against Aevo than usual: you would sell low and buy high (spread +0.092% now, against its 7-day average of +0.120%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.371% in total) that is about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.371% in total (about 19.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.89 per $10,000. 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 | Aevo NEAR-PERP | 4.5535 | 0.0104 | pay 0.0013% / 1h | 11m 50s | $212K | $40K | 3x |
| Short | Hyperliquid NEAR | 4.5577 | 0.0818 | get 0.0102% / 1h | 11m 50s | $382.3M | $321.1M | 10x |
Aevo NEAR-PERP
Hyperliquid NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Aevo. 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
- $149.84
- Price spread: +0.092% → +0.120%
- −$2.75
- Slippage, 4 orders
- −$76.88
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $45.21
- Costs to cover
- 1.019%
- Break-even
- 4.9 days
Slippage from Aevo: live order book, 52 min ago; Hyperliquid: live order book, 12 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 Aevo live order book, 52 min ago | 10.31 bp | 41.1 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.89 bp | 9.0 bp −$9 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.5524 | −0.024% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.5542 | +0.015% | $2.2M | $15.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5654 | +0.261% | $113K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.5662 | +0.279% | $489K | $21.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5473 | −0.136% | $170K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −9.059% | $578 | $302K | 12x | as long as short |
| Phemex NEARUSDT | +0.0085% | 8h | 4.5470 | −0.143% | $3.9M | $8.3M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5580 | +0.099% | $114K | $512K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.5659 | +0.272% | $435K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5682 | +0.323% | $279.8M | $1.11B | 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
Phemex NEARUSDT
Popdex NEARUSDT
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 | 4.5494 | −0.090% | $227.9M | $424.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5490 | −0.099% | $65.6M | $308.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5467 | −0.150% | $259K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5496 | −0.086% | $33.1M | $64.6M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5520 | −0.033% | $78.3M | $147.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5510 | −0.055% | $55.9M | $45.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5503 | −0.070% | $74.9M | $129.5M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.5510 | −0.055% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5466 | −0.151% | $8.8M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5651 | +0.255% | $274K | $989K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5626 | +0.199% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5600 | +0.143% | $175K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5570 | +0.077% | $214K | $3.8M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5521 | −0.031% | $58K | $237K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5620 | +0.187% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5500 | −0.077% | $9K | $54K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5720 | +0.406% | $473K | $4.1M | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.5605 | +0.153% | $33K | $608 | 10x | as long as short |
| Aevo NEAR-PERPlong | +0.0104% | 1h | 4.5535 | long leg | $212K | $40K | 3x | |
| Extended NEAR-USD | +0.0120% | 1h | 4.5470 | −0.144% | $4.3M | $19.2M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5670 | +0.296% | $13.8M | $34.1M | 75x | as long as short |
| Aster NEARUSDT | +0.0304% | 8h | 4.5547 | +0.026% | $3.1M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0362% / S −0.0249% | 1h | 4.5512 | −0.050% | $275K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0386% | 1h | 4.5562 | +0.060% | $2.0M | $3.2M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0392% | 1h | 4.5612 | +0.169% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.5680 | +0.318% | $221K | $1.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0585% | 1h | 4.5531 | −0.009% | $2.0M | $4.5M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0588% | 1h | 4.5496 | −0.086% | $1.4M | $6.7M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0677% | 1h | 4.5533 | −0.005% | $8.4M | $41.3M | 50x | as long as short |
| Lighter RH NEAR | +0.0720% | 1h | 4.5582 | +0.103% | $1.6M | $7.1M | 10x | as long as short |
| Hyperliquid NEARshort | +0.0818% | 1h | 4.5577 | +0.092% | $382.3M | $321.1M | 10x | |
| Phoenix NEAR | +0.0855% | 1h | 4.5923 | +0.852% | $1.9M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.5639 | +0.227% | $576K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.1184% | 1h | 4.5747 | +0.466% | $18.4M | $26.8M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1600% | 1h | 4.5512 | −0.051% | $6K | $12K | 10x | as long as short |
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
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
Paradex NEAR-USD-PERP
Extended NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
01 Exchange NEARUSD
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD