Funding you earn now, next payment 01:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.178%
Price spread now: Hyperliquid against edgeX+0.566%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs+$4as in the Price arb table
costs, in and out, $10k−$400.400% of the position
Funding, last 7 days+0.354%+$35 on $10k
+Price spread, last 3 days (all we have)−0.589%−$59 · spread now +0.566%, 7d avg +0.121%
=Together, before fees−0.235%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.444% dearer against edgeX than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of +0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NEARUSDC | 4.2143 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $261K | $1.2M | 20x |
| Short | Hyperliquid NEAR | 4.2381 | 0.0142 | get 0.0018% / 1h | 33m 15s | $355.3M | $303.8M | 10x |
edgeX NEARUSDC
Hyperliquid NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against edgeX. 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
- $8.75
- Price spread: +0.566% → +0.121%
- $44.43
- Slippage, 4 orders
- −$22
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $13.17
- Costs to cover
- 0.400%
- Break-even
- from the start
Slippage from edgeX: 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 edgeX live order book, 1 min ago | 7.09 bp | 12.0 bp −$12 | 32.0 bp −$320 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 1.17 bp | 6.9 bp −$7 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | −0.0180% | 8h | 4.2390 | +0.587% | $214.7M | $415.6M | 75x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.2320 | +0.422% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0133% | 1h | 4.2318 | +0.416% | $7.2M | $37.4M | 50x | as long as short |
| Gate NEAR_USDT | −0.0118% | 8h | 4.2316 | +0.411% | $30.4M | $59.2M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2307 | +0.390% | $2.2M | $12.9M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0032% | 1h | 4.2319 | +0.418% | $12K | $7K | 10x | as long as short |
| Variational Omni NEAR | −0.0004% | 8h | 4.2298 | +0.370% | $7.9M | $18.8M | — | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2302 | +0.379% | $110K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2267 | +0.295% | $419K | $18.6M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2322 | +0.425% | $201K | — | 150x | as long as short |
Bybit NEARUSDT
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Gate NEAR_USDT
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Variational Omni NEAR
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −1.739% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2340 | +0.468% | $110K | $481K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.2334 | +0.454% | $56K | $193K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2320 | +0.421% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2339 | +0.465% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2317 | +0.414% | $396K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2377 | +0.556% | $251.1M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2410 | +0.634% | $59.6M | $276.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2350 | +0.492% | $194K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2709 | +1.345% | $243K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2410 | +0.634% | $76.8M | $139.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2350 | +0.492% | $55.6M | $43.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2395 | +0.599% | $70.3M | $124.7M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2320 | +0.421% | — | $141.6M | — | as long as short |
| edgeX NEARUSDClong | +0.0100% | 4h | 4.2143 | long leg | $261K | $1.2M | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2147 | +0.010% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2520 | +0.895% | $178K | $788K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2338 | +0.464% | $199K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2380 | +0.563% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2325 | +0.433% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2450 | +0.729% | $455K | $3.6M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2360 | +0.516% | $3.8M | $8.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2301 | +0.377% | $3.8M | $16.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2329 | +0.442% | $197K | $28K | 3x | as long as short |
| Hyperliquid NEARshort | +0.0142% | 1h | 4.2381 | +0.566% | $355.3M | $303.8M | 10x | |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2320 | +0.421% | $13.0M | $28.0M | 75x | as long as short |
| Lighter RH NEAR | +0.0344% | 1h | 4.2380 | +0.563% | $1.6M | $6.9M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0371% / S −0.0308% | 1h | 4.2310 | +0.397% | $270K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0378% | 1h | 4.2298 | +0.369% | $1.4M | $5.7M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0411% | 1h | 4.2359 | +0.513% | $1.9M | $3.3M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2350 | +0.492% | $400K | $1.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0498% | 1h | 4.2300 | +0.373% | $1.8M | $3.2M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.2201 | +0.138% | $1.7M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1342% | 1h | 4.2473 | +0.784% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1928% | 1h | 4.2437 | +0.698% | $16.9M | $24.1M | 15x | as long as short |
Injective NEAR/USDC PERP
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Nado NEAR-PERP
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR