Funding you earn now, next payment 02:00 UTC+0.0797%/8h= +87.3% APRpaid last 24h +0.046%
Price spread now: Hyperliquid against HTX+0.038%7-day average −0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days−0.212%−$21 on $10k
+Price spread, last 3 days (all we have)−0.125%−$13 · spread now +0.038%, 7d avg −0.120%
=Together, before fees−0.337%+ Points / potential airdropHyperliquid: Season 2 · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Hyperliquid is 0.158% dearer against HTX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.120%. Mind the row above: over the last 7 days funding on this pair cost −0.212%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.212% in total (about -11.0% a year). A funding rate is set anew for every payment. 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 | HTX NEAR-USDT | 4.4520 | 0.0100 | pay 0.0100% / 8h | 6h 21m | $456K | $3.9M | 75x |
| Short | Hyperliquid NEAR | 4.4537 | 0.0897 | get 0.0112% / 1h | 21m 53s | $376.4M | $307.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against HTX. 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
- $167.37
- Price spread: +0.038% → −0.120%
- $15.8
- Slippage, 4 orders
- −$58.2
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $103.97
- Costs to cover
- 0.792%
- Break-even
- 2.7 days
Slippage from HTX: live order book, 2 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 HTX live order book, 2 min ago | 14.74 bp | 27.4 bp −$27 | 70.8 bp −$708 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.11 bp | 5.2 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
NEAR on 44 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 | 4.4458 | −0.139% | $2K | — | 20x | as long as short |
| Phemex NEARUSDT | −0.0170% | 8h | 4.4450 | −0.157% | $3.9M | $8.2M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.4448 | −0.162% | $2.2M | $14.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4612 | +0.207% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4561 | +0.092% | $703K | $19.7M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.4459 | −0.137% | $197K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.986% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0072% | 8h | 4.3998 | −1.173% | $8.6M | $18.6M | — | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4460 | −0.135% | $110K | $486K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4642 | +0.275% | $422K | $1.2M | 10x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.4510 | −0.022% | $269.9M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4510 | −0.022% | $225.4M | $421.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4540 | +0.045% | $63.4M | $292.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.4560 | +0.090% | $212K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4050 | −1.056% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4470 | −0.112% | $32.2M | $62.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4480 | −0.090% | $75.6M | $141.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4480 | −0.090% | $54.9M | $43.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4450 | −0.157% | $73.3M | $125.7M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4490 | −0.067% | — | $143.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4063 | −1.026% | $272K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4170 | −0.786% | $1.5M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4180 | −0.764% | $184K | $762K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4501 | −0.043% | $218K | $3.5M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4470 | −0.112% | $61K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4560 | +0.090% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4465 | −0.124% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDTlong | +0.0100% | 8h | 4.4520 | long leg | $456K | $3.9M | 75x | |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4562 | +0.095% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4423 | −0.217% | $3.9M | $18.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4683 | +0.365% | $208K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0168% | 8h | 4.4500 | −0.045% | $3.1M | $5.8M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0213% | 1h | 4.4473 | −0.106% | $8.1M | $40.8M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0335% | 1h | 4.4500 | −0.045% | $1.9M | $4.2M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0360% / S −0.0258% | 1h | 4.4451 | −0.155% | $269K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0369% | 1h | 4.4485 | −0.079% | $1.9M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0408% | 1h | 4.4533 | +0.029% | $13K | $7K | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.4520 | +0.001% | $561K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.4147 | −0.838% | $1.8M | $2.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0832% | 1h | 4.4486 | −0.076% | $1.7M | $7.0M | 10x | as long as short |
| Hyperliquid NEARshort | +0.0897% | 1h | 4.4537 | +0.038% | $376.4M | $307.2M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0954% | 1h | 4.4513 | −0.016% | $1.4M | $6.1M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.1528% | 1h | 4.4160 | −0.808% | $6K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1672% | 1h | 4.4544 | +0.055% | $17.8M | $25.4M | 15x | as long as short |
HTX NEAR-USDT
Hyperliquid NEAR
Phemex NEARUSDT
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Variational Omni NEAR
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
RISEx NEAR/USDC
Phoenix NEAR
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD
Lighter NEAR