Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.173%
Price spread now: ApeX Omni against Hyperliquid−0.874%65s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as 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−$470.470% of the position
Funding, last 7 days−0.399%−$40 on $10k
+Price spread, last 4 days (all we have)+1.037%+$104 · spread now −0.874%, 7d avg −0.039%
=Together, before fees+0.638%+ Points / potential airdropHyperliquid: Season 2 · farm board+$64 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.835% cheaper against Hyperliquid than usual: you would sell low and buy high (−$84 if the spread goes back to its 7-day average of −0.039%). 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 | 4.3823 | 0.0137 | pay 0.0017% / 1h | 8m 12s | $353.8M | $315.5M | 10x |
| Short | ApeX Omni NEARUSDT | 4.3440 | 0.0100 | get 0.0013% / 1h | 8m 12s | $166K | $816K | 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
- −$7.8
- Price spread: −0.874% → −0.039%
- −$83.5
- Slippage, 4 orders
- −$27.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$138.29
- Costs to cover
- 0.470%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; ApeX Omni: live order book, 31 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, 6 min ago | 0.11 bp | 5.2 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 31 min ago | 8.10 bp | 16.2 bp −$16 | 75.5 bp −$755 | 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 | 4.3770 | −0.120% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3751 | −0.164% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3787 | −0.083% | $164K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0016% | 1h | 4.3799 | −0.055% | $7.3M | $38.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.506% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3810 | −0.030% | $113K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3807 | −0.037% | $221.4M | $428.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3800 | −0.052% | $61.5M | $296.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | −0.167% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3776 | −0.107% | $35.9M | $63.0M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3810 | −0.030% | $53.1M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3817 | −0.014% | $72.4M | $127.8M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3490 | −0.761% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3477 | −0.790% | $252K | $894K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3514 | −0.706% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDTshort | +0.0100% | 1h | 4.3440 | −0.874% | $166K | $816K | 50x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3807 | −0.037% | $278K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3815 | −0.018% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3870 | +0.107% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3800 | −0.052% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3800 | −0.052% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3762 | −0.140% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3784 | −0.090% | $3.6M | $16.6M | 25x | as long as short |
| Aster NEARUSDT | +0.0119% | 8h | 4.3800 | −0.052% | $2.7M | $4.8M | 50x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3810 | −0.030% | $204K | $38K | 3x | as long as short |
| Hyperliquid NEARlong | +0.0137% | 1h | 4.3823 | long leg | $353.8M | $315.5M | 10x | |
| MEXC NEAR_USDT | +0.0154% | 8h | 4.3800 | −0.052% | $90.7M | $154.3M | 200x | as long as short |
| HTX NEAR-USDT | +0.0154% | 8h | 4.3890 | +0.153% | $467K | $3.8M | 75x | as long as short |
| Binance NEARUSDT | +0.0155% | 8h | 4.3810 | −0.030% | $265.3M | $1.09B | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0171% | 8h | 4.3789 | −0.078% | $972K | $25.0M | 2.2x | as long as short |
| BingX NEAR-USDC | +0.0171% | 8h | 4.3810 | −0.030% | — | $6.6M | — | as long as short |
| 01 Exchange NEARUSD | +0.0232% | 1h | 4.3855 | +0.073% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0275% | 8h | 4.3680 | −0.326% | $13.3M | $32.2M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0341% / S −0.0240% | 1h | 4.3791 | −0.074% | $255K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0362% | 1h | 4.3761 | −0.142% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0466% | 1h | 4.3871 | +0.110% | $1.1M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3773 | −0.114% | $2.3M | $17.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0488% | 1h | 4.3855 | +0.073% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEAR | +0.0536% | 1h | 4.3863 | +0.091% | $17.3M | $25.4M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3810 | −0.030% | $229K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3788 | −0.081% | $413K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3782 | −0.094% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3817 | −0.014% | $607K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1100% | 1h | 4.3632 | −0.435% | $5K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1485% | 1h | 4.3873 | +0.114% | $1.9M | $13.1M | 25x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
Aevo NEAR-PERP
MEXC NEAR_USDT
HTX NEAR-USDT
Binance NEARUSDT
Kalshi KXNEARPERP
BingX NEAR-USDC
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Arcus NEAR-USD
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL