Funding you earn now, next payment 01:00 UTC−0.0295%/8h= −32.4% APRpaid last 24h −0.172%
Price spread now: Aster against Hyperliquid−0.128%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days−0.340%−$34 on $10k
+Price spread, last 7 days+0.275%+$27 · spread now −0.128%, 7d avg −0.053%
=Together, before fees−0.065%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 0.075% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEAR | 4.3315 | 0.0395 | pay 0.0049% / 1h | 8m 41s | $367.6M | $300.8M | 10x |
| Short | Aster NEARUSDT | 4.3260 | 0.0100 | get 0.0100% / 8h | 7h 08m | $3.0M | $5.8M | 50x |
Hyperliquid NEAR
Aster NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$62.05
- Price spread: −0.128% → −0.053%
- −$7.48
- Slippage, 4 orders
- −$17.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$103.55
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Aster: live order book, 5 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, 5 min ago | 1.96 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 2.30 bp | 9.7 bp −$10 | 16.3 bp −$163 | 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 | 4.3278 | −0.086% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0130% | 1h | 4.3329 | +0.032% | $8.0M | $38.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3282 | −0.076% | $2.3M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3158 | −0.362% | $112K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3210 | −0.242% | $346K | $18.7M | 2.2x | as long as short |
| Phemex NEARUSDT | 0.0000% | 8h | 4.3260 | −0.127% | $3.8M | $8.4M | 50x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3303 | −0.027% | $205K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0010% | 8h | 4.3248 | −0.155% | $8.2M | $18.9M | — | as long as short |
| 01 Exchange NEARUSD | +0.0032% | 1h | 4.3271 | −0.102% | $13K | $7K | 10x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.398% | $578 | $302K | 12x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
Phemex NEARUSDT
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
01 Exchange NEARUSD
Injective NEAR/USDC PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDT | +0.0096% | 1h | 4.3300 | −0.035% | $115K | $474K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.3319 | +0.009% | $57K | $162K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3122 | −0.445% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDTshort | +0.0100% | 8h | 4.3260 | −0.128% | $3.0M | $5.8M | 50x | |
| Pacifica NEAR | +0.0100% | 1h | 4.3199 | −0.268% | $402K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3204 | −0.257% | $257.9M | $1.05B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3139 | −0.406% | $218.3M | $414.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3110 | −0.473% | $61.1M | $277.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3170 | −0.335% | $205K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3083 | −0.535% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3228 | −0.201% | $31.1M | $60.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3150 | −0.381% | $75.6M | $141.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3190 | −0.289% | $56.1M | $42.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3141 | −0.402% | $71.9M | $122.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3160 | −0.358% | — | $141.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3305 | −0.024% | $258K | $1.1M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3459 | +0.333% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3340 | +0.058% | $181K | $775K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3316 | +0.002% | $198K | $3.4M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3380 | +0.150% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3300 | −0.035% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3410 | +0.219% | $458K | $3.7M | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3211 | −0.241% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3303 | −0.027% | $202K | $31K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3300 | −0.035% | $13.2M | $27.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0375% / S −0.0307% | 1h | 4.3313 | −0.004% | $276K | — | 100x | as long as short |
| Hyperliquid NEARlong | +0.0395% | 1h | 4.3315 | long leg | $367.6M | $300.8M | 10x | |
| Nado NEAR-PERP | +0.0426% | 1h | 4.3285 | −0.069% | $1.9M | $3.1M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3170 | −0.334% | $403K | $1.2M | 10x | as long as short |
| Lighter RH NEAR | +0.0472% | 1h | 4.3224 | −0.210% | $1.6M | $7.0M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0486% | 1h | 4.3288 | −0.062% | $1.3M | $5.9M | 20x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3638 | +0.746% | $1.8M | $2.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0535% | 1h | 4.3339 | +0.055% | $2.0M | $3.8M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1495% | 1h | 4.3313 | −0.005% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1784% | 1h | 4.3296 | −0.045% | $17.3M | $24.7M | 15x | as long as short |
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
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
HTX NEAR-USDT
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
RISEx NEAR/USDC
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD
Lighter NEAR