Funding you earn now, next payment 04:00 UTC−0.0225%/8h= −24.6% APRpaid last 24h −0.185%
Price spread now: edgeX against Hyperliquid−0.271%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$440.442% of the position
Funding, last 7 days−0.379%−$38 on $10k
+Price spread, last 7 days+0.214%+$21 · spread now −0.271%, 7d avg −0.109%
=Together, before fees−0.164%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and edgeX is 0.163% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.109%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEAR | 4.4326 | 0.0325 | pay 0.0041% / 1h | 19m 05s | $365.6M | $324.6M | 10x |
| Short | edgeX NEARUSDC | 4.4206 | 0.0100 | get 0.0050% / 4h | 19m 05s | $265K | $977K | 20x |
Hyperliquid NEAR
edgeX NEARUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$47.24
- Price spread: −0.271% → −0.109%
- −$16.26
- Slippage, 4 orders
- −$26.2
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$107.71
- Costs to cover
- 0.442%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; edgeX: live order book, 30 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 | 1.13 bp | 6.5 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 30 min ago | 10.08 bp | 15.2 bp −$15 | 35.7 bp −$357 | 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 | 4.4171 | −0.351% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4146 | −0.406% | $2.3M | $15.4M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4149 | −0.399% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4191 | −0.305% | $596K | $22.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4229 | −0.219% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.579% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4180 | −0.329% | $113K | $518K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4180 | −0.328% | $420K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4310 | −0.036% | $272.1M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4235 | −0.205% | $222.5M | $424.6M | 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
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4230 | −0.217% | $63.0M | $300.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4098 | −0.514% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4257 | −0.156% | $32.2M | $64.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4250 | −0.171% | $74.6M | $149.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4280 | −0.104% | $54.8M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4246 | −0.180% | $72.6M | $130.5M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4260 | −0.149% | — | $147.5M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4057 | −0.607% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDCshort | +0.0100% | 4h | 4.4206 | −0.271% | $265K | $977K | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4210 | −0.262% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4130 | −0.442% | $170K | $802K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4214 | −0.253% | $249K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4243 | −0.187% | $57K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4270 | −0.126% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4340 | +0.032% | $459K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4300 | −0.059% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4141 | −0.417% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4290 | −0.081% | $206K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0143% | 1h | 4.4255 | −0.160% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4310 | −0.036% | $13.8M | $33.0M | 75x | as long as short |
| Aster NEARUSDT | +0.0305% | 8h | 4.4243 | −0.187% | $3.0M | $5.5M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0309% | 1h | 4.4296 | −0.068% | $1.4M | $6.5M | 20x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0321% / S −0.0190% | 1h | 4.4227 | −0.224% | $234K | — | 100x | as long as short |
| Hyperliquid NEARlong | +0.0325% | 1h | 4.4326 | long leg | $365.6M | $324.6M | 10x | |
| 01 Exchange NEARUSD | +0.0328% | 1h | 4.4232 | −0.212% | $13K | $7K | 10x | as long as short |
| Extended NEAR-USD | +0.0376% | 1h | 4.4238 | −0.199% | $3.9M | $19.7M | 25x | as long as short |
| Nado NEAR-PERP | +0.0536% | 1h | 4.4182 | −0.324% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4190 | −0.307% | $219K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0586% | 1h | 4.4302 | −0.053% | $8.2M | $39.7M | 50x | as long as short |
| Lighter RH NEAR | +0.0624% | 1h | 4.4331 | +0.011% | $1.5M | $7.2M | 10x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4289 | −0.083% | $1.8M | $2.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4192 | −0.303% | $592K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0944% | 1h | 4.4350 | +0.055% | $17.9M | $26.5M | 15x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1084% | 1h | 4.4281 | −0.102% | $2.0M | $7.3M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1537% | 1h | 4.4152 | −0.391% | $5K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
SoDEX NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
Backpack NEAR_USDC_PERP
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Extended NEAR-USD
Nado NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD