Funding you earn now, next payment 23:00 UTC−0.0590%/8h= −64.6% APRpaid last 24h −0.178%
Price spread now: Paradex against Hyperliquid−0.212%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Paradex is 0.212% cheaper against Hyperliquid than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEAR | 4.3012 | 0.0690 | pay 0.0086% / 1h | 3m 57s | $372.3M | $297.8M | 10x |
| Short | Paradex NEAR-USD-PERP | 4.2921 | 0.0100 | get 0.0100% / 8h | 1h 03m | $31K | $647 | 10x |
Hyperliquid NEAR
Paradex NEAR-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$123.84
- Price spread: −0.212% → 0.000%
- −$21.17
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$158.02
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; Paradex: no order-book sample. Net counts fees only.
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, 10 min ago | 0.12 bp | 4.9 bp −$5 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.2887 | −0.291% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.2872 | −0.325% | $2.2M | $13.2M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −3.725% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2965 | −0.108% | $112K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3001 | −0.026% | $456K | $18.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2908 | −0.242% | $207K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0047% | 1h | 4.2905 | −0.250% | $7.7M | $36.3M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2920 | −0.214% | $104K | $490K | 50x | as long as short |
| Paradex NEAR-USD-PERPshort | +0.0100% | 8h | 4.2921 | −0.212% | $31K | $647 | 10x | |
| Aster NEARUSDT | +0.0100% | 8h | 4.2936 | −0.176% | $3.0M | $5.6M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Popdex NEARUSDT
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.2972 | −0.094% | $400K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2910 | −0.237% | $249.1M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2887 | −0.291% | $220.6M | $421.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2900 | −0.260% | $60.4M | $284.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2920 | −0.214% | $197K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2317 | −1.616% | $241K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2892 | −0.279% | $30.4M | $59.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2870 | −0.330% | $83.5M | $145.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2920 | −0.214% | $56.3M | $43.3M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2908 | −0.242% | $71.3M | $125.8M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2890 | −0.284% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2849 | −0.378% | $8.0M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2739 | −0.635% | $244K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2644 | −0.856% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2740 | −0.632% | $179K | $790K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2939 | −0.170% | $224K | $3.3M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2896 | −0.270% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2930 | −0.191% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2877 | −0.314% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2850 | −0.377% | $3.9M | $8.1M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2898 | −0.264% | $4.0M | $14.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2884 | −0.299% | $207K | $62K | 3x | as long as short |
| 01 Exchange NEARUSD | +0.0152% | 1h | 4.2978 | −0.079% | $13K | $7K | 10x | as long as short |
| Lighter RH NEAR | +0.0176% | 1h | 4.2931 | −0.188% | $1.5M | $7.0M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2910 | −0.237% | $12.6M | $32.8M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0286% | 1h | 4.2917 | −0.221% | $1.9M | $2.3M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.2937 | −0.174% | $414K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0390% / S −0.0335% | 1h | 4.2912 | −0.233% | $293K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0472% | 1h | 4.2876 | −0.317% | $1.9M | $3.4M | 10x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.2890 | −0.284% | $1.8M | $2.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0561% | 1h | 4.2941 | −0.165% | $1.3M | $5.5M | 20x | as long as short |
| Hyperliquid NEARlong | +0.0690% | 1h | 4.3012 | long leg | $372.3M | $297.8M | 10x | |
| HTX NEAR-USDT | +0.0926% | 8h | 4.3000 | −0.028% | $461K | $3.6M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1012% | 1h | 4.2684 | −0.763% | $5K | $11K | 10x | as long as short |
| Lighter NEAR | +0.1048% | 1h | 4.2998 | −0.033% | $16.5M | $23.8M | 15x | as long as short |
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-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
01 Exchange NEARUSD
Lighter RH NEAR
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Phoenix NEAR
Backpack NEAR_USDC_PERP
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR