Funding you earn now, next payment 08:00 UTC−0.0696%/8h= −76.2% APRnext payment −$0.87 per $10,000 · paid last 24h −0.259%
Price spread now: Reya against Hyperliquid−0.187%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 · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Reya is 0.187% cheaper against Hyperliquid than usual: you would sell low and buy high (−$19 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 | 4.3539 | 0.0525 | pay 0.0066% / 1h | 51m 02s | $352.7M | $315.1M | 10x |
| Short | Reya NEARRUSDPERP | 4.3458 | −0.0171 | pay 0.0021% / 1h | 51m 02s | $2K | — | 20x |
Hyperliquid NEAR
Reya NEARRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$146.08
- Price spread: −0.187% → 0.000%
- −$18.66
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$179.74
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 13 min ago; Reya: 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, 13 min ago | 0.12 bp | 4.6 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 NEARRUSDPERPshort | −0.0171% | 1h | 4.3458 | −0.187% | $2K | — | 20x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3421 | −0.270% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3466 | −0.168% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3452 | −0.199% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.890% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3460 | −0.181% | $106K | $491K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3500 | −0.090% | $219.7M | $431.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3490 | −0.113% | $61.1M | $292.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3150 | −0.892% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3468 | −0.163% | $35.4M | $61.7M | 75x | as long as short |
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 | 4.3490 | −0.113% | $52.7M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3489 | −0.115% | $72.0M | $128.2M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3187 | −0.808% | $8.6M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3324 | −0.494% | $251K | $898K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3380 | −0.365% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3330 | −0.480% | $163K | $805K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3482 | −0.131% | $281K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3490 | −0.113% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3570 | +0.071% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3465 | −0.170% | $5K | $53K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3460 | −0.181% | $3.6M | $8.2M | 50x | as long as short |
| HTX NEAR-USDT | +0.0101% | 8h | 4.3580 | +0.094% | $454K | $3.8M | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3440 | −0.228% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3476 | −0.144% | $3.6M | $17.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0136% | 1h | 4.3497 | −0.096% | $202K | $38K | 3x | as long as short |
| BingX NEAR-USDT | +0.0204% | 8h | 4.3490 | −0.113% | — | $144.8M | — | as long as short |
| Kalshi KXNEARPERP | +0.0206% | 8h | 4.3475 | −0.147% | $957K | $25.2M | 2.2x | as long as short |
| MEXC NEAR_USDT | +0.0215% | 8h | 4.3490 | −0.113% | $80.2M | $148.7M | 200x | as long as short |
| Binance NEARUSDT | +0.0215% | 8h | 4.3522 | −0.040% | $264.4M | $1.09B | 75x | as long as short |
| Aster NEARUSDT | +0.0236% | 8h | 4.3510 | −0.067% | $2.7M | $4.8M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0315% / S −0.0201% | 1h | 4.3439 | −0.230% | $233K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0335% | 8h | 4.3510 | −0.067% | $13.4M | $32.1M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0376% | 1h | 4.3491 | −0.110% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0398% | 1h | 4.3460 | −0.181% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3478 | −0.140% | $2.3M | $16.8M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0514% | 1h | 4.3518 | −0.048% | $1.2M | $7.0M | 20x | as long as short |
| Hyperliquid NEARlong | +0.0525% | 1h | 4.3539 | long leg | $352.7M | $315.1M | 10x | |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3490 | −0.113% | $229K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0736% | 1h | 4.3535 | −0.009% | $1.5M | $6.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0854% | 1h | 4.3514 | −0.057% | $1.9M | $13.0M | 25x | as long as short |
| Lighter NEAR | +0.0920% | 1h | 4.3530 | −0.020% | $17.2M | $24.9M | 15x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3464 | −0.172% | $409K | $1.5M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3382 | −0.361% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3475 | −0.148% | $645K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1300% | 1h | 4.3363 | −0.403% | $5K | $10K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
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
HTX NEAR-USDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
BingX NEAR-USDT
Kalshi KXNEARPERP
MEXC NEAR_USDT
Binance NEARUSDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
01 Exchange NEARUSD
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Arcus NEAR-USD
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD