Funding you earn now, next payment 01:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.178%
Price spread now: SunX against Hyperliquid+0.114%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1451.448% of the position
Funding, last 7 days−0.354%−$35 on $10k
+Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.114%, 7d avg +0.016%
=Together, before fees−0.345%+ Points / potential airdropHyperliquid: Season 2 · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.099% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of +0.016%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.3 days. At the pace of the last 7 days (−0.354% in total) that is about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEAR | 4.2841 | 0.0152 | pay 0.0019% / 1h | 27m 43s | $359.3M | $305.0M | 10x |
| Short | SunX NEAR-USDT | 4.2890 | 0.0100 | get 0.0100% / 8h | 7h 27m | $2K | $1.4M | 20x |
Hyperliquid NEAR
SunX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$11
- Price spread: +0.114% → +0.016%
- $9.87
- Slippage, 4 orders
- −$127.81
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$145.94
- Costs to cover
- 1.448%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; SunX: live order book, 7 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 | 0.94 bp | 6.4 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 30.74 bp | 81.1 bp −$81 | doesn't fit | 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 | 4.2808 | −0.077% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.2890 | +0.115% | $7.2M | $37.3M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2778 | −0.147% | $2.2M | $12.9M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0024% | 1h | 4.2827 | −0.033% | $13K | $7K | 10x | as long as short |
| Variational Omni NEAR | −0.0005% | 8h | 4.2608 | −0.543% | $8.0M | $18.7M | — | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2810 | −0.073% | $111K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2823 | −0.042% | $402K | $18.5M | 2.2x | as long as short |
| Bybit NEARUSDT | +0.0003% | 8h | 4.2803 | −0.089% | $216.4M | $415.9M | 75x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2852 | +0.025% | $203K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.340% | $578 | $302K | 12x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Variational Omni NEAR
dYdX NEAR-USD
Kalshi KXNEARPERP
Bybit NEARUSDT
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0061% | 8h | 4.2819 | −0.051% | $30.8M | $59.5M | 75x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2830 | −0.026% | $114K | $482K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.2894 | +0.124% | $57K | $191K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2806 | −0.081% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2817 | −0.055% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2808 | −0.078% | $396K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2810 | −0.072% | $253.4M | $1.06B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2790 | −0.119% | $60.1M | $278.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2840 | −0.002% | $196K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2789 | −0.121% | $244K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2810 | −0.072% | $76.7M | $140.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2830 | −0.026% | $56.2M | $42.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2823 | −0.042% | $70.9M | $124.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2830 | −0.026% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2606 | −0.548% | $254K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2603 | −0.556% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2320 | −1.216% | $177K | $788K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2840 | −0.002% | $206K | $3.5M | 10x | as long as short |
| SunX NEAR-USDTshort | +0.0100% | 8h | 4.2890 | +0.114% | $2K | $1.4M | 20x | |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2900 | +0.138% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2950 | +0.254% | $458K | $3.6M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2850 | +0.021% | $3.8M | $8.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2811 | −0.071% | $3.8M | $16.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2894 | +0.123% | $200K | $28K | 3x | as long as short |
| Hyperliquid NEARlong | +0.0152% | 1h | 4.2841 | long leg | $359.3M | $305.0M | 10x | |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2730 | −0.259% | $13.0M | $28.1M | 75x | as long as short |
| Lighter RH NEAR | +0.0368% | 1h | 4.2864 | +0.054% | $1.6M | $6.9M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0372% / S −0.0306% | 1h | 4.2840 | −0.002% | $272K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0412% | 1h | 4.2921 | +0.187% | $1.3M | $5.9M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2848 | +0.015% | $406K | $1.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0468% | 1h | 4.2797 | −0.102% | $1.9M | $3.2M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.2669 | −0.401% | $1.8M | $2.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0519% | 1h | 4.2929 | +0.205% | $1.9M | $3.4M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1304% | 1h | 4.2655 | −0.435% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1896% | 1h | 4.2915 | +0.172% | $17.1M | $24.3M | 15x | as long as short |
Gate NEAR_USDT
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Nado NEAR-PERP
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD
Lighter NEAR