After costs, if the gap returns to its 7d average, $10k−$16
spread now+0.084%7d average+0.089%fees + slippage, in and out−$15spread needed0.155%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NEAR_USDT | 4.0490 | 0.0100 | pay 0.0100% / 8h | 43m 12s | $80.3M | $168.9M | 200x |
| Short | Hyperliquid NEAR | 4.0524 | 0.0412 | get 0.0052% / 1h | 43m 12s | $326.6M | $375.9M | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $8.4
- Funding while held
- $9.37
- Slippage, 4 orders
- −$6.46
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $2.31
- Spread needed to break even
- 0.155%
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0312%
- Per $10,000 a day
- +$9.37
- Average in range /8h
- —
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 MEXC live order book, 2 min ago | 1.23 bp | 1.2 bp −$1 | 4.4 bp −$44 | 33.8 bp −$3,382 | 98.7 bp −$49.4K |
| Sell Hyperliquid live order book, 12 min ago | 0.24 bp | 4.8 bp −$5 | 8.6 bp −$86 | doesn't fit | doesn't fit |
NEAR price on every exchange
against the cheapest. Click to use as the short leg.NEAR on 44 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kalshi KXNEARPERP | −0.119% | 0.0000% | 8h | $354K | $25.1M | 2.2x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.086% | −0.0064% | 1h | $2.1M | $16.6M | 50x | as long as short |
| Extended NEAR-USD | −0.058% | +0.0104% | 1h | $3.4M | $16.0M | 25x | as long as short |
| Bybit NEARUSDT | −0.049% | +0.0100% | 8h | $196.8M | $507.0M | 75x | as long as short |
| Aevo NEAR-PERP | −0.049% | +0.0104% | 1h | $196K | $81K | 3x | as long as short |
| Gate NEAR_USDT | −0.044% | +0.0100% | 8h | $28.4M | $66.1M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | −0.042% | L +0.0317% / S −0.0210% | 1h | $225K | — | 100x | as long as short |
| gTrade (Gains Network) NEAR/USD | −0.038% | L +0.0004% / S −0.0004% | 1h | $194K | — | 150x | as long as short |
| Bitget NEARUSDT | −0.037% | +0.0100% | 8h | $66.9M | $134.7M | 75x | as long as short |
| Nado NEAR-PERP | −0.036% | +0.0351% | 1h | $1.8M | $5.8M | 10x | as long as short |
Show all 44 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.026% | −0.0171% | 1h | $2K | — | 20x | as long as short |
| OKX NEAR-USDT-SWAP | −0.025% | +0.0100% | 8h | $55.0M | $342.9M | 50x | as long as short |
| BingX NEAR-USDT | −0.025% | +0.0100% | 8h | — | $142.9M | — | as long as short |
| Orderly PERP_NEAR_USDC | −0.025% | +0.0100% | 8h | $51K | $258K | 20x | as long as short |
| dYdX NEAR-USD | −0.001% | 0.0000% | 1h | $92K | $53K | 10x | as long as short |
| Binance NEARUSDT | 0.000% | +0.0100% | 8h | $227.9M | $1.29B | 75x | as long as short |
| MEXC NEAR_USDTlong | 0.000% | +0.0100% | 8h | $80.3M | $168.9M | 200x | |
| SoDEX NEAR-USD | 0.000% | +0.0100% | 1h | $5K | $68K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.005% | +0.0100% | 8h | $29K | $2K | 10x | as long as short |
| Phemex NEARUSDT | +0.025% | +0.0100% | 8h | $3.7M | $9.1M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.032% | +0.0096% | 1h | $1.8M | $1.9M | 25x | as long as short |
| Pacifica NEAR | +0.041% | +0.0100% | 1h | $498K | $1.4M | 10x | as long as short |
| Lighter RH NEAR | +0.044% | +0.0096% | 1h | $1.3M | $8.8M | 10x | as long as short |
| KuCoin NEARUSDTM | +0.049% | +0.0100% | 8h | $53.0M | $50.4M | 75x | as long as short |
| Polymarket Perps NEAR-USD | +0.082% | +0.0100% | 1h | $170K | $3.8M | 10x | as long as short |
| Hyperliquid NEARshort | +0.084% | +0.0412% | 1h | $326.6M | $375.9M | 10x | |
| Aster NEARUSDT | +0.085% | +0.0100% | 8h | $2.7M | $7.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.099% | +0.0385% | 1h | $261K | $1.9M | 10x | as long as short |
| Popdex NEARUSDT | +0.099% | +0.0096% | 1h | $105K | $574K | 50x | as long as short |
| BloFin NEAR-USDT | +0.099% | +0.0220% | 8h | $12.8M | $37.3M | 75x | as long as short |
| Lighter NEAR | +0.099% | +0.0336% | 1h | $14.6M | $24.2M | 15x | as long as short |
| Kraken Futures PF_NEARUSD | +0.112% | +0.0870% | 1h | $8.0M | $36.7M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.138% | +0.0160% | 1h | $12K | $10K | 10x | as long as short |
| SunX NEAR-USDT | +0.173% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| RISEx NEAR/USDC | +0.195% | +0.0597% | 1h | $332K | $1.3M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.304% | +0.1021% | 1h | $1.6M | $5.2M | 20x | as long as short |
| HTX NEAR-USDT | +0.395% | +0.0700% | 8h | $407K | $4.6M | 75x | as long as short |
| edgeX NEARUSDC | +0.473% | +0.0100% | 4h | $228K | $1.3M | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.494% | +0.0100% | 1h | $110K | $788K | 50x | as long as short |
| Phoenix NEAR | +0.558% | +0.0560% | 1h | $1.6M | $3.5M | 10x | as long as short |
| Variational Omni NEAR | +0.766% | +0.0100% | 8h | $7.7M | $22.8M | — | as long as short |
| Aftermath Perps NEARUSD | +0.801% | +0.0953% | 1h | $5K | $13K | 10x | as long as short |
| Bulk NEAR-USD | +0.881% | +0.0100% | 1h | $234K | $4K | 10x | as long as short |
| Injective NEAR/USDC PERP | +7.508% | +0.0033% | 1h | $608 | $121K | 12x | as long as short |
MEXC NEAR_USDT
Hyperliquid NEAR
Coinbase International
Extended
Bybit
Gate
GMX
gTrade (Gains Network)
Bitget
OKX
BingX
Binance
SoDEX
Paradex
Phemex
Deribit
Pacifica
Lighter RH
KuCoin
Polymarket Perps
Aster
Popdex
BloFin
Lighter
Kraken Futures
SunX
RISEx
Backpack
HTX
ApeX Omni
Phoenix
Variational Omni
Bulk
Injective