Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.17 per $10,000 · paid last 24h +0.175%
Price spread now: Hyperliquid against Polymarket Perps+0.077%7-day average +0.071% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.432%+$43 on $10k
Price spread, last 7 days−0.089%−$9 · spread now +0.077%, 7d avg +0.071%
Together, before fees+0.342%+ Points / potential airdropHyperliquid: Season 2 · farm board+$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.071%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NEAR-USD4.53230.0100pay 0.0013% / 1h58m 19s$282K$4.0M10x
ShortHyperliquid NEAR4.53580.0238get 0.0030% / 1h58m 19s$368.7M$321.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Polymarket Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$28.93
Price spread: +0.077% → +0.071%
$0.6
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$12.53
Costs to cover
0.170%
Break-even
4.0 days
Slippage unknown: Polymarket Perps: live order book, 6 min ago; Hyperliquid: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 6 min ago5.27 bp1221.9 bp −$1,222doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago0.11 bp4.8 bp −$5doesn't fitdoesn't fitdoesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.5367+0.096%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0140%1h4.5265−0.129%$7.4M$38.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.5257−0.145%$110K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5437+0.252%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.634%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5340+0.038%$119K$522K50xas long as short
Aster NEARUSDT+0.0100%8h4.5270−0.117%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.5290−0.073%$275.1M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5300−0.051%$235.3M$434.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.5290−0.073%$64.4M$309.7M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.5370+0.104%$234K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5050−0.602%$260K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5276−0.104%$38.9M$61.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5320−0.007%$83.3M$162.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5340+0.038%$53.9M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5259−0.141%$74.7M$128.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.5300−0.051%$82.7Mas long as short
Variational Omni NEAR+0.0100%8h4.5317−0.014%$9.4M$17.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.5428+0.231%$268K$901K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5362+0.086%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5390+0.148%$169K$826K50xas long as short
Polymarket Perps NEAR-USDlong+0.0100%1h4.5323long leg$282K$4.0M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.5296−0.060%$59K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5350+0.060%$1K$1.3M20xas long as short
Phemex NEARUSDT+0.0100%8h4.5260−0.139%$3.5M$8.0M50xas long as short
Extended NEAR-USD+0.0104%1h4.5268−0.122%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5305−0.040%$211K$38K3xas long as short
Paradex NEAR-USD-PERP+0.0109%8h4.5315−0.017%$33K$41310xas long as short
Kalshi KXNEARPERP+0.0125%8h4.5293−0.066%$858K$25.5M2.2xas long as short
HTX NEAR-USDT+0.0218%8h4.5350+0.060%$479K$3.8M75xas long as short
BloFin NEAR-USDT+0.0220%8h4.5280−0.095%$12.7M$33.4M75xas long as short
Hyperliquid NEARshort+0.0238%1h4.5358+0.077%$368.7M$321.3M10x
SoDEX NEAR-USD+0.0253%1h4.5275−0.106%$5K$44K10xas long as short
01 Exchange NEARUSD+0.0344%1h4.5356+0.073%$13K$5K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0347% / S −0.0242%1h4.5333+0.021%$265K100xas long as short
Coinbase International NEAR-PERP-INTX+0.0520%1h4.5365+0.093%$2.3M$18.0M50xas long as short
RISEx NEAR/USDC+0.0569%1h4.5355+0.070%$649K$1.6M10xas long as short
Lighter NEAR+0.0592%1h4.5325+0.004%$17.8M$23.3M15xas long as short
Backpack NEAR_USDC_PERP+0.0669%1h4.5315−0.018%$1.1M$7.2M20xas long as short
Lighter RH NEAR+0.0688%1h4.5327+0.009%$1.6M$6.0M10xas long as short
Phoenix NEAR+0.0740%1h4.5602+0.616%$1.7M$2.2M10xas long as short
Nado NEAR-PERP+0.0811%1h4.5320−0.007%$1.7M$3.2M10xas long as short
Pacifica NEAR+0.0883%1h4.5283−0.088%$427K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0943%1h4.5316−0.015%$2.0M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1259%1h4.5350+0.059%$6K$7K10xas long as short