Funding you earn now, next payment 08:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.64 per $10,000 · paid last 24h −0.035%
Price spread now: Kalshi against Aster−0.058%51s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.413% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 7 days+0.122%+$12 · spread now −0.058%, 7d avg −0.031%
=Together, before fees−0.102%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kalshi is 0.027% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.031%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NEARUSDT | 4.2880 | 0.0335 | pay 0.0335% / 8h | 2h 51m | $2.8M | $5.5M | 50x |
| Short | Kalshi KXNEARPERP | 4.2855 | 0.0271 | get 0.0271% / 8h | 6h 51m | $828K | $24.5M | 2.2x |
Aster NEARUSDT
Kalshi KXNEARPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Aster. 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
- −$13.36
- Price spread: −0.058% → −0.031%
- −$2.69
- Slippage, 4 orders
- −$23.27
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$57.32
- Costs to cover
- 0.413%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Kalshi: live order book, 3 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 Aster live order book, 2 min ago | 1.17 bp | 9.8 bp −$10 | 21.4 bp −$214 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 3 min ago | 6.67 bp | 11.7 bp −$12 | 17.7 bp −$177 | 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 | 4.2831 | −0.115% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2812 | −0.158% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2827 | −0.123% | $160K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.428% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2800 | −0.187% | $111K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2898 | +0.041% | $261.6M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2852 | −0.065% | $212.5M | $426.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2870 | −0.023% | $60.3M | $286.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2835 | −0.104% | $244K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2845 | −0.082% | $32.0M | $59.5M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2900 | +0.047% | $70.7M | $142.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2810 | −0.163% | $52.9M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2862 | −0.042% | $70.9M | $127.9M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2860 | −0.047% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2828 | −0.122% | $8.1M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2783 | −0.225% | $250K | $948K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2800 | −0.187% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2854 | −0.061% | $273K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2893 | +0.030% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2970 | +0.210% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2860 | −0.047% | $459K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2920 | +0.093% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2772 | −0.251% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2924 | +0.102% | $200K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2850 | −0.070% | $13.4M | $31.6M | 75x | as long as short |
| Nado NEAR-PERP | +0.0248% | 1h | 4.2789 | −0.213% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.2840 | −0.093% | $2.3M | $15.8M | 50x | as long as short |
| Kalshi KXNEARPERPshort | +0.0271% | 8h | 4.2855 | −0.058% | $828K | $24.5M | 2.2x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0195% | 1h | 4.2840 | −0.094% | $229K | — | 100x | as long as short |
| Aster NEARUSDTlong | +0.0335% | 8h | 4.2880 | long leg | $2.8M | $5.5M | 50x | |
| ApeX Omni NEARUSDT | +0.0365% | 1h | 4.2740 | −0.326% | $164K | $793K | 50x | as long as short |
| Extended NEAR-USD | +0.0504% | 1h | 4.2869 | −0.025% | $3.7M | $19.9M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0638% | 1h | 4.2885 | +0.012% | $6K | $53K | 10x | as long as short |
| Lighter NEAR | +0.0656% | 1h | 4.2840 | −0.094% | $16.8M | $25.0M | 15x | as long as short |
| Hyperliquid NEAR | +0.0658% | 1h | 4.2875 | −0.012% | $350.1M | $311.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0680% | 1h | 4.2839 | −0.096% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0686% | 1h | 4.2907 | +0.063% | $1.3M | $6.8M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0737% | 1h | 4.2885 | +0.011% | $7.6M | $38.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.2820 | −0.140% | $210K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.2828 | −0.122% | $393K | $1.3M | 10x | as long as short |
| Lighter RH NEAR | +0.0864% | 1h | 4.2902 | +0.051% | $1.5M | $7.2M | 10x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.2873 | −0.016% | $1.8M | $2.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.2802 | −0.181% | $676K | $1.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1337% | 1h | 4.2918 | +0.089% | $1.9M | $10.6M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1463% | 1h | 4.2876 | −0.008% | $5K | $12K | 10x | as long as short |
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
ApeX Omni NEARUSDT
Extended NEAR-USD
SoDEX NEAR-USD
Lighter NEAR
Hyperliquid NEAR
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD