Funding you earn now, next payment 12:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.49 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against Bitget+0.288%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 7 days−0.264%−$26 · spread now +0.288%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kalshi is 0.248% dearer against Bitget than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NEARUSDT | 4.3718 | 0.0100 | pay 0.0100% / 8h | 7h 38m | $72.2M | $127.9M | 75x |
| Short | Kalshi KXNEARPERP | 4.3844 | 0.0149 | get 0.0149% / 8h | 3h 38m | $875K | $25.4M | 2.2x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Bitget. 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
- $10.2
- Price spread: +0.288% → +0.040%
- $24.82
- Slippage, 4 orders
- −$21.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$8.94
- Costs to cover
- 0.440%
- Break-even
- 13.1 days
Slippage from Bitget: live order book, 6 min ago; Kalshi: live order book, 5 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 Bitget live order book, 6 min ago | 2.16 bp | 11.5 bp −$11 | 17.2 bp −$172 | 40.6 bp −$4,056 | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 4.78 bp | 9.8 bp −$10 | 16.2 bp −$162 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0433% | 1h | 4.3648 | −0.161% | $7.2M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3725 | +0.015% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3686 | −0.073% | $107K | $67K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3668 | −0.114% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.279% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3710 | −0.018% | $119K | $504K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3701 | −0.038% | $2.7M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3719 | +0.002% | $220.4M | $428.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3710 | −0.018% | $61.6M | $295.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3720 | +0.005% | $221K | $1.5M | 10x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3657 | −0.140% | $36.4M | $62.1M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3690 | −0.064% | $52.5M | $45.6M | 75x | as long as short |
| Bitget NEARUSDTlong | +0.0100% | 8h | 4.3718 | long leg | $72.2M | $127.9M | 75x | |
| Variational Omni NEAR | +0.0100% | 8h | 4.3698 | −0.046% | $9.0M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3733 | +0.035% | $254K | $892K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3832 | +0.260% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3750 | +0.073% | $165K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3810 | +0.210% | $273K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3690 | −0.064% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3760 | +0.096% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3655 | −0.144% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3630 | −0.201% | $3.5M | $8.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3708 | −0.022% | $252K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3685 | −0.076% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3675 | −0.099% | $3.6M | $15.8M | 25x | as long as short |
| Binance NEARUSDT | +0.0108% | 8h | 4.3720 | +0.004% | $263.9M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0112% | 8h | 4.3680 | −0.087% | $90.7M | $157.1M | 200x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3685 | −0.075% | $203K | $40K | 3x | as long as short |
| BingX NEAR-USDC | +0.0122% | 8h | 4.3690 | −0.064% | — | $6.6M | — | as long as short |
| Kalshi KXNEARPERPshort | +0.0149% | 8h | 4.3844 | +0.288% | $875K | $25.4M | 2.2x | |
| Hyperliquid NEAR | +0.0202% | 1h | 4.3716 | −0.005% | $353.2M | $316.2M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0232% | 8h | 4.3660 | −0.133% | $12.5M | $32.3M | 75x | as long as short |
| Nado NEAR-PERP | +0.0272% | 1h | 4.3700 | −0.041% | $1.7M | $3.2M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.3740 | +0.050% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0351% / S −0.0254% | 1h | 4.3673 | −0.103% | $257K | — | 100x | as long as short |
| HTX NEAR-USDT | +0.0354% | 8h | 4.3800 | +0.188% | $463K | $3.7M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0437% | 1h | 4.3713 | −0.011% | $1.9M | $13.1M | 25x | as long as short |
| Lighter RH NEAR | +0.0456% | 1h | 4.3732 | +0.032% | $1.5M | $6.4M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3786 | +0.156% | $2.3M | $17.2M | 50x | as long as short |
| Lighter NEAR | +0.0488% | 1h | 4.3744 | +0.059% | $17.3M | $23.9M | 15x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0535% | 1h | 4.3652 | −0.151% | $1.1M | $7.2M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3721 | +0.008% | $595K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3681 | −0.084% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.3911 | +0.441% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1061% | 1h | 4.3856 | +0.317% | $5K | $7K | 10x | as long as short |
Bitget NEARUSDT
Kalshi KXNEARPERP
Kraken Futures PF_NEARUSD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Gate NEAR_USDT
KuCoin NEARUSDTM
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Paradex NEAR-USD-PERP
Extended NEAR-USD
Binance NEARUSDT
MEXC NEAR_USDT
BingX NEAR-USDC
Hyperliquid NEAR
BloFin NEAR-USDT
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Coinbase International NEAR-PERP-INTX
Lighter NEAR
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD