NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.71 per $10,000 · paid last 24h −0.066%

Price spread now: Kalshi against BloFin−0.131%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$430.427% of the position

Long on BloFin Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.405%−$40 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.131%, 7d avg −0.042%

Together, before fees−0.461%−$46 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 0.088% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.042%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NEAR-USDT	4.4330	0.0325	pay 0.0325% / 8h	1h 25m	$13.8M	$32.8M	75x
Short	Kalshi KXNEARPERP	4.4272	0.0254	get 0.0254% / 8h	5h 25m	$1.1M	$25.0M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee KalshibpOrdersPrice spread, now −0.131%Rate

Funding earned: −$14.89
Price spread: −0.131% → −0.042%: −$8.85
Slippage, 4 orders: −$20.67
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$66.41
Costs to cover: 0.427%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Kalshi: live order book, 4 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 BloFin live order book, 4 min ago	3.41 bp	9.4 bp −$9	12.4 bp −$124	35.4 bp −$3,539	106.1 bp −$53.0K
Sell Kalshi live order book, 4 min ago	6.04 bp	11.0 bp −$11	18.0 bp −$180	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	4.4187	−0.324%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4161	−0.381%	$109K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4186	−0.325%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.587%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4280	−0.113%	$112K	$491K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4336	+0.014%	$224.7M	$433.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4330	0.000%	$62.8M	$297.6M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4350	+0.045%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4328	−0.005%	$35.6M	$61.7M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4350	+0.045%	$53.7M	$46.0M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.4323	−0.016%	$72.8M	$127.6M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4187	−0.322%	$8.8M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4030	−0.676%	$257K	$915K	20x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4010	−0.722%	$166K	$805K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4336	+0.014%	$294K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4318	−0.027%	$59K	$236K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4410	+0.180%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4230	−0.226%	$464K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4340	+0.023%	$3.6M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0105%	8h	4.4160	−0.383%	$32K	$585	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0108%	8h	4.4030	−0.678%	$1.5M	$1.5M	10x	as long as short
Aevo NEAR-PERP	+0.0128%	1h	4.4335	+0.011%	$206K	$38K	3x	as long as short
Extended NEAR-USD	+0.0184%	1h	4.4319	−0.024%	$3.7M	$18.4M	25x	as long as short
SoDEX NEAR-USD	+0.0198%	1h	4.4305	−0.056%	$5K	$52K	10x	as long as short
BingX NEAR-USDT	+0.0200%	8h	4.4350	+0.045%	—	$144.2M	—	as long as short
MEXC NEAR_USDT	+0.0201%	8h	4.4330	0.000%	$80.6M	$149.0M	200x	as long as short
Binance NEARUSDT	+0.0205%	8h	4.4359	+0.065%	$270.7M	$1.09B	75x	as long as short
Kalshi KXNEARPERPshort	+0.0254%	8h	4.4272	−0.131%	$1.1M	$25.0M	2.2x
Aster NEARUSDT	+0.0304%	8h	4.4337	+0.016%	$2.8M	$5.0M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0314% / S −0.0198%	1h	4.3978	−0.793%	$234K	—	100x	as long as short
BloFin NEAR-USDTlong	+0.0325%	8h	4.4330	long leg	$13.8M	$32.8M	75x
Backpack NEAR_USDC_PERP	+0.0416%	1h	4.4378	+0.108%	$1.3M	$6.9M	20x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.4353	+0.052%	$2.3M	$16.8M	50x	as long as short
01 Exchange NEARUSD	+0.0440%	1h	4.4323	−0.016%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0475%	1h	4.4391	+0.138%	$362.2M	$315.2M	10x	as long as short
Nado NEAR-PERP	+0.0584%	1h	4.4295	−0.079%	$1.7M	$3.2M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0659%	1h	4.4298	−0.072%	$7.3M	$38.3M	50x	as long as short
Lighter NEAR	+0.0832%	1h	4.4385	+0.124%	$17.4M	$25.3M	15x	as long as short
Arcus NEAR-USD	+0.0880%	1h	4.4300	−0.068%	$228K	$1.6M	10x	as long as short
Lighter RH NEAR	+0.0920%	1h	4.4386	+0.126%	$1.5M	$6.7M	10x	as long as short
Phoenix NEAR	+0.1003%	1h	4.4297	−0.074%	$1.8M	$2.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1037%	1h	4.4339	+0.020%	$1.9M	$13.1M	25x	as long as short
Pacifica NEAR	+0.1187%	1h	4.4204	−0.284%	$422K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1256%	1h	4.4219	−0.250%	$5K	$12K	10x	as long as short
RISEx NEAR/USDC	+0.1259%	1h	4.4229	−0.229%	$665K	$1.4M	10x	as long as short