NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.030%

Price spread now: Kalshi against Gate+0.417%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$550.551% of the position

Long on Gate Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.188%−$19 on $10k

Price spread, last 7 days−0.442%−$44 · spread now +0.417%, 7d avg +0.015%

Together, before fees−0.629%−$63 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kalshi is 0.402% dearer against Gate than usual: you sell high and buy low, +$40 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NEAR_USDT	4.5030	0.0100	pay 0.0100% / 8h	6h 17m	$39.8M	$63.3M	75x
Short	Kalshi KXNEARPERP	4.5218	0.0109	get 0.0109% / 8h	2h 17m	$824K	$26.3M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Gate. 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 GatebpFee KalshibpOrdersPrice spread, now +0.417%Rate

Funding earned: $1.88
Price spread: +0.417% → +0.015%: $40.25
Slippage, 4 orders: −$30.08
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$12.96
Costs to cover: 0.551%
Break-even: 55.2 days

Slippage from Gate: 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 Gate live order book, 4 min ago	2.09 bp	13.9 bp −$14	22.5 bp −$225	36.6 bp −$3,661	51.4 bp −$25.7K
Sell Kalshi live order book, 4 min ago	4.85 bp	13.2 bp −$13	17.9 bp −$179	doesn't fit	doesn't fit

NEAR on 45 exchanges

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	4.5141	+0.245%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0140%	1h	4.5033	+0.007%	$7.4M	$38.1M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.5206	+0.390%	$111K	$53K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.5132	+0.227%	$169K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−8.039%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.5210	+0.400%	$124K	$522K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.5049	+0.043%	$2.7M	$4.8M	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.5057	+0.061%	$274.1M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.5080	+0.111%	$234.8M	$433.0M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.5080	+0.111%	$64.4M	$310.5M	50x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NEAR-USD	+0.0100%	1h	4.5240	+0.466%	$233K	$1.4M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.5400	+0.822%	$271K	$12K	10x	as long as short
Gate NEAR_USDTlong	+0.0100%	8h	4.5030	long leg	$39.8M	$63.3M	75x
MEXC NEAR_USDT	+0.0100%	8h	4.5050	+0.044%	$78.0M	$171.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.5040	+0.022%	$53.3M	$45.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.5010	−0.044%	$74.6M	$130.0M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.5070	+0.089%	—	$78.3M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.5256	+0.501%	$9.5M	$17.3M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.5302	+0.605%	$268K	$869K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.5423	+0.873%	$1.5M	$1.7M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.5280	+0.555%	$169K	$826K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.5181	+0.335%	$284K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.5063	+0.073%	$58K	$269K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.5270	+0.533%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.5060	+0.067%	$5K	$42K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.5220	+0.422%	$469K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.5020	−0.022%	$3.4M	$8.0M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0103%	8h	4.5139	+0.242%	$33K	$51	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.5022	−0.018%	$3.8M	$15.1M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.5055	+0.056%	$209K	$38K	3x	as long as short
Kalshi KXNEARPERPshort	+0.0109%	8h	4.5218	+0.417%	$824K	$26.3M	2.2x
01 Exchange NEARUSD	+0.0160%	1h	4.5225	+0.433%	$13K	$5K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.5120	+0.200%	$13.0M	$33.0M	75x	as long as short
Hyperliquid NEAR	+0.0281%	1h	4.5066	+0.080%	$363.7M	$324.1M	10x	as long as short
Lighter NEAR	+0.0304%	1h	4.5078	+0.107%	$17.6M	$23.8M	15x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0342% / S −0.0235%	1h	4.5136	+0.234%	$260K	—	100x	as long as short
Nado NEAR-PERP	+0.0430%	1h	4.5170	+0.311%	$1.7M	$3.2M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0520%	1h	4.5194	+0.364%	$2.3M	$17.8M	50x	as long as short
RISEx NEAR/USDC	+0.0569%	1h	4.5227	+0.438%	$646K	$1.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0571%	1h	4.5092	+0.138%	$1.9M	$13.1M	25x	as long as short
Lighter RH NEAR	+0.0616%	1h	4.5089	+0.131%	$1.6M	$6.1M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0721%	1h	4.5065	+0.078%	$1.1M	$7.0M	20x	as long as short
Phoenix NEAR	+0.0851%	1h	4.5306	+0.613%	$1.7M	$2.5M	10x	as long as short
Pacifica NEAR	+0.0883%	1h	4.5177	+0.327%	$419K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1169%	1h	4.5245	+0.477%	$6K	$7K	10x	as long as short