NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.030%

Price spread now: Kalshi against GRVT+0.021%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$480.482% of the position

Long on GRVT Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 7 days+0.085%+$8 · spread now +0.021%, 7d avg +0.003%

Together, before fees−0.125%+ Points / potential airdropGRVT: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.210%, 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	GRVT NEAR_USDT_Perp	4.3580	0.0100	pay 0.0100% / 8h	3h 47m	$1.4M	$1.5M	10x
Short	Kalshi KXNEARPERP	4.3589	0.0127	get 0.0127% / 8h	7h 47m	$581K	$22.7M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against GRVT. 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 GRVTbpFee KalshibpOrdersPrice spread, now +0.021%Rate

Funding earned: $5.7
Price spread: +0.021% → +0.003%: $1.78
Slippage, 4 orders: −$29.16
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$40.69
Costs to cover: 0.482%
Break-even: 56.9 days

Slippage from GRVT: live order book, 1 min ago; Kalshi: live order book, 2 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 GRVT live order book, 1 min ago	1.15 bp	10.6 bp −$11	36.1 bp −$361	doesn't fit	doesn't fit
Sell Kalshi live order book, 2 min ago	6.99 bp	12.0 bp −$12	19.9 bp −$199	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	4.3379	−0.462%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3380	−0.460%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3381	−0.456%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.979%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3594	+0.032%	$2.3M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3390	−0.436%	$107K	$502K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3430	−0.344%	$267.0M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3373	−0.475%	$218.2M	$424.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3380	−0.459%	$61.9M	$291.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3771	+0.439%	$249K	−$0	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	4.3398	−0.418%	$31.7M	$60.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3430	−0.344%	$73.6M	$143.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3420	−0.367%	$54.1M	$46.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3378	−0.464%	$71.2M	$128.9M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3430	−0.344%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3497	−0.190%	$8.4M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3559	−0.048%	$255K	$950K	20x	as long as short
GRVT NEAR_USDT_Perplong	+0.0100%	8h	4.3580	long leg	$1.4M	$1.5M	10x
ApeX Omni NEARUSDT	+0.0100%	1h	4.3580	0.000%	$168K	$799K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3406	−0.399%	$249K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3543	−0.085%	$56K	$245K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3670	+0.207%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3670	+0.207%	$457K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3580	0.000%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3379	−0.462%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3553	−0.061%	$202K	$40K	3x	as long as short
Kalshi KXNEARPERPshort	+0.0127%	8h	4.3589	+0.021%	$581K	$22.7M	2.2x
BloFin NEAR-USDT	+0.0220%	8h	4.3570	−0.023%	$13.8M	$32.3M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3415	−0.379%	$412K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0314%	8h	4.3450	−0.298%	$2.9M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0319% / S −0.0191%	1h	4.3507	−0.168%	$231K	—	100x	as long as short
SoDEX NEAR-USD	+0.0394%	1h	4.3517	−0.145%	$8K	$52K	10x	as long as short
01 Exchange NEARUSD	+0.0520%	1h	4.3440	−0.321%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0523%	1h	4.3533	−0.108%	$1.4M	$6.5M	20x	as long as short
Hyperliquid NEAR	+0.0596%	1h	4.3439	−0.324%	$357.5M	$318.7M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3480	−0.229%	$213K	$1.6M	10x	as long as short
Extended NEAR-USD	+0.0648%	1h	4.3403	−0.406%	$3.9M	$19.7M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0708%	1h	4.3530	−0.114%	$7.7M	$39.7M	50x	as long as short
Nado NEAR-PERP	+0.0726%	1h	4.3415	−0.379%	$1.9M	$3.1M	10x	as long as short
Lighter RH NEAR	+0.0936%	1h	4.3462	−0.271%	$1.5M	$7.3M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3717	+0.314%	$1.8M	$2.8M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0945%	1h	4.3554	−0.060%	$1.9M	$8.2M	25x	as long as short
Lighter NEAR	+0.1152%	1h	4.3473	−0.245%	$17.5M	$24.8M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3441	−0.318%	$595K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1618%	1h	4.3567	−0.029%	$5K	$12K	10x	as long as short