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 −0.166%

Price spread now: Kalshi against HTX−0.004%7-day average −0.279% · you buy dearer than you sell

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$550.547% of the position

Long on HTX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.786%−$79 on $10k

Price spread, last 4 days (all we have)−0.909%−$91 · spread now −0.004%, 7d avg −0.279%

Together, before fees−1.695%−$170 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 0.274% dearer against HTX than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.279%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NEAR-USDT	4.5220	0.0100	pay 0.0100% / 8h	6h 17m	$469K	$3.9M	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 HTX. 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 HTXbpFee KalshibpOrdersPrice spread, now −0.004%Rate

Funding earned: $1.88
Price spread: −0.004% → −0.279%: $27.42
Slippage, 4 orders: −$32.68
Fee HTX: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$25.38
Costs to cover: 0.547%
Break-even: 101.5 days

Slippage from HTX: 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 HTX live order book, 4 min ago	5.50 bp	18.1 bp −$18	43.1 bp −$431	doesn't fit	doesn't fit
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	−0.176%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0140%	1h	4.5033	−0.413%	$7.4M	$38.1M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.5206	−0.032%	$111K	$53K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.5132	−0.195%	$169K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−8.425%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.5100	−0.265%	$124K	$522K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.5095	−0.277%	$2.7M	$4.8M	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.5114	−0.235%	$274.2M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.5123	−0.215%	$235.0M	$432.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.5150	−0.155%	$64.5M	$310.9M	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	4.5130	−0.199%	$232K	$1.4M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.5102	−0.261%	$269K	$12K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.5092	−0.283%	$39.8M	$63.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.5100	−0.265%	$78.1M	$171.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.5100	−0.265%	$53.4M	$45.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.5074	−0.323%	$74.7M	$130.0M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.5100	−0.265%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.5256	+0.079%	$9.5M	$17.3M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.5148	−0.160%	$267K	$870K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.5120	−0.222%	$1.5M	$1.7M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.5280	+0.133%	$169K	$826K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.5181	−0.086%	$284K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.5063	−0.347%	$58K	$269K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.5270	+0.111%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.5060	−0.354%	$5K	$42K	10x	as long as short
HTX NEAR-USDTlong	+0.0100%	8h	4.5220	long leg	$469K	$3.9M	75x
Phemex NEARUSDT	+0.0100%	8h	4.5020	−0.442%	$3.4M	$8.0M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0103%	8h	4.5092	−0.284%	$33K	$51	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.5091	−0.285%	$3.8M	$15.1M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.5055	−0.365%	$209K	$38K	3x	as long as short
Kalshi KXNEARPERPshort	+0.0109%	8h	4.5218	−0.004%	$824K	$26.3M	2.2x
01 Exchange NEARUSD	+0.0160%	1h	4.5120	−0.221%	$13K	$5K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.5120	−0.221%	$13.0M	$33.0M	75x	as long as short
Hyperliquid NEAR	+0.0282%	1h	4.5127	−0.206%	$364.2M	$324.1M	10x	as long as short
Lighter NEAR	+0.0304%	1h	4.5135	−0.189%	$17.6M	$23.8M	15x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0342% / S −0.0235%	1h	4.5136	−0.187%	$260K	—	100x	as long as short
Nado NEAR-PERP	+0.0432%	1h	4.5125	−0.210%	$1.7M	$3.2M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0520%	1h	4.5194	−0.057%	$2.3M	$17.8M	50x	as long as short
RISEx NEAR/USDC	+0.0569%	1h	4.5118	−0.226%	$644K	$1.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0571%	1h	4.5092	−0.283%	$1.9M	$13.1M	25x	as long as short
Lighter RH NEAR	+0.0616%	1h	4.5132	−0.195%	$1.6M	$6.1M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0721%	1h	4.5065	−0.343%	$1.1M	$7.0M	20x	as long as short
Phoenix NEAR	+0.0851%	1h	4.5306	+0.190%	$1.7M	$2.5M	10x	as long as short
Pacifica NEAR	+0.0883%	1h	4.5091	−0.286%	$418K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1169%	1h	4.5245	+0.055%	$6K	$7K	10x	as long as short