NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Binance against Kalshi+0.153%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$380.376% of the position

Long on Kalshi Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.170%+$17 on $10k

Price spread, last 7 days−0.192%−$19 · spread now +0.153%, 7d avg −0.005%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.158% dearer against Kalshi than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXNEARPERP	4.1314	0	get 0.0000% / 8h	6h 00m	$399K	$18.3M	2.2x
Short	Binance NEARUSDT	4.1377	0.0100	get 0.0100% / 8h	2h 00m	$235.8M	$1.08B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Kalshi. 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 KalshibpFee BinancebpOrdersPrice spread, now +0.153%Rate

Funding earned: $21
Price spread: +0.153% → −0.005%: $15.85
Slippage, 4 orders: −$17.64
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$0.79
Costs to cover: 0.376%
Break-even: 7.3 days

Slippage from Kalshi: live order book, 3 min ago; Binance: live order book, 14 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 Kalshi live order book, 3 min ago	6.16 bp	11.2 bp −$11	17.8 bp −$178	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	1.21 bp	6.9 bp −$7	10.6 bp −$106	23.9 bp −$2,390	94.5 bp −$47.3K

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	4.1367	+0.129%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0024%	1h	4.1338	+0.058%	$2.1M	$12.6M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.1408	+0.227%	$104K	$54K	10x	as long as short
Kalshi KXNEARPERPlong	0.0000%	8h	4.1314	long leg	$399K	$18.3M	2.2x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1386	+0.174%	$205K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	+0.232%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.1380	+0.160%	$110K	$493K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.1393	+0.191%	$53K	$157K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1360	+0.110%	$30K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.1410	+0.232%	$2.9M	$5.9M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.1395	+0.197%	$349K	$1.2M	10x	as long as short
Binance NEARUSDTshort	+0.0100%	8h	4.1377	+0.153%	$235.8M	$1.08B	75x
Bybit NEARUSDT	+0.0100%	8h	4.1370	+0.136%	$210.6M	$428.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1370	+0.136%	$56.4M	$276.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1252	−0.150%	$235K	$6K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.1372	+0.140%	$29.5M	$58.5M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.1370	+0.136%	$81.5M	$145.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.1400	+0.208%	$56.0M	$44.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1393	+0.191%	$68.8M	$126.8M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.1360	+0.111%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.1203	−0.268%	$7.6M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1358	+0.106%	$236K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1313	−0.002%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1340	+0.063%	$181K	$793K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1415	+0.244%	$203K	$3.1M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.1410	+0.232%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.1395	+0.196%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1420	+0.257%	$3.8M	$8.2M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1345	+0.076%	$3.8M	$14.7M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.1385	+0.172%	$201K	$61K	3x	as long as short
Arcus NEAR-USD	+0.0118%	1h	4.1380	+0.160%	$308K	$1.6M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0150%	1h	4.1454	+0.339%	$7.5M	$37.1M	50x	as long as short
01 Exchange NEARUSD	+0.0152%	1h	4.1375	+0.148%	$12K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.1360	+0.111%	$12.3M	$33.6M	75x	as long as short
Lighter RH NEAR	+0.0256%	1h	4.1468	+0.373%	$1.4M	$7.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0354%	1h	4.1422	+0.261%	$1.8M	$2.1M	25x	as long as short
Nado NEAR-PERP	+0.0356%	1h	4.1355	+0.099%	$1.8M	$3.6M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0377% / S −0.0324%	1h	4.1390	+0.185%	$276K	—	100x	as long as short
RISEx NEAR/USDC	+0.0569%	1h	4.1389	+0.181%	$412K	$1.2M	10x	as long as short
Phoenix NEAR	+0.0582%	1h	4.1419	+0.254%	$1.7M	$2.8M	10x	as long as short
Lighter NEAR	+0.0704%	1h	4.1426	+0.272%	$15.2M	$23.1M	15x	as long as short
Backpack NEAR_USDC_PERP	+0.0741%	1h	4.1478	+0.397%	$1.4M	$5.7M	20x	as long as short
Hyperliquid NEAR	+0.0829%	1h	4.1438	+0.300%	$348.4M	$299.5M	10x	as long as short
Aftermath Perps NEARUSD	+0.0927%	1h	4.1332	+0.044%	$5K	$11K	10x	as long as short
HTX NEAR-USDT	+0.1056%	8h	4.1400	+0.208%	$445K	$3.7M	75x	as long as short