Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: BingX against Kalshi+0.104%50s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 7 days−0.256%−$26 · spread now +0.104%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.125% dearer against Kalshi than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXNEARPERP | 4.5193 | 0 | get 0.0000% / 8h | 1h 08m | $536K | $21.3M | 2.2x |
| Short | BingX NEAR-USDT | 4.5240 | 0.0100 | get 0.0100% / 8h | 5h 08m | — | $146.8M | — |
Kalshi KXNEARPERP
BingX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kalshi. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +0.104% → −0.021%
- $12.54
- Slippage, 4 orders
- −$19.67
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$6.13
- Costs to cover
- 0.397%
- Break-even
- 9.0 days
Slippage from Kalshi: live order book, 6 min ago; BingX: live order book, 11 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, 6 min ago | 8.53 bp | 13.5 bp −$14 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 1.10 bp | 6.5 bp −$7 | 10.1 bp −$101 | 19.8 bp −$1,980 | 47.5 bp −$23.7K |
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 | 4.5228 | +0.078% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.5250 | +0.126% | $2.2M | $15.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5286 | +0.207% | $112K | $70K | 10x | as long as short |
| Kalshi KXNEARPERPlong | 0.0000% | 8h | 4.5193 | long leg | $536K | $21.3M | 2.2x | |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5237 | +0.097% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.371% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5290 | +0.215% | $114K | $513K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.5340 | +0.325% | $433K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5281 | +0.194% | $277.9M | $1.11B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5236 | +0.095% | $226.7M | $425.0M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5220 | +0.060% | $65.3M | $307.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5467 | +0.605% | $259K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5217 | +0.053% | $32.8M | $64.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5260 | +0.148% | $76.9M | $148.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5290 | +0.215% | $56.0M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5251 | +0.128% | $74.5M | $129.6M | 75x | as long as short |
| BingX NEAR-USDTshort | +0.0100% | 8h | 4.5240 | +0.104% | — | $146.8M | — | |
| Variational Omni NEAR | +0.0100% | 8h | 4.5696 | +1.113% | $8.8M | $18.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5623 | +0.952% | $274K | $975K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5530 | +0.746% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5670 | +1.055% | $176K | $796K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5296 | +0.228% | $222K | $3.8M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5248 | +0.122% | $58K | $237K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5390 | +0.436% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5314 | +0.268% | $8K | $54K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5340 | +0.325% | $468K | $4.1M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5300 | +0.237% | $3.8M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.5322 | +0.286% | $33K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5255 | +0.137% | $210K | $40K | 3x | as long as short |
| Extended NEAR-USD | +0.0160% | 1h | 4.5258 | +0.144% | $4.2M | $19.3M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5300 | +0.237% | $14.0M | $34.0M | 75x | as long as short |
| Aster NEARUSDT | +0.0296% | 8h | 4.5299 | +0.234% | $3.1M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0360% / S −0.0248% | 1h | 4.5234 | +0.090% | $273K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0384% | 1h | 4.5349 | +0.345% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.5380 | +0.414% | $219K | $1.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0417% | 1h | 4.5271 | +0.174% | $2.0M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0566% | 1h | 4.5335 | +0.314% | $1.4M | $6.7M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0655% | 1h | 4.5369 | +0.389% | $2.0M | $4.5M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0679% | 1h | 4.5352 | +0.351% | $8.4M | $41.3M | 50x | as long as short |
| Lighter RH NEAR | +0.0712% | 1h | 4.5390 | +0.436% | $1.6M | $7.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0814% | 1h | 4.5320 | +0.281% | $379.2M | $321.2M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.5621 | +0.947% | $1.9M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.5362 | +0.375% | $576K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.1136% | 1h | 4.5391 | +0.437% | $18.2M | $26.9M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1596% | 1h | 4.5385 | +0.424% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Extended NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Arcus NEAR-USD
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD