NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0220%/8h= +24.1% APRnext payment +$2.20 per $10,000 · paid last 24h +0.070%

Price spread now: BloFin against Kalshi+0.042%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$510.505% of the position

Long on Kalshi Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.426%+$43 on $10k

Price spread, last 4 days (all we have)+0.302%+$30 · spread now +0.042%, 7d avg +0.045%

Together, before fees+0.728%+$73 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXNEARPERP	4.4801	0	get 0.0000% / 8h	1h 48m	$842K	$26.2M	2.2x
Short	BloFin NEAR-USDT	4.4820	0.0220	get 0.0220% / 8h	5h 48m	$12.9M	$32.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.042%Rate

Funding earned: $46.2
Price spread: +0.042% → +0.045%: −$0.22
Slippage, 4 orders: −$28.51
Fee Kalshi: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$4.53
Costs to cover: 0.505%
Break-even: 7.7 days

Slippage from Kalshi: live order book, 4 min ago; BloFin: 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 Kalshi live order book, 4 min ago	7.57 bp	12.6 bp −$13	16.9 bp −$169	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	6.68 bp	12.7 bp −$13	15.1 bp −$151	34.3 bp −$3,435	85.6 bp −$42.8K

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
Kraken Futures PF_NEARUSD	−0.0235%	1h	4.4954	+0.341%	$7.4M	$36.9M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.4859	+0.130%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4874	+0.164%	$110K	$53K	10x	as long as short
Kalshi KXNEARPERPlong	0.0000%	8h	4.4801	long leg	$842K	$26.2M	2.2x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4768	−0.074%	$168K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.569%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4890	+0.199%	$123K	$503K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.4990	+0.421%	$2.7M	$4.7M	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.5012	+0.471%	$273.1M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4996	+0.435%	$232.3M	$427.7M	75x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4980	+0.400%	$64.3M	$299.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4950	+0.333%	$268K	$12K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4984	+0.408%	$40.0M	$62.0M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4980	+0.400%	$77.5M	$167.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4910	+0.243%	$53.3M	$43.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4965	+0.366%	$74.6M	$126.4M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.5000	+0.444%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4874	+0.162%	$8.9M	$16.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4861	+0.134%	$265K	$869K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4810	+0.020%	$1.5M	$1.7M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4790	−0.025%	$167K	$823K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4927	+0.281%	$279K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.5000	+0.444%	$58K	$269K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.5010	+0.467%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4985	+0.411%	$5K	$39K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4840	+0.087%	$465K	$3.7M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4840	+0.087%	$3.4M	$7.9M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.4922	+0.269%	$33K	$245	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4973	+0.383%	$3.8M	$15.0M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4975	+0.388%	$209K	$38K	3x	as long as short
Lighter NEAR	+0.0160%	1h	4.4912	+0.248%	$17.5M	$23.3M	15x	as long as short
Nado NEAR-PERP	+0.0199%	1h	4.4940	+0.310%	$1.8M	$3.1M	10x	as long as short
01 Exchange NEARUSD	+0.0216%	1h	4.4907	+0.237%	$13K	$4K	10x	as long as short
BloFin NEAR-USDTshort	+0.0220%	8h	4.4820	+0.042%	$12.9M	$32.5M	75x
Hyperliquid NEAR	+0.0227%	1h	4.4956	+0.346%	$362.2M	$314.7M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0341% / S −0.0226%	1h	4.4925	+0.277%	$263K	—	100x	as long as short
Arcus NEAR-USD	+0.0343%	1h	4.4930	+0.288%	$227K	$1.4M	10x	as long as short
Lighter RH NEAR	+0.0376%	1h	4.4927	+0.281%	$1.6M	$5.8M	10x	as long as short
RISEx NEAR/USDC	+0.0489%	1h	4.4907	+0.238%	$634K	$1.6M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0504%	1h	4.5027	+0.504%	$2.3M	$17.6M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0659%	1h	4.4878	+0.172%	$1.1M	$7.1M	20x	as long as short
Phoenix NEAR	+0.0741%	1h	4.4898	+0.217%	$1.7M	$2.7M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0839%	1h	4.5029	+0.509%	$1.9M	$13.0M	25x	as long as short
Pacifica NEAR	+0.0851%	1h	4.4884	+0.186%	$420K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1148%	1h	4.4893	+0.205%	$6K	$6K	10x	as long as short