Funding you earn now, next payment 12:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.26 per $10,000 · paid last 24h +0.030%
Price spread now: Gate against Kalshi+0.139%48s7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as 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−$660.663% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 7 days−0.138%−$14 · spread now +0.139%, 7d avg −0.018%
=The price spread pays, funding is against you. Gate is 0.158% dearer against Kalshi than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of −0.018%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days. Mind the row above: over the last 7 days funding on this pair paid +0.188%, so the current rate has only just turned against you. The two prices were read 48 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 | 4.5213 | 0.0126 | pay 0.0126% / 8h | 2h 58m | $892K | $25.4M | 2.2x |
| Short | Gate NEAR_USDT | 4.5276 | 0.0100 | get 0.0100% / 8h | 6h 58m | $38.9M | $61.1M | 75x |
Kalshi KXNEARPERP
Gate NEAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$5.51
- Price spread: +0.139% → −0.018%
- $15.77
- Slippage, 4 orders
- −$41.35
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$56.09
- Costs to cover
- 0.663%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 5 min ago; Gate: live order book, 6 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, 5 min ago | 6.49 bp | 11.5 bp −$11 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 2.75 bp | 18.9 bp −$19 | 44.1 bp −$441 | 48.8 bp −$4,882 | 63.7 bp −$31.8K |
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 | 4.5367 | +0.340% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0140% | 1h | 4.5261 | +0.107% | $7.4M | $38.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5257 | +0.098% | $110K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5437 | +0.495% | $170K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.411% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5340 | +0.281% | $119K | $522K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5329 | +0.256% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5300 | +0.192% | $275.2M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5281 | +0.150% | $235.2M | $434.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5260 | +0.104% | $64.6M | $309.5M | 50x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.5370 | +0.347% | $234K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5050 | −0.361% | $260K | $3K | 10x | as long as short |
| Gate NEAR_USDTshort | +0.0100% | 8h | 4.5276 | +0.139% | $38.9M | $61.1M | 75x | |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5320 | +0.237% | $83.3M | $162.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5340 | +0.281% | $53.9M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5310 | +0.215% | $74.8M | $128.3M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.5300 | +0.192% | — | $82.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5317 | +0.229% | $9.4M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5428 | +0.475% | $268K | $901K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5362 | +0.330% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5390 | +0.391% | $169K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5323 | +0.243% | $282K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5296 | +0.184% | $59K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5360 | +0.325% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5275 | +0.137% | $5K | $49K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5250 | +0.082% | $3.5M | $8.0M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5318 | +0.231% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5290 | +0.170% | $211K | $38K | 3x | as long as short |
| Paradex NEAR-USD-PERP | +0.0109% | 8h | 4.5315 | +0.226% | $33K | $413 | 10x | as long as short |
| Kalshi KXNEARPERPlong | +0.0126% | 8h | 4.5213 | long leg | $892K | $25.4M | 2.2x | |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5280 | +0.148% | $12.7M | $33.4M | 75x | as long as short |
| Hyperliquid NEAR | +0.0238% | 1h | 4.5358 | +0.321% | $368.7M | $321.3M | 10x | as long as short |
| HTX NEAR-USDT | +0.0251% | 8h | 4.5290 | +0.170% | $479K | $3.8M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0344% | 1h | 4.5356 | +0.316% | $13K | $5K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0347% / S −0.0242% | 1h | 4.5333 | +0.265% | $265K | — | 100x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5344 | +0.290% | $2.4M | $17.8M | 50x | as long as short |
| Lighter RH NEAR | +0.0552% | 1h | 4.5324 | +0.246% | $1.6M | $6.0M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5355 | +0.314% | $649K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0592% | 1h | 4.5324 | +0.245% | $17.8M | $23.3M | 15x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0669% | 1h | 4.5315 | +0.226% | $1.1M | $7.2M | 20x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.5602 | +0.860% | $1.7M | $2.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0811% | 1h | 4.5320 | +0.237% | $1.7M | $3.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0833% | 1h | 4.5300 | +0.192% | $2.0M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.5283 | +0.155% | $427K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1259% | 1h | 4.5350 | +0.302% | $6K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
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
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Paradex NEAR-USD-PERP
BloFin NEAR-USDT
Hyperliquid NEAR
HTX NEAR-USDT
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
RISEx NEAR/USDC
Lighter NEAR
Backpack NEAR_USDC_PERP
Phoenix NEAR
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Aftermath Perps NEARUSD