Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h +0.030%
Price spread now: GRVT against Kalshi+0.357%7-day average −0.003% · 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−$12as in the Price arb table
costs, in and out, $10k−$480.482% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 7 days−0.462%−$46 · spread now +0.357%, 7d avg −0.003%
=Together, before fees−0.252%+ Points / potential airdropGRVT: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.360% dearer against Kalshi than usual: you sell high and buy low (spread +0.357% now, against its 7-day average of −0.003%): +$36 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 44 days. Mind the row above: over the last 7 days funding on this pair paid +0.210%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXNEARPERP | 4.3425 | 0.0127 | pay 0.0127% / 8h | 7h 47m | $609K | $22.9M | 2.2x |
| Short | GRVT NEAR_USDT_Perp | 4.3580 | 0.0100 | get 0.0100% / 8h | 3h 47m | $1.4M | $1.5M | 10x |
Kalshi KXNEARPERP
GRVT NEAR_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$5.7
- Price spread: +0.357% → −0.003%
- $35.98
- Slippage, 4 orders
- −$29.16
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$17.89
- Costs to cover
- 0.482%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 2 min ago; GRVT: live order book, 1 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, 2 min ago | 6.99 bp | 12.0 bp −$12 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 1.15 bp | 13.6 bp −$14 | 25.0 bp −$250 | doesn't fit | doesn't fit |
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 | 4.3379 | −0.107% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3380 | −0.104% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3381 | −0.101% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.640% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3443 | +0.041% | $2.3M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3390 | −0.081% | $107K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3434 | +0.021% | $267.1M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3400 | −0.058% | $218.3M | $424.5M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3410 | −0.035% | $61.9M | $291.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3771 | +0.797% | $249K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3407 | −0.041% | $31.7M | $60.6M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3430 | +0.012% | $73.6M | $143.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3420 | −0.012% | $54.1M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3391 | −0.078% | $71.3M | $128.9M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3410 | −0.035% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3497 | +0.167% | $8.4M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3559 | +0.309% | $255K | $950K | 20x | as long as short |
| GRVT NEAR_USDT_Perpshort | +0.0100% | 8h | 4.3580 | +0.357% | $1.4M | $1.5M | 10x | |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3580 | +0.357% | $168K | $799K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3406 | −0.044% | $249K | $3.8M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3439 | +0.032% | $57K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3470 | +0.104% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3500 | +0.173% | $455K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3450 | +0.058% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3379 | −0.107% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3425 | 0.000% | $202K | $40K | 3x | as long as short |
| Kalshi KXNEARPERPlong | +0.0127% | 8h | 4.3425 | long leg | $609K | $22.9M | 2.2x | |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3410 | −0.035% | $13.7M | $32.2M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3415 | −0.023% | $412K | $1.2M | 10x | as long as short |
| Aster NEARUSDT | +0.0314% | 8h | 4.3430 | +0.012% | $2.9M | $5.6M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0319% / S −0.0191% | 1h | 4.3381 | −0.102% | $231K | — | 100x | as long as short |
| SoDEX NEAR-USD | +0.0392% | 1h | 4.3395 | −0.069% | $8K | $52K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0520% | 1h | 4.3440 | +0.035% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0523% | 1h | 4.3533 | +0.249% | $1.4M | $6.5M | 20x | as long as short |
| Hyperliquid NEAR | +0.0596% | 1h | 4.3439 | +0.032% | $357.5M | $318.7M | 10x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3480 | +0.127% | $213K | $1.6M | 10x | as long as short |
| Extended NEAR-USD | +0.0648% | 1h | 4.3388 | −0.085% | $3.9M | $19.7M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0710% | 1h | 4.3399 | −0.061% | $7.7M | $39.7M | 50x | as long as short |
| Nado NEAR-PERP | +0.0726% | 1h | 4.3415 | −0.023% | $1.9M | $3.1M | 10x | as long as short |
| Lighter RH NEAR | +0.0936% | 1h | 4.3457 | +0.074% | $1.5M | $7.3M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3717 | +0.672% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0948% | 1h | 4.3443 | +0.041% | $1.9M | $8.2M | 25x | as long as short |
| Lighter NEAR | +0.1152% | 1h | 4.3458 | +0.075% | $17.5M | $24.8M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3441 | +0.037% | $595K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1618% | 1h | 4.3567 | +0.328% | $5K | $12K | 10x | as long as short |
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Pacifica NEAR
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
SoDEX NEAR-USD
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Arcus NEAR-USD
Extended NEAR-USD
Kraken Futures PF_NEARUSD
Nado NEAR-PERP
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD