Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.159%
Price spread now: HTX against Kalshi+0.049%7-day average +0.281% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$740.744% of the position
Funding, last 7 days+0.780%+$78 on $10k
+Price spread, last 4 days (all we have)+1.467%+$147 · spread now +0.049%, 7d avg +0.281%
=Funding pays, the price is against you. HTX is 0.231% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.049% now, against its 7-day average of +0.281%). If the spread goes back, that is −$23 on $10k: about 7.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.780% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXNEARPERP | 4.4708 | 0 | get 0.0000% / 8h | 1h 02m | $543K | $21.9M | 2.2x |
| Short | HTX NEAR-USDT | 4.4730 | 0.0100 | get 0.0100% / 8h | 5h 02m | $460K | $4.1M | 75x |
Kalshi KXNEARPERP
HTX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.049% → +0.281%
- −$23.13
- Slippage, 4 orders
- −$52.4
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$76.53
- Costs to cover
- 0.744%
- Break-even
- 32.5 days
Slippage from Kalshi: live order book, 1 min ago; HTX: 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, 1 min ago | 8.04 bp | 13.0 bp −$13 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell HTX live order book, 1 min ago | 3.35 bp | 25.0 bp −$25 | 70.9 bp −$709 | 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 | 4.4750 | +0.094% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4728 | +0.045% | $2.2M | $15.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4704 | −0.009% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERPlong | 0.0000% | 8h | 4.4708 | long leg | $543K | $21.9M | 2.2x | |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4760 | +0.116% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.377% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4750 | +0.094% | $116K | $516K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4708 | −0.001% | $427K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4720 | +0.027% | $273.5M | $1.12B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4687 | −0.047% | $223.7M | $429.4M | 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 | 4.4660 | −0.107% | $63.7M | $306.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4470 | −0.533% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4727 | +0.042% | $32.4M | $65.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4690 | −0.040% | $76.2M | $150.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4730 | +0.049% | $55.4M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4706 | −0.004% | $73.6M | $131.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4720 | +0.027% | — | $147.3M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4486 | −0.496% | $8.6M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4501 | −0.462% | $267K | $977K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4479 | −0.513% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4460 | −0.555% | $171K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4777 | +0.154% | $250K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4721 | +0.029% | $57K | $237K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4830 | +0.273% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4710 | +0.004% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDTshort | +0.0100% | 8h | 4.4730 | +0.049% | $460K | $4.1M | 75x | |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4670 | −0.085% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4672 | −0.081% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4731 | +0.052% | $208K | $40K | 3x | as long as short |
| Extended NEAR-USD | +0.0208% | 1h | 4.4710 | +0.004% | $4.0M | $19.5M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4680 | −0.063% | $14.4M | $33.6M | 75x | as long as short |
| Aster NEARUSDT | +0.0293% | 8h | 4.4728 | +0.046% | $3.1M | $5.6M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0354% / S −0.0235% | 1h | 4.4756 | +0.108% | $268K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0376% | 1h | 4.4776 | +0.152% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4810 | +0.228% | $216K | $1.8M | 10x | as long as short |
| Nado NEAR-PERP | +0.0470% | 1h | 4.4736 | +0.062% | $1.9M | $3.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0533% | 1h | 4.4760 | +0.116% | $2.0M | $4.5M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0539% | 1h | 4.4733 | +0.056% | $1.4M | $6.7M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0690% | 1h | 4.4674 | −0.075% | $8.3M | $41.3M | 50x | as long as short |
| Lighter RH NEAR | +0.0704% | 1h | 4.4775 | +0.150% | $1.6M | $7.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0763% | 1h | 4.4761 | +0.120% | $372.5M | $326.7M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.4578 | −0.291% | $1.8M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4777 | +0.155% | $574K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.1112% | 1h | 4.4750 | +0.094% | $18.0M | $27.2M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1611% | 1h | 4.4908 | +0.448% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
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
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
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD