NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0154%/8h= −16.8% APRnext payment −$1.54 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Kalshi+0.041%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$580.581% of the position

Long on Kalshi Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.175%+$17 on $10k

Price spread, last 7 days−0.091%−$9 · spread now +0.041%, 7d avg +0.012%

Together, before fees+0.083%+$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.028% dearer against Kalshi than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of +0.012%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 15 hours. Mind the row above: over the last 7 days funding on this pair paid +0.175%, 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	4.4212	0.0254	pay 0.0254% / 8h	5h 25m	$1.0M	$25.0M	2.2x
Short	KuCoin NEARUSDTM	4.4230	0.0100	get 0.0100% / 8h	1h 25m	$53.6M	$46.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.041%Rate

Funding earned: −$32.27
Price spread: +0.041% → +0.012%: $2.84
Slippage, 4 orders: −$36.14
Fee Kalshi: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$87.58
Costs to cover: 0.581%
Break-even: never at this rate

Slippage from Kalshi: live order book, 3 min ago; KuCoin: 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, 3 min ago	6.04 bp	11.0 bp −$11	19.4 bp −$194	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	2.28 bp	15.4 bp −$15	31.3 bp −$313	92.8 bp −$9,277	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	4.4187	−0.058%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4161	−0.115%	$109K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4186	−0.059%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.338%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4280	+0.154%	$112K	$491K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4307	+0.215%	$224.6M	$433.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4320	+0.244%	$62.7M	$297.5M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4350	+0.312%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4220	+0.018%	$35.5M	$61.6M	75x	as long as short
KuCoin NEARUSDTMshort	+0.0100%	8h	4.4230	+0.041%	$53.6M	$46.1M	75x

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.4231	+0.043%	$72.6M	$127.6M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4187	−0.056%	$8.8M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4030	−0.411%	$257K	$915K	20x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4010	−0.457%	$166K	$805K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4212	0.000%	$293K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4220	+0.018%	$59K	$236K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4250	+0.086%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4370	+0.357%	$465K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4240	+0.063%	$3.6M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0105%	8h	4.4160	−0.117%	$32K	$585	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0108%	8h	4.4030	−0.413%	$1.5M	$1.5M	10x	as long as short
Aevo NEAR-PERP	+0.0128%	1h	4.4235	+0.052%	$206K	$38K	3x	as long as short
Extended NEAR-USD	+0.0184%	1h	4.4244	+0.073%	$3.7M	$18.4M	25x	as long as short
SoDEX NEAR-USD	+0.0190%	1h	4.4205	−0.016%	$5K	$52K	10x	as long as short
BingX NEAR-USDT	+0.0193%	8h	4.4250	+0.086%	—	$144.2M	—	as long as short
MEXC NEAR_USDT	+0.0201%	8h	4.4270	+0.131%	$80.5M	$148.8M	200x	as long as short
Binance NEARUSDT	+0.0205%	8h	4.4318	+0.240%	$270.4M	$1.08B	75x	as long as short
Kalshi KXNEARPERPlong	+0.0254%	8h	4.4212	long leg	$1.0M	$25.0M	2.2x
Aster NEARUSDT	+0.0304%	8h	4.4274	+0.140%	$2.8M	$5.0M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0314% / S −0.0198%	1h	4.3978	−0.528%	$234K	—	100x	as long as short
BloFin NEAR-USDT	+0.0321%	8h	4.4060	−0.344%	$13.7M	$32.5M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0412%	1h	4.4276	+0.145%	$1.4M	$6.8M	20x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.4267	+0.124%	$2.3M	$16.8M	50x	as long as short
01 Exchange NEARUSD	+0.0440%	1h	4.4323	+0.251%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0463%	1h	4.4192	−0.045%	$360.6M	$315.1M	10x	as long as short
Nado NEAR-PERP	+0.0584%	1h	4.4295	+0.188%	$1.7M	$3.2M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0660%	1h	4.4194	−0.042%	$7.3M	$38.3M	50x	as long as short
Lighter NEAR	+0.0832%	1h	4.4267	+0.124%	$17.4M	$25.2M	15x	as long as short
Arcus NEAR-USD	+0.0880%	1h	4.4300	+0.199%	$228K	$1.6M	10x	as long as short
Lighter RH NEAR	+0.0920%	1h	4.4274	+0.140%	$1.5M	$6.7M	10x	as long as short
Phoenix NEAR	+0.1003%	1h	4.4297	+0.192%	$1.8M	$2.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1085%	1h	4.4247	+0.079%	$1.9M	$13.1M	25x	as long as short
Pacifica NEAR	+0.1187%	1h	4.4204	−0.018%	$422K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1253%	1h	4.4200	−0.026%	$5K	$12K	10x	as long as short
RISEx NEAR/USDC	+0.1259%	1h	4.4229	+0.038%	$665K	$1.4M	10x	as long as short