Settings8H · net · $10k
Funding arb · Price arb /

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.4% APRnext payment +$1.04 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against Paradex−0.459%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding pays, the price is against you. Kalshi is 0.459% cheaper against Paradex than usual: you would sell low and buy high (spread −0.459% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$46 on $10k: about 15 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex NEAR-USD-PERP4.36910.0102pay 0.0102% / 8h49m 33s$32K$58510x
ShortKalshi KXNEARPERP4.34900.0206get 0.0206% / 8h4h 49m$956K$25.2M2.2x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against Paradex. 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

Funding earned
$21.82
Price spread: −0.459% → 0.000%
−$45.94
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$38.12
Costs to cover
0.140%
Break-even
19.2 days
Slippage unknown: Paradex: no order-book sample; Kalshi: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Kalshi live order book, 4 min ago6.46 bp11.5 bp −$1119.5 bp −$195doesn't fitdoesn't fit
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3598−0.212%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3692+0.002%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3619−0.165%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3658−0.075%$7.2M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.220%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3690−0.002%$106K$491K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3663−0.063%$220.5M$431.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3650−0.093%$61.4M$294.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3597−0.215%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3696+0.012%$35.6M$61.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3720+0.067%$52.9M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3686−0.011%$72.4M$128.1M75xas long as short
Variational Omni NEAR+0.0100%8h4.3467−0.513%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3475−0.493%$252K$899K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3486−0.468%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3500−0.436%$164K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3632−0.134%$282K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3664−0.061%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3690−0.002%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3665−0.059%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3680−0.024%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERPlong+0.0102%8h4.3691long leg$32K$58510x
HTX NEAR-USDT+0.0103%8h4.3740+0.113%$456K$3.8M75xas long as short
Extended NEAR-USD+0.0104%1h4.3693+0.006%$3.6M$17.5M25xas long as short
Aevo NEAR-PERP+0.0136%1h4.3678−0.029%$203K$38K3xas long as short
BingX NEAR-USDT+0.0204%8h4.3680−0.024%$145.0Mas long as short
Kalshi KXNEARPERPshort+0.0206%8h4.3490−0.459%$956K$25.2M2.2x
MEXC NEAR_USDT+0.0215%8h4.3690−0.002%$80.6M$149.0M200xas long as short
Binance NEARUSDT+0.0217%8h4.3690−0.002%$265.4M$1.09B75xas long as short
Aster NEARUSDT+0.0233%8h4.3700+0.021%$2.8M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0202%1h4.3615−0.172%$234K100xas long as short
BloFin NEAR-USDT+0.0335%8h4.3510−0.414%$13.4M$32.1M75xas long as short
Nado NEAR-PERP+0.0368%1h4.3631−0.137%$1.7M$3.2M10xas long as short
01 Exchange NEARUSD+0.0376%1h4.3718+0.062%$13K$7K10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3591−0.228%$2.3M$16.9M50xas long as short
Hyperliquid NEAR+0.0522%1h4.3742+0.117%$354.3M$315.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0535%1h4.3698+0.017%$1.2M$7.0M20xas long as short
Arcus NEAR-USD+0.0638%1h4.3710+0.044%$230K$1.6M10xas long as short
Lighter RH NEAR+0.0712%1h4.3744+0.122%$1.5M$6.6M10xas long as short
Lighter NEAR+0.0896%1h4.3764+0.168%$17.3M$24.9M15xas long as short
Pacifica NEAR+0.0949%1h4.3704+0.031%$412K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3382−0.707%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3714+0.054%$643K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1010%1h4.3693+0.005%$1.9M$13.0M25xas long as short
Aftermath Perps NEARUSD+0.1289%1h4.3401−0.664%$5K$10K10xas long as short