NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0162%/8h= +17.8% APRnext payment +$1.62 per $10,000 · paid last 24h −0.030%

Price spread now: Kalshi against SunX−0.285%7-day average −0.180% · you buy dearer than you sell

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$177as in the Price arb table

costs, in and out, $10k−$1661.665% of the position

Long on SunX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)−0.199%−$20 · spread now −0.285%, 7d avg −0.180%

Together, before fees−0.409%−$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kalshi is 0.105% cheaper against SunX than usual: you would sell low and buy high (spread −0.285% now, against its 7-day average of −0.180%). If the spread goes back, that is −$11 on $10k: about 2.2 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.210%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NEAR-USDT	4.3090	0.0100	pay 0.0100% / 8h	2h 29m	$2K	$1.3M	20x
Short	Kalshi KXNEARPERP	4.2967	0.0262	get 0.0262% / 8h	6h 29m	$869K	$24.6M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against SunX. 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 SunXbpFee KalshibpOrdersPrice spread, now −0.285%Rate

Funding earned: $34.11
Price spread: −0.285% → −0.180%: −$10.52
Slippage, 4 orders: −$148.47
Fee SunX: 4 bp × 2 orders: −$8
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$142.88
Costs to cover: 1.665%
Break-even: 36.3 days

Slippage from SunX: live order book, 4 min ago; Kalshi: 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 SunX live order book, 4 min ago	31.33 bp	54.9 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell Kalshi live order book, 4 min ago	7.10 bp	12.1 bp −$12	19.9 bp −$199	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	4.2995	−0.221%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2912	−0.413%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.2937	−0.356%	$161K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.899%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2970	−0.278%	$113K	$501K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2990	−0.232%	$262.9M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2926	−0.381%	$214.0M	$420.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2950	−0.325%	$60.5M	$285.1M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2997	−0.215%	$245K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2956	−0.311%	$32.4M	$60.0M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NEAR_USDT	+0.0100%	8h	4.3010	−0.186%	$76.1M	$143.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3010	−0.186%	$51.9M	$45.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2970	−0.278%	$71.1M	$127.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2950	−0.325%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2878	−0.491%	$8.1M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2962	−0.297%	$259K	$958K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2949	−0.328%	$1.4M	$1.5M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3006	−0.195%	$262K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2995	−0.220%	$56K	$243K	20x	as long as short
SunX NEAR-USDTlong	+0.0100%	8h	4.3090	long leg	$2K	$1.3M	20x
HTX NEAR-USDT	+0.0100%	8h	4.3100	+0.023%	$466K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3000	−0.209%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.2941	−0.346%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3015	−0.174%	$200K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2960	−0.302%	$13.2M	$31.6M	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.3035	−0.128%	$2.3M	$15.8M	50x	as long as short
Kalshi KXNEARPERPshort	+0.0262%	8h	4.2967	−0.285%	$869K	$24.6M	2.2x
ApeX Omni NEARUSDT	+0.0263%	1h	4.2960	−0.302%	$165K	$795K	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0311% / S −0.0198%	1h	4.2931	−0.368%	$232K	—	100x	as long as short
Aster NEARUSDT	+0.0335%	8h	4.3000	−0.209%	$2.8M	$5.3M	50x	as long as short
Nado NEAR-PERP	+0.0372%	1h	4.2985	−0.244%	$1.7M	$3.2M	10x	as long as short
Extended NEAR-USD	+0.0528%	1h	4.2968	−0.283%	$3.7M	$19.7M	25x	as long as short
SoDEX NEAR-USD	+0.0567%	1h	4.2975	−0.267%	$6K	$53K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0656%	1h	4.3000	−0.209%	$1.3M	$6.7M	20x	as long as short
Hyperliquid NEAR	+0.0692%	1h	4.3016	−0.172%	$351.6M	$310.3M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0736%	1h	4.2958	−0.306%	$7.4M	$38.9M	50x	as long as short
01 Exchange NEARUSD	+0.0752%	1h	4.3039	−0.118%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.3000	−0.209%	$216K	$1.6M	10x	as long as short
Pacifica NEAR	+0.0847%	1h	4.2967	−0.286%	$394K	$1.3M	10x	as long as short
Lighter NEAR	+0.0936%	1h	4.3038	−0.120%	$16.8M	$25.1M	15x	as long as short
Phoenix NEAR	+0.1033%	1h	4.3089	−0.002%	$1.8M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1112%	1h	4.3036	−0.125%	$1.5M	$7.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1171%	1h	4.3000	−0.209%	$1.9M	$11.0M	25x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.3005	−0.198%	$684K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1349%	1h	4.2958	−0.307%	$5K	$12K	10x	as long as short