Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.035%
Price spread now: Kalshi against Aster+0.239%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$450.447% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 7 days−0.280%−$28 · spread now +0.239%, 7d avg −0.031%
=Together, before fees−0.504%+ Points / potential airdropAster: Stage 5 · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.271% dearer against Aster than usual: you sell high and buy low (spread +0.239% now, against its 7-day average of −0.031%): +$27 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 32 days. At the pace of the last 7 days (−0.224% in total) that is about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NEARUSDT | 4.3573 | 0.0233 | pay 0.0233% / 8h | 48m 53s | $2.7M | $4.8M | 50x |
| Short | Kalshi KXNEARPERP | 4.3677 | 0.0205 | get 0.0205% / 8h | 4h 48m | $961K | $25.2M | 2.2x |
Aster NEARUSDT
Kalshi KXNEARPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Aster. 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
- −$5.89
- Price spread: +0.239% → −0.031%
- $27.05
- Slippage, 4 orders
- −$26.74
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$23.58
- Costs to cover
- 0.447%
- Break-even
- never at this rate
Slippage from Aster: live order book, 5 min ago; Kalshi: live order book, 5 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 Aster live order book, 5 min ago | 2.31 bp | 13.3 bp −$13 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 6.46 bp | 11.5 bp −$11 | 19.5 bp −$195 | 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 | 4.3623 | +0.116% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3692 | +0.273% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3629 | +0.128% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3603 | +0.069% | $7.2M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.963% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3690 | +0.269% | $106K | $491K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3515 | −0.132% | $219.6M | $431.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3500 | −0.167% | $61.1M | $293.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3597 | +0.055% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3557 | −0.036% | $35.5M | $61.7M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3620 | +0.109% | $52.8M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3505 | −0.155% | $72.1M | $128.2M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3467 | −0.244% | $8.6M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3475 | −0.223% | $252K | $899K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3486 | −0.198% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3500 | −0.167% | $164K | $804K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3687 | +0.262% | $282K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3648 | +0.173% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3720 | +0.338% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3630 | +0.132% | $5K | $53K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3640 | +0.155% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3691 | +0.271% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3549 | −0.054% | $3.6M | $17.5M | 25x | as long as short |
| HTX NEAR-USDT | +0.0104% | 8h | 4.3730 | +0.361% | $456K | $3.8M | 75x | as long as short |
| Aevo NEAR-PERP | +0.0136% | 1h | 4.3655 | +0.188% | $203K | $38K | 3x | as long as short |
| BingX NEAR-USDT | +0.0204% | 8h | 4.3520 | −0.121% | — | $145.0M | — | as long as short |
| Kalshi KXNEARPERPshort | +0.0205% | 8h | 4.3677 | +0.239% | $961K | $25.2M | 2.2x | |
| MEXC NEAR_USDT | +0.0215% | 8h | 4.3570 | −0.006% | $80.6M | $149.1M | 200x | as long as short |
| Binance NEARUSDT | +0.0217% | 8h | 4.3562 | −0.024% | $264.7M | $1.09B | 75x | as long as short |
| Aster NEARUSDTlong | +0.0233% | 8h | 4.3573 | long leg | $2.7M | $4.8M | 50x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0315% / S −0.0202% | 1h | 4.3624 | +0.118% | $234K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0337% | 8h | 4.3670 | +0.223% | $13.4M | $32.2M | 75x | as long as short |
| Nado NEAR-PERP | +0.0368% | 1h | 4.3631 | +0.133% | $1.7M | $3.2M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0376% | 1h | 4.3718 | +0.334% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0484% | 1h | 4.3547 | −0.059% | $352.5M | $315.5M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3693 | +0.276% | $2.3M | $16.9M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0544% | 1h | 4.3667 | +0.217% | $1.2M | $6.9M | 20x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3710 | +0.315% | $230K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0690% | 1h | 4.3664 | +0.210% | $1.9M | $13.0M | 25x | as long as short |
| Lighter RH NEAR | +0.0712% | 1h | 4.3703 | +0.299% | $1.5M | $6.6M | 10x | as long as short |
| Lighter NEAR | +0.0896% | 1h | 4.3708 | +0.309% | $17.2M | $24.9M | 15x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3704 | +0.302% | $412K | $1.5M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3382 | −0.438% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3714 | +0.325% | $643K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1289% | 1h | 4.3456 | −0.268% | $5K | $10K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
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
Extended NEAR-USD
HTX NEAR-USDT
Aevo NEAR-PERP
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Nado NEAR-PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD