NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Binance against Kalshi+0.271%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$450.448% of the position

Long on Kalshi Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.170%+$17 on $10k

Price spread, last 7 days−0.413%−$41 · spread now +0.271%, 7d avg −0.005%

Together, before fees−0.243%−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.276% dearer against Kalshi than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXNEARPERP	4.2828	0	get 0.0000% / 8h	2h 56m	$395K	$18.8M	2.2x
Short	Binance NEARUSDT	4.2944	0.0100	get 0.0100% / 8h	6h 56m	$254.8M	$1.05B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.271%Rate

Funding earned: $21
Price spread: +0.271% → −0.005%: $27.58
Slippage, 4 orders: −$24.81
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: $3.77
Costs to cover: 0.448%
Break-even: 5.7 days

Slippage from Kalshi: live order book, 3 min ago; Binance: live order book, 3 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	8.81 bp	13.8 bp −$14	20.6 bp −$206	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	1.16 bp	9.9 bp −$10	15.4 bp −$154	41.8 bp −$4,180	146.3 bp −$73.1K

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	4.2898	+0.164%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.2929	+0.236%	$2.1M	$13.3M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2802	−0.062%	$111K	$64K	10x	as long as short
Kalshi KXNEARPERPlong	0.0000%	8h	4.2828	long leg	$395K	$18.8M	2.2x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2879	+0.120%	$156K	—	150x	as long as short
Variational Omni NEAR	+0.0025%	8h	4.2868	+0.094%	$8.1M	$18.8M	—	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.311%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2870	+0.098%	$114K	$475K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.2935	+0.250%	$57K	$162K	20x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2917	+0.208%	$3.0M	$5.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.2820	−0.018%	$403K	$1.2M	10x	as long as short
Binance NEARUSDTshort	+0.0100%	8h	4.2944	+0.271%	$254.8M	$1.05B	75x
Bybit NEARUSDT	+0.0100%	8h	4.2922	+0.219%	$218.1M	$417.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2910	+0.191%	$60.5M	$275.7M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2840	+0.028%	$203K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3162	+0.780%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2882	+0.126%	$30.7M	$59.8M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2880	+0.121%	$73.3M	$136.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2940	+0.262%	$55.3M	$42.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2934	+0.248%	$71.0M	$122.8M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2890	+0.145%	—	$142.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3195	+0.858%	$259K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3258	+1.005%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3230	+0.939%	$177K	$776K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2926	+0.229%	$208K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2990	+0.378%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2920	+0.215%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3020	+0.448%	$436K	$3.7M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2950	+0.285%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2795	−0.077%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2915	+0.203%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2940	+0.262%	$200K	$31K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2890	+0.145%	$13.1M	$27.5M	75x	as long as short
Kraken Futures PF_NEARUSD	+0.0220%	1h	4.2940	+0.262%	$7.9M	$37.8M	50x	as long as short
01 Exchange NEARUSD	+0.0304%	1h	4.2870	+0.098%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0372% / S −0.0302%	1h	4.2878	+0.118%	$271K	—	100x	as long as short
Lighter RH NEAR	+0.0496%	1h	4.2991	+0.381%	$1.6M	$6.9M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3191	+0.848%	$1.8M	$2.5M	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.2833	+0.011%	$425K	$1.2M	10x	as long as short
Nado NEAR-PERP	+0.0538%	1h	4.2890	+0.145%	$1.9M	$3.1M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0542%	1h	4.2950	+0.285%	$1.9M	$4.0M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0752%	1h	4.2867	+0.091%	$1.3M	$5.9M	20x	as long as short
Hyperliquid NEAR	+0.0769%	1h	4.2974	+0.341%	$363.6M	$302.6M	10x	as long as short
Lighter NEAR	+0.1336%	1h	4.2987	+0.370%	$17.1M	$24.4M	15x	as long as short
Aftermath Perps NEARUSD	+0.1499%	1h	4.3089	+0.609%	$5K	$12K	10x	as long as short