NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h +0.030%

Price spread now: BingX against Kalshi−0.030%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$470.475% of the position

Long on Kalshi Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.123%+$12 on $10k

Price spread, last 7 days−0.006%−$1 · spread now −0.030%, 7d avg −0.015%

Together, before fees+0.117%+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXNEARPERP	4.3183	0.0183	pay 0.0183% / 8h	4h 33m	$938K	$25.2M	2.2x
Short	BingX NEAR-USDC	4.3170	0.0199	get 0.0199% / 8h	33m 34s	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $3.39
Price spread: −0.030% → −0.015%: −$1.55
Slippage, 4 orders: −$27.49
Fee Kalshi: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$45.64
Costs to cover: 0.475%
Break-even: 101.1 days

Slippage from Kalshi: live order book, 5 min ago; BingX: 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, 5 min ago	6.94 bp	12.4 bp −$12	19.3 bp −$193	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	1.16 bp	11.4 bp −$11	27.9 bp −$279	66.2 bp −$6,621	392.6 bp −$196.3K

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	4.3224	+0.096%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3168	−0.034%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3182	−0.002%	$162K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0017%	1h	4.3165	−0.041%	$7.1M	$38.3M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.106%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3220	+0.086%	$110K	$496K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3221	+0.088%	$218.2M	$430.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3230	+0.109%	$60.7M	$291.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3160	−0.053%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3182	−0.002%	$35.2M	$62.4M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NEARUSDTM	+0.0100%	8h	4.3200	+0.039%	$52.3M	$45.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3224	+0.095%	$71.5M	$128.1M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3217	+0.078%	$8.7M	$18.8M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3097	−0.199%	$250K	$899K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3190	+0.016%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3170	−0.030%	$165K	$813K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3246	+0.146%	$283K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3205	+0.051%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3280	+0.225%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3195	+0.028%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3210	+0.063%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3178	−0.011%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3150	−0.076%	$3.6M	$17.2M	25x	as long as short
HTX NEAR-USDT	+0.0123%	8h	4.3270	+0.201%	$461K	$3.8M	75x	as long as short
Aevo NEAR-PERP	+0.0128%	1h	4.3202	+0.044%	$201K	$38K	3x	as long as short
Kalshi KXNEARPERPlong	+0.0183%	8h	4.3183	long leg	$938K	$25.2M	2.2x
Aster NEARUSDT	+0.0189%	8h	4.3199	+0.038%	$2.7M	$4.8M	50x	as long as short
Binance NEARUSDT	+0.0189%	8h	4.3225	+0.096%	$262.4M	$1.09B	75x	as long as short
MEXC NEAR_USDT	+0.0191%	8h	4.3210	+0.063%	$83.3M	$150.7M	200x	as long as short
BingX NEAR-USDCshort	+0.0199%	8h	4.3170	−0.030%	—	$6.6M	—
Hyperliquid NEAR	+0.0222%	1h	4.3206	+0.053%	$348.6M	$315.4M	10x	as long as short
01 Exchange NEARUSD	+0.0248%	1h	4.3212	+0.067%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0313%	8h	4.3190	+0.016%	$13.3M	$31.8M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0316% / S −0.0204%	1h	4.3175	−0.018%	$233K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0398%	1h	4.3216	+0.076%	$1.1M	$7.0M	20x	as long as short
Nado NEAR-PERP	+0.0437%	1h	4.3195	+0.028%	$1.7M	$3.2M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3199	+0.037%	$2.3M	$16.8M	50x	as long as short
Lighter RH NEAR	+0.0544%	1h	4.3258	+0.174%	$1.5M	$6.6M	10x	as long as short
Arcus NEAR-USD	+0.0638%	1h	4.3210	+0.063%	$226K	$1.6M	10x	as long as short
Lighter NEAR	+0.0672%	1h	4.3255	+0.166%	$17.0M	$25.1M	15x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3208	+0.059%	$407K	$1.5M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3233	+0.116%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3217	+0.078%	$599K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0978%	1h	4.3228	+0.104%	$1.9M	$13.2M	25x	as long as short
Aftermath Perps NEARUSD	+0.1246%	1h	4.3216	+0.076%	$5K	$7K	10x	as long as short