NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.73 per $10,000 · paid last 24h +0.030%

Price spread now: Bitget against Kalshi−0.041%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$470.466% of the position

Long on Kalshi Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.149%+$15 on $10k

Price spread, last 7 days−0.008%−$1 · spread now −0.041%, 7d avg −0.040%

Together, before fees+0.140%+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.149%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXNEARPERP	4.3654	0.0173	pay 0.0173% / 8h	4h 09m	$970K	$25.0M	2.2x
Short	Bitget NEARUSDT	4.3636	0.0100	get 0.0100% / 8h	9m 14s	$72.1M	$127.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.041%Rate

Funding earned: −$15.28
Price spread: −0.041% → −0.040%: −$0.13
Slippage, 4 orders: −$24.56
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$61.97
Costs to cover: 0.466%
Break-even: never at this rate

Slippage from Kalshi: live order book, 5 min ago; Bitget: 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 Kalshi live order book, 5 min ago	4.58 bp	15.6 bp −$16	21.2 bp −$212	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	0.46 bp	11.8 bp −$12	17.8 bp −$178	32.8 bp −$3,276	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	4.3669	+0.034%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3676	+0.051%	$107K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3680	+0.060%	$163K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0016%	1h	4.3682	+0.064%	$7.3M	$38.6M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.140%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3690	+0.082%	$113K	$498K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3642	−0.027%	$220.4M	$428.5M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3630	−0.055%	$61.3M	$295.5M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3601	−0.122%	$248K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3684	+0.069%	$35.8M	$63.0M	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	4.3690	+0.082%	$53.0M	$46.0M	75x	as long as short
Bitget NEARUSDTshort	+0.0100%	8h	4.3636	−0.041%	$72.1M	$127.8M	75x
Variational Omni NEAR	+0.0100%	8h	4.3490	−0.377%	$8.9M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3477	−0.406%	$252K	$894K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3514	−0.321%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3440	−0.490%	$166K	$816K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3721	+0.153%	$278K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3656	+0.005%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3740	+0.197%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3680	+0.060%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3670	+0.037%	$3.6M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3685	+0.071%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3625	−0.067%	$3.6M	$16.6M	25x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.3653	−0.003%	$203K	$38K	3x	as long as short
Aster NEARUSDT	+0.0122%	8h	4.3694	+0.093%	$2.7M	$4.8M	50x	as long as short
Hyperliquid NEAR	+0.0135%	1h	4.3718	+0.147%	$352.5M	$314.9M	10x	as long as short
HTX NEAR-USDT	+0.0155%	8h	4.3820	+0.380%	$466K	$3.8M	75x	as long as short
Binance NEARUSDT	+0.0155%	8h	4.3685	+0.072%	$264.6M	$1.09B	75x	as long as short
MEXC NEAR_USDT	+0.0156%	8h	4.3690	+0.082%	$88.0M	$153.7M	200x	as long as short
BingX NEAR-USDC	+0.0171%	8h	4.3690	+0.082%	—	$6.7M	—	as long as short
Kalshi KXNEARPERPlong	+0.0173%	8h	4.3654	long leg	$970K	$25.0M	2.2x
01 Exchange NEARUSD	+0.0232%	1h	4.3701	+0.108%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0275%	8h	4.3680	+0.060%	$13.3M	$32.2M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0341% / S −0.0240%	1h	4.3687	+0.076%	$254K	—	100x	as long as short
Nado NEAR-PERP	+0.0372%	1h	4.3695	+0.094%	$1.7M	$3.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0460%	1h	4.3703	+0.112%	$1.0M	$7.1M	20x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3753	+0.227%	$2.3M	$17.0M	50x	as long as short
Lighter RH NEAR	+0.0488%	1h	4.3732	+0.179%	$1.5M	$6.7M	10x	as long as short
Lighter NEAR	+0.0552%	1h	4.3740	+0.196%	$17.2M	$25.4M	15x	as long as short
Arcus NEAR-USD	+0.0638%	1h	4.3700	+0.105%	$229K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3698	+0.101%	$412K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3782	+0.293%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3696	+0.097%	$607K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1079%	1h	4.3698	+0.101%	$1.9M	$13.1M	25x	as long as short
Aftermath Perps NEARUSD	+0.1100%	1h	4.3597	−0.131%	$5K	$7K	10x	as long as short