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 +0.159%

Price spread now: HTX against Kalshi+0.605%7-day average +0.278% · you sell dearer than you buy

Net, funding: paid 7d − costs+$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$620.616% of the position

Long on Kalshi Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.780%+$78 on $10k

Price spread, last 4 days (all we have)+0.308%+$31 · spread now +0.605%, 7d avg +0.278%

Together, before fees+1.088%+$109 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 HTX is 0.327% dearer against Kalshi than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.278%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXNEARPERP	4.3954	0	get 0.0000% / 8h	33m 22s	$598K	$22.0M	2.2x
Short	HTX NEAR-USDT	4.4220	0.0100	get 0.0100% / 8h	4h 33m	$458K	$4.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.605%Rate

Funding earned: $21
Price spread: +0.605% → +0.278%: $32.68
Slippage, 4 orders: −$39.62
Fee Kalshi: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$7.94
Costs to cover: 0.616%
Break-even: 9.6 days

Slippage from Kalshi: live order book, 6 min ago; HTX: live order book, 1 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, 6 min ago	6.91 bp	11.9 bp −$12	19.5 bp −$195	doesn't fit	doesn't fit
Sell HTX live order book, 1 min ago	7.92 bp	17.3 bp −$17	64.8 bp −$648	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	4.4190	+0.537%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.3921	−0.075%	$2.2M	$15.3M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4128	+0.396%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERPlong	0.0000%	8h	4.3954	long leg	$598K	$22.0M	2.2x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4230	+0.627%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.788%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4190	+0.537%	$117K	$514K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4156	+0.460%	$422K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4266	+0.710%	$271.7M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4239	+0.648%	$222.2M	$424.4M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4230	+0.628%	$62.7M	$300.3M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3987	+0.076%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4200	+0.560%	$32.1M	$63.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4230	+0.628%	$74.2M	$148.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4220	+0.605%	$55.0M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4207	+0.576%	$72.6M	$130.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4240	+0.651%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3977	+0.053%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4132	+0.406%	$265K	$978K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4140	+0.423%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4140	+0.423%	$170K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4220	+0.605%	$234K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4254	+0.683%	$56K	$217K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4080	+0.287%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4140	+0.423%	$8K	$53K	10x	as long as short
HTX NEAR-USDTshort	+0.0100%	8h	4.4220	+0.605%	$458K	$4.0M	75x
Phemex NEARUSDT	+0.0100%	8h	4.4170	+0.491%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4159	+0.467%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4281	+0.745%	$206K	$40K	3x	as long as short
Hyperliquid NEAR	+0.0174%	1h	4.4237	+0.644%	$364.7M	$325.1M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0220%	1h	4.4191	+0.539%	$1.3M	$6.6M	20x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4180	+0.514%	$13.9M	$32.9M	75x	as long as short
Extended NEAR-USD	+0.0224%	1h	4.4152	+0.450%	$4.0M	$19.6M	25x	as long as short
01 Exchange NEARUSD	+0.0248%	1h	4.4204	+0.569%	$13K	$7K	10x	as long as short
Aster NEARUSDT	+0.0291%	8h	4.4214	+0.591%	$3.0M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0330% / S −0.0206%	1h	4.4218	+0.601%	$240K	—	100x	as long as short
Lighter RH NEAR	+0.0488%	1h	4.4216	+0.596%	$1.5M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0543%	1h	4.4165	+0.480%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4240	+0.651%	$222K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0588%	1h	4.4163	+0.476%	$8.1M	$39.9M	50x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4203	+0.567%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.0896%	1h	4.4216	+0.597%	$17.8M	$26.3M	15x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0905%	1h	4.4191	+0.539%	$1.9M	$6.9M	25x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4225	+0.616%	$563K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1525%	1h	4.4268	+0.715%	$6K	$12K	10x	as long as short