NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.45 per $10,000 · paid last 24h −0.030%

Price spread now: Kalshi against SunX−0.653%55s7-day average −0.181% · you buy dearer than you sell

Net, funding: paid 7d − costs−$186as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1651.646% of the position

Long on SunX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.653%, 7d avg −0.181%

Together, before fees−0.120%−$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kalshi is 0.472% cheaper against SunX than usual: you would sell low and buy high (spread −0.653% now, against its 7-day average of −0.181%). If the spread goes back, that is −$47 on $10k: about 35 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.210%, so the current rate has only just turned in your favour. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NEAR-USDT	4.3330	0.0100	pay 0.0100% / 8h	3h 40m	$1K	$1.4M	20x
Short	Kalshi KXNEARPERP	4.3047	0.0145	get 0.0145% / 8h	7h 40m	$724K	$23.5M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against SunX. 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 SunXbpFee KalshibpOrdersPrice spread, now −0.653%Rate

Funding earned: $9.37
Price spread: −0.653% → −0.181%: −$47.21
Slippage, 4 orders: −$146.58
Fee SunX: 4 bp × 2 orders: −$8
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$202.43
Costs to cover: 1.646%
Break-even: 158.2 days

Slippage from SunX: live order book, 4 min ago; Kalshi: 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 SunX live order book, 4 min ago	31.19 bp	53.7 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell Kalshi live order book, 4 min ago	7.38 bp	12.4 bp −$12	19.0 bp −$190	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	4.3235	−0.220%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3248	−0.189%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3238	−0.212%	$162K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.431%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3263	−0.155%	$2.3M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3220	−0.254%	$108K	$501K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3291	−0.089%	$265.6M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3246	−0.194%	$215.2M	$428.5M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3260	−0.162%	$61.4M	$291.7M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3400	+0.162%	$247K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3244	−0.198%	$31.9M	$61.0M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3280	−0.115%	$73.0M	$144.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3280	−0.115%	$53.7M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3275	−0.127%	$71.2M	$128.9M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3260	−0.162%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3167	−0.375%	$8.3M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3357	+0.062%	$254K	$947K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3214	−0.267%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3400	+0.162%	$167K	$799K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3263	−0.155%	$271K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3287	−0.099%	$57K	$246K	20x	as long as short
SunX NEAR-USDTlong	+0.0100%	8h	4.3330	long leg	$1K	$1.4M	20x
HTX NEAR-USDT	+0.0100%	8h	4.3390	+0.138%	$470K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3300	−0.069%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3239	−0.210%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3299	−0.072%	$201K	$37K	3x	as long as short
Kalshi KXNEARPERPshort	+0.0145%	8h	4.3047	−0.653%	$724K	$23.5M	2.2x
BloFin NEAR-USDT	+0.0220%	8h	4.3280	−0.115%	$13.7M	$32.1M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3304	−0.060%	$411K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0309%	8h	4.3280	−0.115%	$2.8M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0194%	1h	4.3240	−0.207%	$231K	—	100x	as long as short
SoDEX NEAR-USD	+0.0397%	1h	4.3286	−0.102%	$8K	$49K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0493%	1h	4.3315	−0.035%	$1.4M	$6.6M	20x	as long as short
01 Exchange NEARUSD	+0.0520%	1h	4.3302	−0.065%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0618%	1h	4.3300	−0.069%	$355.2M	$321.2M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3290	−0.092%	$212K	$1.6M	10x	as long as short
Nado NEAR-PERP	+0.0639%	1h	4.3240	−0.207%	$1.8M	$3.1M	10x	as long as short
Extended NEAR-USD	+0.0688%	1h	4.3246	−0.193%	$3.8M	$19.8M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0712%	1h	4.3293	−0.085%	$7.6M	$39.3M	50x	as long as short
Lighter RH NEAR	+0.0872%	1h	4.3356	+0.060%	$1.5M	$7.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0929%	1h	4.3296	−0.078%	$1.9M	$8.9M	25x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3302	−0.065%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.1128%	1h	4.3361	+0.072%	$17.5M	$24.9M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3260	−0.162%	$656K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1568%	1h	4.3304	−0.060%	$5K	$13K	10x	as long as short