Funding you earn now, next payment 12:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h −0.035%
Price spread now: Kalshi against BingX+0.089%50s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as 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−$360.357% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now +0.089%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kalshi is 0.073% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.017%. Mind the row above: over the last 7 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour. The two prices were read 50 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 | BingX NEAR-USDT | 4.3700 | 0.0118 | pay 0.0118% / 8h | 7h 36m | — | $83.5M | — |
| Short | Kalshi KXNEARPERP | 4.3739 | 0.0147 | get 0.0147% / 8h | 3h 36m | $866K | $25.5M | 2.2x |
BingX NEAR-USDT
Kalshi KXNEARPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.18
- Price spread: +0.089% → +0.017%
- $7.26
- Slippage, 4 orders
- −$15.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$22.28
- Costs to cover
- 0.357%
- Break-even
- 32.2 days
Slippage from BingX: live order book, 3 min ago; Kalshi: 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 BingX live order book, 3 min ago | 1.14 bp | 6.1 bp −$6 | 9.1 bp −$91 | 21.8 bp −$2,176 | 49.0 bp −$24.5K |
| Sell Kalshi live order book, 3 min ago | 6.07 bp | 11.1 bp −$11 | 18.5 bp −$185 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0432% | 1h | 4.3698 | −0.005% | $7.2M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3704 | +0.009% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3700 | −0.001% | $107K | $66K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3703 | +0.007% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.240% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3690 | −0.023% | $119K | $504K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3696 | −0.010% | $2.7M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3710 | +0.023% | $220.3M | $428.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3690 | −0.023% | $61.6M | $295.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3720 | +0.046% | $221K | $1.5M | 10x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3690 | −0.023% | $36.5M | $62.1M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3710 | +0.023% | $52.5M | $45.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3693 | −0.016% | $72.1M | $127.8M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3698 | −0.005% | $9.0M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3747 | +0.108% | $254K | $893K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3650 | −0.114% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3740 | +0.092% | $165K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3686 | −0.032% | $273K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3723 | +0.053% | $56K | $239K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3770 | +0.160% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3715 | +0.034% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3730 | +0.069% | $3.5M | $8.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3708 | +0.019% | $252K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3712 | +0.027% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3688 | −0.026% | $3.6M | $15.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3720 | +0.046% | $203K | $40K | 3x | as long as short |
| Binance NEARUSDT | +0.0106% | 8h | 4.3710 | +0.023% | $263.8M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0107% | 8h | 4.3700 | 0.000% | $90.6M | $157.1M | 200x | as long as short |
| BingX NEAR-USDTlong | +0.0118% | 8h | 4.3700 | long leg | — | $83.5M | — | |
| Kalshi KXNEARPERPshort | +0.0147% | 8h | 4.3739 | +0.089% | $866K | $25.5M | 2.2x | |
| Hyperliquid NEAR | +0.0217% | 1h | 4.3726 | +0.059% | $353.3M | $316.2M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0228% | 8h | 4.3750 | +0.114% | $12.5M | $32.4M | 75x | as long as short |
| Nado NEAR-PERP | +0.0276% | 1h | 4.3690 | −0.023% | $1.7M | $3.2M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.3724 | +0.055% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0255% | 1h | 4.3695 | −0.012% | $257K | — | 100x | as long as short |
| HTX NEAR-USDT | +0.0378% | 8h | 4.3790 | +0.206% | $463K | $3.7M | 75x | as long as short |
| Lighter RH NEAR | +0.0448% | 1h | 4.3738 | +0.087% | $1.5M | $6.4M | 10x | as long as short |
| Lighter NEAR | +0.0472% | 1h | 4.3738 | +0.087% | $17.3M | $23.9M | 15x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3820 | +0.275% | $2.3M | $17.2M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0526% | 1h | 4.3747 | +0.108% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3707 | +0.015% | $592K | $1.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0688% | 1h | 4.3743 | +0.098% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3699 | −0.002% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.3762 | +0.142% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1054% | 1h | 4.3779 | +0.181% | $5K | $7K | 10x | as long as short |
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Binance NEARUSDT
MEXC NEAR_USDT
Hyperliquid NEAR
BloFin NEAR-USDT
Nado NEAR-PERP
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
Lighter RH NEAR
Lighter NEAR
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD