NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0844%/8h= −92.4% APRnext payment −$8.44 per $10,000 · paid last 24h −0.096%

Price spread now: Kalshi against HTX−0.147%7-day average −0.280% · you buy dearer than you sell

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$510.506% of the position

Long on HTX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.717%−$72 on $10k

Price spread, last 3 days (all we have)−0.412%−$41 · spread now −0.147%, 7d avg −0.280%

Together, before fees−1.129%−$113 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.133% dearer against HTX than usual: you sell high and buy low (spread −0.147% now, against its 7-day average of −0.280%): +$13 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.717% in total) that is about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NEAR-USDT	4.2720	0.0844	pay 0.0844% / 8h	35m 48s	$458K	$3.7M	75x
Short	Kalshi KXNEARPERP	4.2657	0	get 0.0000% / 8h	4h 35m	$420K	$18.5M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against HTX. 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 HTXbpFee KalshibpOrdersPrice spread, now −0.147%Rate

Funding earned: −$177.18
Price spread: −0.147% → −0.280%: $13.29
Slippage, 4 orders: −$28.64
Fee HTX: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$214.53
Costs to cover: 0.506%
Break-even: never at this rate

Slippage from HTX: 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 HTX live order book, 3 min ago	7.00 bp	15.0 bp −$15	34.2 bp −$342	doesn't fit	doesn't fit
Sell Kalshi live order book, 3 min ago	5.38 bp	10.4 bp −$10	17.8 bp −$178	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	4.2608	−0.262%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0072%	1h	4.2637	−0.194%	$2.2M	$13.0M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2615	−0.245%	$110K	$59K	10x	as long as short
Kalshi KXNEARPERPshort	0.0000%	8h	4.2657	−0.147%	$420K	$18.5M	2.2x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2635	−0.199%	$203K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.066%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0077%	8h	4.2580	−0.327%	$7.9M	$18.3M	—	as long as short
Bybit NEARUSDT	+0.0078%	8h	4.2570	−0.351%	$218.0M	$421.7M	75x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2630	−0.211%	$109K	$495K	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2618	−0.239%	$31K	$647	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NEARUSDT	+0.0100%	8h	4.2646	−0.174%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2656	−0.150%	$401K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2600	−0.281%	$252.7M	$1.07B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2600	−0.281%	$60.7M	$284.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2630	−0.211%	$201K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2674	−0.107%	$243K	$2K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2597	−0.288%	$30.0M	$59.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2610	−0.257%	$77.9M	$141.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2660	−0.140%	$55.8M	$43.5M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2584	−0.318%	$70.7M	$126.1M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2600	−0.281%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2730	+0.023%	$244K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2670	−0.117%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2750	+0.070%	$179K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2645	−0.176%	$198K	$3.4M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2632	−0.206%	$56K	$194K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2660	−0.140%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2615	−0.246%	$13K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2600	−0.281%	$3.8M	$8.4M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2598	−0.287%	$4.0M	$15.9M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2615	−0.245%	$205K	$62K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0119%	1h	4.2646	−0.174%	$7.6M	$37.2M	50x	as long as short
01 Exchange NEARUSD	+0.0128%	1h	4.2638	−0.192%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2610	−0.257%	$12.9M	$30.1M	75x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0336%	1h	4.2659	−0.143%	$1.9M	$2.3M	25x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0374% / S −0.0314%	1h	4.2642	−0.183%	$273K	—	100x	as long as short
Lighter RH NEAR	+0.0400%	1h	4.2679	−0.096%	$1.5M	$7.0M	10x	as long as short
RISEx NEAR/USDC	+0.0404%	1h	4.2658	−0.146%	$415K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0454%	1h	4.2632	−0.206%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0463%	1h	4.2717	−0.007%	$1.8M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0768%	1h	4.2619	−0.236%	$1.9M	$3.4M	10x	as long as short
HTX NEAR-USDTlong	+0.0844%	8h	4.2720	long leg	$458K	$3.7M	75x
Hyperliquid NEAR	+0.0902%	1h	4.2649	−0.166%	$366.3M	$298.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1187%	1h	4.2726	+0.013%	$5K	$11K	10x	as long as short
Lighter NEAR	+0.1720%	1h	4.2695	−0.058%	$16.4M	$23.7M	15x	as long as short