After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.065%7d average−0.076%fees + slippage, in and out−$41spread needed0.413%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEAR | 4.1241 | 0.0512 | pay 0.0064% / 1h | 50m 00s | $333.5M | $370.4M | 10x |
| Short | Kalshi KXNEARPERP | 4.1268 | 0 | get 0.0000% / 8h | 4h 50m | $336K | $25.1M | 2.2x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $6.55
- Funding while held
- −$15.35
- Slippage, 4 orders
- −$22.34
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$50.14
- Spread needed to break even
- 0.413%
Slippage from Hyperliquid: live order book, 5 min ago; Kalshi: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0512%
- Per $10,000 a day
- −$15.35
- Average in range /8h
- —
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 Hyperliquid live order book, 5 min ago | 0.24 bp | 6.0 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 6.10 bp | 19.4 bp −$19 | 26.6 bp −$266 | doesn't fit | doesn't fit |
NEAR price on every exchange
against the cheapest. Click to use as the short leg.NEAR on 44 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni NEARUSDT | −0.851% | +0.0100% | 1h | $110K | $785K | 50x | as long as short |
| Variational Omni NEAR | −0.463% | +0.0100% | 8h | $7.9M | $24.7M | — | as long as short |
| edgeX NEARUSDC | −0.408% | +0.0100% | 4h | $231K | $1.3M | 20x | as long as short |
| Bulk NEAR-USD | −0.388% | +0.0100% | 1h | $235K | $41 | 10x | as long as short |
| Phoenix NEAR | −0.293% | +0.0560% | 1h | $1.6M | $3.5M | 10x | as long as short |
| OKX NEAR-USDT-SWAP | −0.196% | +0.0100% | 8h | $55.3M | $348.3M | 50x | as long as short |
| Bybit NEARUSDT | −0.187% | +0.0100% | 8h | $199.5M | $506.8M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.175% | −0.0064% | 1h | $2.2M | $16.9M | 50x | as long as short |
| Aftermath Perps NEARUSD | −0.164% | +0.0952% | 1h | $5K | $13K | 10x | as long as short |
| Bitget NEARUSDT | −0.158% | +0.0100% | 8h | $68.2M | $135.6M | 75x | as long as short |
Show all 44 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | −0.146% | +0.0100% | 8h | $231.3M | $1.28B | 75x | as long as short |
| Extended NEAR-USD | −0.145% | +0.0104% | 1h | $3.4M | $15.9M | 25x | as long as short |
| MEXC NEAR_USDT | −0.124% | +0.0100% | 8h | $83.7M | $167.4M | 200x | as long as short |
| Gate NEAR_USDT | −0.114% | +0.0100% | 8h | $28.9M | $65.6M | 75x | as long as short |
| BingX NEAR-USDT | −0.099% | +0.0100% | 8h | — | $143.0M | — | as long as short |
| SoDEX NEAR-USD | −0.099% | +0.0100% | 1h | $5K | $68K | 10x | as long as short |
| BloFin NEAR-USDT | −0.099% | +0.0220% | 8h | $12.9M | $37.7M | 75x | as long as short |
| Aevo NEAR-PERP | −0.081% | +0.0104% | 1h | $199K | $81K | 3x | as long as short |
| Orderly PERP_NEAR_USDC | −0.063% | +0.0100% | 8h | $52K | $257K | 20x | as long as short |
| GMX NEAR/USD [ETH-USDC] | −0.062% | L +0.0320% / S −0.0210% | 1h | $230K | — | 100x | as long as short |
| Phemex NEARUSDT | −0.051% | +0.0100% | 8h | $3.8M | $9.0M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.043% | −0.0171% | 1h | $2K | — | 20x | as long as short |
| Lighter RH NEAR | −0.041% | +0.0096% | 1h | $1.3M | $8.8M | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | −0.038% | L +0.0004% / S −0.0004% | 1h | $197K | — | 150x | as long as short |
| Aster NEARUSDT | −0.029% | +0.0100% | 8h | $2.8M | $7.8M | 50x | as long as short |
| KuCoin NEARUSDTM | −0.027% | +0.0100% | 8h | $53.4M | $50.6M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | −0.017% | +0.0138% | 1h | $1.8M | $1.8M | 25x | as long as short |
| Hyperliquid NEARlong | 0.000% | +0.0512% | 1h | $333.5M | $370.4M | 10x | |
| Lighter NEAR | +0.017% | +0.0208% | 1h | $14.8M | $24.0M | 15x | as long as short |
| Backpack NEAR_USDC_PERP | +0.024% | +0.1058% | 1h | $1.6M | $5.1M | 20x | as long as short |
| SunX NEAR-USDT | +0.046% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.049% | +0.0854% | 1h | $8.2M | $36.7M | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.053% | +0.0100% | 1h | $171K | $3.9M | 10x | as long as short |
| Nado NEAR-PERP | +0.058% | +0.0323% | 1h | $1.8M | $5.7M | 10x | as long as short |
| Kalshi KXNEARPERPshort | +0.065% | 0.0000% | 8h | $336K | $25.1M | 2.2x | |
| Popdex NEARUSDT | +0.070% | +0.0096% | 1h | $106K | $574K | 50x | as long as short |
| 01 Exchange NEARUSD | +0.078% | +0.0128% | 1h | $12K | $10K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.095% | +0.0100% | 8h | $30K | $2K | 10x | as long as short |
| dYdX NEAR-USD | +0.101% | 0.0000% | 1h | $94K | $60K | 10x | as long as short |
| Pacifica NEAR | +0.103% | +0.0100% | 1h | $507K | $1.3M | 10x | as long as short |
| RISEx NEAR/USDC | +0.157% | +0.0597% | 1h | $343K | $1.3M | 10x | as long as short |
| Arcus NEAR-USD | +0.240% | +0.0385% | 1h | $501K | $1.5M | 10x | as long as short |
| HTX NEAR-USDT | +0.386% | +0.0698% | 8h | $414K | $4.7M | 75x | as long as short |
| Injective NEAR/USDC PERP | +5.550% | +0.0033% | 1h | $608 | $121K | 12x | as long as short |
Hyperliquid NEAR
ApeX Omni
Variational Omni
Bulk
Phoenix
OKX
Bybit
Coinbase International
Bitget
Binance
Extended
MEXC
Gate
BingX
SoDEX
BloFin
GMX
Phemex
Lighter RH
gTrade (Gains Network)
Aster
KuCoin
Deribit
Lighter
Backpack
SunX
Kraken Futures
Polymarket Perps
Popdex
Paradex
Pacifica
RISEx
HTX
Injective