Funding you earn now, next payment 06:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Kalshi−0.386%78s7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as 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−$580.584% of the position
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 4 days (all we have)+0.660%+$66 · spread now −0.386%, 7d avg +0.099%
=Funding pays, the price is against you. ApeX Omni is 0.485% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.386% now, against its 7-day average of +0.099%). If the spread goes back, that is −$48 on $10k: about 15 days of funding at the current rate (+$3 a day). The two prices were read 78 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 | Kalshi KXNEARPERP | 4.3749 | 0.0313 | pay 0.0313% / 8h | 6h 09m | $1.0M | $24.6M | 2.2x |
| Short | ApeX Omni NEARUSDT | 4.3580 | 0.0418 | get 0.0052% / 1h | 9m 59s | $167K | $796K | 50x |
Kalshi KXNEARPERP
ApeX Omni NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kalshi. 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
- $22.06
- Price spread: −0.386% → +0.099%
- −$48.49
- Slippage, 4 orders
- −$38.45
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$84.88
- Costs to cover
- 0.584%
- Break-even
- 33.9 days
Slippage from Kalshi: live order book, 4 min ago; ApeX Omni: live order book, 39 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, 4 min ago | 6.89 bp | 11.9 bp −$12 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 39 min ago | 8.16 bp | 16.7 bp −$17 | 89.4 bp −$894 | 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 | 4.3818 | +0.157% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3672 | −0.177% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0010% | 1h | 4.3789 | +0.091% | $156K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.346% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3850 | +0.231% | $116K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3840 | +0.208% | $219.5M | $421.5M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3850 | +0.231% | $62.0M | $291.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3500 | −0.569% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3843 | +0.215% | $33.2M | $60.8M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3900 | +0.345% | $53.0M | $46.0M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.3832 | +0.190% | $71.9M | $126.3M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3607 | −0.324% | $8.8M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3575 | −0.399% | $255K | $962K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3591 | −0.360% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3844 | +0.217% | $282K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3839 | +0.206% | $57K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3900 | +0.345% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3820 | +0.162% | $474K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3830 | +0.185% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3670 | −0.182% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3854 | +0.240% | $204K | $37K | 3x | as long as short |
| BingX NEAR-USDT | +0.0119% | 8h | 4.3850 | +0.231% | — | $143.5M | — | as long as short |
| MEXC NEAR_USDT | +0.0125% | 8h | 4.3880 | +0.299% | $83.6M | $146.1M | 200x | as long as short |
| Binance NEARUSDT | +0.0125% | 8h | 4.3888 | +0.319% | $267.1M | $1.09B | 75x | as long as short |
| BloFin NEAR-USDT | +0.0245% | 8h | 4.3630 | −0.272% | $13.3M | $32.1M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3881 | +0.302% | $2.3M | $16.3M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0313% / S −0.0201% | 1h | 4.3790 | +0.093% | $235K | — | 100x | as long as short |
| Kalshi KXNEARPERPlong | +0.0313% | 8h | 4.3749 | long leg | $1.0M | $24.6M | 2.2x | |
| Aster NEARUSDT | +0.0336% | 8h | 4.3870 | +0.277% | $2.8M | $5.2M | 50x | as long as short |
| Nado NEAR-PERP | +0.0401% | 1h | 4.3850 | +0.231% | $1.7M | $3.2M | 10x | as long as short |
| ApeX Omni NEARUSDTshort | +0.0418% | 1h | 4.3580 | −0.386% | $167K | $796K | 50x | |
| Extended NEAR-USD | +0.0488% | 1h | 4.3828 | +0.181% | $3.7M | $19.3M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0525% | 1h | 4.3825 | +0.174% | $5K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0665% | 1h | 4.3910 | +0.368% | $360.7M | $311.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0688% | 1h | 4.3915 | +0.379% | $1.3M | $6.6M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0720% | 1h | 4.3737 | −0.027% | $13K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0722% | 1h | 4.3806 | +0.130% | $7.4M | $39.1M | 50x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3720 | −0.066% | $226K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.3702 | −0.108% | $400K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.0912% | 1h | 4.3895 | +0.335% | $17.2M | $25.2M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3660 | −0.203% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1104% | 1h | 4.3887 | +0.315% | $1.5M | $7.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3724 | −0.058% | $685K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1297% | 1h | 4.3516 | −0.532% | $5K | $12K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1417% | 1h | 4.3862 | +0.258% | $2.0M | $11.9M | 25x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Nado NEAR-PERP
Extended NEAR-USD
SoDEX NEAR-USD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL