NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: SunX against Kalshi+0.132%7-day average +0.180% · you sell dearer than you buy

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs−$159as in the Price arb table

costs, in and out, $10k−$1541.541% of the position

Long on Kalshi Short on SunX

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)+0.657%+$66 · spread now +0.132%, 7d avg +0.180%

Together, before fees+0.867%+$87 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.047% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.132% now, against its 7-day average of +0.180%). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXNEARPERP	4.3802	0	get 0.0000% / 8h	9m 28s	$615K	$22.3M	2.2x
Short	SunX NEAR-USDT	4.3860	0.0100	get 0.0100% / 8h	4h 09m	$2K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Kalshi. 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 KalshibpFee SunXbpOrdersPrice spread, now +0.132%Rate

Funding earned: $21
Price spread: +0.132% → +0.180%: −$4.72
Slippage, 4 orders: −$136.14
Fee Kalshi: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$137.86
Costs to cover: 1.541%
Break-even: 53.0 days

Slippage from Kalshi: live order book, 4 min ago; SunX: live order book, 5 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	6.45 bp	11.4 bp −$11	19.1 bp −$191	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	30.57 bp	81.5 bp −$81	doesn't fit	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	4.3898	+0.220%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.3830	+0.064%	$2.2M	$15.5M	50x	as long as short
Kalshi KXNEARPERPlong	0.0000%	8h	4.3802	long leg	$615K	$22.3M	2.2x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3793	−0.021%	$164K	—	150x	as long as short
dYdX NEAR-USD	+0.0009%	1h	4.3862	+0.136%	$108K	$69K	10x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.461%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3920	+0.269%	$113K	$517K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3905	+0.235%	$417K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3975	+0.395%	$271.0M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3901	+0.226%	$221.1M	$424.0M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3910	+0.247%	$62.8M	$296.6M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4054	+0.576%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3905	+0.235%	$32.0M	$64.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3930	+0.292%	$73.4M	$150.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3920	+0.269%	$54.7M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3920	+0.269%	$72.2M	$130.1M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3910	+0.247%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4067	+0.605%	$8.5M	$18.1M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4083	+0.641%	$264K	$962K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4010	+0.476%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4090	+0.658%	$170K	$801K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3937	+0.308%	$243K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3788	−0.032%	$56K	$227K	20x	as long as short
SunX NEAR-USDTshort	+0.0100%	8h	4.3860	+0.132%	$2K	$1.4M	20x
HTX NEAR-USDT	+0.0100%	8h	4.3880	+0.178%	$454K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3850	+0.110%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3913	+0.253%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3805	+0.007%	$204K	$40K	3x	as long as short
SoDEX NEAR-USD	+0.0178%	1h	4.3770	−0.073%	$8K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3970	+0.384%	$13.8M	$32.6M	75x	as long as short
Aster NEARUSDT	+0.0303%	8h	4.3908	+0.241%	$2.9M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0190%	1h	4.3795	−0.015%	$232K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0331%	1h	4.3839	+0.084%	$1.3M	$6.4M	20x	as long as short
01 Exchange NEARUSD	+0.0352%	1h	4.3957	+0.354%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0391%	1h	4.3984	+0.416%	$362.8M	$319.5M	10x	as long as short
Extended NEAR-USD	+0.0464%	1h	4.3892	+0.206%	$3.9M	$19.7M	25x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0481%	1h	4.3800	−0.005%	$2.0M	$7.3M	25x	as long as short
Nado NEAR-PERP	+0.0567%	1h	4.3910	+0.247%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.3950	+0.338%	$217K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0593%	1h	4.3785	−0.038%	$8.0M	$39.7M	50x	as long as short
Lighter RH NEAR	+0.0688%	1h	4.3960	+0.361%	$1.5M	$7.2M	10x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4000	+0.452%	$1.8M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.3955	+0.349%	$590K	$1.4M	10x	as long as short
Lighter NEAR	+0.1016%	1h	4.3971	+0.386%	$17.7M	$26.5M	15x	as long as short
Aftermath Perps NEARUSD	+0.1611%	1h	4.4074	+0.621%	$5K	$12K	10x	as long as short