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: Kalshi against KuCoin−0.221%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$590.586% of the position

Long on KuCoin Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.175%−$17 on $10k

Price spread, last 7 days+0.338%+$34 · spread now −0.221%, 7d avg −0.009%

Together, before fees+0.164%+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.212% cheaper against KuCoin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NEARUSDTM	4.5280	0.0100	pay 0.0100% / 8h	5h 23m	$56.8M	$44.7M	75x
Short	Kalshi KXNEARPERP	4.5180	0	get 0.0000% / 8h	1h 23m	$684K	$20.2M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against KuCoin. 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 KuCoinbpFee KalshibpOrdersPrice spread, now −0.221%Rate

Funding earned: −$21
Price spread: −0.221% → −0.009%: −$21.16
Slippage, 4 orders: −$36.62
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$100.79
Costs to cover: 0.586%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; Kalshi: live order book, 1 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 KuCoin live order book, 6 min ago	3.38 bp	12.3 bp −$12	29.2 bp −$292	103.4 bp −$10.3K	doesn't fit
Sell Kalshi live order book, 1 min ago	9.19 bp	14.2 bp −$14	22.4 bp −$224	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	4.5172	−0.238%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.5279	−0.002%	$2.3M	$15.1M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.5060	−0.485%	$111K	$70K	10x	as long as short
Kalshi KXNEARPERPshort	0.0000%	8h	4.5180	−0.221%	$684K	$20.2M	2.2x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.5258	−0.048%	$204K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−8.547%	$578	$302K	12x	as long as short
Phemex NEARUSDT	+0.0083%	8h	4.5280	0.000%	$4.0M	$8.1M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.5120	−0.353%	$117K	$492K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.5096	−0.405%	$426K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.5315	+0.076%	$275.9M	$1.09B	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NEARUSDT	+0.0100%	8h	4.5202	−0.172%	$227.6M	$421.5M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.5200	−0.177%	$65.0M	$302.7M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4902	−0.834%	$256K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.5230	−0.110%	$32.7M	$63.5M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.5230	−0.110%	$79.2M	$144.6M	200x	as long as short
KuCoin NEARUSDTMlong	+0.0100%	8h	4.5280	long leg	$56.8M	$44.7M	75x
Bitget NEARUSDT	+0.0100%	8h	4.5202	−0.172%	$74.4M	$127.9M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.5230	−0.110%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4586	−1.533%	$8.7M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4903	−0.832%	$269K	$986K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4439	−1.857%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4930	−0.773%	$175K	$793K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.5195	−0.188%	$222K	$3.7M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.5302	+0.049%	$62K	$207K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.5350	+0.155%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.5290	+0.022%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.5260	−0.044%	$472K	$4.0M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.5153	−0.280%	$33K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.5273	−0.015%	$3.9M	$18.7M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.5367	+0.193%	$211K	$34K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.5280	0.000%	$13.9M	$33.3M	75x	as long as short
Aster NEARUSDT	+0.0265%	8h	4.5271	−0.020%	$3.1M	$5.4M	50x	as long as short
Nado NEAR-PERP	+0.0353%	1h	4.5092	−0.414%	$1.9M	$3.1M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0360% / S −0.0248%	1h	4.5266	−0.030%	$272K	—	100x	as long as short
01 Exchange NEARUSD	+0.0360%	1h	4.5150	−0.287%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.5180	−0.221%	$220K	$1.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0587%	1h	4.5296	+0.035%	$1.4M	$6.6M	20x	as long as short
Lighter RH NEAR	+0.0680%	1h	4.5351	+0.157%	$1.7M	$7.0M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0680%	1h	4.5288	+0.017%	$8.4M	$41.0M	50x	as long as short
Hyperliquid NEAR	+0.0681%	1h	4.5284	+0.009%	$377.9M	$310.9M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.4889	−0.864%	$1.9M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.5147	−0.294%	$544K	$1.3M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1052%	1h	4.5357	+0.170%	$2.0M	$4.4M	25x	as long as short
Lighter NEAR	+0.1272%	1h	4.5365	+0.188%	$18.2M	$26.1M	15x	as long as short
Aftermath Perps NEARUSD	+0.1544%	1h	4.4689	−1.305%	$6K	$12K	10x	as long as short