After costs, if the gap returns to its 7d average, $10k−$26
spread now−0.094%7d average−0.145%fees + slippage, in and out−$32spread needed0.316%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NEAR | 4.0438 | 0.0944 | pay 0.0118% / 1h | 5m 48s | $15.1M | $22.5M | 15x |
| Short | Kalshi KXNEARPERP | 4.0400 | 0 | get 0.0000% / 8h | 1h 05m | $499K | $20.1M | 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
- −$9.37
- Funding while held
- −$28.32
- Slippage, 4 orders
- −$21.62
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$69.32
- Spread needed to break even
- 0.316%
Slippage from Lighter: live order book, 4 min ago; Kalshi: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0944%
- Per $10,000 a day
- −$28.32
- 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 Lighter live order book, 4 min ago | 0.01 bp | 3.7 bp −$4 | 13.1 bp −$131 | 54.0 bp −$5,395 | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 4.82 bp | 15.6 bp −$16 | 22.6 bp −$226 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective NEAR/USDC PERP | −1.207% | +0.0033% | 1h | $558 | $140K | 12x | as long as short |
| Bulk NEAR-USD | −0.713% | +0.0100% | 1h | $230K | $8K | 10x | as long as short |
| Variational Omni NEAR | −0.375% | +0.0100% | 8h | $7.3M | $18.3M | — | as long as short |
| Aftermath Perps NEARUSD | −0.308% | +0.1181% | 1h | $5K | $11K | 10x | as long as short |
| edgeX NEARUSDC | −0.286% | +0.0100% | 4h | $263K | $1.2M | 20x | as long as short |
| Nado NEAR-PERP | −0.231% | +0.0389% | 1h | $1.9M | $3.8M | 10x | as long as short |
| OKX NEAR-USDT-SWAP | −0.217% | +0.0100% | 8h | $54.2M | $276.6M | 50x | as long as short |
| Bybit NEARUSDT | −0.193% | +0.0100% | 8h | $200.2M | $422.7M | 75x | as long as short |
| dYdX NEAR-USD | −0.176% | +0.0010% | 1h | $102K | $53K | 10x | as long as short |
| Extended NEAR-USD | −0.172% | +0.0104% | 1h | $3.4M | $13.7M | 25x | as long as short |
Show all 44 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex NEARUSDT | −0.168% | +0.0096% | 1h | $104K | $481K | 50x | as long as short |
| BloFin NEAR-USDT | −0.168% | +0.0220% | 8h | $12.2M | $31.9M | 75x | as long as short |
| Paradex NEAR-USD-PERP | −0.163% | +0.0100% | 8h | $29K | $2K | 10x | as long as short |
| Bitget NEARUSDT | −0.160% | +0.0100% | 8h | $67.4M | $118.3M | 75x | as long as short |
| Reya NEARRUSDPERP | −0.156% | −0.0171% | 1h | $2K | — | 20x | as long as short |
| Pacifica NEAR | −0.156% | +0.0225% | 1h | $445K | $1.1M | 10x | as long as short |
| Binance NEARUSDT | −0.151% | +0.0100% | 8h | $230.1M | $1.09B | 75x | as long as short |
| Arcus NEAR-USD | −0.143% | +0.0100% | 1h | $238K | $1.6M | 10x | as long as short |
| MEXC NEAR_USDT | −0.143% | +0.0100% | 8h | $74.0M | $145.7M | 200x | as long as short |
| GMX NEAR/USD [ETH-USDC] | −0.129% | L +0.0366% / S −0.0311% | 1h | $263K | — | 100x | as long as short |
| RISEx NEAR/USDC | −0.123% | +0.0548% | 1h | $391K | $1.2M | 10x | as long as short |
| Gate NEAR_USDT | −0.121% | +0.0100% | 8h | $28.6M | $55.7M | 75x | as long as short |
| BingX NEAR-USDT | −0.118% | +0.0100% | 8h | — | $135.3M | — | as long as short |
| Phemex NEARUSDT | −0.118% | +0.0100% | 8h | $3.7M | $8.3M | 50x | as long as short |
| gTrade (Gains Network) NEAR/USD | −0.111% | L +0.0004% / S −0.0004% | 1h | $156K | — | 150x | as long as short |
| Polymarket Perps NEAR-USD | −0.106% | +0.0100% | 1h | $179K | $3.1M | 10x | as long as short |
| Aevo NEAR-PERP | −0.106% | +0.0104% | 1h | $195K | $66K | 3x | as long as short |
| SoDEX NEAR-USD | −0.106% | +0.0100% | 1h | $4K | $44K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | −0.104% | +0.0648% | 1h | $7.0M | $33.5M | 50x | as long as short |
| Aster NEARUSDT | −0.094% | +0.0100% | 8h | $2.7M | $5.9M | 50x | as long as short |
| KuCoin NEARUSDTM | −0.094% | +0.0100% | 8h | $57.1M | $45.1M | 75x | as long as short |
| ApeX Omni NEARUSDT | −0.094% | +0.0100% | 1h | $110K | $757K | 50x | as long as short |
| Kalshi KXNEARPERPshort | −0.094% | 0.0000% | 8h | $499K | $20.1M | 2.2x | |
| Orderly PERP_NEAR_USDC | −0.094% | +0.0100% | 8h | $52K | $160K | 20x | as long as short |
| Lighter RH NEAR | −0.079% | +0.0328% | 1h | $1.4M | $7.3M | 10x | as long as short |
| 01 Exchange NEARUSD | −0.074% | +0.0368% | 1h | $12K | $8K | 10x | as long as short |
| SunX NEAR-USDT | −0.069% | +0.0100% | 8h | $1K | $1.4M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.057% | −0.0008% | 1h | $2.1M | $12.0M | 50x | as long as short |
| Phoenix NEAR | −0.047% | +0.0633% | 1h | $1.6M | $2.7M | 10x | as long as short |
| Hyperliquid NEAR | −0.042% | +0.0727% | 1h | $327.6M | $293.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | −0.015% | +0.0517% | 1h | $1.8M | $1.9M | 25x | as long as short |
| Lighter NEARlong | 0.000% | +0.0944% | 1h | $15.1M | $22.5M | 15x | |
| Backpack NEAR_USDC_PERP | +0.032% | +0.1158% | 1h | $1.5M | $4.5M | 20x | as long as short |
| HTX NEAR-USDT | +0.228% | +0.1476% | 8h | $445K | $4.0M | 75x | as long as short |
Lighter NEAR
Injective
Bulk
Variational Omni
OKX
Bybit
Extended
Popdex
BloFin
Paradex
Bitget
Pacifica
Binance
MEXC
GMX
RISEx
Gate
BingX
Phemex
gTrade (Gains Network)
Polymarket Perps
SoDEX
Kraken Futures
Aster
KuCoin
ApeX Omni
Lighter RH
SunX
Coinbase International
Phoenix
Hyperliquid
Deribit
Backpack
HTX