Funding you earn now, next payment 08:00 UTC+0.0195%/8h= +21.3% APRnext payment +$1.95 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against MEXC+0.100%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.100%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kalshi is 0.094% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.170%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NEAR_USDT | 4.3790 | 0.0125 | pay 0.0125% / 8h | 2h 09m | $83.7M | $146.2M | 200x |
| Short | Kalshi KXNEARPERP | 4.3834 | 0.0320 | get 0.0320% / 8h | 6h 09m | $1.0M | $24.6M | 2.2x |
MEXC NEAR_USDT
Kalshi KXNEARPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against MEXC. 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
- $40.92
- Price spread: +0.100% → +0.006%
- $9.44
- Slippage, 4 orders
- −$17.27
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- $23.1
- Costs to cover
- 0.273%
- Break-even
- 3.0 days
Slippage from MEXC: live order book, 5 min ago; Kalshi: 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 MEXC live order book, 5 min ago | 1.15 bp | 1.1 bp −$1 | 3.3 bp −$33 | 19.4 bp −$1,942 | 67.1 bp −$33.6K |
| Sell Kalshi live order book, 5 min ago | 6.89 bp | 11.9 bp −$12 | 19.2 bp −$192 | 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 | 4.3804 | +0.031% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3820 | +0.068% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3778 | −0.028% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.435% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3810 | +0.046% | $116K | $497K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3762 | −0.064% | $219.1M | $420.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3770 | −0.046% | $62.0M | $291.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3500 | −0.662% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3752 | −0.087% | $33.2M | $60.9M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3810 | +0.046% | $52.9M | $45.9M | 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 | 4.3795 | +0.011% | $71.9M | $126.2M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3607 | −0.417% | $8.8M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3652 | −0.315% | $255K | $963K | 20x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3834 | +0.100% | $283K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3821 | +0.071% | $57K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3880 | +0.206% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3940 | +0.343% | $473K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3770 | −0.046% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3811 | +0.048% | $32K | $608 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0102% | 8h | 4.3673 | −0.266% | $1.4M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3835 | +0.103% | $204K | $37K | 3x | as long as short |
| BingX NEAR-USDT | +0.0119% | 8h | 4.3770 | −0.046% | — | $143.5M | — | as long as short |
| MEXC NEAR_USDTlong | +0.0125% | 8h | 4.3790 | long leg | $83.7M | $146.2M | 200x | |
| Binance NEARUSDT | +0.0130% | 8h | 4.3802 | +0.027% | $266.5M | $1.09B | 75x | as long as short |
| BloFin NEAR-USDT | +0.0250% | 8h | 4.3850 | +0.137% | $13.3M | $32.3M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3876 | +0.196% | $2.3M | $16.2M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0313% / S −0.0201% | 1h | 4.3772 | −0.042% | $234K | — | 100x | as long as short |
| Kalshi KXNEARPERPshort | +0.0320% | 8h | 4.3834 | +0.100% | $1.0M | $24.6M | 2.2x | |
| Aster NEARUSDT | +0.0339% | 8h | 4.3790 | 0.000% | $2.8M | $5.2M | 50x | as long as short |
| Nado NEAR-PERP | +0.0398% | 1h | 4.3825 | +0.080% | $1.7M | $3.2M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0417% | 1h | 4.3640 | −0.343% | $167K | $796K | 50x | as long as short |
| Extended NEAR-USD | +0.0480% | 1h | 4.3735 | −0.126% | $3.7M | $19.3M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0518% | 1h | 4.3787 | −0.007% | $5K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0663% | 1h | 4.3799 | +0.021% | $359.7M | $309.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0690% | 1h | 4.3785 | −0.011% | $1.3M | $6.6M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0720% | 1h | 4.3856 | +0.151% | $13K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0723% | 1h | 4.3762 | −0.064% | $7.3M | $39.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3850 | +0.137% | $227K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.3865 | +0.170% | $402K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0912% | 1h | 4.3849 | +0.135% | $17.2M | $25.2M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3931 | +0.322% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1104% | 1h | 4.3847 | +0.130% | $1.5M | $7.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3844 | +0.122% | $687K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1289% | 1h | 4.3581 | −0.476% | $5K | $12K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1326% | 1h | 4.3843 | +0.121% | $1.9M | $11.9M | 25x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
BingX NEAR-USDT
Binance NEARUSDT
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Nado NEAR-PERP
ApeX Omni NEARUSDT
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