NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0101%/8h= −11.0% APRnext payment −$1.01 per $10,000 · paid last 24h −0.030%

Price spread now: Kalshi against Paradex−0.252%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.252% cheaper against Paradex than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex NEAR-USD-PERP	4.3913	0.0101	pay 0.0101% / 8h	4h 09m	$32K	$608	10x
Short	Kalshi KXNEARPERP	4.3802	0	get 0.0000% / 8h	9m 44s	$615K	$22.3M	2.2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Paradex. 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 ParadexbpFee KalshibpOrdersPrice spread, now −0.252%Rate

Funding earned: −$21.15
Price spread: −0.252% → 0.000%: −$25.22
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$60.38
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Kalshi: live order book, 4 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell Kalshi live order book, 4 min ago	6.45 bp	11.4 bp −$11	19.1 bp −$191	doesn't fit	doesn't fit

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	4.3782	−0.297%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.3830	−0.188%	$2.2M	$15.5M	50x	as long as short
Kalshi KXNEARPERPshort	0.0000%	8h	4.3802	−0.252%	$615K	$22.3M	2.2x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3793	−0.274%	$164K	—	150x	as long as short
dYdX NEAR-USD	+0.0009%	1h	4.3862	−0.117%	$108K	$69K	10x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.699%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3820	−0.211%	$112K	$517K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3905	−0.018%	$417K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3926	+0.030%	$270.7M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3900	−0.029%	$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	4.3940	+0.062%	$62.6M	$296.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4054	+0.322%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3818	−0.216%	$31.9M	$64.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3930	+0.039%	$73.4M	$150.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3920	+0.016%	$54.7M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3922	+0.021%	$72.2M	$130.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3910	−0.006%	—	$147.3M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4067	+0.351%	$8.5M	$18.1M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4159	+0.561%	$265K	$980K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4070	+0.358%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4090	+0.404%	$170K	$801K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3826	−0.198%	$244K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3788	−0.284%	$56K	$227K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3860	−0.120%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3880	−0.075%	$454K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3850	−0.143%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERPlong	+0.0101%	8h	4.3913	long leg	$32K	$608	10x
Aevo NEAR-PERP	+0.0104%	1h	4.3805	−0.245%	$204K	$40K	3x	as long as short
SoDEX NEAR-USD	+0.0178%	1h	4.3770	−0.325%	$8K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3970	+0.130%	$13.8M	$32.6M	75x	as long as short
Aster NEARUSDT	+0.0303%	8h	4.3852	−0.138%	$2.9M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0190%	1h	4.3795	−0.268%	$232K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0331%	1h	4.3839	−0.168%	$1.3M	$6.4M	20x	as long as short
01 Exchange NEARUSD	+0.0352%	1h	4.3874	−0.088%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0390%	1h	4.3938	+0.057%	$362.4M	$319.5M	10x	as long as short
Extended NEAR-USD	+0.0464%	1h	4.3812	−0.228%	$3.9M	$19.7M	25x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0481%	1h	4.3800	−0.257%	$2.0M	$7.3M	25x	as long as short
Nado NEAR-PERP	+0.0565%	1h	4.3808	−0.238%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.3950	+0.085%	$217K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0593%	1h	4.3785	−0.290%	$8.0M	$39.7M	50x	as long as short
Lighter RH NEAR	+0.0688%	1h	4.3960	+0.108%	$1.5M	$7.2M	10x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4173	+0.593%	$1.8M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.3869	−0.099%	$589K	$1.4M	10x	as long as short
Lighter NEAR	+0.1016%	1h	4.3971	+0.133%	$17.7M	$26.5M	15x	as long as short
Aftermath Perps NEARUSD	+0.1611%	1h	4.4074	+0.367%	$5K	$12K	10x	as long as short