After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.027%7d average−0.012%fees + slippage, in and out−$43spread needed0.434%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NEAR-USD | 4.0185 | 0.0100 | pay 0.0013% / 1h | 24m 05s | $172K | $3.7M | 10x |
| Short | Kalshi KXNEARPERP | 4.0196 | 0 | get 0.0000% / 8h | 4h 24m | $378K | $24.4M | 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
- $2.74
- Funding while held
- −$3
- Slippage, 4 orders
- −$25.42
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$43.68
- Spread needed to break even
- 0.434%
Slippage from Polymarket Perps: live order book, 1 min ago; Kalshi: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Polymarket Perps live order book, 1 min ago | 1.99 bp | 9.6 bp −$10 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 1 min ago | 8.09 bp | 14.4 bp −$14 | 21.5 bp −$215 | 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 | |
|---|---|---|---|---|---|---|---|
| Paradex NEAR-USD-PERP | −0.142% | +0.0100% | 8h | $29K | $2K | 10x | as long as short |
| Arcus NEAR-USD | −0.137% | +0.0385% | 1h | $250K | $1.9M | 10x | as long as short |
| dYdX NEAR-USD | −0.104% | +0.0005% | 1h | $92K | $53K | 10x | as long as short |
| Pacifica NEAR | −0.102% | +0.0100% | 1h | $471K | $1.4M | 10x | as long as short |
| 01 Exchange NEARUSD | −0.090% | +0.0216% | 1h | $12K | $10K | 10x | as long as short |
| Popdex NEARUSDT | −0.087% | +0.0096% | 1h | $103K | $574K | 50x | as long as short |
| RISEx NEAR/USDC | −0.064% | +0.0597% | 1h | $322K | $1.3M | 10x | as long as short |
| Nado NEAR-PERP | −0.024% | +0.0222% | 1h | $1.8M | $5.6M | 10x | as long as short |
| BloFin NEAR-USDT | −0.012% | +0.0220% | 8h | $12.5M | $37.0M | 75x | as long as short |
| Polymarket Perps NEAR-USDlong | 0.000% | +0.0100% | 1h | $172K | $3.7M | 10x |
Show all 44 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NEAR | +0.016% | +0.0100% | 8h | $7.5M | $22.7M | — | as long as short |
| Kalshi KXNEARPERPshort | +0.027% | 0.0000% | 8h | $378K | $24.4M | 2.2x | |
| Coinbase International NEAR-PERP-INTX | +0.047% | −0.0064% | 1h | $2.1M | $16.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.057% | +0.0100% | 1h | $230K | $4K | 10x | as long as short |
| Reya NEARRUSDPERP | +0.101% | −0.0171% | 1h | $2K | — | 20x | as long as short |
| GMX NEAR/USD [ETH-USDC] | +0.152% | L +0.0325% / S −0.0245% | 1h | $222K | — | 100x | as long as short |
| ApeX Omni NEARUSDT | +0.162% | +0.0100% | 1h | $107K | $786K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.162% | +0.0100% | 8h | $51K | $270K | 20x | as long as short |
| Phemex NEARUSDT | +0.162% | +0.0100% | 8h | $3.7M | $9.1M | 50x | as long as short |
| gTrade (Gains Network) NEAR/USD | +0.172% | L +0.0004% / S −0.0004% | 1h | $193K | — | 150x | as long as short |
| MEXC NEAR_USDT | +0.187% | +0.0100% | 8h | $74.4M | $171.8M | 200x | as long as short |
| Aftermath Perps NEARUSD | +0.190% | +0.0972% | 1h | $5K | $13K | 10x | as long as short |
| SoDEX NEAR-USD | +0.199% | +0.0100% | 1h | $5K | $66K | 10x | as long as short |
| Gate NEAR_USDT | +0.204% | +0.0100% | 8h | $28.6M | $67.0M | 75x | as long as short |
| Aevo NEAR-PERP | +0.210% | +0.0104% | 1h | $195K | $81K | 3x | as long as short |
| BingX NEAR-USDT | +0.212% | +0.0100% | 8h | — | $142.7M | — | as long as short |
| KuCoin NEARUSDTM | +0.261% | +0.0100% | 8h | $53.9M | $50.8M | 75x | as long as short |
| Aster NEARUSDT | +0.262% | +0.0100% | 8h | $2.7M | $7.8M | 50x | as long as short |
| Lighter RH NEAR | +0.276% | +0.0096% | 1h | $1.3M | $8.9M | 10x | as long as short |
| Bybit NEARUSDT | +0.281% | +0.0100% | 8h | $198.9M | $503.8M | 75x | as long as short |
| Extended NEAR-USD | +0.289% | +0.0104% | 1h | $3.3M | $15.9M | 25x | as long as short |
| Bitget NEARUSDT | +0.294% | +0.0100% | 8h | $67.3M | $134.2M | 75x | as long as short |
| Binance NEARUSDT | +0.308% | +0.0100% | 8h | $225.4M | $1.28B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.311% | +0.0100% | 8h | $54.8M | $338.9M | 50x | as long as short |
| Hyperliquid NEAR | +0.314% | +0.0354% | 1h | $324.0M | $373.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.324% | +0.0669% | 1h | $1.8M | $1.9M | 25x | as long as short |
| Lighter NEAR | +0.334% | +0.0448% | 1h | $14.7M | $24.7M | 15x | as long as short |
| SunX NEAR-USDT | +0.336% | +0.0100% | 8h | $2K | $1.7M | 20x | as long as short |
| edgeX NEARUSDC | +0.362% | +0.0100% | 4h | $227K | $1.3M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.393% | +0.0874% | 1h | $8.4M | $36.9M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.413% | +0.1096% | 1h | $1.6M | $5.2M | 20x | as long as short |
| Phoenix NEAR | +0.533% | +0.0560% | 1h | $1.6M | $3.5M | 10x | as long as short |
| HTX NEAR-USDT | +0.535% | +0.0732% | 8h | $405K | $4.6M | 75x | as long as short |
| Injective NEAR/USDC PERP | +8.324% | +0.0033% | 1h | $608 | $121K | 12x | as long as short |
Polymarket Perps NEAR-USD
Paradex
Pacifica
Popdex
RISEx
BloFin
Variational Omni
Coinbase International
Bulk
GMX
ApeX Omni
Phemex
gTrade (Gains Network)
MEXC
SoDEX
Gate
BingX
KuCoin
Aster
Lighter RH
Bybit
Extended
Bitget
Binance
OKX
Hyperliquid
Deribit
Lighter
SunX
Kraken Futures
Backpack
Phoenix
HTX
Injective