Funding you earn now, next payment 00:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against BingX+0.441%7-day average +0.302% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,285as in the Price arb table
costs, in and out, $10k−$1,29812.984% of the position
Funding, last 7 days−0.215%−$22 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.441%, 7d avg +0.302%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.139% dearer against BingX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.302%. Mind the row above: over the last 7 days funding on this pair cost −0.215%, 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 | BingX NES-USDT | 0.1701 | 0.1338 | pay 0.0669% / 4h | 1h 11m | — | $724K | — |
| Short | KuCoin NESUSDTM | 0.1709 | 0.1464 | get 0.0732% / 4h | 1h 11m | $1.4M | $845K | 20x |
BingX NES-USDT
KuCoin NESUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- $26.46
- Price spread: +0.441% → +0.302%
- $13.86
- Slippage, 4 orders
- −$1,276.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,258.08
- Costs to cover
- 12.984%
- Break-even
- 339.8 days
Slippage from BingX: live order book, 33 min ago; KuCoin: live order book, 4 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 BingX live order book, 33 min ago | 11.67 bp | 75.1 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 19.29 bp | 1053.8 bp −$1,054 | doesn't fit | doesn't fit | doesn't fit |
NES on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NESUSDT | +0.0100% | 1h | 0.1696 | −0.286% | $58K | $9K | 5x | as long as short |
| Gate NES_USDT | +0.0100% | 4h | 0.1698 | −0.176% | $142K | $58K | 10x | as long as short |
| BingX NES-USDTlong | +0.1338% | 4h | 0.1701 | long leg | — | $724K | — | |
| OKX NES-USDT-SWAP | +0.1341% | 4h | 0.1702 | +0.059% | $1.2M | $785K | 20x | as long as short |
| MEXC NES_USDT | +0.1350% | 4h | 0.1696 | −0.294% | $700K | $93K | 20x | as long as short |
| BloFin NES-USDT | +0.1406% | 4h | 0.1699 | −0.118% | $88K | $46K | 20x | as long as short |
| KuCoin NESUSDTMshort | +0.1464% | 4h | 0.1709 | +0.441% | $1.4M | $845K | 20x |
Aster NESUSDT
Gate NES_USDT
OKX NES-USDT-SWAP
MEXC NES_USDT
BloFin NES-USDT