Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BingX−0.058%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2312.311% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.058%, 7d avg −0.077%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NES-USDT | 0.1713 | 0.1004 | pay 0.0502% / 4h | 31m 45s | — | $725K | — |
| Short | MEXC NES_USDT | 0.1712 | 0.1002 | get 0.0501% / 4h | 31m 45s | $707K | $92K | 20x |
BingX NES-USDT
MEXC NES_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.42
- Price spread: −0.058% → −0.077%
- $1.87
- Slippage, 4 orders
- −$217.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$229.64
- Costs to cover
- 2.311%
- Break-even
- never at this rate
Slippage from BingX: live order book, 72 min ago; MEXC: live order book, 39 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, 72 min ago | 11.67 bp | 75.1 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 39 min ago | 2.94 bp | 43.8 bp −$44 | 236.2 bp −$2,362 | 434.6 bp −$43.5K | 887.9 bp −$443.9K |
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 | 0.1720 | +0.390% | $59K | $9K | 5x | as long as short |
| Gate NES_USDT | +0.0100% | 4h | 0.1712 | −0.058% | $143K | $57K | 10x | as long as short |
| MEXC NES_USDTshort | +0.1002% | 4h | 0.1712 | −0.058% | $707K | $92K | 20x | |
| OKX NES-USDT-SWAP | +0.1002% | 4h | 0.1712 | −0.058% | $1.2M | $794K | 20x | as long as short |
| BingX NES-USDTlong | +0.1004% | 4h | 0.1713 | long leg | — | $725K | — | |
| BloFin NES-USDT | +0.1011% | 4h | 0.1712 | −0.058% | $88K | $47K | 20x | as long as short |
| KuCoin NESUSDTM | +0.1466% | 4h | 0.1715 | +0.134% | $1.4M | $857K | 20x | as long as short |
Aster NESUSDT
Gate NES_USDT
OKX NES-USDT-SWAP
BloFin NES-USDT
KuCoin NESUSDTM