Settings8H · net · $10k
Funding arb · Price arb /

NES

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against BingX−0.058%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3143.137% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.058%, 7d avg −0.002%
Together, before fees+0.259%+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.057% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NES-USDT0.17130.1004pay 0.0502% / 4h32m 30s$724K
ShortOKX NES-USDT-SWAP0.17120.1012get 0.0506% / 4h32m 30s$1.2M$794K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BingX. 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

Funding earned
$1.71
Price spread: −0.058% → −0.002%
−$5.66
Slippage, 4 orders
−$293.68
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$317.63
Costs to cover
3.137%
Break-even
1308.1 days
Slippage from BingX: live order book, 71 min ago; OKX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 71 min ago11.67 bp75.1 bp −$75doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago5.84 bp67.7 bp −$68doesn't fitdoesn't fitdoesn't fit

NES on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NESUSDT+0.0100%1h0.1719+0.373%$59K$9K5xas long as short
Gate NES_USDT+0.0100%4h0.1712−0.058%$143K$57K10xas long as short
BingX NES-USDTlong+0.1004%4h0.1713long leg$724K
BloFin NES-USDT+0.1011%4h0.1712−0.058%$88K$47K20xas long as short
MEXC NES_USDT+0.1012%4h0.17130.000%$707K$92K20xas long as short
OKX NES-USDT-SWAPshort+0.1012%4h0.1712−0.058%$1.2M$794K20x
KuCoin NESUSDTM+0.1462%4h0.1720+0.385%$1.4M$857K20xas long as short