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

NES

all NES markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.063%
Price spread now: Aster against BloFin−0.098%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.422%−$42 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.098% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NES-USDT0.16780.0142pay 0.0071% / 4h1h 18m$88K$45K20x
ShortAster NESUSDT0.16760.0100get 0.0013% / 1h18m 59s$57K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$8.85
Price spread: −0.098% → 0.000%
−$9.8
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$38.66
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Aster no order-book sample
BloFin and Aster: 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.

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 NESUSDTshort+0.0100%1h0.1676−0.098%$57K$2K5x
OKX NES-USDT-SWAP+0.0100%4h0.1682+0.238%$1.1M$706K20xas long as short
Gate NES_USDT+0.0100%4h0.1677−0.060%$136K$54K10xas long as short
MEXC NES_USDT+0.0100%4h0.1679+0.060%$691K$94K20xas long as short
BingX NES-USDT+0.0100%4h0.1681+0.179%$717Kas long as short
BloFin NES-USDTlong+0.0142%4h0.1678long leg$88K$45K20x
KuCoin NESUSDTM+0.0246%4h0.1693+0.906%$1.4M$881K20xas long as short