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

NES

all NES markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0045%/8h= −5.0% APRnext payment $0.23 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against BloFin+0.117%96s7-day average · you sell dearer than you buy
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−0.026%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BingX is 0.117% dearer against BloFin than usual: you sell high and buy low (spread +0.117% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.6 days. At the pace of the last 7 days (−0.026% in total) that is about 32 days. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NES-USDT0.17030.0787pay 0.0394% / 4h3h 41m$88K$47K20x
ShortBingX NES-USDT0.17050.0742get 0.0371% / 4h3h 41m$722K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$9.52
Price spread: +0.117% → 0.000%
$11.74
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$19.78
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; BingX: live order book, 47 min ago. 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 BingX live order book, 47 min ago11.71 bp64.0 bp −$64540.6 bp −$5,4061239.3 bp −$123.9K1383.4 bp −$691.7K
BloFin: 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 NESUSDT+0.0100%1h0.1711+0.475%$59K$9K5xas long as short
Gate NES_USDT+0.0100%4h0.1705+0.117%$142K$57K10xas long as short
OKX NES-USDT-SWAP+0.0710%4h0.1705+0.117%$1.2M$793K20xas long as short
MEXC NES_USDT+0.0720%4h0.1704+0.059%$703K$92K20xas long as short
BingX NES-USDTshort+0.0742%4h0.1705+0.117%$722K
BloFin NES-USDTlong+0.0787%4h0.1703long leg$88K$47K20x
KuCoin NESUSDTM+0.1344%4h0.1715+0.699%$1.4M$863K20xas long as short