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

NES

all NES markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0047%/8h= −5.1% APRnext payment $0.23 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against BloFin+0.555%7-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−0.194%−$19 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. KuCoin is 0.555% dearer against BloFin than usual: you sell high and buy low (spread +0.555% now, against zero (this spread has no 7-day history yet)): +$55 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 39 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NES-USDT0.16770.0147pay 0.0073% / 4h11m 00s$90K$30K20x
ShortKuCoin NESUSDTM0.16860.0100get 0.0050% / 4h11m 00s$1.4M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$9.85
Price spread: +0.555% → 0.000%
$55.46
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$21.61
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago19.25 bp1061.9 bp −$1,062doesn't fitdoesn't fitdoesn't fit
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 exchanges

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%1h0.1685+0.488%$57K$8295xas long as short
OKX NES-USDT-SWAP+0.0100%4h0.1676−0.060%$1.2M$586K20xas long as short
Gate NES_USDT+0.0100%4h0.1665−0.716%$134K$40K10xas long as short
MEXC NES_USDT+0.0100%4h0.1675−0.119%$688K$93K20xas long as short
KuCoin NESUSDTMshort+0.0100%4h0.1686+0.555%$1.4M$1.1M20x
BingX NES-USDT+0.0100%4h0.1676−0.060%$725Kas long as short
BloFin NES-USDTlong+0.0147%4h0.1677long leg$90K$30K20x