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−0.0016%/8h= −1.7% APRnext payment $0.08 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against BloFin+0.294%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−0.019%−$2 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. OKX is 0.294% dearer against BloFin than usual: you sell high and buy low (spread +0.294% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NES-USDT0.17010.0704pay 0.0352% / 4h3h 39m$89K$46K20x
ShortOKX NES-USDT-SWAP0.17060.0689get 0.0344% / 4h3h 39m$1.2M$793K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$3.32
Price spread: +0.294% → 0.000%
$29.39
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$4.07
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: BloFin: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago2.93 bp95.5 bp −$96doesn'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 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%1h0.1715+0.852%$59K$9K5xas long as short
Gate NES_USDT+0.0100%4h0.1706+0.294%$142K$57K10xas long as short
OKX NES-USDT-SWAPshort+0.0689%4h0.1706+0.294%$1.2M$793K20x
BingX NES-USDT+0.0696%4h0.1706+0.294%$723Kas long as short
MEXC NES_USDT+0.0698%4h0.1706+0.294%$703K$92K20xas long as short
BloFin NES-USDTlong+0.0704%4h0.1701long leg$89K$46K20x
KuCoin NESUSDTM+0.1326%4h0.1718+0.982%$1.4M$863K20xas long as short