Funding you earn now, next payment 00:00 UTC+0.0926%/8h= +101.4% APRnext payment +$4.63 per $10,000 · paid last 24h +0.024%
Price spread now: BingX against Gate+0.058%7-day average +0.280% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.357%+$36 on $10k
+Price spread, last 4 days (all we have)+0.406%+$41 · spread now +0.058%, 7d avg +0.280%
=Funding pays, the price is against you. BingX is 0.221% cheaper against Gate than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.280%). If the spread goes back, that is −$22 on $10k: about 19 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.357% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.357% in total (about 18.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NES_USDT | 0.1713 | 0.0100 | pay 0.0050% / 4h | 37m 24s | $143K | $57K | 10x |
| Short | BingX NES-USDT | 0.1714 | 0.1026 | get 0.0513% / 4h | 37m 24s | — | $725K | — |
Gate NES_USDT
BingX NES-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $194.46
- Price spread: +0.058% → +0.280%
- −$22.14
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $147.32
- Costs to cover
- 0.250%
- Break-even
- 1.7 days
Slippage unknown: Gate: live order book, 33 min ago; BingX: live order book, 66 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 33 min ago | 5.88 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 66 min ago | 11.67 bp | 80.6 bp −$81 | 605.3 bp −$6,053 | 1272.7 bp −$127.3K | 1375.4 bp −$687.7K |
NES on 7 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NESUSDT | +0.0100% | 1h | 0.1720 | +0.382% | $59K | $9K | 5x | as long as short |
| Gate NES_USDTlong | +0.0100% | 4h | 0.1713 | long leg | $143K | $57K | 10x | |
| BloFin NES-USDT | +0.1015% | 4h | 0.1712 | −0.058% | $88K | $47K | 20x | as long as short |
| BingX NES-USDTshort | +0.1026% | 4h | 0.1714 | +0.058% | — | $725K | — | |
| MEXC NES_USDT | +0.1056% | 4h | 0.1713 | 0.000% | $707K | $92K | 20x | as long as short |
| OKX NES-USDT-SWAP | +0.1058% | 4h | 0.1715 | +0.117% | $1.2M | $796K | 20x | as long as short |
| KuCoin NESUSDTM | +0.1430% | 4h | 0.1715 | +0.128% | $1.4M | $855K | 20x | as long as short |
Aster NESUSDT
BloFin NES-USDT
MEXC NES_USDT
OKX NES-USDT-SWAP
KuCoin NESUSDTM