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

NES

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0927%/8h= +101.5% APRnext payment +$4.63 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against Gate+0.292%48s7-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+0.382%+$38 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and BloFin is 0.292% dearer against Gate than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.382% in total (about 19.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NES_USDT0.17120.0100pay 0.0050% / 4h34m 20s$143K$57K10x
ShortBloFin NES-USDT0.17170.1027get 0.0513% / 4h34m 20s$88K$47K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$194.65
Price spread: +0.292% → 0.000%
$29.21
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
$196.85
Costs to cover
0.270%
Break-even
from the start
Slippage unknown: Gate: live order book, 36 min ago; BloFin: 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 Gate live order book, 36 min ago5.88 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
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%1h0.1719+0.417%$59K$9K5xas long as short
Gate NES_USDTlong+0.0100%4h0.1712long leg$143K$57K10x
BingX NES-USDT+0.1004%4h0.17120.000%$726Kas long as short
OKX NES-USDT-SWAP+0.1022%4h0.17120.000%$1.2M$795K20xas long as short
BloFin NES-USDTshort+0.1027%4h0.1717+0.292%$88K$47K20x
MEXC NES_USDT+0.1030%4h0.17120.000%$707K$92K20xas long as short
KuCoin NESUSDTM+0.1454%4h0.1716+0.245%$1.4M$857K20xas long as short