Funding you earn now, next payment 00:00 UTC+0.0904%/8h= +99.0% APRnext payment +$4.52 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against Gate+0.602%7-day average +0.582% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)−0.352%−$35 · spread now +0.602%, 7d avg +0.582%
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and KuCoin is 0.021% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.582%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.142% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.52 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 | 0.1710 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $143K | $57K | 10x |
| Short | KuCoin NESUSDTM | 0.1720 | 0.1004 | get 0.0502% / 4h | 1h 54m | $1.4M | $841K | 20x |
Gate NES_USDT
KuCoin NESUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $189.84
- Price spread: +0.602% → +0.582%
- $2.07
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $164.91
- Costs to cover
- 0.270%
- Break-even
- 0.9 days
Slippage unknown: Gate: live order book, 22 min ago; KuCoin: live order book, 1 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, 22 min ago | 8.77 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 26.45 bp | 452.6 bp −$453 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.1706 | −0.258% | $59K | $9K | 5x | as long as short |
| Gate NES_USDTlong | +0.0100% | 4h | 0.1710 | long leg | $143K | $57K | 10x | |
| BingX NES-USDT | +0.0448% | 4h | 0.1714 | +0.234% | — | $722K | — | as long as short |
| BloFin NES-USDT | +0.0466% | 4h | 0.1719 | +0.526% | $89K | $47K | 20x | as long as short |
| MEXC NES_USDT | +0.0536% | 4h | 0.1713 | +0.175% | $707K | $91K | 20x | as long as short |
| OKX NES-USDT-SWAP | +0.0578% | 4h | 0.1714 | +0.234% | $1.2M | $810K | 20x | as long as short |
| KuCoin NESUSDTMshort | +0.1004% | 4h | 0.1720 | +0.602% | $1.4M | $841K | 20x |
Aster NESUSDT
BingX NES-USDT
BloFin NES-USDT
MEXC NES_USDT
OKX NES-USDT-SWAP