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

NES

all NES markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.023%
Price spread now: BingX against KuCoin−0.302%7-day average −0.305% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,259as in the Price arb table
costs, in and out, $10k−$1,26012.596% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.186%+$19 on $10k
Price spread, last 4 days (all we have)−0.055%−$5 · spread now −0.302%, 7d avg −0.305%
Together, before fees+0.131%+$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NESUSDTM0.17200.0100pay 0.0050% / 4h2h 38m$1.4M$926K20x
ShortBingX NES-USDT0.17150.0100get 0.0050% / 4h2h 38m$719K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$0
Price spread: −0.302% → −0.305%
$0.3
Slippage, 4 orders
−$1,237.61
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,259.31
Costs to cover
12.596%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago14.54 bp36.2 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 50 min ago14.54 bp64.0 bp −$64209.9 bp −$2,0991268.1 bp −$126.8K1425.6 bp −$712.8K

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%1h0.1708−0.730%$58K$2K5xas long as short
OKX NES-USDT-SWAP+0.0100%4h0.1714−0.360%$1.2M$693K20xas long as short
Gate NES_USDT+0.0100%4h0.1720−0.012%$140K$47K10xas long as short
MEXC NES_USDT+0.0100%4h0.1714−0.360%$705K$93K20xas long as short
KuCoin NESUSDTMlong+0.0100%4h0.1720long leg$1.4M$926K20x
BingX NES-USDTshort+0.0100%4h0.1715−0.302%$719K
BloFin NES-USDT+0.0131%4h0.1719−0.070%$90K$42K20xas long as short