Funding you earn now, next payment 00:00 UTC−0.1370%/8h= −150.0% APRnext payment −$6.85 per $10,000 · paid last 24h −0.018%
Price spread now: Gate against KuCoin−0.408%7-day average −0.582% · you buy dearer than you sell
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)−0.412%−$41 · spread now −0.408%, 7d avg −0.582%
=The price spread pays, funding is against you. Gate is 0.175% dearer against KuCoin than usual: you sell high and buy low (spread −0.408% now, against its 7-day average of −0.582%): +$17 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.142% in total) that is about 8.6 days.
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 −$6.85 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 | KuCoin NESUSDTM | 0.1717 | 0.1470 | pay 0.0735% / 4h | 30m 23s | $1.4M | $858K | 20x |
| Short | Gate NES_USDT | 0.1710 | 0.0100 | get 0.0050% / 4h | 30m 23s | $143K | $57K | 10x |
KuCoin NESUSDTM
Gate NES_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- −$287.7
- Price spread: −0.408% → −0.582%
- $17.48
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$297.22
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Gate: live order book, 40 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 KuCoin live order book, 5 min ago | 20.07 bp | 41.6 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 40 min ago | 5.88 bp | doesn't fit | 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 | 0.1716 | −0.071% | $59K | $9K | 5x | as long as short |
| Gate NES_USDTshort | +0.0100% | 4h | 0.1710 | −0.408% | $143K | $57K | 10x | |
| BingX NES-USDT | +0.0962% | 4h | 0.1709 | −0.466% | — | $725K | — | as long as short |
| OKX NES-USDT-SWAP | +0.0982% | 4h | 0.1711 | −0.349% | $1.2M | $795K | 20x | as long as short |
| MEXC NES_USDT | +0.0992% | 4h | 0.1708 | −0.524% | $705K | $92K | 20x | as long as short |
| BloFin NES-USDT | +0.1032% | 4h | 0.1713 | −0.233% | $88K | $47K | 20x | as long as short |
| KuCoin NESUSDTMlong | +0.1470% | 4h | 0.1717 | long leg | $1.4M | $858K | 20x |
Aster NESUSDT
BingX NES-USDT
OKX NES-USDT-SWAP
MEXC NES_USDT
BloFin NES-USDT