Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.020%
Price spread now: MEXC against KuCoin−0.296%7-day average −0.378% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,209as in the Price arb table
costs, in and out, $10k−$1,21712.170% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now −0.296%, 7d avg −0.378%
=The price spread pays, funding is against you. MEXC is 0.081% dearer against KuCoin than usual: you sell high and buy low (spread −0.296% now, against its 7-day average of −0.378%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. Mind the row above: over the last 7 days funding on this pair paid +0.194%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NESUSDTM | 0.1720 | 0.0200 | pay 0.0100% / 4h | 1h 06m | $1.4M | $939K | 20x |
| Short | MEXC NES_USDT | 0.1715 | 0.0176 | get 0.0088% / 4h | 1h 06m | $706K | $95K | 20x |
KuCoin NESUSDTM
MEXC NES_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$5.04
- Price spread: −0.296% → −0.378%
- $8.12
- Slippage, 4 orders
- −$1,200.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,213.88
- Costs to cover
- 12.170%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; MEXC: live order book, 29 min ago.
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, 4 min ago | 11.92 bp | 38.8 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 29 min ago | 8.77 bp | 62.7 bp −$63 | 249.5 bp −$2,495 | 367.6 bp −$36.8K | 956.0 bp −$478.0K |
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 | 0.1708 | −0.677% | $58K | $2K | 5x | as long as short |
| Gate NES_USDT | +0.0100% | 4h | 0.1707 | −0.762% | $139K | $45K | 10x | as long as short |
| BloFin NES-USDT | +0.0122% | 4h | 0.1716 | −0.238% | $90K | $37K | 20x | as long as short |
| OKX NES-USDT-SWAP | +0.0172% | 4h | 0.1715 | −0.296% | $1.2M | $663K | 20x | as long as short |
| MEXC NES_USDTshort | +0.0176% | 4h | 0.1715 | −0.296% | $706K | $95K | 20x | |
| KuCoin NESUSDTMlong | +0.0200% | 4h | 0.1720 | long leg | $1.4M | $939K | 20x | |
| BingX NES-USDT | +0.0202% | 4h | 0.1717 | −0.180% | — | $724K | — | as long as short |
Aster NESUSDT
Gate NES_USDT
BloFin NES-USDT
OKX NES-USDT-SWAP
BingX NES-USDT