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

NES

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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 −0.019%
Price spread now: OKX against KuCoin−0.279%7-day average −0.334% · you buy dearer than you sell
Net, funding: paid 7d − costs−$599as in the Funding arb table
Net, price: spread back to 7d avg − costs−$613as in the Price arb table
costs, in and out, $10k−$6186.182% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.192%+$19 on $10k
Price spread, last 7 days+0.031%+$3 · spread now −0.279%, 7d avg −0.334%
Together, before fees+0.223%+$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.055% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.334%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NESUSDTM0.17210.0100pay 0.0050% / 4h2h 15m$1.4M$936K20x
ShortOKX NES-USDT-SWAP0.17160.0100get 0.0050% / 4h2h 15m$1.2M$706K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.279% → −0.334%
$5.49
Slippage, 4 orders
−$596.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$612.73
Costs to cover
6.182%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 1 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, 5 min ago12.49 bp27.2 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.91 bp93.7 bp −$94doesn't fitdoesn't fitdoesn't fit

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%1h0.1705−0.900%$58K$2K5xas long as short
OKX NES-USDT-SWAPshort+0.0100%4h0.1716−0.279%$1.2M$706K20x
Gate NES_USDT+0.0100%4h0.1707−0.802%$139K$47K10xas long as short
MEXC NES_USDT+0.0100%4h0.1711−0.570%$704K$94K20xas long as short
KuCoin NESUSDTMlong+0.0100%4h0.1721long leg$1.4M$936K20x
BingX NES-USDT+0.0100%4h0.1717−0.221%$724Kas long as short
BloFin NES-USDT+0.0155%4h0.1715−0.337%$90K$42K20xas long as short