Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against MEXC+0.059%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$305as in the Funding arb table
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$3053.045% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.059%, 7d avg +0.078%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NES_USDT | 0.1702 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $700K | $95K | 20x |
| Short | BingX NES-USDT | 0.1703 | 0.0100 | get 0.0050% / 4h | 2h 07m | — | $718K | — |
MEXC NES_USDT
BingX NES-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $0
- Price spread: +0.059% → +0.078%
- −$1.93
- Slippage, 4 orders
- −$290.54
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$306.47
- Costs to cover
- 3.045%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 53 min ago; BingX: live order book, 66 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 MEXC live order book, 53 min ago | 2.92 bp | 68.0 bp −$68 | 287.8 bp −$2,878 | 431.9 bp −$43.2K | 875.8 bp −$437.9K |
| Sell BingX live order book, 66 min ago | 14.60 bp | 93.4 bp −$93 | 592.7 bp −$5,927 | 1264.7 bp −$126.5K | doesn't fit |
NES on 6 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 | 0.1699 | −0.177% | $58K | $2K | 5x | as long as short |
| OKX NES-USDT-SWAP | +0.0100% | 4h | 0.1702 | 0.000% | $1.2M | $734K | 20x | as long as short |
| Gate NES_USDT | +0.0100% | 4h | 0.1706 | +0.235% | $141K | $55K | 10x | as long as short |
| MEXC NES_USDTlong | +0.0100% | 4h | 0.1702 | long leg | $700K | $95K | 20x | |
| BingX NES-USDTshort | +0.0100% | 4h | 0.1703 | +0.059% | — | $718K | — | |
| KuCoin NESUSDTM | +0.0710% | 4h | 0.1712 | +0.564% | $1.4M | $877K | 20x | as long as short |
Aster NESUSDT
OKX NES-USDT-SWAP
Gate NES_USDT
KuCoin NESUSDTM