Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against MEXC+0.305%7-day average +0.378% · you sell dearer than you buy
Net, funding: paid 7d − costs−$975as in the Funding arb table
Net, price: spread back to 7d avg − costs−$964as in the Price arb table
costs, in and out, $10k−$9579.567% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.305%, 7d avg +0.378%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.073% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.378%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NES_USDT | 0.1670 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $686K | $92K | 20x |
| Short | KuCoin NESUSDTM | 0.1675 | 0.0100 | get 0.0050% / 4h | 1h 30m | $1.3M | $1.1M | 20x |
MEXC NES_USDT
KuCoin NESUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.305% → +0.378%
- −$7.29
- Slippage, 4 orders
- −$940.74
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$964.03
- Costs to cover
- 9.567%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 8 min ago; KuCoin: live order book, 8 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, 8 min ago | 2.99 bp | 57.9 bp −$58 | 276.8 bp −$2,768 | 403.3 bp −$40.3K | 678.5 bp −$339.3K |
| Sell KuCoin live order book, 8 min ago | 43.80 bp | 479.5 bp −$479 | doesn't fit | doesn't fit | doesn't fit |
NES on 7 exchanges
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 | 0.1679 | +0.521% | $57K | $829 | 5x | as long as short |
| OKX NES-USDT-SWAP | +0.0100% | 4h | 0.1671 | +0.060% | $1.2M | $599K | 20x | as long as short |
| Gate NES_USDT | +0.0100% | 4h | 0.1673 | +0.180% | $135K | $40K | 10x | as long as short |
| MEXC NES_USDTlong | +0.0100% | 4h | 0.1670 | long leg | $686K | $92K | 20x | |
| KuCoin NESUSDTMshort | +0.0100% | 4h | 0.1675 | +0.305% | $1.3M | $1.1M | 20x | |
| BingX NES-USDT | +0.0100% | 4h | 0.1672 | +0.120% | — | $724K | — | as long as short |
| BloFin NES-USDT | +0.0112% | 4h | 0.1670 | 0.000% | $90K | $38K | 20x | as long as short |
Aster NESUSDT
OKX NES-USDT-SWAP
Gate NES_USDT
BingX NES-USDT
BloFin NES-USDT