Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: BingX against OKX+0.117%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$364as in the Funding arb table
Net, price: spread back to 7d avg − costs−$352as in the Price arb table
costs, in and out, $10k−$3643.635% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.508%−$51 · spread now +0.117%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.112% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NES-USDT-SWAP | 0.1715 | 0.0100 | pay 0.0050% / 4h | 30m 31s | $1.2M | $717K | 20x |
| Short | BingX NES-USDT | 0.1717 | 0.0100 | get 0.0050% / 4h | 30m 31s | — | $718K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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: +0.117% → +0.004%
- $11.22
- Slippage, 4 orders
- −$343.51
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$352.3
- Costs to cover
- 3.635%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 13 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 OKX live order book, 1 min ago | 5.82 bp | 105.7 bp −$106 | 5803.2 bp −$58.0K | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 14.68 bp | 96.8 bp −$97 | 506.2 bp −$5,062 | 1258.3 bp −$125.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NES-USDT | +0.0070% | 4h | 0.1716 | +0.058% | $89K | $46K | 20x | as long as short |
| Aster NESUSDT | +0.0100% | 1h | 0.1708 | −0.392% | $58K | $2K | 5x | as long as short |
| OKX NES-USDT-SWAPlong | +0.0100% | 4h | 0.1715 | long leg | $1.2M | $717K | 20x | |
| Gate NES_USDT | +0.0100% | 4h | 0.1712 | −0.175% | $139K | $51K | 10x | as long as short |
| MEXC NES_USDT | +0.0100% | 4h | 0.1715 | 0.000% | $706K | $94K | 20x | as long as short |
| KuCoin NESUSDTM | +0.0100% | 4h | 0.1723 | +0.455% | $1.4M | $876K | 20x | as long as short |
| BingX NES-USDTshort | +0.0100% | 4h | 0.1717 | +0.117% | — | $718K | — |
OKX NES-USDT-SWAP
BingX NES-USDT
BloFin NES-USDT
Aster NESUSDT
Gate NES_USDT
MEXC NES_USDT
KuCoin NESUSDTM