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

NES

all NES markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.15 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against OKX+0.292%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.292% dearer against OKX than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NES-USDT-SWAP0.17140.0100pay 0.0050% / 4h2h 38m$1.2M$693K20x
ShortBloFin NES-USDT0.17190.0131get 0.0065% / 4h2h 38m$90K$42K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$6.48
Price spread: +0.292% → 0.000%
$29.17
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$13.66
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: OKX: live order book, 3 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago5.83 bp107.7 bp −$1085984.1 bp −$59.8Kdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.1708−0.374%$58K$2K5xas long as short
OKX NES-USDT-SWAPlong+0.0100%4h0.1714long leg$1.2M$693K20x
Gate NES_USDT+0.0100%4h0.1720+0.350%$140K$47K10xas long as short
MEXC NES_USDT+0.0100%4h0.17140.000%$705K$93K20xas long as short
KuCoin NESUSDTM+0.0100%4h0.1721+0.379%$1.4M$926K20xas long as short
BingX NES-USDT+0.0100%4h0.17140.000%$722Kas long as short
BloFin NES-USDTshort+0.0131%4h0.1719+0.292%$90K$42K20x