Funding you earn now, next payment 04:00 UTC−0.0643%/8h= −70.4% APRnext payment −$3.22 per $10,000 · paid last 24h −0.057%
Price spread now: Gate against OKX−0.176%7-day average −0.275% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.393%−$39 on $10k
+Price spread, last 4 days (all we have)−0.340%−$34 · spread now −0.176%, 7d avg −0.275%
=The price spread pays, funding is against you. Gate is 0.099% dearer against OKX than usual: you sell high and buy low (spread −0.176% now, against its 7-day average of −0.275%): +$10 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.393% in total) that is about 42 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.393% in total (about -20.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NES-USDT-SWAP | 0.1706 | 0.0743 | pay 0.0372% / 4h | 3h 43m | $1.2M | $793K | 20x |
| Short | Gate NES_USDT | 0.1703 | 0.0100 | get 0.0050% / 4h | 3h 43m | $142K | $57K | 10x |
OKX NES-USDT-SWAP
Gate NES_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$135.04
- Price spread: −0.176% → −0.275%
- $9.89
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$150.16
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 min ago; Gate: live order book, 22 min ago. Net counts fees only.
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, 3 min ago | 8.78 bp | 115.8 bp −$116 | 5484.7 bp −$54.8K | doesn't fit | doesn't fit |
| Sell Gate live order book, 22 min ago | 5.87 bp | doesn't fit | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NESUSDT | +0.0100% | 1h | 0.1711 | +0.281% | $59K | $9K | 5x | as long as short |
| Gate NES_USDTshort | +0.0100% | 4h | 0.1703 | −0.176% | $142K | $57K | 10x | |
| MEXC NES_USDT | +0.0742% | 4h | 0.1704 | −0.117% | $703K | $92K | 20x | as long as short |
| BingX NES-USDT | +0.0742% | 4h | 0.1705 | −0.059% | — | $724K | — | as long as short |
| OKX NES-USDT-SWAPlong | +0.0743% | 4h | 0.1706 | long leg | $1.2M | $793K | 20x | |
| BloFin NES-USDT | +0.0747% | 4h | 0.1703 | −0.176% | $88K | $47K | 20x | as long as short |
| KuCoin NESUSDTM | +0.1374% | 4h | 0.1711 | +0.322% | $1.4M | $862K | 20x | as long as short |
Aster NESUSDT
MEXC NES_USDT
BingX NES-USDT
BloFin NES-USDT
KuCoin NESUSDTM