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

NES

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against OKX−0.029%7-day average +0.333% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,346as in the Price arb table
costs, in and out, $10k−$1,30913.095% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.192%−$19 on $10k
Price spread, last 7 days+0.209%+$21 · spread now −0.029%, 7d avg +0.333%
Together, before fees+0.016%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.362% cheaper against OKX than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of +0.333%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NES-USDT-SWAP0.17150.0100pay 0.0050% / 4h26m 33s$1.2M$715K20x
ShortKuCoin NESUSDTM0.17140.0100get 0.0050% / 4h26m 33s$1.4M$879K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.029% → +0.333%
−$36.2
Slippage, 4 orders
−$1,287.46
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,345.66
Costs to cover
13.095%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 4 min ago.

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, 5 min ago5.82 bp105.7 bp −$1065803.2 bp −$58.0Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago26.47 bp1103.3 bp −$1,103doesn't fitdoesn't fitdoesn't fit

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%1h0.1708−0.418%$58K$2K5xas long as short
OKX NES-USDT-SWAPlong+0.0100%4h0.1715long leg$1.2M$715K20x
Gate NES_USDT+0.0100%4h0.1712−0.175%$139K$51K10xas long as short
MEXC NES_USDT+0.0100%4h0.1714−0.058%$706K$94K20xas long as short
KuCoin NESUSDTMshort+0.0100%4h0.1714−0.029%$1.4M$879K20x
BingX NES-USDT+0.0100%4h0.1716+0.058%$718Kas long as short
BloFin NES-USDT+0.0136%4h0.1717+0.117%$89K$46K20xas long as short