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

NEX

all NEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.009%
Price spread now: BingX against Aster+1.116%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. BingX is 1.116% dearer against Aster than usual: you sell high and buy low (spread +1.116% now, against zero (this spread has no 7-day history yet)): +$112 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000NEXUSDT0.0000010750.0100pay 0.0013% / 1h22m 06s$2K$9253x
ShortBingX 10000NEX-USDT0.0000010870.0070get 0.0035% / 4h1h 22m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
−$6.3
Price spread: +1.116% → 0.000%
$111.63
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$87.33
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; BingX: live order book, 10 min ago. 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 Aster no order-book sample
Sell BingX live order book, 10 min ago9.21 bp73.9 bp −$74401.1 bp −$4,0111089.1 bp −$108.9K1339.2 bp −$669.6K
Aster: 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.

NEX on 6 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
BingX 10000NEX-USDTshort+0.0070%4h0.000001087+1.116%$1.6M
Aster 1000NEXUSDTlong+0.0100%1h0.000001075long leg$2K$9253x
Bybit 10000NEXUSDT+0.0100%4h0.000001086+1.023%$353K$42K10xas long as short
MEXC NEX_USDT+0.0100%4h0.000001085+0.930%$116K$97K20xas long as short
KuCoin NEXUSDTM+0.0100%4h0.000001081+0.558%$165K$627K10xas long as short
Bitget 10000NEXUSDT+0.0100%4h0.000001085+0.930%$120K$40K20xas long as short