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

NEX

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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 0.000%
Price spread now: KuCoin against Bitget−0.092%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$601as in the Funding arb table
Net, price: spread back to 7d avg − costs−$610as in the Price arb table
costs, in and out, $10k−$6096.087% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$7 on $10k
Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.092%, 7d avg −0.082%
Together, before fees+0.357%+$36 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget 10000NEXUSDT0.0000010840.0100pay 0.0050% / 4h27m 01s$120K$40K20x
ShortKuCoin NEXUSDTM0.0000010830.0100get 0.0050% / 4h27m 01s$165K$624K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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: −0.092% → −0.082%
−$1.04
Slippage, 4 orders
−$584.7
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$609.74
Costs to cover
6.087%
Break-even
never at this rate
Slippage from Bitget: live order book, 22 min ago; KuCoin: live order book, 57 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 Bitget live order book, 22 min ago23.05 bp64.5 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 57 min ago37.00 bp142.6 bp −$143doesn't fitdoesn't fitdoesn't fit

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-USDT+0.0070%4h0.000001086+0.185%$1.6Mas long as short
Aster 1000NEXUSDT+0.0100%1h0.000001078−0.555%$2K$9253xas long as short
Bybit 10000NEXUSDT+0.0100%4h0.000001085+0.092%$353K$40K10xas long as short
MEXC NEX_USDT+0.0100%4h0.000001085+0.092%$116K$97K20xas long as short
KuCoin NEXUSDTMshort+0.0100%4h0.000001083−0.092%$165K$624K10x
Bitget 10000NEXUSDTlong+0.0100%4h0.000001084long leg$120K$40K20x