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

NEX

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.092%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3143.143% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.116%+$12 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.092%, 7d avg −0.044%
Together, before fees+0.082%+$8 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: Bitget is 0.048% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 10000NEXUSDT0.0000010890.0100pay 0.0050% / 4h3h 32m$354K$40K10x
ShortBitget 10000NEXUSDT0.0000010880.0100get 0.0050% / 4h3h 32m$120K$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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% → −0.044%
−$4.79
Slippage, 4 orders
−$291.29
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$319.08
Costs to cover
3.143%
Break-even
never at this rate
Slippage from Bybit: live order book, 12 min ago; Bitget: live order book, 12 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 Bybit live order book, 12 min ago13.79 bp96.8 bp −$9715221.3 bp −$152.2Kdoesn't fitdoesn't fit
Sell Bitget live order book, 12 min ago13.79 bp59.8 bp −$60doesn'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%4h0.0000010890.000%$1.6Mas long as short
Aster 1000NEXUSDT+0.0100%1h0.000001080−0.867%$2K$9253xas long as short
Bybit 10000NEXUSDTlong+0.0100%4h0.000001089long leg$354K$40K10x
MEXC NEX_USDT+0.0100%4h0.000001087−0.184%$116K$96K20xas long as short
KuCoin NEXUSDTM+0.0100%4h0.000001086−0.275%$166K$613K10xas long as short
Bitget 10000NEXUSDTshort+0.0100%4h0.000001088−0.092%$120K$40K20x