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: MEXC against Bybit−0.184%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2532.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.184%, 7d avg −0.046%
Together, before fees+0.281%+$28 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: MEXC is 0.138% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 10000NEXUSDT0.0000010870.0100pay 0.0050% / 4h1h 14m$353K$42K10x
ShortMEXC NEX_USDT0.0000010850.0100get 0.0050% / 4h1h 14m$116K$97K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.184% → −0.046%
−$13.76
Slippage, 4 orders
−$237.99
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$266.75
Costs to cover
2.530%
Break-even
never at this rate
Slippage from Bybit: live order book, 40 min ago; MEXC: live order book, 20 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, 40 min ago13.81 bp68.7 bp −$6910300.7 bp −$103.0Kdoesn't fitdoesn't fit
Sell MEXC live order book, 20 min ago9.21 bp55.0 bp −$55196.2 bp −$1,962908.7 bp −$90.9Kdoesn'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%4h0.000001086−0.092%$1.6Mas long as short
Aster 1000NEXUSDT+0.0100%1h0.000001076−1.039%$2K$9253xas long as short
Bybit 10000NEXUSDTlong+0.0100%4h0.000001087long leg$353K$42K10x
MEXC NEX_USDTshort+0.0100%4h0.000001085−0.184%$116K$97K20x
KuCoin NEXUSDTM+0.0100%4h0.000001084−0.276%$166K$624K10xas long as short
Bitget 10000NEXUSDT+0.0100%4h0.000001084−0.276%$120K$40K20xas long as short