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: Bitget against KuCoin+0.279%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$577as in the Funding arb table
Net, price: spread back to 7d avg − costs−$549as in the Price arb table
costs, in and out, $10k−$5695.693% 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)−0.431%−$43 · spread now +0.279%, 7d avg +0.078%
Together, before fees−0.506%−$51 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 0.201% dearer against KuCoin than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NEXUSDTM0.0000010740.0100pay 0.0050% / 4h3h 40m$162K$663K10x
ShortBitget 10000NEXUSDT0.0000010770.0100get 0.0050% / 4h3h 40m$119K$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: +0.279% → +0.078%
$20.12
Slippage, 4 orders
−$545.27
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$549.15
Costs to cover
5.693%
Break-even
never at this rate
Slippage from KuCoin: live order book, 13 min ago; Bitget: live order book, 24 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 KuCoin live order book, 13 min ago23.33 bp314.7 bp −$315doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 24 min ago4.64 bp57.7 bp −$58doesn'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%4h0.000001077+0.279%$1.7Mas long as short
Aster 1000NEXUSDT+0.0100%1h0.000001070−0.331%$2K$9173xas long as short
Bybit 10000NEXUSDT+0.0100%4h0.000001078+0.372%$351K$53K10xas long as short
MEXC NEX_USDT+0.0100%4h0.000001076+0.186%$115K$97K20xas long as short
KuCoin NEXUSDTMlong+0.0100%4h0.000001074long leg$162K$663K10x
Bitget 10000NEXUSDTshort+0.0100%4h0.000001077+0.279%$119K$40K20x