Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG33.110+0.0296pay 0.0296% / 8h59m 54s$1.3M$10.7M20xLong Binance
SHORT33.231−0.2314pay 0.2314% / 8h59m 54s$3.5M$5.4M20xShort Bitget
Price gap+0.365%
Funding gap−0.2610% /8h

The gap pays +$19 on $10k if it goes back to its 7d average, but funding costs $78 a day and eats that in about 6 hours. At the last 7 days' pace that is about 4.2 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$16−0.2610% /8h now · paid −0.162% over the last 4 days (all we have)
Price+$19spread +0.365% now, avg +0.179% → +0.186% if it goes back
Costs−$960.956% of $10k · taker + slippage, in and out

The current funding rate is far below what this pair has been paying: over the last 4 days it paid −0.162% in total, about −0.0149%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.365%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NKE on 8 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size20.7 / 27.1 bp
    At $10k entering Bitget costs 27.1 bp, fee and slippage, 1.3× Binance’s.
  • Note: Margin at max leverage$500 + $500
    Binance 20x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$78.31Long Binance: 3 payments, −$8.89; short Bitget: 3 payments, −$69.42.
  • OK: Entry gap works for you+0.365% vs +0.179%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Long leg is thinner$1.3M vs $3.5M OI
    Both legs are deep; Binance is the smaller one.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · Bitget Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0149%/8h × 21 periods−$31.21
Price spread+0.365% → +0.179% (7d avg)+$18.60
Slippage, 4 orderslive order books−$75.62
Fee Binance bp × 2 orders−$8.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$108.22
Costs to cover0.956%Break-evennever at this rate
Slippage: Binance: live order book, 14 min ago; Bitget: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance2.9920.7 bp−$2184.5 bp−$845doesn’t fitdoesn’t fit
SELL · SHORTBitget10.5927.1 bp−$2791.0 bp−$910378.7 bp−$37.9Kdoesn’t fit

Closing costs about the same again.

Alert

NKE news

posts that mention NKE or Nike, from every exchangeSearch all news →
10-02 09:59OKXListingnew market NKE-USDT-SWAP ($NKE) seen by our collector
10-01 20:36KalshiOtherBREAKING: Nike falls over 5% — now down 81% from its peak and trading at its lowest since 2014 @Kalshi on X ↗
09-29 10:05BinanceListingnew market NKEUSDT ($NKE) seen by our collector
09-28 19:52gTrade (Gains Network)ListingNKE/USD no longer reported ($NKE) seen by our collector
09-28 16:00BinanceOtherThe show runs 24/7. 🍿 📌 Tue: JOLTS, an early look at labor demand 📌 Fri: NFP & Unemployment, the big one for rate expectations 📌 Earnings: Micron (AI/chips), Nike (consumer), Accenture (tech services), Carnival (travel) & more This week on Binance. 👉 @binance on X ↗
09-28 03:30GateOtherWhat could move US stocks this week? PCE inflation and the September jobs report return to focus, while Micron earnings will test whether AI infrastructure demand remains strong. • Sep. 29: US JOLTS job openings • Sep. 30: US PCE inflation + Micron earnings • Oct. 1: Accenture + Nike earnings • Oct. 2: US September jobs report Can AI stocks stay strong if Treasury yields rise again, and will consumer demand remain resilient? Read the full outlook: @Gate on X ↗