Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.281%
Price spread now: QFEX against Bitget−0.276%7-day average −0.272% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$750.754% of the position
Funding, last 4 days (all we have)−0.343%−$34 on $10k
+Price spread, last 7 days+0.172%+$17 · spread now −0.276%, 7d avg −0.272%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NKEUSDT | 36.270 | 0 | get 0.0000% / 8h | 38m 12s | $3.1M | $1.5M | 20x |
| Short | QFEX NKE-USD | 36.170 | 0 | get 0.0000% / 1h | 38m 12s | $1.1M | $855K | 10x |
Bitget NKEUSDT
QFEX NKE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.276% → −0.272%
- −$0.39
- Slippage, 4 orders
- −$53.36
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$75.75
- Costs to cover
- 0.754%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; QFEX: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 4 min ago | 11.57 bp | 17.6 bp −$18 | 49.0 bp −$490 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 2.77 bp | 7.9 bp −$8 | 19.9 bp −$199 | doesn't fit | doesn't fit |
NKE on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NKE-USDshort | 0.0000% | 1h | 36.170 | −0.276% | $1.1M | $855K | 10x | |
| Gate NKE_USDT | 0.0000% | 8h | 36.210 | −0.165% | $248K | $24K | 20x | as long as short |
| Bitget NKEUSDTlong | 0.0000% | 8h | 36.270 | long leg | $3.1M | $1.5M | 20x | |
| HTX NKE-USDT | 0.0000% | 8h | 36.230 | −0.110% | $5K | $306K | 20x | as long as short |
| Injective NKE/USDC PERP | +0.0033% | 1h | 35.960 | −0.855% | $975 | $11K | 12x | as long as short |
Gate NKE_USDT
HTX NKE-USDT
Injective NKE/USDC PERP