Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against QFEX+0.138%7-day average +0.219% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$527as in the Price arb table
costs, in and out, $10k−$5195.186% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.138%, 7d avg +0.219%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.081% cheaper against QFEX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.219%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NKE-USD | 36.160 | 0 | get 0.0000% / 1h | 38m 27s | $1.1M | $782K | 10x |
| Short | Gate NKE_USDT | 36.210 | 0 | get 0.0000% / 8h | 7h 38m | $248K | $23K | 20x |
QFEX NKE-USD
Gate NKE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. 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: +0.138% → +0.219%
- −$8.1
- Slippage, 4 orders
- −$493.61
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$526.71
- Costs to cover
- 5.186%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 2 min ago; Gate: live order book, 53 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 QFEX live order book, 2 min ago | 1.38 bp | 12.0 bp −$12 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell Gate live order book, 53 min ago | 17.99 bp | 210.2 bp −$210 | doesn't fit | 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-USDlong | 0.0000% | 1h | 36.160 | long leg | $1.1M | $782K | 10x | |
| Gate NKE_USDTshort | 0.0000% | 8h | 36.210 | +0.138% | $248K | $23K | 20x | |
| Bitget NKEUSDT | 0.0000% | 8h | 36.308 | +0.409% | $3.1M | $1.5M | 20x | as long as short |
| HTX NKE-USDT | 0.0000% | 8h | 36.430 | +0.747% | $5K | $305K | 20x | as long as short |
| Injective NKE/USDC PERP | +0.0033% | 1h | 35.960 | −0.553% | $975 | $11K | 12x | as long as short |
Bitget NKEUSDT
HTX NKE-USDT
Injective NKE/USDC PERP