Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.281%
Price spread now: Bitget against Gate+0.417%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$549as in the Funding arb table
Net, price: spread back to 7d avg − costs−$574as in the Price arb table
costs, in and out, $10k−$6046.037% of the position
Funding, last 7 days+0.548%+$55 on $10k
+Price spread, last 4 days (all we have)−0.385%−$39 · spread now +0.417%, 7d avg +0.122%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.295% dearer against Gate than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of +0.122%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NKE_USDT | 36.210 | 0 | get 0.0000% / 8h | 1h 12m | $249K | $24K | 20x |
| Short | Bitget NKEUSDT | 36.361 | 0 | get 0.0000% / 8h | 1h 12m | $3.1M | $1.5M | 20x |
Gate NKE_USDT
Bitget NKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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: +0.417% → +0.122%
- $29.49
- Slippage, 4 orders
- −$576.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$574.19
- Costs to cover
- 6.037%
- Break-even
- never at this rate
Slippage from Gate: live order book, 24 min ago; Bitget: live order book, just now.
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 Gate live order book, 24 min ago | 17.99 bp | 287.8 bp −$288 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 21.16 bp | 82.2 bp −$82 | 99.4 bp −$994 | 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-USD | 0.0000% | 1h | 36.180 | −0.083% | $1.1M | $867K | 10x | as long as short |
| Gate NKE_USDTlong | 0.0000% | 8h | 36.210 | long leg | $249K | $24K | 20x | |
| Bitget NKEUSDTshort | 0.0000% | 8h | 36.361 | +0.417% | $3.1M | $1.5M | 20x | |
| HTX NKE-USDT | 0.0000% | 8h | 36.340 | +0.359% | $5K | $307K | 20x | as long as short |
| Injective NKE/USDC PERP | +0.0033% | 1h | 35.960 | −0.690% | $975 | $11K | 12x | as long as short |
QFEX NKE-USD
HTX NKE-USDT
Injective NKE/USDC PERP