NKE

Alert

Funding spread now, next payment 15:00 UTC+0.2664%/8h

paid, last 24h0.000%paid, last 3 days+0.299%to open and close $10k−$68

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.299% in total (about 36.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX NKE-USD	35.640	0.0001	pay 0.0000% / 1h	36m 23s	$1.1M	$662K	10x
Short	Bitget NKEUSDT	35.780	0.2665	get 0.2665% / 8h	1h 36m	$2.4M	$748K	20x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee BitgetbpOrdersRate

Funding earned: $559.36
Slippage, 4 orders: −$46.23
Fee QFEX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $491.13
Break-even: 0.9 days

Slippage from QFEX: live order book, 5 min ago; Bitget: live order book, 2 min ago.

Price risk

price view

Price gap now: +0.393%
Avg gap 7d: +0.274%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 5 min ago	2.82 bp	10.5 bp −$11	13.1 bp −$131	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	5.32 bp	11.3 bp −$11	19.2 bp −$192	doesn't fit	doesn't fit

NKE on 5 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate NKE_USDT	0.0000%	8h	$228K	$5K	20x	as long as short
HTX NKE-USDT	0.0000%	8h	$5K	$305K	20x	as long as short
QFEX NKE-USDlong	+0.0001%	1h	$1.1M	$662K	10x
Injective NKE/USDC PERP	+0.0033%	1h	$975	$11K	12x	as long as short
Bitget NKEUSDTshort	+0.2665%	8h	$2.4M	$748K	20x