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: Gate against Bitget−0.149%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$620as in the Funding arb table
Net, price: spread back to 7d avg − costs−$568as in the Price arb table
costs, in and out, $10k−$5655.653% of the position
Funding, last 7 days−0.548%−$55 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.149%, 7d avg −0.123%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.026% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NKEUSDT | 36.264 | 0 | get 0.0000% / 8h | 8m 12s | $3.1M | $1.5M | 20x |
| Short | Gate NKE_USDT | 36.210 | 0 | get 0.0000% / 8h | 8m 12s | $248K | $24K | 20x |
Bitget NKEUSDT
Gate NKE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.149% → −0.123%
- −$2.6
- Slippage, 4 orders
- −$538.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$567.91
- Costs to cover
- 5.653%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 23 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 | 13.08 bp | 19.1 bp −$19 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell Gate live order book, 23 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-USD | 0.0000% | 1h | 36.160 | −0.287% | $1.1M | $822K | 10x | as long as short |
| Gate NKE_USDTshort | 0.0000% | 8h | 36.210 | −0.149% | $248K | $24K | 20x | |
| Bitget NKEUSDTlong | 0.0000% | 8h | 36.264 | long leg | $3.1M | $1.5M | 20x | |
| HTX NKE-USDT | 0.0000% | 8h | 36.270 | +0.017% | $5K | $306K | 20x | as long as short |
| Injective NKE/USDC PERP | +0.0033% | 1h | 35.960 | −0.838% | $975 | $11K | 12x | as long as short |
QFEX NKE-USD
HTX NKE-USDT
Injective NKE/USDC PERP