Funding you earn now, next payment 16:00 UTC+0.0852%/8h= +93.3% APRnext payment +$8.52 per $10,000 · paid last 24h +0.281%
Price spread now: Bitget against HTX−0.047%46s7-day average +0.151% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.548%+$55 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.047%, 7d avg +0.151%
=Funding pays, the price is against you. Bitget is 0.197% cheaper against HTX than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.151%). If the spread goes back, that is −$20 on $10k: about 19 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.548% in total) that is about 2.5 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.548% in total (about 28.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.52 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NKE-USDT | 36.470 | 0 | get 0.0000% / 8h | 5h 05m | $5K | $312K | 20x |
| Short | Bitget NKEUSDT | 36.453 | 0.0852 | get 0.0852% / 8h | 5h 05m | $3.1M | $1.4M | 20x |
HTX NKE-USDT
Bitget NKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against HTX. 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
- $178.92
- Price spread: −0.047% → +0.151%
- −$19.73
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $135.19
- Costs to cover
- 0.240%
- Break-even
- 1.7 days
Slippage unknown: HTX: live order book, 40 min ago; Bitget: live order book, 5 min ago. Net counts fees only.
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 HTX live order book, 40 min ago | 61.89 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 11.12 bp | 36.6 bp −$37 | 52.5 bp −$525 | doesn't fit | doesn't fit |
NKE on 5 exchanges
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 | 36.420 | −0.137% | $1.1M | $658K | 10x | as long as short |
| Gate NKE_USDT | 0.0000% | 8h | 36.390 | −0.219% | $249K | $24K | 20x | as long as short |
| HTX NKE-USDTlong | 0.0000% | 8h | 36.470 | long leg | $5K | $312K | 20x | |
| Injective NKE/USDC PERP | +0.0033% | 1h | 35.960 | −1.398% | $975 | $11K | 12x | as long as short |
| Bitget NKEUSDTshort | +0.0852% | 8h | 36.453 | −0.047% | $3.1M | $1.4M | 20x |
QFEX NKE-USD
Gate NKE_USDT
Injective NKE/USDC PERP