Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against QFEX+0.111%7-day average +0.224% · 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−$455as in the Price arb table
costs, in and out, $10k−$4444.435% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.111%, 7d avg +0.224%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.113% cheaper against QFEX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.224%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NKE-USD | 36.180 | 0 | get 0.0000% / 1h | 41m 57s | $1.1M | $881K | 10x |
| Short | Gate NKE_USDT | 36.220 | 0 | get 0.0000% / 8h | 1h 41m | $249K | $24K | 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: +0.111% → +0.224%
- −$11.3
- Slippage, 4 orders
- −$418.5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$454.8
- Costs to cover
- 4.435%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Gate: live order book, 60 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, 4 min ago | 4.14 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 60 min ago | 53.86 bp | 207.6 bp −$208 | 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 | 36.180 | long leg | $1.1M | $881K | 10x | |
| Gate NKE_USDTshort | 0.0000% | 8h | 36.220 | +0.111% | $249K | $24K | 20x | |
| Bitget NKEUSDT | 0.0000% | 8h | 36.254 | +0.205% | $3.1M | $1.5M | 20x | as long as short |
| HTX NKE-USDT | 0.0000% | 8h | 36.270 | +0.249% | $5K | $307K | 20x | as long as short |
| Injective NKE/USDC PERP | +0.0033% | 1h | 35.960 | −0.608% | $975 | $11K | 12x | as long as short |
Bitget NKEUSDT
HTX NKE-USDT
Injective NKE/USDC PERP