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AXARBITRAGEX
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NEX Funding Rates

NEX perp funding on 7 venues, normalized to APR. High APR is not guaranteed yield.
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Venues7
Highest APR10.95%Bybit
Lowest APR7.67%BingX
Verified signals, 14 days3Average net 2.5 bps
7 rates
NEXBybit+0.0050%4h+10.9%+0.005%*+0.005%*n/a
NEXMEXC+0.0050%4h+10.9%+0.005%*+0.005%*n/a
NEXKuCoin+0.0050%4h+10.9%-0.103%*-0.103%*n/a
NEXLBank+0.0050%4h+10.9%+0.005%*+0.005%*n/a
NEXWEEX+0.0050%4h+10.9%+0.005%*+0.005%*n/a
NEXZoomex+0.0050%4h+10.9%+0.005%*+0.005%*n/a
NEXBingX+0.0035%4h+7.7%+0.004%*+0.004%*n/a

Paid is what a short collected per dollar over the last 7 or 30 days, from the settlements we kept. * marks a stretch with settlements missing, which is never filled in.

NEX funding paid, last 30 days

Each settlement as we read its rate just before it paid. A venue that names no settlement time, or a stretch we missed, has no line, never a guess.

30%0%-245%Nov 4Nov 4
  • KuCoin-0.103% paid, 1x
  • BingX+0.004% paid, 1x
  • MEXC+0.005% paid, 1x

APR of each settlement. Paid is what a short collected per dollar, summed.

NEX regional premiums

Where it trades for a local currency, how far that price sits from the USDT price.

NEX/KRW+43.5 bps24h avg +35.3 bpsNone
VenuePrice (KRW)KRW per USDTPremiumRoute
Bithumb KRW-NEX0.000951,345.5+43.5 bps—
520-4Nov 4, 20:40Nov 4, 23:40
  • KRW+48.5 bps

5-minute means over the USDT price, in bps. A break is a stretch with no fresh book.

Each local price is converted at that exchange's own USDT book, the rate its money really converts at, and compared with the middle USDT price on order book exchanges. Verified means a route that passes every check trades that market the way the premium pays. A premium is not a promise of profit.

Where NEX trades

24-hour volume and open interest, as each venue publishes them. A venue that publishes none shows n/a.

VenueType24h volumeOpen interest
KuCoinNEXUSDTMPerp$790k$196k
BingX10000NEX-USDTPerp$377kn/a
MEXCNEX_USDTPerp$110k$75k
LBankNEXUSDTPerp$104kn/a
WEEXNEXUSDTSpot$74k
MEXCNEXUSDTSpot$57k
MEXCNEXUSDCSpot$56k
Bybit10000NEXUSDTPerp$45k$166k
Zoomex10000NEXUSDTPerp$45kn/a
ToobitNEXUSDTSpot$29k
KuCoinNEX-USDTSpot$29k
CoinbaseNEX-USDSpot$25k

Recent NEX gaps

From the free feed and the Proof Log, at least 15 minutes old. Paid plans and the trial see them live.

No NEX gap in the free feed or the latest Proof Log rows right now.

Across 4 venues over 1 of the last 14 days. Last closed Nov 4, 18:04 UTC. See the Proof Log.

See NEX routes as they open

Net after fees, depth and transfer checks, on every venue we read. No card required.

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