NEX funding rates and arbitrage
Updated 2026-11-11 22:54 UTC
Best NEX arbitrage after every cost
No NEX pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
NEX funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Bybit | 10000NEXUSDT | -0.0752% | 4 h | −164.7% | −173.4% | $120.5K | 2026-11-12 00:00 |
| MEXC | NEX_USDT | -0.0766% | 4 h | −167.8% | −174.8% | $62.1K | 2026-11-12 00:00 |
| LBank | NEXUSDT | -0.0766% | 4 h | −167.8% | −64.4% | — | 2026-11-12 00:00 |
| BingX | 10000NEX-USDT | -0.0769% | 4 h | −168.4% | −167.1% | $928.3K | 2026-11-12 00:00 |
| KuCoin | NEXUSDTM | -0.1199% | 4 h | −262.6% | −46.1% | $226.7K | 2026-11-12 00:00 |
Borrow NEX to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 3.57% | — |
Cost to enter $10,000 of NEX
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| BingX | 10000NEX-USDT | 13.9 bp | top of book only |
| KuCoin | NEXUSDTM | 14.8 bp | top of book only |
| MEXC | NEX_USDT | 21.7 bp | top of book only |
| Bybit | 10000NEXUSDT | 23.2 bp | top of book only |
| Bitget | NEXUSDT (spot) | 27.6 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on NEX
Questions
Is NEX funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no NEX pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest NEX funding rate?
Bybit at −164.7% a year (-0.0752% every 4 h); the lowest is KuCoin at −262.6%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.