Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against Aster+0.096%7-day average +0.023% · 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−$320as in the Price arb table
costs, in and out, $10k−$3283.275% of the position
Funding, last 5 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.446%−$45 · spread now +0.096%, 7d avg +0.023%
=Together, before fees−0.434%+ Points / potential airdropAster: Stage 5 · farm board−$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.073% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NILUSDT | 0.07130 | 0.0100 | pay 0.0050% / 4h | 58m 18s | $23K | $329K | 5x |
| Short | Gate NIL_USDT | 0.07137 | 0.0162 | get 0.0081% / 4h | 58m 18s | $463K | $1.9M | 50x |
Aster NILUSDT
Gate NIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Aster. 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
- $13.02
- Price spread: +0.096% → +0.023%
- $7.32
- Slippage, 4 orders
- −$304.52
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$307.18
- Costs to cover
- 3.275%
- Break-even
- 172.2 days
Slippage from Aster: live order book, 64 min ago; Gate: live order book, 4 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 Aster live order book, 64 min ago | 12.55 bp | 130.8 bp −$131 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 12.60 bp | 37.4 bp −$37 | 236.1 bp −$2,361 | doesn't fit | doesn't fit |
NIL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDTlong | +0.0100% | 4h | 0.07130 | long leg | $23K | $329K | 5x | |
| Binance NILUSDT | +0.0100% | 4h | 0.07128 | −0.036% | $5.5M | $75.3M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07130 | −0.002% | $3.9M | $13.9M | 20x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07123 | −0.100% | $2.4M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07129 | −0.016% | $580K | $710K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07130 | −0.002% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07135 | +0.068% | — | $8.4M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07126 | −0.056% | $22K | $91K | 5x | as long as short |
| BloFin NIL-USDT | +0.0111% | 4h | 0.07178 | +0.671% | $363K | $129K | 50x | as long as short |
| Variational Omni NIL | +0.0155% | 4h | 0.07184 | +0.749% | $185K | $280K | — | as long as short |
Binance NILUSDT
Bybit NILUSDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USD
BloFin NIL-USDT
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NIL_USDTshort | +0.0162% | 4h | 0.07137 | +0.096% | $463K | $1.9M | 50x | |
| Hyperliquid NIL | +0.0894% | 1h | 0.07137 | +0.099% | $4.5M | $4.6M | 3x | as long as short |
Hyperliquid NIL