Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against Binance+0.054%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$950.951% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days+0.002%$0 · spread now +0.054%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.033% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NILUSDT | 0.06879 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $5.3M | $81.2M | 50x |
| Short | BingX NIL-USDT | 0.06883 | 0.0100 | get 0.0050% / 4h | 1h 00m | — | $8.6M | — |
Binance NILUSDT
BingX NIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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: +0.054% → +0.021%
- $3.3
- Slippage, 4 orders
- −$75.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$91.76
- Costs to cover
- 0.951%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; BingX: live order book, 3 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 Binance live order book, 12 min ago | 0.74 bp | 22.8 bp −$23 | 129.7 bp −$1,297 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.34 bp | 27.3 bp −$27 | 101.1 bp −$1,011 | 434.9 bp −$43.5K | 775.1 bp −$387.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0041% | 4h | 0.06881 | +0.025% | $348K | $150K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06876 | −0.049% | $21K | $364K | 5x | as long as short |
| Binance NILUSDTlong | +0.0100% | 4h | 0.06879 | long leg | $5.3M | $81.2M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.06887 | +0.112% | $3.8M | $14.3M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06884 | +0.069% | $446K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06880 | +0.010% | $2.4M | $5.3M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06880 | +0.010% | $515K | $713K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06883 | +0.054% | $1.8M | $9.0M | 50x | as long as short |
| BingX NIL-USDTshort | +0.0100% | 4h | 0.06883 | +0.054% | — | $8.6M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06889 | +0.135% | $177K | $266K | — | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NIL-USD | +0.0104% | 1h | 0.06878 | −0.025% | $17K | $94K | 5x | as long as short |
| Hyperliquid NIL | +0.1271% | 1h | 0.06901 | +0.319% | $4.1M | $4.6M | 3x | as long as short |
Extended NIL-USD
Hyperliquid NIL