Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.155%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1451.445% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.115%−$12 · spread now +0.155%, 7d avg +0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.079% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NILUSDT | 0.07035 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $5.5M | $69.7M | 50x |
| Short | Bybit NILUSDT | 0.07046 | 0.0100 | get 0.0050% / 4h | 2h 00m | $3.9M | $13.1M | 20x |
Binance NILUSDT
Bybit NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.155% → +0.076%
- $7.92
- Slippage, 4 orders
- −$123.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.6
- Costs to cover
- 1.445%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: 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 | 2.82 bp | 29.0 bp −$29 | 170.4 bp −$1,704 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.38 bp | 46.4 bp −$46 | 196.0 bp −$1,960 | 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 NILUSDT | +0.0100% | 4h | 0.07037 | +0.024% | $23K | $320K | 5x | as long as short |
| Binance NILUSDTlong | +0.0100% | 4h | 0.07035 | long leg | $5.5M | $69.7M | 50x | |
| Bybit NILUSDTshort | +0.0100% | 4h | 0.07046 | +0.155% | $3.9M | $13.1M | 20x | |
| Gate NIL_USDT | +0.0100% | 4h | 0.07036 | +0.013% | $437K | $1.9M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07025 | −0.143% | $2.2M | $4.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07047 | +0.169% | $548K | $692K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07044 | +0.127% | $2.0M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07039 | +0.056% | — | $8.3M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07050 | +0.215% | $181K | $244K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07033 | −0.029% | $17K | $190K | 5x | as long as short |
Aster NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0158% | 4h | 0.07046 | +0.155% | $356K | $108K | 50x | as long as short |
| Hyperliquid NIL | +0.1260% | 1h | 0.07058 | +0.333% | $4.4M | $4.8M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL