Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Gate against Binance+0.319%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1251.255% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.292%−$29 · spread now +0.319%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.285% dearer against Binance than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NILUSDT | 0.07086 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $5.5M | $74.7M | 50x |
| Short | Gate NIL_USDT | 0.07109 | 0.0100 | get 0.0050% / 4h | 2h 11m | $453K | $1.9M | 50x |
Binance NILUSDT
Gate NIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.319% → +0.035%
- $28.45
- Slippage, 4 orders
- −$100.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$97.04
- Costs to cover
- 1.255%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Gate: live order book, 1 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, 16 min ago | 2.85 bp | 16.9 bp −$17 | 134.0 bp −$1,340 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 9.16 bp | 36.1 bp −$36 | 299.1 bp −$2,991 | doesn't fit | doesn't fit |
NIL on 11 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 | 0.07106 | +0.283% | $23K | $343K | 5x | as long as short |
| Binance NILUSDTlong | +0.0100% | 4h | 0.07086 | long leg | $5.5M | $74.7M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.07096 | +0.136% | $3.9M | $13.5M | 20x | as long as short |
| Gate NIL_USDTshort | +0.0100% | 4h | 0.07109 | +0.319% | $453K | $1.9M | 50x | |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07111 | +0.347% | $2.4M | $4.6M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07110 | +0.333% | $540K | $655K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07100 | +0.192% | $1.8M | $8.1M | 50x | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07105 | +0.257% | $17K | $91K | 5x | as long as short |
| BingX NIL-USDT | +0.0120% | 4h | 0.07105 | +0.263% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0323% | 4h | 0.07085 | −0.024% | $191K | $268K | — | as long as short |
Aster NILUSDT
Bybit NILUSDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
Extended NIL-USD
BingX NIL-USDT
Variational Omni NILShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid NIL | +0.2399% | 1h | 0.07119 | +0.462% | $4.5M | $4.5M | 3x | as long as short |
Hyperliquid NIL