Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.029%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1551.554% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.029%, 7d avg +0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.029% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NILUSDT | 0.06854 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $5.3M | $77.7M | 50x |
| Short | KuCoin NILUSDTM | 0.06856 | 0.0100 | get 0.0050% / 4h | 3h 39m | $512K | $673K | 30x |
Binance NILUSDT
KuCoin NILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.029% → +0.058%
- −$2.92
- Slippage, 4 orders
- −$133.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$158.29
- Costs to cover
- 1.554%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 14 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, 3 min ago | 1.46 bp | 23.6 bp −$24 | 143.2 bp −$1,432 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 14 min ago | 12.36 bp | 48.9 bp −$49 | 533.7 bp −$5,337 | 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 | 0.06855 | +0.015% | $22K | $341K | 5x | as long as short |
| Binance NILUSDTlong | +0.0100% | 4h | 0.06854 | long leg | $5.3M | $77.7M | 50x | |
| Gate NIL_USDT | +0.0100% | 4h | 0.06850 | −0.058% | $437K | $1.9M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06865 | +0.160% | $2.4M | $4.7M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06856 | +0.029% | $512K | $673K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06853 | −0.015% | $1.8M | $8.4M | 50x | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06852 | −0.030% | $19K | $92K | 5x | as long as short |
| BloFin NIL-USDT | +0.0152% | 4h | 0.06848 | −0.088% | $351K | $140K | 50x | as long as short |
| Variational Omni NIL | +0.0239% | 4h | 0.06849 | −0.067% | $176K | $265K | — | as long as short |
| BingX NIL-USDT | +0.0318% | 4h | 0.06856 | +0.029% | — | $8.5M | — | as long as short |
Aster NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
Bitget NILUSDT
Extended NIL-USD
BloFin NIL-USDT
Variational Omni NIL
BingX NIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NILUSDT | +0.0607% | 4h | 0.06869 | +0.219% | $3.8M | $13.8M | 20x | as long as short |
| Hyperliquid NIL | +0.4730% | 1h | 0.06882 | +0.413% | $4.3M | $4.5M | 3x | as long as short |
Bybit NILUSDT
Hyperliquid NIL