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: Binance against BingX−0.104%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1011.005% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now −0.104%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.083% cheaper against BingX than usual: you would sell low and buy high, −$8 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 | BingX NIL-USDT | 0.06739 | 0.0100 | pay 0.0050% / 4h | 1h 15m | — | $8.6M | — |
| Short | Binance NILUSDT | 0.06732 | 0.0100 | get 0.0050% / 4h | 1h 15m | $5.2M | $81.5M | 50x |
BingX NIL-USDT
Binance NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: −0.104% → −0.021%
- −$8.28
- Slippage, 4 orders
- −$80.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$108.8
- Costs to cover
- 1.005%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 12 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 BingX live order book, 2 min ago | 5.18 bp | 21.0 bp −$21 | 91.0 bp −$910 | 492.3 bp −$49.2K | 740.9 bp −$370.4K |
| Sell Binance live order book, 12 min ago | 1.49 bp | 24.4 bp −$24 | 109.2 bp −$1,092 | 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 | 0.06733 | −0.084% | $20K | $368K | 5x | as long as short |
| Binance NILUSDTshort | +0.0100% | 4h | 0.06732 | −0.104% | $5.2M | $81.5M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.06743 | +0.059% | $3.5M | $14.2M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06735 | −0.059% | $429K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06748 | +0.134% | $2.4M | $5.3M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06738 | −0.015% | $491K | $713K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06737 | −0.030% | $1.7M | $9.0M | 50x | as long as short |
| BingX NIL-USDTlong | +0.0100% | 4h | 0.06739 | long leg | — | $8.6M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06728 | −0.168% | $50K | $141K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06736 | −0.051% | $16K | $94K | 5x | as long as short |
Aster NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
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 | +0.0105% | 4h | 0.06753 | +0.208% | $349K | $149K | 50x | as long as short |
| Hyperliquid NIL | +0.1245% | 1h | 0.06749 | +0.147% | $4.0M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL