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: Bitget against BingX+0.089%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1111.112% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.108%−$11 · spread now +0.089%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.119% dearer against BingX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIL-USDT | 0.06753 | 0.0100 | pay 0.0050% / 4h | 2h 19m | — | $8.6M | — |
| Short | Bitget NILUSDT | 0.06759 | 0.0100 | get 0.0050% / 4h | 2h 19m | $1.7M | $9.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.089% → −0.030%
- $11.91
- Slippage, 4 orders
- −$89.25
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$99.33
- Costs to cover
- 1.112%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 4 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, 3 min ago | 6.64 bp | 25.3 bp −$25 | 90.9 bp −$909 | 534.5 bp −$53.4K | 817.0 bp −$408.5K |
| Sell Bitget live order book, 4 min ago | 6.63 bp | 23.8 bp −$24 | 119.6 bp −$1,196 | 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 | 0.06754 | +0.008% | $20K | $370K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06757 | +0.059% | $5.3M | $84.0M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06768 | +0.222% | $3.5M | $14.6M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06754 | +0.015% | $437K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06756 | +0.044% | $2.3M | $6.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06759 | +0.089% | $477K | $719K | 30x | as long as short |
| Bitget NILUSDTshort | +0.0100% | 4h | 0.06759 | +0.089% | $1.7M | $9.5M | 50x | |
| BingX NIL-USDTlong | +0.0100% | 4h | 0.06753 | long leg | — | $8.6M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06751 | −0.028% | $50K | $153K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06754 | +0.017% | $16K | $94K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0153% | 4h | 0.06777 | +0.355% | $356K | $160K | 50x | as long as short |
| Hyperliquid NIL | +0.1612% | 1h | 0.06779 | +0.384% | $4.1M | $4.6M | 3x | as long as short |
BingX NIL-USDT
Bitget NILUSDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Variational Omni NIL
Extended NIL-USD
BloFin NIL-USDT
Hyperliquid NIL