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: BingX against Bitget−0.044%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$920.916% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now −0.044%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.074% cheaper against Bitget than usual: you would sell low and buy high, −$7 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 | Bitget NILUSDT | 0.06836 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $1.7M | $9.1M | 50x |
| Short | BingX NIL-USDT | 0.06833 | 0.0100 | get 0.0050% / 4h | 1h 41m | — | $8.6M | — |
Bitget NILUSDT
BingX NIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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: −0.044% → +0.030%
- −$7.43
- Slippage, 4 orders
- −$69.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$99.01
- Costs to cover
- 0.916%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; BingX: 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 Bitget live order book, 2 min ago | 5.84 bp | 21.4 bp −$21 | 71.1 bp −$711 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 4.40 bp | 23.4 bp −$23 | 98.2 bp −$982 | 458.6 bp −$45.9K | 821.0 bp −$410.5K |
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 | 0.06833 | −0.051% | $20K | $368K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06833 | −0.051% | $5.4M | $82.2M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06840 | +0.059% | $3.6M | $14.3M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06837 | +0.015% | $439K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06835 | −0.015% | $2.4M | $5.2M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06835 | −0.015% | $496K | $717K | 30x | as long as short |
| Bitget NILUSDTlong | +0.0100% | 4h | 0.06836 | long leg | $1.7M | $9.1M | 50x | |
| BingX NIL-USDTshort | +0.0100% | 4h | 0.06833 | −0.044% | — | $8.6M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06827 | −0.127% | $50K | $145K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06830 | −0.082% | $17K | $94K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
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 | +0.0137% | 4h | 0.06835 | −0.015% | $354K | $151K | 50x | as long as short |
| Hyperliquid NIL | +0.1180% | 1h | 0.06848 | +0.180% | $4.1M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL