Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.127%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1511.511% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.094%−$9 · spread now +0.127%, 7d avg +0.087%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.040% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NILUSDT | 0.07111 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $2.0M | $8.7M | 50x |
| Short | Bybit NILUSDT | 0.07120 | 0.0100 | get 0.0050% / 4h | 2h 32m | $3.9M | $13.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.127% → +0.087%
- $3.99
- Slippage, 4 orders
- −$128.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$147.09
- Costs to cover
- 1.511%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 11 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, 1 min ago | 7.74 bp | 22.4 bp −$22 | 141.8 bp −$1,418 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 11 min ago | 6.25 bp | 49.4 bp −$49 | 195.3 bp −$1,953 | 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 | 0.07095 | −0.220% | $23K | $324K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07098 | −0.187% | $5.6M | $72.3M | 50x | as long as short |
| Bybit NILUSDTshort | +0.0100% | 4h | 0.07120 | +0.127% | $3.9M | $13.6M | 20x | |
| Gate NIL_USDT | +0.0100% | 4h | 0.07096 | −0.211% | $448K | $1.9M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07091 | −0.281% | $2.2M | $3.9M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07097 | −0.197% | $558K | $702K | 30x | as long as short |
| Bitget NILUSDTlong | +0.0100% | 4h | 0.07111 | long leg | $2.0M | $8.7M | 50x | |
| BingX NIL-USDT | +0.0100% | 4h | 0.07103 | −0.113% | — | $8.3M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07147 | +0.512% | $183K | $264K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07091 | −0.288% | $21K | $185K | 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 | +0.0107% | 4h | 0.07095 | −0.225% | $365K | $120K | 50x | as long as short |
| Hyperliquid NIL | +0.1097% | 1h | 0.07117 | +0.080% | $4.5M | $4.8M | 3x | as long as short |
Bitget NILUSDT
Bybit NILUSDT
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USD
BloFin NIL-USDT
Hyperliquid NIL