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 Bitget+0.072%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1741.743% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.072%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.024% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NILUSDT | 0.06965 | 0.0100 | pay 0.0050% / 4h | 28m 45s | $1.8M | $8.4M | 50x |
| Short | KuCoin NILUSDTM | 0.06970 | 0.0100 | get 0.0050% / 4h | 28m 45s | $580K | $708K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.072% → +0.048%
- $2.35
- Slippage, 4 orders
- −$150.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$171.98
- Costs to cover
- 1.743%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 55 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, 5 min ago | 9.16 bp | 30.5 bp −$31 | 133.8 bp −$1,338 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 17.96 bp | 49.7 bp −$50 | 517.6 bp −$5,176 | 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 | 0.06965 | +0.005% | $23K | $319K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06965 | 0.000% | $5.4M | $74.7M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06963 | −0.029% | $3.8M | $13.9M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06957 | −0.115% | $449K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06948 | −0.244% | $2.3M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06970 | +0.072% | $580K | $708K | 30x | |
| Bitget NILUSDTlong | +0.0100% | 4h | 0.06965 | long leg | $1.8M | $8.4M | 50x | |
| BingX NIL-USDT | +0.0100% | 4h | 0.06953 | −0.172% | — | $8.5M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07037 | +1.030% | $181K | $280K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06963 | −0.028% | $19K | $91K | 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 | +0.0105% | 4h | 0.06998 | +0.474% | $353K | $126K | 50x | as long as short |
| Hyperliquid NIL | +0.0756% | 1h | 0.06985 | +0.286% | $4.4M | $4.6M | 3x | as long as short |
Bitget NILUSDT
KuCoin NILUSDTM
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USD
BloFin NIL-USDT
Hyperliquid NIL