Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.006%
Price spread now: Binance against BloFin−0.274%61s7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$870.872% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)+0.445%+$44 · spread now −0.274%, 7d avg +0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.328% cheaper against BloFin than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of +0.054%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NIL-USDT | 0.06795 | 0.0101 | pay 0.0051% / 4h | 8m 13s | $348K | $142K | 50x |
| Short | Binance NILUSDT | 0.06776 | 0.0100 | get 0.0050% / 4h | 8m 13s | $5.2M | $78.7M | 50x |
BloFin NIL-USDT
Binance NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$0.31
- Price spread: −0.274% → +0.054%
- −$32.81
- Slippage, 4 orders
- −$65.22
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$120.33
- Costs to cover
- 0.872%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Binance: 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 BloFin live order book, 2 min ago | 0.74 bp | 21.0 bp −$21 | 73.3 bp −$733 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.47 bp | 25.5 bp −$25 | 108.6 bp −$1,086 | 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 | 0.06783 | −0.173% | $20K | $361K | 5x | as long as short |
| Binance NILUSDTshort | +0.0100% | 4h | 0.06776 | −0.274% | $5.2M | $78.7M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.06787 | −0.118% | $3.7M | $14.0M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06778 | −0.250% | $434K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06790 | −0.074% | $2.4M | $5.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06786 | −0.132% | $508K | $682K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06781 | −0.206% | $1.7M | $8.5M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06776 | −0.280% | — | $8.5M | — | as long as short |
| BloFin NIL-USDTlong | +0.0101% | 4h | 0.06795 | long leg | $348K | $142K | 50x | |
| Extended NIL-USD | +0.0104% | 1h | 0.06779 | −0.241% | $16K | $94K | 5x | as long as short |
Aster NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NIL | +0.0119% | 4h | 0.06813 | +0.258% | $175K | $266K | — | as long as short |
| Hyperliquid NIL | +0.1496% | 1h | 0.06790 | −0.071% | $4.0M | $4.4M | 3x | as long as short |
Variational Omni NIL
Hyperliquid NIL