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 Bybit−0.088%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1031.033% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.088%, 7d avg −0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.034% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NILUSDT | 0.06820 | 0.0100 | pay 0.0050% / 4h | 10m 22s | $3.7M | $14.0M | 20x |
| Short | BingX NIL-USDT | 0.06814 | 0.0100 | get 0.0050% / 4h | 10m 22s | — | $8.5M | — |
Bybit NILUSDT
BingX NIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: −0.088% → −0.053%
- −$3.45
- Slippage, 4 orders
- −$82.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$106.71
- Costs to cover
- 1.033%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 2 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 Bybit live order book, 3 min ago | 4.40 bp | 28.4 bp −$28 | 180.6 bp −$1,806 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.13 bp | 29.7 bp −$30 | 91.1 bp −$911 | 474.3 bp −$47.4K | 771.5 bp −$385.8K |
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 | 0.06808 | −0.169% | $20K | $361K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06808 | −0.169% | $5.3M | $78.8M | 50x | as long as short |
| Bybit NILUSDTlong | +0.0100% | 4h | 0.06820 | long leg | $3.7M | $14.0M | 20x | |
| Gate NIL_USDT | +0.0100% | 4h | 0.06810 | −0.147% | $437K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06818 | −0.029% | $2.4M | $5.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06812 | −0.117% | $510K | $685K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06820 | 0.000% | $1.8M | $8.5M | 50x | as long as short |
| BingX NIL-USDTshort | +0.0100% | 4h | 0.06814 | −0.088% | — | $8.5M | — | |
| Extended NIL-USD | +0.0104% | 1h | 0.06807 | −0.188% | $16K | $94K | 5x | as long as short |
| Variational Omni NIL | +0.0119% | 4h | 0.06813 | −0.110% | $175K | $266K | — | as long as short |
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
Extended NIL-USD
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0145% | 4h | 0.06795 | −0.367% | $348K | $142K | 50x | as long as short |
| Hyperliquid NIL | +0.1517% | 1h | 0.06825 | +0.073% | $4.0M | $4.5M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL