Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.059%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1241.239% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.059%, 7d avg −0.081%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.022% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NILUSDT | 0.06768 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $3.5M | $14.6M | 20x |
| Short | Bitget NILUSDT | 0.06764 | 0.0100 | get 0.0050% / 4h | 2h 17m | $1.7M | $9.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.059% → −0.081%
- $2.21
- Slippage, 4 orders
- −$100.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$121.72
- Costs to cover
- 1.239%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, just now.
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, 5 min ago | 3.68 bp | 30.3 bp −$30 | 148.2 bp −$1,482 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 7.39 bp | 29.3 bp −$29 | 123.9 bp −$1,239 | 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 | 0.06754 | −0.201% | $20K | $370K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06758 | −0.148% | $5.3M | $83.9M | 50x | as long as short |
| Bybit NILUSDTlong | +0.0100% | 4h | 0.06768 | long leg | $3.5M | $14.6M | 20x | |
| Gate NIL_USDT | +0.0100% | 4h | 0.06752 | −0.236% | $437K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06754 | −0.207% | $2.3M | $6.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06759 | −0.133% | $475K | $719K | 30x | as long as short |
| Bitget NILUSDTshort | +0.0100% | 4h | 0.06764 | −0.059% | $1.7M | $9.5M | 50x | |
| BingX NIL-USDT | +0.0100% | 4h | 0.06757 | −0.163% | — | $8.6M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06751 | −0.249% | $50K | $153K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06759 | −0.139% | $16K | $94K | 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 | +0.0146% | 4h | 0.06734 | −0.502% | $356K | $159K | 50x | as long as short |
| Hyperliquid NIL | +0.1600% | 1h | 0.06779 | +0.163% | $4.1M | $4.6M | 3x | as long as short |
Bybit NILUSDT
Bitget 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