Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against Bybit−0.315%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1521.522% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days+0.387%+$39 · spread now −0.315%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.296% cheaper against Bybit than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NILUSDT | 0.07312 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $4.0M | $13.7M | 20x |
| Short | Gate NIL_USDT | 0.07289 | 0.0100 | get 0.0050% / 4h | 1h 45m | $470K | $1.9M | 50x |
Bybit NILUSDT
Gate NIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.315% → −0.019%
- −$29.57
- Slippage, 4 orders
- −$126.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$181.78
- Costs to cover
- 1.522%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: 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 | 2.73 bp | 27.3 bp −$27 | 131.0 bp −$1,310 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 10.34 bp | 39.8 bp −$40 | 231.9 bp −$2,319 | 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 | 0.07278 | −0.460% | $24K | $341K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07292 | −0.278% | $5.8M | $74.8M | 50x | as long as short |
| Bybit NILUSDTlong | +0.0100% | 4h | 0.07312 | long leg | $4.0M | $13.7M | 20x | |
| Gate NIL_USDTshort | +0.0100% | 4h | 0.07289 | −0.315% | $470K | $1.9M | 50x | |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07294 | −0.246% | $2.5M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07283 | −0.397% | $555K | $658K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07303 | −0.123% | $1.8M | $8.1M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07294 | −0.246% | — | $8.5M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07293 | −0.260% | $18K | $96K | 5x | as long as short |
| BloFin NIL-USDT | +0.0134% | 4h | 0.07289 | −0.315% | — | $131K | 50x | as long as short |
Aster NILUSDT
Binance NILUSDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USD
BloFin NIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NIL | +0.0217% | 4h | 0.07276 | −0.496% | $197K | $273K | — | as long as short |
| Hyperliquid NIL | +0.1760% | 1h | 0.07310 | −0.022% | $4.6M | $4.4M | 3x | as long as short |
Variational Omni NIL
Hyperliquid NIL