Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended−2.121%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 2.121% cheaper against Extended than usual: you would sell low and buy high, −$212 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NIL-USD | 0.07313 | 0.0104 | pay 0.0013% / 1h | 44m 42s | $18K | $96K | 5x |
| Short | Binance NILUSDT | 0.07158 | 0.0100 | get 0.0050% / 4h | 1h 44m | $5.7M | $74.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.84
- Price spread: −2.121% → 0.000%
- −$212.06
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$227.9
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Binance: live order book, 13 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 1.39 bp | 24.4 bp −$24 | 133.9 bp −$1,339 | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0041% | 4h | 0.07256 | −0.784% | $374K | $131K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.07304 | −0.126% | $24K | $343K | 5x | as long as short |
| Binance NILUSDTshort | +0.0100% | 4h | 0.07158 | −2.121% | $5.7M | $74.9M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.07118 | −2.671% | $3.9M | $13.7M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07339 | +0.351% | $473K | $1.9M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07347 | +0.461% | $2.5M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07309 | −0.059% | $557K | $658K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07345 | +0.433% | $1.9M | $8.1M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07321 | +0.105% | — | $8.5M | — | as long as short |
| Extended NIL-USDlong | +0.0104% | 1h | 0.07313 | long leg | $18K | $96K | 5x |
Show 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 | −0.514% | $197K | $273K | — | as long as short |
| Hyperliquid NIL | +0.1769% | 1h | 0.07361 | +0.655% | $4.7M | $4.5M | 3x | as long as short |
Extended NIL-USD
Binance NILUSDT
BloFin NIL-USDT
Aster NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
Hyperliquid NIL