Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended+0.107%7-day average — · you sell dearer than you buy
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: Bybit is 0.107% dearer against Extended than usual: you sell high and buy low, +$11 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 | 0.07144 | 0.0104 | pay 0.0013% / 1h | 54m 37s | $22K | $91K | 5x |
| Short | Bybit NILUSDT | 0.07152 | 0.0100 | get 0.0050% / 4h | 54m 37s | $3.9M | $13.9M | 20x |
Extended NIL-USD
Bybit NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.107% → 0.000%
- $10.72
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$6.12
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 2.81 bp | 40.5 bp −$41 | 176.2 bp −$1,762 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.07144 | −0.011% | $23K | $329K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07144 | −0.005% | $5.5M | $75.3M | 50x | as long as short |
| Bybit NILUSDTshort | +0.0100% | 4h | 0.07152 | +0.107% | $3.9M | $13.9M | 20x | |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07148 | +0.051% | $2.4M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07145 | +0.009% | $595K | $712K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07148 | +0.051% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07143 | −0.019% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0103% | 4h | 0.07152 | +0.105% | $184K | $280K | — | as long as short |
| Extended NIL-USDlong | +0.0104% | 1h | 0.07144 | long leg | $22K | $91K | 5x | |
| Gate NIL_USDT | +0.0114% | 4h | 0.07141 | −0.047% | $463K | $1.9M | 50x | as long as short |
Aster NILUSDT
Binance NILUSDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
Gate NIL_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0140% | 4h | 0.07129 | −0.215% | $362K | $128K | 50x | as long as short |
| Hyperliquid NIL | +0.1018% | 1h | 0.07168 | +0.324% | $4.5M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL