Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended−0.029%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$325as in the Funding arb table
Net, price: spread back to 7d avg − costs−$327as in the Price arb table
costs, in and out, $10k−$3243.237% of the position
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: KuCoin is 0.029% cheaper against Extended than usual: you would sell low and buy high, −$3 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 | 0.06930 | 0.0104 | pay 0.0013% / 1h | 9m 46s | $17K | $172K | 5x |
| Short | KuCoin NILUSDTM | 0.06928 | 0.0100 | get 0.0050% / 4h | 3h 09m | $582K | $690K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.029% → 0.000%
- −$2.95
- Slippage, 4 orders
- −$306.73
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$327.52
- Costs to cover
- 3.237%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; KuCoin: live order book, 65 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 Extended live order book, 3 min ago | 4.59 bp | 143.9 bp −$144 | 667.9 bp −$6,679 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 65 min ago | 14.98 bp | 53.0 bp −$53 | 477.4 bp −$4,774 | 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 | 0.06939 | +0.136% | $23K | $315K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06933 | +0.043% | $5.3M | $72.9M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06950 | +0.288% | $3.8M | $13.6M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06922 | −0.116% | $450K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06932 | +0.028% | $2.2M | $4.2M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06928 | −0.029% | $582K | $690K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06934 | +0.057% | $1.9M | $8.5M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06936 | +0.086% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06938 | +0.118% | $178K | $264K | — | as long as short |
| Extended NIL-USDlong | +0.0104% | 1h | 0.06930 | long leg | $17K | $172K | 5x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0136% | 4h | 0.06930 | −0.001% | $345K | $125K | 50x | as long as short |
| Hyperliquid NIL | +0.1164% | 1h | 0.06949 | +0.279% | $4.4M | $4.7M | 3x | as long as short |
Extended NIL-USD
KuCoin NILUSDTM
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
BloFin NIL-USDT
Hyperliquid NIL