Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Bitget against Gate+0.133%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1301.304% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)−0.145%−$14 · spread now +0.133%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.165% dearer against Gate than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NIL_USDT | 0.06754 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $437K | $2.1M | 50x |
| Short | Bitget NILUSDT | 0.06763 | 0.0100 | get 0.0050% / 4h | 2h 19m | $1.7M | $9.5M | 50x |
Gate NIL_USDT
Bitget NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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: +0.133% → −0.032%
- $16.51
- Slippage, 4 orders
- −$103.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$113.91
- Costs to cover
- 1.304%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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 Gate live order book, 4 min ago | 11.82 bp | 37.6 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 6.63 bp | 23.8 bp −$24 | 119.6 bp −$1,196 | 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 | 0.06756 | +0.034% | $20K | $370K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06758 | +0.059% | $5.3M | $84.0M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06768 | +0.207% | $3.5M | $14.6M | 20x | as long as short |
| Gate NIL_USDTlong | +0.0100% | 4h | 0.06754 | long leg | $437K | $2.1M | 50x | |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06759 | +0.074% | $2.3M | $6.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06761 | +0.104% | $477K | $719K | 30x | as long as short |
| Bitget NILUSDTshort | +0.0100% | 4h | 0.06763 | +0.133% | $1.7M | $9.5M | 50x | |
| BingX NIL-USDT | +0.0100% | 4h | 0.06754 | 0.000% | — | $8.6M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06751 | −0.043% | $50K | $153K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06756 | +0.030% | $16K | $94K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
MEXC NIL_USDT
KuCoin NILUSDTM
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USDShow 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 | −0.296% | $356K | $159K | 50x | as long as short |
| Hyperliquid NIL | +0.1608% | 1h | 0.06779 | +0.372% | $4.1M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL