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: KuCoin against Gate−0.204%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1591.592% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.204%, 7d avg +0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.228% cheaper against Gate than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NIL_USDT | 0.06860 | 0.0100 | pay 0.0050% / 4h | 7m 20s | $438K | $2.0M | 50x |
| Short | KuCoin NILUSDTM | 0.06846 | 0.0100 | get 0.0050% / 4h | 7m 20s | $512K | $682K | 30x |
Gate NIL_USDT
KuCoin NILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.204% → +0.024%
- −$22.82
- Slippage, 4 orders
- −$132.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$182.04
- Costs to cover
- 1.592%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 56 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, 5 min ago | 11.00 bp | 33.6 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 11.57 bp | 53.5 bp −$54 | 505.1 bp −$5,051 | 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 | 0.06814 | −0.666% | $20K | $339K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06877 | +0.244% | $5.3M | $78.7M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06896 | +0.525% | $3.8M | $14.0M | 20x | as long as short |
| Gate NIL_USDTlong | +0.0100% | 4h | 0.06860 | long leg | $438K | $2.0M | 50x | |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06858 | −0.029% | $2.5M | $5.0M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06846 | −0.204% | $512K | $682K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06851 | −0.131% | $1.8M | $8.5M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06893 | +0.481% | — | $8.5M | — | as long as short |
| BloFin NIL-USDT | +0.0101% | 4h | 0.06795 | −0.948% | $348K | $142K | 50x | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06812 | −0.695% | $16K | $94K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
MEXC NIL_USDT
Bitget NILUSDT
BingX NIL-USDT
BloFin NIL-USDT
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NIL | +0.0119% | 4h | 0.06813 | −0.692% | $175K | $266K | — | as long as short |
| Hyperliquid NIL | +0.1509% | 1h | 0.06863 | +0.039% | $4.2M | $4.5M | 3x | as long as short |
Variational Omni NIL
Hyperliquid NIL