Funding you earn now, next payment 22:00 UTC−0.1512%/8h= −165.6% APRnext payment −$1.89 per $10,000 · paid last 24h −0.313%
Price spread now: Extended against Hyperliquid−0.264%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−0.435%−$44 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$45 a day on $10k at the current rate, and Extended is 0.264% cheaper against Hyperliquid than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.435% in total (about -22.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NIL | 0.06779 | 0.1616 | pay 0.0202% / 1h | 19m 40s | $4.1M | $4.6M | 3x |
| Short | Extended NIL-USD | 0.06761 | 0.0104 | get 0.0013% / 1h | 19m 40s | $16K | $94K | 5x |
Hyperliquid NIL
Extended NIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. 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
- −$317.56
- Price spread: −0.264% → 0.000%
- −$26.45
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$358.01
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; Extended: no order-book sample. 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 Hyperliquid live order book, 2 min ago | 3.40 bp | 27.3 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
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 | 0.06753 | −0.385% | $20K | $370K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06755 | −0.356% | $5.3M | $84.1M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06764 | −0.223% | $3.5M | $14.6M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06752 | −0.400% | $437K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06756 | −0.341% | $2.3M | $6.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06758 | −0.311% | $477K | $719K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06755 | −0.356% | $1.7M | $9.5M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06755 | −0.356% | — | $8.6M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06751 | −0.413% | $50K | $153K | — | as long as short |
| Extended NIL-USDshort | +0.0104% | 1h | 0.06761 | −0.264% | $16K | $94K | 5x |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0153% | 4h | 0.06777 | −0.031% | $356K | $160K | 50x | as long as short |
| Hyperliquid NILlong | +0.1616% | 1h | 0.06779 | long leg | $4.1M | $4.6M | 3x |
BloFin NIL-USDT