Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.286%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1681.675% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.407%+$41 · spread now −0.286%, 7d avg −0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.231% cheaper against KuCoin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NILUSDTM | 0.06926 | 0.0100 | pay 0.0050% / 4h | 0m 04s | $576K | $697K | 30x |
| Short | Binance NILUSDT | 0.06906 | 0.0100 | get 0.0050% / 4h | 0m 04s | $5.3M | $74.0M | 50x |
KuCoin NILUSDTM
Binance NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: −0.286% → −0.055%
- −$23.11
- Slippage, 4 orders
- −$145.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$190.62
- Costs to cover
- 1.675%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 14 min ago; Binance: live order book, 12 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 KuCoin live order book, 14 min ago | 14.98 bp | 60.0 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.43 bp | 26.2 bp −$26 | 143.8 bp −$1,438 | 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 | 0.06919 | −0.107% | $23K | $315K | 5x | as long as short |
| Binance NILUSDTshort | +0.0100% | 4h | 0.06906 | −0.286% | $5.3M | $74.0M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.06910 | −0.231% | $3.8M | $13.7M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06917 | −0.130% | $446K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06914 | −0.173% | $2.3M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTMlong | +0.0100% | 4h | 0.06926 | long leg | $576K | $697K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06903 | −0.332% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06918 | −0.116% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06972 | +0.661% | $184K | $264K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06903 | −0.333% | $21K | $93K | 5x | as long as short |
Aster NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
Bitget NILUSDT
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 | +0.0111% | 4h | 0.06955 | +0.419% | $351K | $125K | 50x | as long as short |
| Hyperliquid NIL | +0.0862% | 1h | 0.06930 | +0.062% | $4.4M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL