Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against KuCoin+0.015%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1721.723% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.015%, 7d avg −0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.063% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NILUSDTM | 0.06761 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $475K | $722K | 30x |
| Short | BingX NIL-USDT | 0.06762 | 0.0100 | get 0.0050% / 4h | 2h 33m | — | $8.6M | — |
KuCoin NILUSDTM
BingX NIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.015% → −0.049%
- $6.34
- Slippage, 4 orders
- −$150.25
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$165.91
- Costs to cover
- 1.723%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 50 min ago; BingX: live order book, 10 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, 50 min ago | 26.93 bp | 54.3 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.93 bp | 29.7 bp −$30 | 107.3 bp −$1,073 | 455.0 bp −$45.5K | 721.0 bp −$360.5K |
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 | 0.06757 | −0.054% | $20K | $370K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06764 | +0.042% | $5.3M | $84.8M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06769 | +0.118% | $3.5M | $14.7M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06769 | +0.118% | $439K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06764 | +0.044% | $2.3M | $6.0M | 100x | as long as short |
| KuCoin NILUSDTMlong | +0.0100% | 4h | 0.06761 | long leg | $475K | $722K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06768 | +0.104% | $1.7M | $9.6M | 50x | as long as short |
| BingX NIL-USDTshort | +0.0100% | 4h | 0.06762 | +0.015% | — | $8.6M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06762 | +0.019% | $50K | $154K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06762 | +0.010% | $16K | $94K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
Bitget NILUSDT
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 | +0.0128% | 4h | 0.06755 | −0.089% | $357K | $160K | 50x | as long as short |
| Hyperliquid NIL | +0.1902% | 1h | 0.06779 | +0.274% | $4.1M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL