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: Bitget against MEXC−0.028%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1121.124% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.028%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.027% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIL_USDT | 0.07090 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $2.4M | $4.6M | 100x |
| Short | Bitget NILUSDT | 0.07088 | 0.0100 | get 0.0050% / 4h | 2h 09m | $1.8M | $8.1M | 50x |
MEXC NIL_USDT
Bitget NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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: −0.028% → −0.002%
- −$2.65
- Slippage, 4 orders
- −$96.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$115.08
- Costs to cover
- 1.124%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 7.05 bp | 35.3 bp −$35 | 98.7 bp −$987 | 324.6 bp −$32.5K | 629.8 bp −$314.9K |
| Sell Bitget live order book, 4 min ago | 7.75 bp | 27.9 bp −$28 | 126.7 bp −$1,267 | doesn't fit | doesn't fit |
NIL on 11 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 | 0.07088 | −0.034% | $23K | $343K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07092 | +0.028% | $5.5M | $74.7M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07103 | +0.183% | $3.9M | $13.5M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07091 | +0.014% | $452K | $1.9M | 50x | as long as short |
| MEXC NIL_USDTlong | +0.0100% | 4h | 0.07090 | long leg | $2.4M | $4.6M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07091 | +0.014% | $538K | $655K | 30x | as long as short |
| Bitget NILUSDTshort | +0.0100% | 4h | 0.07088 | −0.028% | $1.8M | $8.1M | 50x | |
| Extended NIL-USD | +0.0104% | 1h | 0.07082 | −0.108% | $17K | $91K | 5x | as long as short |
| BingX NIL-USDT | +0.0120% | 4h | 0.07091 | +0.014% | — | $8.5M | — | as long as short |
| Variational Omni NIL | +0.0271% | 4h | 0.07101 | +0.159% | $192K | $268K | — | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
KuCoin NILUSDTM
Extended NIL-USD
BingX NIL-USDT
Variational Omni NILShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid NIL | +0.2373% | 1h | 0.07107 | +0.247% | $4.5M | $4.4M | 3x | as long as short |
Hyperliquid NIL