Settings8H · net · $10k
Funding arb · Price arb /

NIL

all NIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.006%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NILUSDT0.070340.0100pay 0.0050% / 4h2h 22m$5.5M$74.8M50x
ShortExtended NIL-USD0.070330.0104get 0.0013% / 1h22m 09s$17K$94K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: −0.006% → 0.000%
−$0.63
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$14.79
Costs to cover
0.150%
Break-even
130.3 days
Slippage unknown: Binance: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago2.85 bp16.9 bp −$17134.0 bp −$1,340doesn't fitdoesn'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 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NILUSDT+0.0100%4h0.07028−0.086%$23K$343K5xas long as short
Binance NILUSDTlong+0.0100%4h0.07034long leg$5.5M$74.8M50x
Gate NIL_USDT+0.0100%4h0.07029−0.065%$449K$1.9M50xas long as short
MEXC NIL_USDT+0.0100%4h0.07042+0.120%$2.4M$4.6M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.07028−0.079%$534K$655K30xas long as short
Bitget NILUSDT+0.0100%4h0.07035+0.020%$1.8M$8.2M50xas long as short
Extended NIL-USDshort+0.0104%1h0.07033−0.006%$17K$94K5x
Bybit NILUSDT+0.0201%4h0.07037+0.049%$3.9M$13.5M20xas long as short
BingX NIL-USDT+0.0228%4h0.07031−0.036%$8.5Mas long as short
Variational Omni NIL+0.0343%4h0.07054+0.295%$191K$268Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid NIL+0.2489%1h0.07058+0.346%$4.4M$4.5M3xas long as short