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: KuCoin against Binance−0.018%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1651.652% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.165%−$16 · spread now −0.018%, 7d avg +0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.074% cheaper against Binance than usual: you would sell low and buy high, −$7 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 | Binance NILUSDT | 0.06958 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $5.5M | $75.6M | 50x |
| Short | KuCoin NILUSDTM | 0.06957 | 0.0100 | get 0.0050% / 4h | 1h 30m | $565K | $706K | 30x |
Binance NILUSDT
KuCoin NILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: −0.018% → +0.055%
- −$7.39
- Slippage, 4 orders
- −$143.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$172.56
- Costs to cover
- 1.652%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 68 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 Binance live order book, 12 min ago | 2.10 bp | 20.8 bp −$21 | 146.4 bp −$1,464 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 68 min ago | 10.86 bp | 61.4 bp −$61 | 550.6 bp −$5,506 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0046% | 4h | 0.06917 | −0.593% | $373K | $124K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06967 | +0.118% | $23K | $332K | 5x | as long as short |
| Binance NILUSDTlong | +0.0100% | 4h | 0.06958 | long leg | $5.5M | $75.6M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.06966 | +0.111% | $3.8M | $13.9M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06952 | −0.090% | $445K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06950 | −0.119% | $2.3M | $4.4M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06957 | −0.018% | $565K | $706K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06958 | −0.004% | $1.8M | $8.3M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06959 | +0.010% | — | $8.5M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06954 | −0.062% | $17K | $96K | 5x | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NIL | +0.0223% | 4h | 0.06987 | +0.414% | $179K | $283K | — | as long as short |
| Hyperliquid NIL | +0.1646% | 1h | 0.06973 | +0.211% | $4.3M | $4.5M | 3x | as long as short |
Variational Omni NIL
Hyperliquid NIL