Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BingX+0.116%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days−0.164%−$16 · spread now +0.116%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.138% dearer against BingX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIL-USDT | 0.06941 | 0.0100 | pay 0.0050% / 4h | 1h 37m | — | $8.5M | — |
| Short | Binance NILUSDT | 0.06949 | 0.0100 | get 0.0050% / 4h | 1h 37m | $5.5M | $75.8M | 50x |
BingX NIL-USDT
Binance NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: +0.116% → −0.021%
- $13.76
- Slippage, 4 orders
- −$96.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$103.15
- Costs to cover
- 1.169%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Binance: live order book, 5 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 BingX live order book, 1 min ago | 5.77 bp | 32.1 bp −$32 | 144.5 bp −$1,445 | 552.5 bp −$55.3K | 793.6 bp −$396.8K |
| Sell Binance live order book, 5 min ago | 2.10 bp | 36.1 bp −$36 | 161.3 bp −$1,613 | 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 | +0.0043% | 4h | 0.06898 | −0.620% | $369K | $124K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06948 | +0.098% | $23K | $347K | 5x | as long as short |
| Binance NILUSDTshort | +0.0100% | 4h | 0.06949 | +0.116% | $5.5M | $75.8M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.06949 | +0.115% | $3.8M | $13.9M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06933 | −0.115% | $438K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06946 | +0.072% | $2.3M | $4.4M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06943 | +0.029% | $580K | $701K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06954 | +0.187% | $1.8M | $8.3M | 50x | as long as short |
| BingX NIL-USDTlong | +0.0100% | 4h | 0.06941 | long leg | — | $8.5M | — | |
| Extended NIL-USD | +0.0104% | 1h | 0.06948 | +0.102% | $17K | $96K | 5x | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NIL | +0.0229% | 4h | 0.07006 | +0.931% | $189K | $273K | — | as long as short |
| Hyperliquid NIL | +0.1696% | 1h | 0.06968 | +0.389% | $4.3M | $4.5M | 3x | as long as short |
Variational Omni NIL
Hyperliquid NIL