Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against BingX−0.255%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1491.495% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days+0.246%+$25 · spread now −0.255%, 7d avg +0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.283% cheaper against BingX than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIL-USDT | 0.07464 | 0.0100 | pay 0.0050% / 4h | 3h 57m | — | $8.1M | — |
| Short | Gate NIL_USDT | 0.07445 | 0.0100 | get 0.0050% / 4h | 3h 57m | $461K | $1.4M | 50x |
BingX NIL-USDT
Gate NIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.255% → +0.028%
- −$28.3
- Slippage, 4 orders
- −$124.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$177.79
- Costs to cover
- 1.495%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Gate: 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, 10 min ago | 7.41 bp | 31.4 bp −$31 | 123.5 bp −$1,235 | 591.3 bp −$59.1K | 849.9 bp −$424.9K |
| Sell Gate live order book, 5 min ago | 13.47 bp | 43.2 bp −$43 | 287.7 bp −$2,877 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.07441 | −0.306% | $31K | $257K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07463 | −0.013% | $5.7M | $50.1M | 50x | as long as short |
| Gate NIL_USDTshort | +0.0100% | 4h | 0.07445 | −0.255% | $461K | $1.4M | 50x | |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07452 | −0.161% | $2.4M | $3.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07435 | −0.389% | $622K | $581K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07477 | +0.174% | $2.0M | $6.1M | 50x | as long as short |
| BingX NIL-USDTlong | +0.0100% | 4h | 0.07464 | long leg | — | $8.1M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.07432 | −0.422% | $181K | $248K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07460 | −0.056% | $18K | $195K | 5x | as long as short |
| BloFin NIL-USDT | +0.0154% | 4h | 0.07420 | −0.589% | $374K | $82K | 50x | as long as short |
Aster NILUSDT
Binance NILUSDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
Variational Omni NIL
Extended NIL-USD
BloFin NIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NILUSDT | +0.1020% | 4h | 0.07482 | +0.241% | $4.1M | $10.3M | 20x | as long as short |
| Hyperliquid NIL | +0.2398% | 1h | 0.07491 | +0.367% | $4.9M | $4.5M | 3x | as long as short |
Bybit NILUSDT
Hyperliquid NIL