Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against BingX−0.102%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1451.447% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.102%, 7d avg +0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.148% cheaper against BingX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIL-USDT | 0.06849 | 0.0100 | pay 0.0050% / 4h | 19m 51s | — | $8.6M | — |
| Short | KuCoin NILUSDTM | 0.06842 | 0.0100 | get 0.0050% / 4h | 19m 51s | $512K | $687K | 30x |
BingX NIL-USDT
KuCoin NILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.102% → +0.046%
- −$14.8
- Slippage, 4 orders
- −$122.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$159.55
- Costs to cover
- 1.447%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 44 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, 3 min ago | 5.86 bp | 24.4 bp −$24 | 87.0 bp −$870 | 555.9 bp −$55.6K | 792.8 bp −$396.4K |
| Sell KuCoin live order book, 44 min ago | 11.57 bp | 53.5 bp −$54 | 505.1 bp −$5,051 | 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 | +0.0056% | 4h | 0.06840 | −0.131% | $348K | $144K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06851 | +0.034% | $20K | $361K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06846 | −0.044% | $5.3M | $79.4M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06854 | +0.073% | $3.8M | $14.1M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06842 | −0.102% | $440K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06848 | −0.015% | $2.5M | $5.0M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06842 | −0.102% | $512K | $687K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06853 | +0.058% | $1.8M | $8.6M | 50x | as long as short |
| BingX NIL-USDTlong | +0.0100% | 4h | 0.06849 | long leg | — | $8.6M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06847 | −0.035% | $175K | $266K | — | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
Bitget NILUSDT
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NIL-USD | +0.0104% | 1h | 0.06850 | +0.017% | $16K | $94K | 5x | as long as short |
| Hyperliquid NIL | +0.1565% | 1h | 0.06868 | +0.285% | $4.1M | $4.5M | 3x | as long as short |
Extended NIL-USD
Hyperliquid NIL