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: BingX against Bitget−0.206%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1021.018% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.225%+$23 · spread now −0.206%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.236% cheaper against Bitget than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NILUSDT | 0.06810 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $1.7M | $9.5M | 50x |
| Short | BingX NIL-USDT | 0.06796 | 0.0100 | get 0.0050% / 4h | 2h 29m | — | $8.7M | — |
Bitget NILUSDT
BingX NIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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: −0.206% → +0.030%
- −$23.58
- Slippage, 4 orders
- −$79.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$125.4
- Costs to cover
- 1.018%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 4 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 Bitget live order book, 4 min ago | 6.65 bp | 26.2 bp −$26 | 116.4 bp −$1,164 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 5.91 bp | 27.0 bp −$27 | 99.0 bp −$990 | 493.1 bp −$49.3K | 818.5 bp −$409.3K |
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 | 0.06778 | −0.465% | $20K | $370K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06802 | −0.124% | $5.4M | $84.6M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06808 | −0.029% | $3.5M | $14.7M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06776 | −0.499% | $439K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06801 | −0.132% | $2.4M | $6.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06771 | −0.573% | $475K | $722K | 30x | as long as short |
| Bitget NILUSDTlong | +0.0100% | 4h | 0.06810 | long leg | $1.7M | $9.5M | 50x | |
| BingX NIL-USDTshort | +0.0100% | 4h | 0.06796 | −0.206% | — | $8.7M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06768 | −0.614% | $50K | $154K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06782 | −0.415% | $16K | $94K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Variational Omni NIL
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0150% | 4h | 0.06762 | −0.705% | $356K | $160K | 50x | as long as short |
| Hyperliquid NIL | +0.1820% | 1h | 0.06815 | +0.081% | $4.1M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL