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 Bitget−0.115%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1691.688% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.115%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.164% cheaper against Bitget than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NILUSDT | 0.06939 | 0.0100 | pay 0.0050% / 4h | 20m 08s | $1.8M | $8.4M | 50x |
| Short | KuCoin NILUSDTM | 0.06931 | 0.0100 | get 0.0050% / 4h | 20m 08s | $577K | $704K | 30x |
Bitget NILUSDT
KuCoin NILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.115% → +0.048%
- −$16.36
- Slippage, 4 orders
- −$144.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$185.14
- Costs to cover
- 1.688%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 64 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, 3 min ago | 7.95 bp | 18.9 bp −$19 | 164.9 bp −$1,649 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 17.96 bp | 49.7 bp −$50 | 517.6 bp −$5,176 | 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 | 0.06925 | −0.204% | $23K | $316K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06936 | −0.046% | $5.4M | $74.5M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06944 | +0.072% | $3.8M | $13.8M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06928 | −0.159% | $445K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06938 | −0.014% | $2.3M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06931 | −0.115% | $577K | $704K | 30x | |
| Bitget NILUSDTlong | +0.0100% | 4h | 0.06939 | long leg | $1.8M | $8.4M | 50x | |
| BingX NIL-USDT | +0.0100% | 4h | 0.06942 | +0.043% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06942 | +0.046% | $178K | $260K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06928 | −0.162% | $17K | $93K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
BingX NIL-USDT
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 | +0.0121% | 4h | 0.06918 | −0.303% | $358K | $124K | 50x | as long as short |
| Hyperliquid NIL | +0.0752% | 1h | 0.06954 | +0.213% | $4.4M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL