Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.146%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1091.091% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.103%+$10 · spread now −0.146%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.154% cheaper against Bitget than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NILUSDT | 0.07511 | 0.0100 | pay 0.0050% / 4h | 3h 47m | $2.1M | $6.1M | 50x |
| Short | MEXC NIL_USDT | 0.07500 | 0.0100 | get 0.0050% / 4h | 3h 47m | $2.4M | $3.0M | 100x |
Bitget NILUSDT
MEXC NIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.146% → +0.007%
- −$15.37
- Slippage, 4 orders
- −$93.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$124.48
- Costs to cover
- 1.091%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 6 min ago; MEXC: 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 Bitget live order book, 6 min ago | 11.31 bp | 27.7 bp −$28 | 129.4 bp −$1,294 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.33 bp | 19.2 bp −$19 | 112.1 bp −$1,121 | 276.2 bp −$27.6K | 512.3 bp −$256.1K |
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 | +0.0098% | 4h | 0.07508 | −0.040% | $368K | $81K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.07507 | −0.053% | $31K | $243K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07505 | −0.080% | $5.8M | $49.5M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07519 | +0.107% | $4.2M | $10.2M | 20x | as long as short |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.07500 | −0.146% | $2.4M | $3.0M | 100x | |
| Bitget NILUSDTlong | +0.0100% | 4h | 0.07511 | long leg | $2.1M | $6.1M | 50x | |
| BingX NIL-USDT | +0.0100% | 4h | 0.07513 | +0.027% | — | $8.1M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07555 | +0.589% | $184K | $249K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07508 | −0.041% | $20K | $197K | 5x | as long as short |
| KuCoin NILUSDTM | +0.0144% | 4h | 0.07512 | +0.013% | $628K | $577K | 30x | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USD
KuCoin NILUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NIL_USDT | +0.0414% | 4h | 0.07508 | −0.040% | $464K | $1.4M | 50x | as long as short |
| Hyperliquid NIL | +0.1919% | 1h | 0.07523 | +0.164% | $4.9M | $4.5M | 3x | as long as short |
Gate NIL_USDT
Hyperliquid NIL