Funding you earn now, next payment 07:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.240%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3203.196% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.240%, 7d avg +0.083%
=Together, before fees−0.137%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.157% dearer against Extended than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NIL-USD | 0.07554 | 0.0104 | pay 0.0013% / 1h | 10m 00s | $23K | $192K | 5x |
| Short | KuCoin NILUSDTM | 0.07572 | 0.0202 | get 0.0101% / 4h | 1h 10m | $568K | $578K | 30x |
Extended NIL-USD
KuCoin NILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- $20.58
- Price spread: +0.240% → +0.083%
- $15.69
- Slippage, 4 orders
- −$302.58
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$283.31
- Costs to cover
- 3.196%
- Break-even
- 103.4 days
Slippage from Extended: live order book, 58 min ago; KuCoin: live order book, 54 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 Extended live order book, 58 min ago | 5.57 bp | 137.2 bp −$137 | 622.4 bp −$6,224 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 54 min ago | 14.88 bp | 51.4 bp −$51 | 489.7 bp −$4,897 | 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 | 0.07562 | +0.110% | $32K | $321K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07562 | +0.102% | $5.8M | $57.2M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07574 | +0.267% | $4.2M | $11.2M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07562 | +0.108% | $468K | $1.7M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07554 | +0.002% | $2.3M | $3.8M | 100x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07558 | +0.055% | $2.1M | $7.1M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07565 | +0.147% | — | $8.2M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07604 | +0.658% | $199K | $241K | — | as long as short |
| Extended NIL-USDlong | +0.0104% | 1h | 0.07554 | long leg | $23K | $192K | 5x | |
| BloFin NIL-USDT | +0.0124% | 4h | 0.07626 | +0.955% | $367K | $102K | 50x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
BloFin NIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NILUSDTMshort | +0.0202% | 4h | 0.07572 | +0.240% | $568K | $578K | 30x | |
| Hyperliquid NIL | +0.1404% | 1h | 0.07573 | +0.255% | $4.9M | $4.7M | 3x | as long as short |
Hyperliquid NIL