Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against Gate−0.058%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1771.767% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.058%, 7d avg +0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.080% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NIL_USDT | 0.06898 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $438K | $1.9M | 50x |
| Short | KuCoin NILUSDTM | 0.06894 | 0.0100 | get 0.0050% / 4h | 2h 40m | $515K | $652K | 30x |
Gate NIL_USDT
KuCoin NILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.058% → +0.022%
- −$8.03
- Slippage, 4 orders
- −$149.66
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$184.69
- Costs to cover
- 1.767%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 73 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 Gate live order book, 2 min ago | 12.99 bp | 35.2 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 73 min ago | 12.36 bp | 48.9 bp −$49 | 533.7 bp −$5,337 | 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 | +0.0095% | 4h | 0.06946 | +0.696% | $356K | $124K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06892 | −0.083% | $22K | $343K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06871 | −0.391% | $5.4M | $75.2M | 50x | as long as short |
| Gate NIL_USDTlong | +0.0100% | 4h | 0.06898 | long leg | $438K | $1.9M | 50x | |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06903 | +0.072% | $2.3M | $4.5M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06894 | −0.058% | $515K | $652K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06884 | −0.203% | $1.8M | $8.2M | 50x | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06884 | −0.197% | $17K | $94K | 5x | as long as short |
| BingX NIL-USDT | +0.0256% | 4h | 0.06877 | −0.304% | — | $8.5M | — | as long as short |
| Bybit NILUSDT | +0.0270% | 4h | 0.06884 | −0.203% | $3.8M | $13.6M | 20x | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
MEXC NIL_USDT
Bitget NILUSDT
Extended NIL-USD
BingX NIL-USDT
Bybit NILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NIL | +0.0358% | 4h | 0.06904 | +0.086% | $180K | $266K | — | as long as short |
| Hyperliquid NIL | +0.2771% | 1h | 0.06913 | +0.212% | $4.3M | $4.5M | 3x | as long as short |
Variational Omni NIL
Hyperliquid NIL