data as of
Settings8H · net · $10k
Funding arb /

NIL

all NIL markets
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Funding spread now, next payment 19:00 UTC−0.1190%/8h
paid, last 24h−0.278%paid, last 7 days−0.382%to open and close $10k−$134
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.382% in total (about -19.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NIL0.064890.1290pay 0.0161% / 1h16m 17s$3.8M$5.3M3x
ShortKuCoin NILUSDTM0.064610.0100get 0.0050% / 4h1h 16m$468K$787K30x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$249.91
Slippage, 4 orders
−$112.53
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$383.44
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; KuCoin: live order book, 14 min ago.

Price risk

price view
Price gap now
−0.430%
Avg gap 7d
−0.201%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 7 min ago2.87 bp19.6 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 14 min ago17.88 bp47.2 bp −$47526.4 bp −$5,264doesn't fitdoesn't fit

NIL on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin NIL-USDT+0.0100%4h$364K$162K50xas long as short
Aster NILUSDT+0.0100%4h$20K$406K5xas long as short
Binance NILUSDT+0.0100%4h$5.3M$97.9M50xas long as short
Bybit NILUSDT+0.0100%4h$3.4M$17.0M20xas long as short
Gate NIL_USDT+0.0100%4h$417K$2.6M50xas long as short
MEXC NIL_USDT+0.0100%4h$2.0M$8.3M100xas long as short
KuCoin NILUSDTMshort+0.0100%4h$468K$787K30x
Bitget NILUSDT+0.0100%4h$1.7M$10.7M50xas long as short
BingX NIL-USDT+0.0100%4h$8.8Mas long as short
Variational Omni NIL+0.0100%4h$46K$152Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended NIL-USD+0.0104%1h$16K$94K5xas long as short
Hyperliquid NILlong+0.1290%1h$3.8M$5.3M3x