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

NIL

all NIL markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC−0.0981%/8h
paid, last 24h−0.266%paid, last 3 days−0.474%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NIL0.063030.1081pay 0.0135% / 1h0m 47s$3.6M$5.8M3x
ShortVariational Omni NIL0.062900.0100get 0.0050% / 4h2h 00m$45K$163K

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$206.03
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$215.03
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; Variational Omni: RFQ quote, 15 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.206%
Avg gap 7d
−0.259%
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, 3 min ago2.15 bp20.5 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 15 min ago6.34 bpdoesn't fit161.6 bp −$1,616doesn't fitdoesn't fit

NIL on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin NIL-USDT+0.0058%4h$362K$158K50xas long as short
Aster NILUSDT+0.0100%4h$20K$406K5xas long as short
Binance NILUSDT+0.0100%4h$5.2M$99.5M50xas long as short
Bybit NILUSDT+0.0100%4h$3.2M$17.3M20xas long as short
Gate NIL_USDT+0.0100%4h$408K$2.6M50xas long as short
MEXC NIL_USDT+0.0100%4h$1.9M$8.4M100xas long as short
KuCoin NILUSDTM+0.0100%4h$431K$794K30xas long as short
Bitget NILUSDT+0.0100%4h$1.6M$10.8M50xas long as short
BingX NIL-USDT+0.0100%4h$8.8Mas long as short
Variational Omni NILshort+0.0100%4h$45K$163K
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended NIL-USD+0.0104%1h$15K$94K5xas long as short
Hyperliquid NILlong+0.1081%1h$3.6M$5.8M3x