Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.207%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1631.626% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.207%, 7d avg +0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.155% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NILUSDTM | 0.07259 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $553K | $655K | 30x |
| Short | Bybit NILUSDT | 0.07274 | 0.0100 | get 0.0050% / 4h | 1h 54m | $4.0M | $13.6M | 20x |
KuCoin NILUSDTM
Bybit NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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: +0.207% → +0.052%
- $15.48
- Slippage, 4 orders
- −$139.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$147.08
- Costs to cover
- 1.626%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 44 min ago; Bybit: live order book, 4 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 KuCoin live order book, 44 min ago | 10.86 bp | 46.9 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.84 bp | 31.5 bp −$31 | 156.0 bp −$1,560 | doesn't fit | doesn't fit |
NIL on 11 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 | 0.07256 | −0.041% | $24K | $339K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07258 | −0.010% | $5.7M | $74.6M | 50x | as long as short |
| Bybit NILUSDTshort | +0.0100% | 4h | 0.07274 | +0.207% | $4.0M | $13.6M | 20x | |
| Gate NIL_USDT | +0.0100% | 4h | 0.07253 | −0.083% | $463K | $1.9M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07257 | −0.028% | $2.4M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTMlong | +0.0100% | 4h | 0.07259 | long leg | $553K | $655K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.07265 | +0.083% | $1.9M | $8.1M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07262 | +0.041% | — | $8.5M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07255 | −0.056% | $18K | $96K | 5x | as long as short |
| Variational Omni NIL | +0.0279% | 4h | 0.07242 | −0.237% | $197K | $271K | — | as long as short |
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USD
Variational Omni NILShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid NIL | +0.1801% | 1h | 0.07279 | +0.269% | $4.6M | $4.4M | 3x | as long as short |
Hyperliquid NIL