Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.550%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1761.765% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.514%−$51 · spread now +0.550%, 7d avg +0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.475% dearer against MEXC than usual: you sell high and buy low, +$48 on $10k if it goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIL_USDT | 0.07095 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $2.2M | $3.7M | 100x |
| Short | Bybit NILUSDT | 0.07134 | 0.0100 | get 0.0050% / 4h | 1h 55m | $3.9M | $12.9M | 20x |
MEXC NIL_USDT
Bybit NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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: +0.550% → +0.075%
- $47.51
- Slippage, 4 orders
- −$161.45
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.94
- Costs to cover
- 1.765%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 3 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 MEXC live order book, 2 min ago | 6.38 bp | 52.7 bp −$53 | 162.5 bp −$1,625 | 310.6 bp −$31.1K | 535.8 bp −$267.9K |
| Sell Bybit live order book, 3 min ago | 4.96 bp | 41.8 bp −$42 | 194.7 bp −$1,947 | 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 | 0.07110 | +0.216% | $23K | $320K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07119 | +0.339% | $5.5M | $68.8M | 50x | as long as short |
| Bybit NILUSDTshort | +0.0100% | 4h | 0.07134 | +0.550% | $3.9M | $12.9M | 20x | |
| Gate NIL_USDT | +0.0100% | 4h | 0.07105 | +0.141% | $441K | $1.6M | 50x | as long as short |
| MEXC NIL_USDTlong | +0.0100% | 4h | 0.07095 | long leg | $2.2M | $3.7M | 100x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.07104 | +0.127% | $2.0M | $8.1M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07112 | +0.240% | — | $8.3M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07102 | +0.102% | $182K | $244K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07107 | +0.170% | $17K | $188K | 5x | as long as short |
| KuCoin NILUSDTM | +0.0108% | 4h | 0.07108 | +0.183% | $553K | $683K | 30x | as long as short |
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USD
KuCoin NILUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0127% | 4h | 0.07110 | +0.211% | $359K | $109K | 50x | as long as short |
| Hyperliquid NIL | +0.1607% | 1h | 0.07124 | +0.413% | $4.5M | $4.8M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL