Funding you earn now, next payment 04:00 UTC−0.0105%/8h= −11.5% APRnext payment −$0.52 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against Variational Omni−0.302%7-day average −0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.302%, 7d avg −0.004%
=Together, before fees+0.054%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.298% cheaper against Variational Omni than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NIL | 0.07054 | 0.0343 | pay 0.0171% / 4h | 2h 24m | $191K | $268K | — |
| Short | BingX NIL-USDT | 0.07033 | 0.0238 | get 0.0119% / 4h | 2h 24m | — | $8.5M | — |
Variational Omni NIL
BingX NIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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
- −$21.98
- Price spread: −0.302% → −0.004%
- −$29.84
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$61.82
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 45 min ago; BingX: live order book, 9 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 45 min ago | 9.40 bp | doesn't fit | 233.6 bp −$2,336 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.34 bp | 28.2 bp −$28 | 92.4 bp −$924 | 455.6 bp −$45.6K | 766.4 bp −$383.2K |
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 | 0.07027 | −0.388% | $23K | $343K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07030 | −0.342% | $5.5M | $74.8M | 50x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07030 | −0.345% | $450K | $1.9M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07030 | −0.345% | $2.4M | $4.5M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07031 | −0.331% | $534K | $655K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07039 | −0.217% | $1.8M | $8.2M | 50x | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07025 | −0.415% | $17K | $94K | 5x | as long as short |
| Bybit NILUSDT | +0.0191% | 4h | 0.07045 | −0.132% | $3.9M | $13.5M | 20x | as long as short |
| BingX NIL-USDTshort | +0.0238% | 4h | 0.07033 | −0.302% | — | $8.5M | — | |
| Variational Omni NILlong | +0.0343% | 4h | 0.07054 | long leg | $191K | $268K | — |
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
Extended NIL-USD
Bybit NILUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid NIL | +0.2526% | 1h | 0.07049 | −0.074% | $4.4M | $4.5M | 3x | as long as short |
Hyperliquid NIL