Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against Aster+0.268%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$3173.174% of the position
Funding, last 6 days (all we have)+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.363%−$36 · spread now +0.268%, 7d avg −0.038%
=Together, before fees−0.340%+ Points / potential airdropAster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.306% dearer against Aster than usual: you sell high and buy low (spread +0.268% now, against its 7-day average of −0.038%): +$31 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 43 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NILUSDT | 0.07095 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $24K | $319K | 5x |
| Short | BloFin NIL-USDT | 0.07114 | 0.0076 | get 0.0038% / 4h | 2h 14m | $359K | $112K | 50x |
Aster NILUSDT
BloFin NIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. 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
- −$5.01
- Price spread: +0.268% → −0.038%
- $30.58
- Slippage, 4 orders
- −$297.44
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$291.87
- Costs to cover
- 3.174%
- Break-even
- never at this rate
Slippage from Aster: live order book, 33 min ago; BloFin: live order book, 11 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 Aster live order book, 33 min ago | 14.53 bp | 135.2 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 2.11 bp | 22.6 bp −$23 | 92.3 bp −$923 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDTshort | +0.0076% | 4h | 0.07114 | +0.268% | $359K | $112K | 50x | |
| Aster NILUSDTlong | +0.0100% | 4h | 0.07095 | long leg | $24K | $319K | 5x | |
| Binance NILUSDT | +0.0100% | 4h | 0.07094 | −0.011% | $5.5M | $70.7M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07100 | +0.071% | $3.9M | $13.2M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07094 | −0.014% | $444K | $1.9M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07093 | −0.028% | $2.2M | $4.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07098 | +0.043% | $555K | $694K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07094 | −0.014% | $2.0M | $8.5M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07098 | +0.043% | — | $8.3M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07097 | +0.026% | $182K | $244K | — | as long as short |
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NIL-USD | +0.0104% | 1h | 0.07094 | −0.007% | $21K | $185K | 5x | as long as short |
| Hyperliquid NIL | +0.1204% | 1h | 0.07104 | +0.124% | $4.5M | $4.8M | 3x | as long as short |
Extended NIL-USD
Hyperliquid NIL