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

NIL

all NIL markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$365
spread now−0.017%7d average+0.087%fees + slippage, in and out−$355spread needed3.549%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NILUSDT0.063670.0100pay 0.0050% / 4h2h 37m$20K$410K5x
ShortBybit NILUSDT0.063660.0100get 0.0050% / 4h2h 37m$3.3M$17.7M20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

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

Profit calculator

Spread captured
−$1.66
Funding while held
$0
Slippage, 4 orders
−$335.9
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$356.55
Spread needed to break even
3.549%
Slippage from Aster: live order book, 12 min ago; Bybit: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 12 min ago19.47 bp148.9 bp −$149doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago4.72 bp30.3 bp −$30141.7 bp −$1,417doesn't fitdoesn't fit

NIL price on every exchange

against the cheapest. Click to use as the short leg.

NIL on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin NIL-USDT−0.739%+0.0152%4h$392K$160K50xas long as short
Variational Omni NIL−0.702%+0.0100%4h$46K$163Kas long as short
Extended NIL-USD−0.168%+0.0104%1h$15K$94K5xas long as short
Binance NILUSDT−0.158%+0.0100%4h$5.4M$100.0M50xas long as short
MEXC NIL_USDT−0.111%+0.0100%4h$2.1M$8.3M100xas long as short
Gate NIL_USDT−0.095%+0.0100%4h$412K$2.6M50xas long as short
Bitget NILUSDT−0.095%+0.0100%4h$1.6M$10.7M50xas long as short
BingX NIL-USDT−0.095%+0.0100%4h$8.5Mas long as short
KuCoin NILUSDTM−0.079%+0.0100%4h$414K$788K30xas long as short
Bybit NILUSDTshort−0.017%+0.0100%4h$3.3M$17.7M20x
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster NILUSDTlong0.000%+0.0100%4h$20K$410K5x
Hyperliquid NIL+0.291%+0.0857%1h$3.6M$5.7M3xas long as short