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: Bitget against Binance+0.121%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1061.056% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.078%−$8 · spread now +0.121%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.130% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NILUSDT | 0.07391 | 0.0100 | pay 0.0050% / 4h | 0m 19s | $5.7M | $50.2M | 50x |
| Short | Bitget NILUSDT | 0.07400 | 0.0100 | get 0.0050% / 4h | 0m 19s | $2.0M | $6.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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: +0.121% → −0.008%
- $12.97
- Slippage, 4 orders
- −$83.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$92.59
- Costs to cover
- 1.056%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: 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 Binance live order book, 12 min ago | 2.66 bp | 24.5 bp −$24 | 144.5 bp −$1,445 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 8.06 bp | 30.7 bp −$31 | 126.0 bp −$1,260 | 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-USDT | +0.0054% | 4h | 0.07420 | +0.392% | $374K | $82K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.07404 | +0.173% | $31K | $257K | 5x | as long as short |
| Binance NILUSDTlong | +0.0100% | 4h | 0.07391 | long leg | $5.7M | $50.2M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.07406 | +0.203% | $4.1M | $10.3M | 20x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07387 | −0.054% | $2.3M | $3.4M | 100x | as long as short |
| Bitget NILUSDTshort | +0.0100% | 4h | 0.07400 | +0.121% | $2.0M | $6.1M | 50x | |
| BingX NIL-USDT | +0.0100% | 4h | 0.07394 | +0.040% | — | $8.1M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07432 | +0.561% | $181K | $248K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07398 | +0.088% | $18K | $195K | 5x | as long as short |
| KuCoin NILUSDTM | +0.0104% | 4h | 0.07408 | +0.230% | $620K | $581K | 30x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NIL_USDT | +0.0130% | 4h | 0.07396 | +0.067% | $459K | $1.5M | 50x | as long as short |
| Hyperliquid NIL | +0.1763% | 1h | 0.07409 | +0.245% | $4.8M | $4.5M | 3x | as long as short |
Binance NILUSDT
Bitget NILUSDT
BloFin NIL-USDT
Aster NILUSDT
Bybit NILUSDT
MEXC NIL_USDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USD
KuCoin NILUSDTM
Gate NIL_USDT
Hyperliquid NIL