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−$193
spread now+0.058%7d average+0.063%fees + slippage, in and out−$193spread needed1.930%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NILUSDT0.062750.0100pay 0.0050% / 4h1h 58m$5.2M$99.4M50x
ShortKuCoin NILUSDTM0.062790.0100get 0.0050% / 4h1h 58m$432K$793K30x

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
$5.82
Funding while held
$0
Slippage, 4 orders
−$170.98
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$187.16
Spread needed to break even
1.930%
Slippage from Binance: live order book, 1 min ago; KuCoin: live order book, 42 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 Binance live order book, 1 min ago0.80 bp28.8 bp −$29163.2 bp −$1,632doesn't fitdoesn't fit
Sell KuCoin live order book, 42 min ago23.73 bp70.7 bp −$71596.8 bp −$5,968doesn'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−0.388%+0.0138%4h$362K$158K50xas long as short
MEXC NIL_USDT−0.245%+0.0100%4h$1.9M$8.3M100xas long as short
Extended NIL-USD−0.154%+0.0104%1h$15K$94K5xas long as short
Bitget NILUSDT−0.053%+0.0100%4h$1.6M$10.8M50xas long as short
Aster NILUSDT−0.048%+0.0100%4h$19K$406K5xas long as short
BingX NIL-USDT−0.021%+0.0100%4h$8.8Mas long as short
Binance NILUSDTlong0.000%+0.0100%4h$5.2M$99.4M50x
Variational Omni NIL+0.052%+0.0100%4h$44K$164Kas long as short
KuCoin NILUSDTMshort+0.058%+0.0100%4h$432K$793K30x
Gate NIL_USDT+0.106%+0.0100%4h$409K$2.5M50xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit NILUSDT+0.186%+0.0100%4h$3.2M$17.2M20xas long as short
Hyperliquid NIL+0.310%+0.0806%1h$3.6M$5.9M3xas long as short