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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NILUSDT | 0.06275 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $5.2M | $99.4M | 50x |
| Short | KuCoin NILUSDTM | 0.06279 | 0.0100 | get 0.0050% / 4h | 1h 58m | $432K | $793K | 30x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 1 min ago | 0.80 bp | 28.8 bp −$29 | 163.2 bp −$1,632 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 23.73 bp | 70.7 bp −$71 | 596.8 bp −$5,968 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | −0.388% | +0.0138% | 4h | $362K | $158K | 50x | as long as short |
| MEXC NIL_USDT | −0.245% | +0.0100% | 4h | $1.9M | $8.3M | 100x | as long as short |
| Extended NIL-USD | −0.154% | +0.0104% | 1h | $15K | $94K | 5x | as long as short |
| Bitget NILUSDT | −0.053% | +0.0100% | 4h | $1.6M | $10.8M | 50x | as long as short |
| Aster NILUSDT | −0.048% | +0.0100% | 4h | $19K | $406K | 5x | as long as short |
| BingX NIL-USDT | −0.021% | +0.0100% | 4h | — | $8.8M | — | as long as short |
| Binance NILUSDTlong | 0.000% | +0.0100% | 4h | $5.2M | $99.4M | 50x | |
| Variational Omni NIL | +0.052% | +0.0100% | 4h | $44K | $164K | — | as long as short |
| KuCoin NILUSDTMshort | +0.058% | +0.0100% | 4h | $432K | $793K | 30x | |
| Gate NIL_USDT | +0.106% | +0.0100% | 4h | $409K | $2.5M | 50x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit NILUSDT | +0.186% | +0.0100% | 4h | $3.2M | $17.2M | 20x | as long as short |
| Hyperliquid NIL | +0.310% | +0.0806% | 1h | $3.6M | $5.9M | 3x | as long as short |
Binance NILUSDT
KuCoin NILUSDTM
BloFin
MEXC
Extended
Bitget
Aster
BingX
Variational Omni
Gate
Bybit
Hyperliquid