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−$139
spread now−0.018%7d average−0.008%fees + slippage, in and out−$138spread needed1.376%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NILUSDT0.064580.0100pay 0.0050% / 4h1h 15m$5.3M$97.9M50x
ShortMEXC NIL_USDT0.064570.0100get 0.0050% / 4h1h 15m$2.0M$8.3M100x

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
−$1.81
Funding while held
$0
Slippage, 4 orders
−$123.63
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$139.44
Spread needed to break even
1.376%
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 4 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, 14 min ago0.78 bp19.6 bp −$20114.7 bp −$1,147doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago5.41 bp39.3 bp −$39170.5 bp −$1,705303.7 bp −$30.4K594.8 bp −$297.4K

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−0.065%+0.0150%4h$363K$161K50xas long as short
Extended NIL-USD−0.019%+0.0104%1h$16K$94K5xas long as short
MEXC NIL_USDTshort−0.018%+0.0100%4h$2.0M$8.3M100x
Binance NILUSDTlong0.000%+0.0100%4h$5.3M$97.9M50x
Bitget NILUSDT+0.028%+0.0100%4h$1.7M$10.7M50xas long as short
Aster NILUSDT+0.033%+0.0100%4h$20K$406K5xas long as short
BingX NIL-USDT+0.044%+0.0100%4h$8.8Mas long as short
Gate NIL_USDT+0.059%+0.0100%4h$417K$2.6M50xas long as short
KuCoin NILUSDTM+0.059%+0.0100%4h$468K$787K30xas long as short
Bybit NILUSDT+0.152%+0.0100%4h$3.4M$17.0M20xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni NIL+0.318%+0.0100%4h$50K$155Kas long as short
Hyperliquid NIL+0.411%+0.1289%1h$3.7M$5.3M3xas long as short