Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BingX−0.045%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1111.112% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days+0.005%$0 · spread now −0.045%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.024% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIL-USDT | 0.06883 | 0.0100 | pay 0.0050% / 4h | 3h 57m | — | $8.4M | — |
| Short | Binance NILUSDT | 0.06880 | 0.0100 | get 0.0050% / 4h | 3h 57m | $5.3M | $73.9M | 50x |
BingX NIL-USDT
Binance NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: −0.045% → −0.021%
- −$2.36
- Slippage, 4 orders
- −$91.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$113.52
- Costs to cover
- 1.112%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 15 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 BingX live order book, 5 min ago | 5.75 bp | 26.2 bp −$26 | 99.7 bp −$997 | 573.5 bp −$57.4K | 819.2 bp −$409.6K |
| Sell Binance live order book, 15 min ago | 1.43 bp | 26.2 bp −$26 | 143.8 bp −$1,438 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate NIL_USDT | +0.0066% | 4h | 0.06882 | −0.015% | $443K | $1.9M | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06901 | +0.265% | $23K | $314K | 5x | as long as short |
| Binance NILUSDTshort | +0.0100% | 4h | 0.06880 | −0.045% | $5.3M | $73.9M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.06888 | +0.073% | $3.8M | $13.7M | 20x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06877 | −0.087% | $2.2M | $4.2M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06888 | +0.073% | $573K | $697K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06890 | +0.102% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDTlong | +0.0100% | 4h | 0.06883 | long leg | — | $8.4M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06972 | +1.290% | $184K | $264K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06885 | +0.033% | $21K | $93K | 5x | as long as short |
Gate NIL_USDT
Aster NILUSDT
Bybit NILUSDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
Variational Omni NIL
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0127% | 4h | 0.06916 | +0.479% | $349K | $124K | 50x | as long as short |
| Hyperliquid NIL | +0.0689% | 1h | 0.06913 | +0.433% | $4.3M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL