Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against BingX+0.185%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$1101.096% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days−0.166%−$17 · spread now +0.185%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.215% dearer against BingX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIL-USDT | 0.07020 | 0.0100 | pay 0.0050% / 4h | 51m 00s | — | $8.4M | — |
| Short | Bitget NILUSDT | 0.07033 | 0.0100 | get 0.0050% / 4h | 51m 00s | $1.8M | $8.4M | 50x |
BingX NIL-USDT
Bitget NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.185% → −0.030%
- $21.48
- Slippage, 4 orders
- −$87.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$88.09
- Costs to cover
- 1.096%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 5.61 bp | 24.3 bp −$24 | 123.8 bp −$1,238 | 585.6 bp −$58.6K | 794.8 bp −$397.4K |
| Sell Bitget live order book, 2 min ago | 7.71 bp | 29.6 bp −$30 | 150.2 bp −$1,502 | 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 | +0.0071% | 4h | 0.07097 | +1.097% | $364K | $127K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.07049 | +0.419% | $23K | $324K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07024 | +0.057% | $5.5M | $75.3M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07032 | +0.171% | $3.9M | $13.9M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07052 | +0.456% | $457K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07028 | +0.114% | $2.4M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07038 | +0.256% | $586K | $712K | 30x | as long as short |
| Bitget NILUSDTshort | +0.0100% | 4h | 0.07033 | +0.185% | $1.8M | $8.4M | 50x | |
| BingX NIL-USDTlong | +0.0100% | 4h | 0.07020 | long leg | — | $8.4M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.07047 | +0.388% | $181K | $280K | — | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NIL-USD | +0.0104% | 1h | 0.07030 | +0.143% | $22K | $91K | 5x | as long as short |
| Hyperliquid NIL | +0.0908% | 1h | 0.07060 | +0.563% | $4.4M | $4.6M | 3x | as long as short |
Extended NIL-USD
Hyperliquid NIL