data as of
Settings8H · net · $10k
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Price arb /

NIL

all NIL markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$113
spread now−0.169%7d average−0.070%fees + slippage, in and out−$103spread needed1.026%
Long on BingXShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NIL-USDT0.064910.0100pay 0.0050% / 4h54m 20s—$8.8M—
ShortBloFin NIL-USDT0.064800.0145get 0.0073% / 4h54m 20s$362K$160K50x

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
−$16.95
Funding while held
$1.36
Slippage, 4 orders
−$80.63
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$118.22
Spread needed to break even
1.026%
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 34 min ago.

Cost of waiting

funding view
Funding /8h
+0.0045%
Per $10,000 a day
+$1.36
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 BingX live order book, 5 min ago4.62 bp23.9 bp −$2492.2 bp −$922533.6 bp −$53.4K787.2 bp −$393.6K
Sell BloFin live order book, 34 min ago8.52 bp30.1 bp −$3083.2 bp −$832doesn't fitdoesn't fit

NIL price on every exchange

against the cheapest. Click to use as the short leg.
BloFin0.06480cheapest
Extended0.06487+0.102%MEXC0.06487+0.108%Aster0.06488+0.121%Binance0.06488+0.123%Gate0.06490+0.154%Bitget0.06490+0.154%Variational Omni0.06491+0.164%KuCoin0.06491+0.170%
BingX0.06491+0.170%
Bybit0.06500+0.309%Hyperliquid0.06504+0.375%

NIL on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin NIL-USDTshort−0.169%+0.0145%4h$362K$160K50x
Extended NIL-USD−0.068%+0.0104%1h$16K$94K5xas long as short
MEXC NIL_USDT−0.062%+0.0100%4h$2.0M$7.9M100xas long as short
Aster NILUSDT−0.048%+0.0100%4h$20K$404K5xas long as short
Binance NILUSDT−0.046%+0.0100%4h$5.3M$96.9M50xas long as short
Gate NIL_USDT−0.015%+0.0100%4h$420K$2.5M50xas long as short
Bitget NILUSDT−0.015%+0.0100%4h$1.7M$10.6M50xas long as short
Variational Omni NIL−0.006%+0.0100%4h$51K$157K—as long as short
KuCoin NILUSDTM0.000%+0.0100%4h$476K$780K30xas long as short
BingX NIL-USDTlong0.000%+0.0100%4h—$8.8M—
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit NILUSDT+0.139%+0.0100%4h$3.4M$16.9M20xas long as short
Hyperliquid NIL+0.205%+0.1163%1h$3.8M$5.2M3xas long as short