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: KuCoin against BingX−0.158%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1731.730% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.205%+$20 · spread now −0.158%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.198% cheaper against BingX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIL-USDT | 0.06942 | 0.0100 | pay 0.0050% / 4h | 20m 07s | — | $8.4M | — |
| Short | KuCoin NILUSDTM | 0.06931 | 0.0100 | get 0.0050% / 4h | 20m 07s | $577K | $704K | 30x |
BingX NIL-USDT
KuCoin NILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.158% → +0.040%
- −$19.82
- Slippage, 4 orders
- −$150.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$192.77
- Costs to cover
- 1.730%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 64 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, 3 min ago | 6.52 bp | 27.5 bp −$28 | 127.8 bp −$1,278 | 581.4 bp −$58.1K | 772.4 bp −$386.2K |
| Sell KuCoin live order book, 64 min ago | 17.96 bp | 49.7 bp −$50 | 517.6 bp −$5,176 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.06930 | −0.177% | $23K | $316K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06934 | −0.113% | $5.4M | $74.5M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06944 | +0.029% | $3.8M | $13.8M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06930 | −0.173% | $445K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06938 | −0.058% | $2.3M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06931 | −0.158% | $577K | $704K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06939 | −0.043% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDTlong | +0.0100% | 4h | 0.06942 | long leg | — | $8.4M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06942 | +0.003% | $178K | $260K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06928 | −0.205% | $17K | $93K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
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 | +0.0121% | 4h | 0.06918 | −0.346% | $358K | $124K | 50x | as long as short |
| Hyperliquid NIL | +0.0755% | 1h | 0.06952 | +0.138% | $4.4M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL