Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.009%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$890.887% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.009%, 7d avg +0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NILUSDT | 0.06808 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $1.7M | $9.1M | 50x |
| Short | Binance NILUSDT | 0.06809 | 0.0100 | get 0.0050% / 4h | 1h 38m | $5.3M | $82.1M | 50x |
Bitget NILUSDT
Binance NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.009% → +0.009%
- −$0.04
- Slippage, 4 orders
- −$66.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.77
- Costs to cover
- 0.887%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 4 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 Bitget live order book, 5 min ago | 5.84 bp | 21.4 bp −$21 | 71.1 bp −$711 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.93 bp | 20.0 bp −$20 | 109.4 bp −$1,094 | 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 | 0.06809 | +0.009% | $20K | $368K | 5x | as long as short |
| Binance NILUSDTshort | +0.0100% | 4h | 0.06809 | +0.009% | $5.3M | $82.1M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.06814 | +0.088% | $3.6M | $14.2M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06808 | 0.000% | $439K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06804 | −0.059% | $2.4M | $5.2M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06807 | −0.015% | $494K | $716K | 30x | as long as short |
| Bitget NILUSDTlong | +0.0100% | 4h | 0.06808 | long leg | $1.7M | $9.1M | 50x | |
| BingX NIL-USDT | +0.0100% | 4h | 0.06811 | +0.044% | — | $8.6M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06841 | +0.481% | $51K | $145K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06804 | −0.063% | $17K | $94K | 5x | as long as short |
Aster NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
BingX NIL-USDT
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 | +0.0151% | 4h | 0.06840 | +0.470% | $354K | $151K | 50x | as long as short |
| Hyperliquid NIL | +0.1196% | 1h | 0.06826 | +0.266% | $4.1M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL