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: BingX against Bitget+0.318%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$1041.041% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days−0.338%−$34 · spread now +0.318%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.289% dearer against Bitget than usual: you sell high and buy low, +$29 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 | Bitget NILUSDT | 0.06911 | 0.0100 | pay 0.0050% / 4h | 0m 17s | $1.8M | $8.4M | 50x |
| Short | BingX NIL-USDT | 0.06933 | 0.0100 | get 0.0050% / 4h | 0m 17s | — | $8.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.318% → +0.030%
- $28.88
- Slippage, 4 orders
- −$82.1
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$75.22
- Costs to cover
- 1.041%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 3 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, 3 min ago | 5.74 bp | 22.5 bp −$23 | 150.8 bp −$1,508 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.75 bp | 30.5 bp −$31 | 116.7 bp −$1,167 | 436.9 bp −$43.7K | 756.7 bp −$378.3K |
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 | 0.06938 | +0.396% | $23K | $315K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06926 | +0.217% | $5.3M | $74.0M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06933 | +0.318% | $3.8M | $13.7M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06926 | +0.217% | $447K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06927 | +0.232% | $2.3M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06938 | +0.391% | $577K | $697K | 30x | as long as short |
| Bitget NILUSDTlong | +0.0100% | 4h | 0.06911 | long leg | $1.8M | $8.4M | 50x | |
| BingX NIL-USDTshort | +0.0100% | 4h | 0.06933 | +0.318% | — | $8.4M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06972 | +0.879% | $184K | $264K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06942 | +0.441% | $21K | $93K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0111% | 4h | 0.06955 | +0.637% | $351K | $125K | 50x | as long as short |
| Hyperliquid NIL | +0.0865% | 1h | 0.06942 | +0.447% | $4.4M | $4.6M | 3x | as long as short |
Bitget NILUSDT
BingX NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Variational Omni NIL
Extended NIL-USD
BloFin NIL-USDT
Hyperliquid NIL