Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.111%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1601.601% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.111%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.165% cheaper against Bitget than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NILUSDT | 0.07189 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1.8M | $8.1M | 50x |
| Short | KuCoin NILUSDTM | 0.07181 | 0.0100 | get 0.0050% / 4h | 2h 00m | $546K | $655K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.111% → +0.053%
- −$16.45
- Slippage, 4 orders
- −$136.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$176.56
- Costs to cover
- 1.601%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 38 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 | 7.64 bp | 23.0 bp −$23 | 98.1 bp −$981 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 10.86 bp | 61.4 bp −$61 | 550.6 bp −$5,506 | doesn't fit | doesn't fit |
NIL on 11 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 | 0.07182 | −0.095% | $23K | $339K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07181 | −0.112% | $5.6M | $74.6M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07193 | +0.056% | $4.0M | $13.5M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07185 | −0.056% | $457K | $1.9M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07186 | −0.042% | $2.4M | $4.6M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.07181 | −0.111% | $546K | $655K | 30x | |
| Bitget NILUSDTlong | +0.0100% | 4h | 0.07189 | long leg | $1.8M | $8.1M | 50x | |
| BingX NIL-USDT | +0.0100% | 4h | 0.07188 | −0.014% | — | $8.4M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07178 | −0.155% | $17K | $91K | 5x | as long as short |
| Variational Omni NIL | +0.0291% | 4h | 0.07207 | +0.254% | $197K | $271K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid NIL | +0.2341% | 1h | 0.07204 | +0.203% | $4.5M | $4.5M | 3x | as long as short |
Bitget NILUSDT
KuCoin NILUSDTM
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
BingX NIL-USDT
Extended NIL-USD
Variational Omni NIL
Hyperliquid NIL