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: MEXC against Bitget−0.043%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1651.651% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now −0.043%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.052% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NILUSDT | 0.07025 | 0.0100 | pay 0.0050% / 4h | 43m 20s | $1.8M | $8.4M | 50x |
| Short | MEXC NIL_USDT | 0.07022 | 0.0100 | get 0.0050% / 4h | 43m 20s | $2.4M | $4.3M | 100x |
Bitget NILUSDT
MEXC NIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.043% → +0.009%
- −$5.2
- Slippage, 4 orders
- −$149.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$170.34
- Costs to cover
- 1.651%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: 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 | 9.20 bp | 28.4 bp −$28 | 191.3 bp −$1,913 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 6.37 bp | 62.5 bp −$62 | 168.1 bp −$1,681 | 301.3 bp −$30.1K | 575.1 bp −$287.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0077% | 4h | 0.07003 | −0.313% | $363K | $126K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.07001 | −0.342% | $23K | $324K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07025 | +0.004% | $5.4M | $75.2M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07036 | +0.157% | $3.9M | $13.9M | 20x | as long as short |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.07022 | −0.043% | $2.4M | $4.3M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07021 | −0.057% | $584K | $711K | 30x | as long as short |
| Bitget NILUSDTlong | +0.0100% | 4h | 0.07025 | long leg | $1.8M | $8.4M | 50x | |
| BingX NIL-USDT | +0.0100% | 4h | 0.07018 | −0.100% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07006 | −0.268% | $180K | $280K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07025 | +0.003% | $19K | $93K | 5x | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate NIL_USDT | +0.0158% | 4h | 0.07013 | −0.171% | $455K | $2.0M | 50x | as long as short |
| Hyperliquid NIL | +0.0803% | 1h | 0.07042 | +0.243% | $4.4M | $4.6M | 3x | as long as short |
Gate NIL_USDT
Hyperliquid NIL