Funding you earn now, next payment 00:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.28 per $10,000 · paid last 24h −0.008%
Price spread now: BingX against BloFin+0.060%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1031.032% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 3 days (all we have)+0.183%+$18 · spread now +0.060%, 7d avg +0.069%
=The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NIL-USDT | 0.06716 | 0.0045 | pay 0.0022% / 4h | 1h 20m | $352K | $148K | 50x |
| Short | BingX NIL-USDT | 0.06720 | 0.0100 | get 0.0050% / 4h | 1h 20m | — | $8.6M | — |
BloFin NIL-USDT
BingX NIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $11.58
- Price spread: +0.060% → +0.069%
- −$0.99
- Slippage, 4 orders
- −$81.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$92.66
- Costs to cover
- 1.032%
- Break-even
- 63.0 days
Slippage from BloFin: live order book, 59 min ago; BingX: live order book, 7 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 BloFin live order book, 59 min ago | 5.18 bp | 25.4 bp −$25 | 93.2 bp −$932 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 5.23 bp | 27.7 bp −$28 | 95.3 bp −$953 | 383.3 bp −$38.3K | 649.1 bp −$324.6K |
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-USDTlong | +0.0045% | 4h | 0.06716 | long leg | $352K | $148K | 50x | |
| Aster NILUSDT | +0.0100% | 4h | 0.06718 | +0.025% | $20K | $368K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06718 | +0.033% | $5.2M | $81.6M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06728 | +0.179% | $3.5M | $14.2M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06721 | +0.074% | $428K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06712 | −0.060% | $2.4M | $5.3M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06722 | +0.089% | $490K | $716K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06724 | +0.119% | $1.7M | $9.0M | 50x | as long as short |
| BingX NIL-USDTshort | +0.0100% | 4h | 0.06720 | +0.060% | — | $8.6M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06728 | +0.181% | $50K | $141K | — | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NIL-USD | +0.0104% | 1h | 0.06715 | −0.007% | $16K | $94K | 5x | as long as short |
| Hyperliquid NIL | +0.1214% | 1h | 0.06735 | +0.284% | $4.0M | $4.6M | 3x | as long as short |
Extended NIL-USD
Hyperliquid NIL