After costs, if the gap returns to its 7d average, $10k−$468
spread now−3.188%7d average+0.090%fees + slippage, in and out−$140spread needed1.401%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NIL-USDT | 0.06367 | 0.0083 | pay 0.0042% / 4h | 2h 34m | $388K | $161K | 50x |
| Short | Gate NIL_USDT | 0.06164 | 0.0100 | get 0.0050% / 4h | 2h 34m | $406K | $2.6M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$318.83
- Funding while held
- $0.51
- Slippage, 4 orders
- −$113.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$458.4
- Spread needed to break even
- 1.401%
Slippage from BloFin: live order book, 63 min ago; Gate: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0017%
- Per $10,000 a day
- +$0.51
- Average in range /8h
- —
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, 63 min ago | 3.06 bp | 21.9 bp −$22 | 72.6 bp −$726 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 10.20 bp | 49.6 bp −$50 | 332.6 bp −$3,326 | doesn't fit | doesn't fit |
NIL price on every exchange
against the cheapest. Click to use as the short leg.NIL on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX NIL-USDT | −3.597% | +0.0100% | 4h | — | $8.7M | — | as long as short |
| Binance NILUSDT | −3.534% | +0.0100% | 4h | $5.2M | $100.6M | 50x | as long as short |
| Bybit NILUSDT | −3.408% | +0.0100% | 4h | $3.2M | $17.9M | 20x | as long as short |
| MEXC NIL_USDT | −3.377% | +0.0100% | 4h | $1.9M | $8.4M | 100x | as long as short |
| Bitget NILUSDT | −3.361% | +0.0100% | 4h | $1.6M | $10.8M | 50x | as long as short |
| Extended NIL-USD | −3.312% | +0.0104% | 1h | $15K | $94K | 5x | as long as short |
| KuCoin NILUSDTM | −3.267% | +0.0100% | 4h | $401K | $788K | 30x | as long as short |
| Gate NIL_USDTshort | −3.188% | +0.0100% | 4h | $406K | $2.6M | 50x | |
| Hyperliquid NIL | −2.953% | +0.0873% | 1h | $3.6M | $5.8M | 3x | as long as short |
| Aster NILUSDT | −1.638% | +0.0100% | 4h | $20K | $411K | 5x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin NIL-USDTlong | 0.000% | +0.0083% | 4h | $388K | $161K | 50x | |
| Variational Omni NIL | +0.102% | +0.0100% | 4h | $46K | $163K | — | as long as short |
BloFin NIL-USDT
Gate NIL_USDT
BingX
Binance
Bybit
MEXC
Bitget
Extended
KuCoin
Hyperliquid
Aster
Variational Omni