After costs, if the gap returns to its 7d average, $10k−$141
spread now−0.147%7d average+0.321%fees + slippage, in and out−$94spread needed0.938%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NIL-USDT | 0.06538 | 0.0040 | pay 0.0020% / 4h | 18m 36s | $416K | $162K | 50x |
| Short | Hyperliquid NIL | 0.06528 | 0.0655 | get 0.0082% / 1h | 18m 36s | $3.6M | $5.4M | 3x |
BloFin NIL-USDT
Hyperliquid NILPrice 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
- −$14.68
- Funding while held
- $18.46
- Slippage, 4 orders
- −$72.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$90
- Spread needed to break even
- 0.938%
Slippage from BloFin: live order book, 25 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0615%
- Per $10,000 a day
- +$18.46
- 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, 25 min ago | 10.50 bp | 23.6 bp −$24 | 59.4 bp −$594 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 3.08 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
NIL price on every exchange
against the cheapest. Click to use as the short leg.
Extended
Binance
Bitget
BingX
MEXC
Bybit
KuCoin
Aster
Gate
Variational OmniNIL on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended NIL-USD | −0.480% | +0.0104% | 1h | $16K | $94K | 5x | as long as short |
| Binance NILUSDT | −0.466% | +0.0100% | 4h | $5.7M | $97.2M | 50x | as long as short |
| Bitget NILUSDT | −0.444% | +0.0100% | 4h | $1.7M | $10.3M | 50x | as long as short |
| BingX NIL-USDT | −0.382% | +0.0100% | 4h | — | $8.4M | — | as long as short |
| MEXC NIL_USDT | −0.367% | +0.0100% | 4h | $2.2M | $8.2M | 100x | as long as short |
| Bybit NILUSDT | −0.260% | +0.0100% | 4h | $3.5M | $17.0M | 20x | as long as short |
| KuCoin NILUSDTM | −0.214% | +0.0100% | 4h | $391K | $729K | 30x | as long as short |
| Aster NILUSDT | −0.214% | +0.0100% | 4h | $27K | $406K | 5x | as long as short |
| Gate NIL_USDT | −0.184% | +0.0100% | 4h | $427K | $2.6M | 50x | as long as short |
| Hyperliquid NILshort | −0.147% | +0.0655% | 1h | $3.6M | $5.4M | 3x |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin NIL-USDTlong | 0.000% | +0.0040% | 4h | $416K | $162K | 50x | |
| Variational Omni NIL | +1.054% | +0.0100% | 4h | $48K | $163K | — | as long as short |