Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit+0.042%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1481.483% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.042%, 7d avg −0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.096% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NILUSDT | 0.07137 | 0.0100 | pay 0.0050% / 4h | 3h 00m | $3.9M | $13.6M | 20x |
| Short | BingX NIL-USDT | 0.07140 | 0.0100 | get 0.0050% / 4h | 3h 00m | — | $8.4M | — |
Bybit NILUSDT
BingX NIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: +0.042% → −0.054%
- $9.56
- Slippage, 4 orders
- −$127.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$138.75
- Costs to cover
- 1.483%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 8 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 Bybit live order book, 3 min ago | 4.33 bp | 45.3 bp −$45 | 280.3 bp −$2,803 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 6.50 bp | 34.3 bp −$34 | 96.8 bp −$968 | 428.5 bp −$42.8K | 743.7 bp −$371.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.07126 | −0.157% | $23K | $318K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07147 | +0.140% | $5.4M | $72.9M | 50x | as long as short |
| Bybit NILUSDTlong | +0.0100% | 4h | 0.07137 | long leg | $3.9M | $13.6M | 20x | |
| Gate NIL_USDT | +0.0100% | 4h | 0.07129 | −0.112% | $458K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07096 | −0.574% | $2.2M | $4.2M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07113 | −0.336% | $599K | $688K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07111 | −0.364% | $1.9M | $8.5M | 50x | as long as short |
| BingX NIL-USDTshort | +0.0100% | 4h | 0.07140 | +0.042% | — | $8.4M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06992 | −2.035% | $179K | $264K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07135 | −0.031% | $22K | $185K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
Variational Omni NIL
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0114% | 4h | 0.06962 | −2.452% | $343K | $123K | 50x | as long as short |
| Hyperliquid NIL | +0.1157% | 1h | 0.07165 | +0.394% | $4.5M | $4.7M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL