data as of
Settings8H · net · $10k
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Price arb /

NIL

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Spread before costs (cost unknown: a leg has no order-book sample)−0.082%
7d average−0.090%if it closes, per $10,000$8funding while held, a day+$0.00
Long on BybitShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NILUSDT0.064980.0100pay 0.0050% / 4h58m 48s$3.4M$16.9M20x
ShortVariational Omni NIL0.064930.0100get 0.0050% / 4h58m 48s$51K$157K—

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$8.21
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$19.21
Spread needed to break even
0.110%
Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: RFQ quote, 12 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago3.08 bp30.8 bp −$31231.0 bp −$2,310doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 12 min ago10.01 bpdoesn't fit150.2 bp −$1,502doesn't fitdoesn't fit

NIL price on every exchange

against the cheapest. Click to use as the short leg.
BloFin0.06483cheapestKuCoin0.06490+0.108%BingX0.06491+0.123%Binance0.06491+0.124%Gate0.06492+0.139%
Variational Omni0.06493+0.149%
Bitget0.06493+0.154%Extended0.06494+0.169%MEXC0.06495+0.185%Aster0.06496+0.208%
Bybit0.06498+0.231%
Hyperliquid0.06511+0.430%

NIL on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin NIL-USDT−0.231%+0.0042%4h$362K$160K50xas long as short
KuCoin NILUSDTM−0.123%+0.0100%4h$476K$787K30xas long as short
BingX NIL-USDT−0.108%+0.0100%4h—$8.8M—as long as short
Binance NILUSDT−0.107%+0.0100%4h$5.3M$97.1M50xas long as short
Gate NIL_USDT−0.092%+0.0100%4h$420K$2.5M50xas long as short
Variational Omni NILshort−0.082%+0.0100%4h$51K$157K—
Bitget NILUSDT−0.077%+0.0100%4h$1.7M$10.7M50xas long as short
Extended NIL-USD−0.062%+0.0104%1h$16K$94K5xas long as short
MEXC NIL_USDT−0.046%+0.0100%4h$2.0M$7.9M100xas long as short
Aster NILUSDT−0.023%+0.0100%4h$20K$406K5xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit NILUSDTlong0.000%+0.0100%4h$3.4M$16.9M20x
Hyperliquid NIL+0.199%+0.1075%1h$3.8M$5.3M3xas long as short