Spread before costs (cost unknown: a leg has no order-book sample)+0.143%
7d average—if it closes, per $10,000$14funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NIL-USD | 0.06270 | 0.0104 | pay 0.0013% / 1h | 57m 07s | $15K | $94K | 5x |
| Short | Aster NILUSDT | 0.06279 | 0.0100 | get 0.0050% / 4h | 1h 57m | $19K | $406K | 5x |
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
- $14.33
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $1.21
- Spread needed to break even
- 0.130%
Slippage unknown: Extended: no order-book sample; Aster: live order book, 52 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Extended no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 52 min ago | 19.47 bp | 143.4 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | −0.251% | +0.0108% | 4h | $362K | $157K | 50x | as long as short |
| MEXC NIL_USDT | −0.107% | +0.0100% | 4h | $1.9M | $8.3M | 100x | as long as short |
| Binance NILUSDT | −0.027% | +0.0100% | 4h | $5.2M | $99.3M | 50x | as long as short |
| Extended NIL-USDlong | 0.000% | +0.0104% | 1h | $15K | $94K | 5x | |
| BingX NIL-USDT | +0.020% | +0.0100% | 4h | — | $8.8M | — | as long as short |
| KuCoin NILUSDTM | +0.052% | +0.0100% | 4h | $431K | $793K | 30x | as long as short |
| Bitget NILUSDT | +0.068% | +0.0100% | 4h | $1.6M | $10.8M | 50x | as long as short |
| Bybit NILUSDT | +0.132% | +0.0100% | 4h | $3.2M | $17.2M | 20x | as long as short |
| Variational Omni NIL | +0.142% | +0.0100% | 4h | $44K | $164K | — | as long as short |
| Aster NILUSDTshort | +0.143% | +0.0100% | 4h | $19K | $406K | 5x |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate NIL_USDT | +0.180% | +0.0100% | 4h | $409K | $2.5M | 50x | as long as short |
| Hyperliquid NIL | +0.374% | +0.0828% | 1h | $3.6M | $5.9M | 3x | as long as short |
Extended NIL-USD
Aster NILUSDT
BloFin
MEXC
Binance
BingX
KuCoin
Bitget
Bybit
Variational Omni
Gate
Hyperliquid