Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.084% dearer against Extended than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NIL-USD | 0.06920 | 0.0104 | pay 0.0013% / 1h | 35m 40s | $17K | $96K | 5x |
| Short | Binance NILUSDT | 0.06926 | 0.0100 | get 0.0050% / 4h | 1h 35m | $5.4M | $75.8M | 50x |
Extended NIL-USD
Binance NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.84
- Price spread: +0.084% → 0.000%
- $8.42
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$7.42
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Binance: live order book, 7 min ago. Net counts fees only.
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 Binance live order book, 7 min ago | 2.10 bp | 36.1 bp −$36 | 161.3 bp −$1,613 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0043% | 4h | 0.06898 | −0.320% | $369K | $124K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06931 | +0.155% | $23K | $347K | 5x | as long as short |
| Binance NILUSDTshort | +0.0100% | 4h | 0.06926 | +0.084% | $5.4M | $75.8M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.06939 | +0.272% | $3.8M | $13.9M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06932 | +0.171% | $438K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06922 | +0.026% | $2.3M | $4.4M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06929 | +0.128% | $578K | $701K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06923 | +0.041% | $1.8M | $8.3M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06914 | −0.089% | — | $8.5M | — | as long as short |
| Extended NIL-USDlong | +0.0104% | 1h | 0.06920 | long leg | $17K | $96K | 5x |
BloFin NIL-USDT
Aster NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NIL | +0.0260% | 4h | 0.06952 | +0.462% | $179K | $283K | — | as long as short |
| Hyperliquid NIL | +0.1683% | 1h | 0.06930 | +0.139% | $4.3M | $4.5M | 3x | as long as short |
Variational Omni NIL
Hyperliquid NIL