Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.195%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−0.021%−$2 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: KuCoin is 0.195% dearer against Extended than usual: you sell high and buy low, +$19 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 | 0.06827 | 0.0104 | pay 0.0013% / 1h | 19m 19s | $16K | $94K | 5x |
| Short | KuCoin NILUSDTM | 0.06840 | 0.0100 | get 0.0050% / 4h | 19m 19s | $512K | $687K | 30x |
Extended NIL-USD
KuCoin NILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.195% → 0.000%
- $19.48
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $1.64
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Extended: no order-book sample; KuCoin: live order book, 44 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 KuCoin live order book, 44 min ago | 11.57 bp | 53.5 bp −$54 | 505.1 bp −$5,051 | 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 | +0.0056% | 4h | 0.06840 | +0.195% | $348K | $144K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06848 | +0.306% | $20K | $361K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06828 | +0.019% | $5.3M | $79.3M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06838 | +0.165% | $3.8M | $14.1M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06830 | +0.048% | $439K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06828 | +0.019% | $2.4M | $5.0M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06840 | +0.195% | $512K | $687K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06829 | +0.034% | $1.8M | $8.6M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06836 | +0.136% | — | $8.6M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06847 | +0.291% | $175K | $266K | — | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NIL-USDlong | +0.0104% | 1h | 0.06827 | long leg | $16K | $94K | 5x | |
| Hyperliquid NIL | +0.1559% | 1h | 0.06866 | +0.573% | $4.1M | $4.5M | 3x | as long as short |
Hyperliquid NIL