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

NIL

all NIL markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$191
spread now−0.271%7d average−0.037%fees + slippage, in and out−$168spread needed1.678%
Long on GateShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NIL_USDT0.062810.0100pay 0.0050% / 4h1h 58m$409K$2.5M50x
ShortBinance NILUSDT0.062640.0100get 0.0050% / 4h1h 58m$5.1M$99.4M50x

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
−$27.07
Funding while held
$0
Slippage, 4 orders
−$142.83
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$194.9
Spread needed to break even
1.678%
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 1 min ago.

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 Gate live order book, 1 min ago15.14 bp47.9 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 1 min ago0.80 bp38.7 bp −$39138.8 bp −$1,388doesn't fitdoesn't fit

NIL price on every exchange

against the cheapest. Click to use as the short leg.
BloFin0.06251cheapestMEXC0.06255+0.064%
Binance0.06264+0.208%
Extended0.06266+0.235%BingX0.06266+0.240%Bitget0.06268+0.272%Bybit0.06274+0.368%KuCoin0.06274+0.368%Aster0.06278+0.439%Variational Omni0.06279+0.441%Hyperliquid0.06280+0.466%
Gate0.06281+0.480%

NIL on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin NIL-USDT−0.478%+0.0138%4h$362K$158K50xas long as short
MEXC NIL_USDT−0.414%+0.0100%4h$1.9M$8.3M100xas long as short
Binance NILUSDTshort−0.271%+0.0100%4h$5.1M$99.4M50x
Extended NIL-USD−0.244%+0.0104%1h$15K$94K5xas long as short
BingX NIL-USDT−0.239%+0.0100%4h—$8.8M—as long as short
Bitget NILUSDT−0.207%+0.0100%4h$1.6M$10.8M50xas long as short
Bybit NILUSDT−0.111%+0.0100%4h$3.2M$17.2M20xas long as short
KuCoin NILUSDTM−0.111%+0.0100%4h$431K$793K30xas long as short
Aster NILUSDT−0.040%+0.0100%4h$19K$406K5xas long as short
Variational Omni NIL−0.038%+0.0100%4h$44K$164K—as long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid NIL−0.014%+0.0727%1h$3.6M$5.9M3xas long as short
Gate NIL_USDTlong0.000%+0.0100%4h$409K$2.5M50x