After costs, if the gap returns to its 7d average, $10k−$131
spread now+0.046%7d average−0.027%fees + slippage, in and out−$139spread needed1.386%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NIL_USDT | 0.06466 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $417K | $2.6M | 50x |
| Short | BingX NIL-USDT | 0.06469 | 0.0100 | get 0.0050% / 4h | 1h 16m | — | $8.8M | — |
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
- $4.64
- Funding while held
- $0
- Slippage, 4 orders
- −$113.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$134.01
- Spread needed to break even
- 1.386%
Slippage from Gate: live order book, 3 min ago; BingX: live order book, 13 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 3 min ago | 13.91 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 4.67 bp | 27.9 bp −$28 | 100.1 bp −$1,001 | 489.4 bp −$48.9K | 812.3 bp −$406.1K |
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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni NIL | −0.677% | +0.0100% | 4h | $46K | $152K | — | as long as short |
| Aster NILUSDT | −0.080% | +0.0100% | 4h | $20K | $406K | 5x | as long as short |
| KuCoin NILUSDTM | −0.077% | +0.0100% | 4h | $468K | $787K | 30x | as long as short |
| MEXC NIL_USDT | −0.015% | +0.0100% | 4h | $2.0M | $8.3M | 100x | as long as short |
| Gate NIL_USDTlong | 0.000% | +0.0100% | 4h | $417K | $2.6M | 50x | |
| Bitget NILUSDT | +0.031% | +0.0100% | 4h | $1.7M | $10.7M | 50x | as long as short |
| Binance NILUSDT | +0.046% | +0.0100% | 4h | $5.3M | $97.9M | 50x | as long as short |
| BingX NIL-USDTshort | +0.046% | +0.0100% | 4h | — | $8.8M | — | |
| Extended NIL-USD | +0.052% | +0.0104% | 1h | $16K | $94K | 5x | as long as short |
| Bybit NILUSDT | +0.108% | +0.0100% | 4h | $3.4M | $17.0M | 20x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.155% | +0.0100% | 4h | $364K | $162K | 50x | as long as short |
| Hyperliquid NIL | +0.354% | +0.1290% | 1h | $3.8M | $5.3M | 3x | as long as short |
Gate NIL_USDT
BingX NIL-USDT
Variational Omni
Aster
KuCoin
MEXC
Bitget
Binance
Extended
Bybit
BloFin
Hyperliquid