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

NIL

all NIL markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$112
spread now+0.155%7d average−0.095%fees + slippage, in and out−$137spread needed1.367%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NIL_USDT0.064660.0100pay 0.0050% / 4h1h 16m$417K$2.6M50x
ShortBloFin NIL-USDT0.064760.0100get 0.0050% / 4h1h 16m$364K$162K50x

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
$15.47
Funding while held
$0
Slippage, 4 orders
−$109.65
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$121.19
Spread needed to break even
1.367%
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 12 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, 3 min ago13.91 bp47.1 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 12 min ago8.52 bp30.1 bp −$3083.2 bp −$832doesn't fitdoesn't fit

NIL price on every exchange

against the cheapest. Click to use as the short leg.

NIL on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni NIL−0.677%+0.0100%4h$46K$152Kas long as short
KuCoin NILUSDTM−0.093%+0.0100%4h$468K$787K30xas long as short
Aster NILUSDT−0.088%+0.0100%4h$20K$406K5xas long as short
MEXC NIL_USDT−0.031%+0.0100%4h$2.0M$8.3M100xas long as short
Extended NIL-USD−0.012%+0.0104%1h$16K$94K5xas long as short
Gate NIL_USDTlong0.000%+0.0100%4h$417K$2.6M50x
Binance NILUSDT+0.030%+0.0100%4h$5.3M$97.9M50xas long as short
Bitget NILUSDT+0.031%+0.0100%4h$1.7M$10.7M50xas long as short
BingX NIL-USDT+0.031%+0.0100%4h$8.8Mas long as short
Bybit NILUSDT+0.108%+0.0100%4h$3.4M$17.0M20xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin NIL-USDTshort+0.155%+0.0100%4h$364K$162K50x
Hyperliquid NIL+0.346%+0.1288%1h$3.8M$5.3M3xas long as short