data as of
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Price arb /

NIL

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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−$129
spread now+0.165%7d average+0.227%fees + slippage, in and out−$122spread needed1.225%
Long on GateShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NIL_USDT0.064820.0100pay 0.0050% / 4h59m 55s$420K$2.6M50x
ShortHyperliquid NIL0.064930.1273get 0.0159% / 1h59m 55s$3.8M$5.3M3x

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
$16.51
Funding while held
$35.2
Slippage, 4 orders
−$98.46
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$70.76
Spread needed to break even
1.225%
Slippage from Gate: live order book, 4 min ago; Hyperliquid: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.1173%
Per $10,000 a day
+$35.20
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, 4 min ago10.01 bp38.8 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago2.84 bp19.4 bp −$19doesn't fitdoesn't fitdoesn't fit

NIL price on every exchange

against the cheapest. Click to use as the short leg.
Extended0.06476cheapestKuCoin0.06480+0.056%Binance0.06481+0.071%
Gate0.06482+0.087%
Aster0.06482+0.092%Bitget0.06484+0.118%Bybit0.06485+0.133%BingX0.06487+0.164%MEXC0.06490+0.210%Variational Omni0.06493+0.251%
Hyperliquid0.06493+0.252%
BloFin0.06495+0.287%

NIL on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended NIL-USD−0.087%+0.0104%1h$16K$94K5xas long as short
KuCoin NILUSDTM−0.031%+0.0100%4h$475K$787K30xas long as short
Binance NILUSDT−0.015%+0.0100%4h$5.3M$97.1M50xas long as short
Gate NIL_USDTlong0.000%+0.0100%4h$420K$2.6M50x
Aster NILUSDT+0.005%+0.0100%4h$20K$406K5xas long as short
Bitget NILUSDT+0.031%+0.0100%4h$1.7M$10.7M50xas long as short
Bybit NILUSDT+0.046%+0.0100%4h$3.4M$16.9M20xas long as short
BingX NIL-USDT+0.077%+0.0100%4h—$8.8M—as long as short
MEXC NIL_USDT+0.123%+0.0100%4h$2.0M$8.3M100xas long as short
Variational Omni NIL+0.164%+0.0100%4h$51K$157K—as long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid NILshort+0.165%+0.1273%1h$3.8M$5.3M3x
BloFin NIL-USDT+0.201%+0.0090%4h$364K$160K50xas long as short