Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against Gate+0.087%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1811.814% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.087%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.062% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NIL_USDT | 0.06911 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $441K | $2.0M | 50x |
| Short | KuCoin NILUSDTM | 0.06917 | 0.0100 | get 0.0050% / 4h | 3h 32m | $516K | $671K | 30x |
Gate NIL_USDT
KuCoin NILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- Price spread: +0.087% → +0.025%
- $6.2
- Slippage, 4 orders
- −$154.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$175.19
- Costs to cover
- 1.814%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 22 min ago.
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, 1 min ago | 14.46 bp | 39.9 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 22 min ago | 12.36 bp | 48.9 bp −$49 | 533.7 bp −$5,337 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.06918 | +0.098% | $23K | $341K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06901 | −0.143% | $5.4M | $77.4M | 50x | as long as short |
| Gate NIL_USDTlong | +0.0100% | 4h | 0.06911 | long leg | $441K | $2.0M | 50x | |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06925 | +0.203% | $2.5M | $4.7M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06917 | +0.087% | $516K | $671K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06909 | −0.029% | $1.8M | $8.4M | 50x | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06900 | −0.165% | $19K | $92K | 5x | as long as short |
| BloFin NIL-USDT | +0.0115% | 4h | 0.06908 | −0.043% | $351K | $139K | 50x | as long as short |
| Variational Omni NIL | +0.0264% | 4h | 0.06914 | +0.050% | $177K | $265K | — | as long as short |
| Bybit NILUSDT | +0.0395% | 4h | 0.06910 | −0.014% | $3.8M | $13.8M | 20x | as long as short |
Aster NILUSDT
Binance NILUSDT
MEXC NIL_USDT
Bitget NILUSDT
Extended NIL-USD
BloFin NIL-USDT
Variational Omni NIL
Bybit NILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NIL-USDT | +0.0485% | 4h | 0.06907 | −0.058% | — | $8.5M | — | as long as short |
| Hyperliquid NIL | +0.4507% | 1h | 0.06947 | +0.525% | $4.4M | $4.5M | 3x | as long as short |
BingX NIL-USDT
Hyperliquid NIL