Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Gate−0.148%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1741.738% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.148%, 7d avg −0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.094% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NIL_USDT | 0.06760 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $433K | $1.9M | 50x |
| Short | MEXC NIL_USDT | 0.06750 | 0.0100 | get 0.0050% / 4h | 3h 51m | $2.2M | $4.2M | 100x |
Gate NIL_USDT
MEXC NIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.148% → −0.054%
- −$9.43
- Slippage, 4 orders
- −$154.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$183.28
- Costs to cover
- 1.738%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 1 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 | 11.79 bp | 39.9 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 14.79 bp | 50.5 bp −$50 | 163.7 bp −$1,637 | 301.2 bp −$30.1K | 572.8 bp −$286.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0091% | 4h | 0.06782 | +0.325% | $349K | $121K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06767 | +0.103% | $22K | $314K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06754 | −0.089% | $5.2M | $73.9M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06763 | +0.044% | $3.7M | $13.7M | 20x | as long as short |
| Gate NIL_USDTlong | +0.0100% | 4h | 0.06760 | long leg | $433K | $1.9M | 50x | |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.06750 | −0.148% | $2.2M | $4.2M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06774 | +0.207% | $569K | $700K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06756 | −0.059% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06755 | −0.074% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06778 | +0.271% | $174K | $269K | — | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NIL-USD | +0.0104% | 1h | 0.06765 | +0.080% | $20K | $93K | 5x | as long as short |
| Hyperliquid NIL | +0.0716% | 1h | 0.06767 | +0.107% | $4.3M | $4.7M | 3x | as long as short |
Extended NIL-USD
Hyperliquid NIL