Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.044%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1651.649% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.044%, 7d avg −0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.100% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NILUSDTM | 0.06896 | 0.0100 | pay 0.0050% / 4h | 3h 24m | $580K | $691K | 30x |
| Short | Binance NILUSDT | 0.06899 | 0.0100 | get 0.0050% / 4h | 3h 24m | $5.2M | $73.4M | 50x |
KuCoin NILUSDTM
Binance NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.044% → −0.057%
- $10
- Slippage, 4 orders
- −$142.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$154.88
- Costs to cover
- 1.649%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 50 min ago; Binance: live order book, 3 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 KuCoin live order book, 50 min ago | 14.98 bp | 60.0 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.73 bp | 26.9 bp −$27 | 130.8 bp −$1,308 | 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 | 0.06897 | +0.017% | $22K | $314K | 5x | as long as short |
| Binance NILUSDTshort | +0.0100% | 4h | 0.06899 | +0.044% | $5.2M | $73.4M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.06911 | +0.218% | $3.7M | $13.6M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06887 | −0.131% | $438K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06904 | +0.116% | $2.2M | $4.2M | 100x | as long as short |
| KuCoin NILUSDTMlong | +0.0100% | 4h | 0.06896 | long leg | $580K | $691K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06906 | +0.145% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06887 | −0.131% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06908 | +0.177% | $177K | $264K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06893 | −0.042% | $21K | $91K | 5x | as long as short |
Aster NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0158% | 4h | 0.06908 | +0.174% | $343K | $124K | 50x | as long as short |
| Hyperliquid NIL | +0.0983% | 1h | 0.06919 | +0.329% | $4.3M | $4.7M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL