After costs, if the gap returns to its 7d average, $10k−$133
spread now+0.077%7d average−0.062%fees + slippage, in and out−$147spread needed1.474%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NILUSDTM | 0.06463 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $468K | $787K | 30x |
| Short | Bitget NILUSDT | 0.06468 | 0.0100 | get 0.0050% / 4h | 1h 15m | $1.7M | $10.7M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $7.74
- Funding while held
- $0
- Slippage, 4 orders
- −$123.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$139.67
- Spread needed to break even
- 1.474%
Slippage from KuCoin: live order book, 15 min ago; Bitget: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 15 min ago | 17.88 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 7.77 bp | 29.2 bp −$29 | 134.8 bp −$1,348 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NIL | −0.631% | +0.0100% | 4h | $46K | $152K | — | as long as short |
| Aster NILUSDT | −0.039% | +0.0100% | 4h | $20K | $406K | 5x | as long as short |
| Gate NIL_USDT | 0.000% | +0.0100% | 4h | $417K | $2.6M | 50x | as long as short |
| KuCoin NILUSDTMlong | 0.000% | +0.0100% | 4h | $468K | $787K | 30x | |
| MEXC NIL_USDT | +0.062% | +0.0100% | 4h | $2.0M | $8.3M | 100x | as long as short |
| Binance NILUSDT | +0.077% | +0.0100% | 4h | $5.3M | $97.9M | 50x | as long as short |
| Bitget NILUSDTshort | +0.077% | +0.0100% | 4h | $1.7M | $10.7M | 50x | |
| BingX NIL-USDT | +0.093% | +0.0100% | 4h | — | $8.8M | — | as long as short |
| Extended NIL-USD | +0.119% | +0.0104% | 1h | $16K | $94K | 5x | as long as short |
| Bybit NILUSDT | +0.186% | +0.0100% | 4h | $3.4M | $17.0M | 20x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.201% | +0.0100% | 4h | $364K | $162K | 50x | as long as short |
| Hyperliquid NIL | +0.401% | +0.1291% | 1h | $3.8M | $5.3M | 3x | as long as short |
KuCoin NILUSDTM
Bitget NILUSDT
Variational Omni
Aster
Gate
MEXC
Binance
BingX
Extended
Bybit
BloFin
Hyperliquid