After costs, if the gap returns to its 7d average, $10k−$152
spread now+0.078%7d average+0.041%fees + slippage, in and out−$155spread needed1.552%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NILUSDTM | 0.06444 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $444K | $782K | 30x |
| Short | Bybit NILUSDT | 0.06449 | 0.0100 | get 0.0050% / 4h | 1h 27m | $3.4M | $17.0M | 20x |
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
- $7.76
- Funding while held
- $0
- Slippage, 4 orders
- −$132.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$147.48
- Spread needed to break even
- 1.552%
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 3 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, 4 min ago | 17.88 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.66 bp | 33.8 bp −$34 | 147.8 bp −$1,478 | 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 | |
|---|---|---|---|---|---|---|---|
| MEXC NIL_USDT | −0.062% | +0.0100% | 4h | $2.0M | $8.3M | 100x | as long as short |
| Variational Omni NIL | −0.027% | +0.0100% | 4h | $46K | $159K | — | as long as short |
| Aster NILUSDT | −0.026% | +0.0100% | 4h | $20K | $406K | 5x | as long as short |
| Gate NIL_USDT | −0.016% | +0.0100% | 4h | $417K | $2.6M | 50x | as long as short |
| KuCoin NILUSDTMlong | 0.000% | +0.0100% | 4h | $444K | $782K | 30x | |
| BloFin NIL-USDT | +0.047% | +0.0097% | 4h | $364K | $161K | 50x | as long as short |
| BingX NIL-USDT | +0.062% | +0.0100% | 4h | — | $8.8M | — | as long as short |
| Bybit NILUSDTshort | +0.078% | +0.0100% | 4h | $3.4M | $17.0M | 20x | |
| Binance NILUSDT | +0.082% | +0.0100% | 4h | $5.3M | $98.0M | 50x | as long as short |
| Extended NIL-USD | +0.111% | +0.0104% | 1h | $16K | $94K | 5x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget NILUSDT | +0.202% | +0.0100% | 4h | $1.7M | $10.7M | 50x | as long as short |
| Hyperliquid NIL | +0.408% | +0.1224% | 1h | $3.7M | $5.4M | 3x | as long as short |
KuCoin NILUSDTM
Bybit NILUSDT
MEXC
Variational Omni
Aster
Gate
BloFin
BingX
Binance
Extended
Bitget
Hyperliquid