Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against KuCoin−0.106%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2152.147% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.106%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.081% cheaper against KuCoin than usual: you would sell low and buy high, −$8 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 | KuCoin NILUSDTM | 0.07545 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $630K | $575K | 30x |
| Short | Gate NIL_USDT | 0.07537 | 0.0100 | get 0.0050% / 4h | 3h 34m | $466K | $1.4M | 50x |
KuCoin NILUSDTM
Gate NIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.106% → −0.025%
- −$8.08
- Slippage, 4 orders
- −$187.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$222.81
- Costs to cover
- 2.147%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Gate: 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, 10 min ago | 12.64 bp | 62.9 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 10.59 bp | 37.9 bp −$38 | 245.5 bp −$2,455 | 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 | 0.07533 | −0.161% | $31K | $243K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07532 | −0.174% | $5.8M | $48.7M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07547 | +0.027% | $4.2M | $10.1M | 20x | as long as short |
| Gate NIL_USDTshort | +0.0100% | 4h | 0.07537 | −0.106% | $466K | $1.4M | 50x | |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07536 | −0.119% | $2.5M | $3.0M | 100x | as long as short |
| KuCoin NILUSDTMlong | +0.0100% | 4h | 0.07545 | long leg | $630K | $575K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.07541 | −0.053% | $2.1M | $6.0M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07540 | −0.066% | — | $8.1M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07548 | +0.037% | $185K | $249K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07533 | −0.155% | $20K | $194K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
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 | +0.0123% | 4h | 0.07560 | +0.199% | $374K | $79K | 50x | as long as short |
| Hyperliquid NIL | +0.1758% | 1h | 0.07550 | +0.066% | $5.0M | $4.5M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL