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: MEXC against KuCoin−0.028%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2212.214% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.028%, 7d avg −0.048%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NILUSDTM | 0.07047 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $548K | $692K | 30x |
| Short | MEXC NIL_USDT | 0.07045 | 0.0100 | get 0.0050% / 4h | 2h 05m | $2.2M | $4.0M | 100x |
KuCoin NILUSDTM
MEXC NIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.028% → −0.048%
- $1.96
- Slippage, 4 orders
- −$205.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$219.42
- Costs to cover
- 2.214%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 64 min ago; MEXC: live order book, 2 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, 64 min ago | 20.89 bp | 70.5 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 7.80 bp | 47.1 bp −$47 | 139.8 bp −$1,398 | 276.9 bp −$27.7K | 542.2 bp −$271.1K |
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 | 0.07047 | +0.002% | $23K | $320K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07043 | −0.056% | $5.5M | $70.1M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07061 | +0.199% | $3.9M | $13.2M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07047 | 0.000% | $438K | $1.9M | 50x | as long as short |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.07045 | −0.028% | $2.2M | $4.0M | 100x | |
| KuCoin NILUSDTMlong | +0.0100% | 4h | 0.07047 | long leg | $548K | $692K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.07050 | +0.043% | $2.0M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07051 | +0.057% | — | $8.3M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07089 | +0.600% | $181K | $244K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07041 | −0.089% | $17K | $190K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate 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 | +0.0116% | 4h | 0.07077 | +0.426% | $355K | $110K | 50x | as long as short |
| Hyperliquid NIL | +0.1260% | 1h | 0.07064 | +0.241% | $4.4M | $4.8M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL