Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.080%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.080%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.075% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIL_USDT | 0.07193 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $2.4M | $4.6M | 100x |
| Short | Binance NILUSDT | 0.07187 | 0.0100 | get 0.0050% / 4h | 2h 00m | $5.6M | $74.6M | 50x |
MEXC NIL_USDT
Binance NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: −0.080% → −0.005%
- −$7.45
- Slippage, 4 orders
- −$86.83
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$108.28
- Costs to cover
- 1.008%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 12 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 MEXC live order book, 2 min ago | 4.18 bp | 19.4 bp −$19 | 105.4 bp −$1,054 | 294.1 bp −$29.4K | 608.1 bp −$304.1K |
| Sell Binance live order book, 12 min ago | 1.41 bp | 22.3 bp −$22 | 132.2 bp −$1,322 | doesn't fit | doesn't fit |
NIL on 11 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 | 0.07179 | −0.192% | $23K | $339K | 5x | as long as short |
| Binance NILUSDTshort | +0.0100% | 4h | 0.07187 | −0.080% | $5.6M | $74.6M | 50x | |
| Bybit NILUSDT | +0.0100% | 4h | 0.07191 | −0.028% | $4.0M | $13.5M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07186 | −0.097% | $457K | $1.9M | 50x | as long as short |
| MEXC NIL_USDTlong | +0.0100% | 4h | 0.07193 | long leg | $2.4M | $4.6M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07188 | −0.070% | $546K | $655K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07179 | −0.195% | $1.8M | $8.1M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07187 | −0.083% | — | $8.4M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07177 | −0.218% | $17K | $91K | 5x | as long as short |
| Variational Omni NIL | +0.0291% | 4h | 0.07207 | +0.198% | $197K | $271K | — | as long as short |
Aster NILUSDT
Bybit NILUSDT
Gate NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USD
Variational Omni NILShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid NIL | +0.2341% | 1h | 0.07204 | +0.147% | $4.5M | $4.5M | 3x | as long as short |
Hyperliquid NIL