After costs, if the gap returns to its 7d average, $10k−$120
spread now+0.160%7d average+0.011%fees + slippage, in and out−$135spread needed1.345%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIL_USDT | 0.06237 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $1.8M | $8.4M | 100x |
| Short | Bitget NILUSDT | 0.06247 | 0.0100 | get 0.0050% / 4h | 2h 24m | $1.6M | $10.8M | 50x |
MEXC NIL_USDT
Bitget NILUSDTPrice 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
- $16.03
- Funding while held
- $0
- Slippage, 4 orders
- −$118.54
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$118.51
- Spread needed to break even
- 1.345%
Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, just now.
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 MEXC live order book, 5 min ago | 11.98 bp | 43.2 bp −$43 | 126.3 bp −$1,263 | 300.4 bp −$30.0K | 575.0 bp −$287.5K |
| Sell Bitget live order book, just now | 7.21 bp | 33.2 bp −$33 | 124.4 bp −$1,244 | doesn't fit | doesn't fit |
NIL price on every exchange
against the cheapest. Click to use as the short leg.
Binance
Extended
Bybit
BingX
KuCoin
Gate
Aster
BloFin
Hyperliquid
Variational OmniNIL on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance NILUSDT | −0.032% | +0.0100% | 4h | $5.2M | $100.2M | 50x | as long as short |
| Extended NIL-USD | −0.027% | +0.0104% | 1h | $15K | $94K | 5x | as long as short |
| MEXC NIL_USDTlong | 0.000% | +0.0100% | 4h | $1.8M | $8.4M | 100x | |
| Bybit NILUSDT | +0.112% | +0.0100% | 4h | $3.2M | $17.9M | 20x | as long as short |
| Bitget NILUSDTshort | +0.160% | +0.0100% | 4h | $1.6M | $10.8M | 50x | |
| BingX NIL-USDT | +0.160% | +0.0100% | 4h | — | $8.8M | — | as long as short |
| KuCoin NILUSDTM | +0.176% | +0.0100% | 4h | $401K | $792K | 30x | as long as short |
| Gate NIL_USDT | +0.257% | +0.0100% | 4h | $407K | $2.6M | 50x | as long as short |
| Aster NILUSDT | +0.287% | +0.0100% | 4h | $20K | $410K | 5x | as long as short |
| BloFin NIL-USDT | +0.305% | +0.0080% | 4h | $379K | $158K | 50x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid NIL | +0.346% | +0.0995% | 1h | $3.6M | $5.8M | 3x | as long as short |
| Variational Omni NIL | +0.398% | +0.0100% | 4h | $44K | $164K | — | as long as short |