data as of
Settings8H · net · $10k
Price arb /

NIL

all NIL markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.002%
7d average+0.008%if it closes, per $10,000$0funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NIL0.062790.0100pay 0.0050% / 4h1h 57m$44K$164K
ShortAster NILUSDT0.062790.0100get 0.0050% / 4h1h 57m$19K$406K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$0.18
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$7.82
Spread needed to break even
0.080%
Slippage unknown: Variational Omni: RFQ quote, 18 min ago; Aster: live order book, 52 min ago. Net counts fees only.

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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 18 min ago6.34 bpdoesn't fit213.9 bp −$2,139doesn't fitdoesn't fit
Sell Aster live order book, 52 min ago19.47 bp143.4 bp −$143doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin NIL-USDT−0.392%+0.0108%4h$362K$157K50xas long as short
MEXC NIL_USDT−0.248%+0.0100%4h$1.9M$8.3M100xas long as short
Binance NILUSDT−0.169%+0.0100%4h$5.2M$99.3M50xas long as short
Extended NIL-USD−0.141%+0.0104%1h$15K$94K5xas long as short
BingX NIL-USDT−0.121%+0.0100%4h$8.8Mas long as short
KuCoin NILUSDTM−0.089%+0.0100%4h$431K$793K30xas long as short
Bitget NILUSDT−0.073%+0.0100%4h$1.6M$10.8M50xas long as short
Bybit NILUSDT−0.009%+0.0100%4h$3.2M$17.2M20xas long as short
Variational Omni NILlong0.000%+0.0100%4h$44K$164K
Aster NILUSDTshort+0.002%+0.0100%4h$19K$406K5x
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate NIL_USDT+0.038%+0.0100%4h$409K$2.5M50xas long as short
Hyperliquid NIL+0.233%+0.0828%1h$3.6M$5.9M3xas long as short