Funding you earn now, next payment 04:00 UTC+0.0298%/8h= +32.6% APRnext payment +$1.49 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against Variational Omni+0.525%7-day average −0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.525%−$52 · spread now +0.525%, 7d avg −0.002%
=Together, before fees−0.529%+ Points / potential airdropVariational Omni: Active · farm board−$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.527% dearer against Variational Omni than usual: you sell high and buy low: +$53 more if the spread goes back to its 7-day average of −0.002%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.004% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NIL | 0.06875 | 0.0320 | pay 0.0160% / 4h | 3h 11m | $178K | $267K | — |
| Short | BingX NIL-USDT | 0.06911 | 0.0618 | get 0.0309% / 4h | 3h 11m | — | $8.5M | — |
Variational Omni NIL
BingX NIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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
- $62.6
- Price spread: +0.525% → −0.002%
- $52.69
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $105.29
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 62 min ago; BingX: live order book, 11 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 62 min ago | 5.88 bp | doesn't fit | 138.1 bp −$1,381 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 5.07 bp | 27.3 bp −$27 | 89.7 bp −$897 | 459.5 bp −$46.0K | 786.6 bp −$393.3K |
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 | 0.06886 | +0.159% | $22K | $341K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06904 | +0.416% | $5.4M | $76.4M | 50x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06883 | +0.117% | $440K | $2.0M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06904 | +0.423% | $2.4M | $4.7M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06891 | +0.234% | $515K | $661K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06911 | +0.525% | $1.8M | $8.3M | 50x | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06887 | +0.183% | $17K | $92K | 5x | as long as short |
| BloFin NIL-USDT | +0.0116% | 4h | 0.06856 | −0.275% | $352K | $131K | 50x | as long as short |
| Variational Omni NILlong | +0.0320% | 4h | 0.06875 | long leg | $178K | $267K | — | |
| Bybit NILUSDT | +0.0586% | 4h | 0.06915 | +0.583% | $3.9M | $13.7M | 20x | as long as short |
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
Extended NIL-USD
BloFin NIL-USDT
Bybit NILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NIL-USDTshort | +0.0618% | 4h | 0.06911 | +0.525% | — | $8.5M | — | |
| Hyperliquid NIL | +0.4038% | 1h | 0.06914 | +0.568% | $4.3M | $4.5M | 3x | as long as short |
Hyperliquid NIL