Funding you earn now, next payment 04:00 UTC−0.0279%/8h= −30.6% APRnext payment −$1.40 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against Variational Omni+0.490%7-day average −0.016% · 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)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.712%−$71 · spread now +0.490%, 7d avg −0.016%
=Together, before fees−0.713%+ Points / potential airdropVariational Omni: Active · farm board−$71 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.507% dearer against Variational Omni than usual: you sell high and buy low (spread +0.490% now, against its 7-day average of −0.016%): +$51 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 6.0 days. At the pace of the last 3 days (−0.001% in total) that is about years.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.40 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 | 0.06952 | 0.0379 | pay 0.0190% / 4h | 2h 29m | $180K | $265K | — |
| Short | Bitget NILUSDT | 0.06986 | 0.0100 | get 0.0050% / 4h | 2h 29m | $1.8M | $8.2M | 50x |
Variational Omni NIL
Bitget NILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$58.67
- Price spread: +0.490% → −0.016%
- $50.67
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$20.01
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 40 min ago; Bitget: live order book, 4 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, 40 min ago | 9.40 bp | doesn't fit | 233.6 bp −$2,336 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 7.97 bp | 28.4 bp −$28 | 114.5 bp −$1,145 | 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 | 0.06985 | +0.472% | $23K | $343K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06985 | +0.479% | $5.4M | $74.8M | 50x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06996 | +0.634% | $449K | $1.9M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06992 | +0.576% | $2.3M | $4.5M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06993 | +0.591% | $531K | $655K | 30x | as long as short |
| Bitget NILUSDTshort | +0.0100% | 4h | 0.06986 | +0.490% | $1.8M | $8.2M | 50x | |
| Extended NIL-USD | +0.0104% | 1h | 0.06991 | +0.558% | $17K | $94K | 5x | as long as short |
| Bybit NILUSDT | +0.0238% | 4h | 0.07017 | +0.936% | $3.9M | $13.5M | 20x | as long as short |
| BingX NIL-USDT | +0.0268% | 4h | 0.06983 | +0.447% | — | $8.5M | — | as long as short |
| Variational Omni NILlong | +0.0379% | 4h | 0.06952 | long leg | $180K | $265K | — |
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Extended NIL-USD
Bybit NILUSDT
BingX NIL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid NIL | +0.2575% | 1h | 0.06999 | +0.670% | $4.4M | $4.5M | 3x | as long as short |
Hyperliquid NIL