Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Variational Omni−0.173%56s7-day average −0.063% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)−0.019%−$2 · spread now −0.173%, 7d avg −0.063%
=Together, before fees−0.005%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.110% cheaper against Variational Omni than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.063%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NIL | 0.06749 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $50K | $141K | — |
| Short | BloFin NIL-USDT | 0.06737 | 0.0056 | get 0.0028% / 4h | 1h 28m | $351K | $148K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$9.21
- Price spread: −0.173% → −0.063%
- −$10.98
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.19
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 56 min ago; BloFin: live order book, 52 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, 56 min ago | 8.09 bp | doesn't fit | 172.9 bp −$1,729 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 5.18 bp | 24.7 bp −$25 | 86.6 bp −$866 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDTshort | +0.0056% | 4h | 0.06737 | −0.173% | $351K | $148K | 50x | |
| Aster NILUSDT | +0.0100% | 4h | 0.06712 | −0.545% | $20K | $368K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06695 | −0.790% | $5.2M | $81.8M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06705 | −0.647% | $3.5M | $14.2M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06712 | −0.543% | $427K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06704 | −0.662% | $2.4M | $5.3M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06707 | −0.617% | $484K | $715K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06692 | −0.840% | $1.7M | $9.1M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06712 | −0.543% | — | $8.6M | — | as long as short |
| Variational Omni NILlong | +0.0100% | 4h | 0.06749 | long leg | $50K | $141K | — |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NIL-USD | +0.0104% | 1h | 0.06704 | −0.662% | $16K | $94K | 5x | as long as short |
| Hyperliquid NIL | +0.1178% | 1h | 0.06733 | −0.231% | $4.0M | $4.6M | 3x | as long as short |
Variational Omni NIL
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USD
Hyperliquid NIL