Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against Variational Omni−0.450%7-day average +0.021% · 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)−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)+0.426%+$43 · spread now −0.450%, 7d avg +0.021%
=Together, before fees+0.414%+ Points / potential airdropVariational Omni: Active · farm board+$41 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 Gate is 0.471% cheaper against Variational Omni than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NIL | 0.06901 | 0.0134 | pay 0.0067% / 4h | 4m 54s | $177K | $266K | — |
| Short | Gate NIL_USDT | 0.06870 | 0.0100 | get 0.0050% / 4h | 4m 54s | $436K | $2.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$7.19
- Price spread: −0.450% → +0.021%
- −$47.09
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$69.28
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 9 min ago; Gate: live order book, 3 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, 9 min ago | 5.88 bp | doesn't fit | 138.1 bp −$1,381 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 10.23 bp | 37.7 bp −$38 | 301.2 bp −$3,012 | 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-USDT | +0.0051% | 4h | 0.06898 | −0.044% | $348K | $143K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06867 | −0.499% | $21K | $340K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06851 | −0.726% | $5.3M | $78.8M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06868 | −0.479% | $3.8M | $14.0M | 20x | as long as short |
| Gate NIL_USDTshort | +0.0100% | 4h | 0.06870 | −0.450% | $436K | $2.0M | 50x | |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06873 | −0.407% | $2.4M | $5.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06876 | −0.363% | $515K | $686K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06861 | −0.581% | $1.8M | $8.5M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06864 | −0.537% | — | $8.5M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06851 | −0.731% | $17K | $94K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NILlong | +0.0134% | 4h | 0.06901 | long leg | $177K | $266K | — | |
| Hyperliquid NIL | +0.1581% | 1h | 0.06894 | −0.105% | $4.3M | $4.5M | 3x | as long as short |
Variational Omni NIL
Gate NIL_USDT
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USD
Hyperliquid NIL