NIL arbitrage between HyperLiquid and Astar DEX: we compare the price of NIL on HyperLiquid (futures) and Astar DEX (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Nillion

Nillion is the first Blind Computer & a private computation and storage network. The network uses PETs (Privacy-Enhancing Technologies) to enable computation and storage on data while maintaining privacy, making possible use cases like private personalized AI, encrypted databases, data marketplace, and privacy-preserving applications. $NIL is the native utility token of the network that is used for: Network fees for blind computation and payments across the Coordination Layer and Petnet Staking to secure the network Governance participation the onchain governance module $NIL enables access to Nillion modules and services such as: DB: an encrypted database with data split up across multiple nodes.…

Artificial Intelligence (AI), Infrastructure, Binance Launchpool, Ethereum Ecosystem

Open interest in NIL right now — $9.3M: Binance $3.0M, BingX $3.0M, Bybit $1.3M, Bitget $997.3K, HyperLiquid $570.9K. See OI NIL.

About NIL arbitrage

How do I read the NIL spread?

The spread is how many percent higher NIL trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on HyperLiquid and Astar DEX. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get NIL alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.