Nik Wallenda is hoping to make history later today when he attempts to be the first person to walk across Niagara Falls on a tightrope.

The amazing attempt is scheduled for 10:20 p.m.(EST).

Wallenda, who comes from a family of tightrope walkers daredevil and performers, will cross from the American side to the Canadian side of the falls on a 500-metre wire suspended 60 metres above the churning water.

Others have crossed the water on tightropes, but over the gorge downstream and not for more than 100 years.

Wallenda estimates that the walk will cost him $1.3 million, the pricetag includes the fabrication and installation of the custom-made steel wire, permits and security on both sides of the border as well as travel and marketing.

He is recouping some of the costs through a deal with ABC to air his walk on a live special.

The walk is being broadcast by ABC stateside, and they wouldn’t help fund the project, unless Wallenda agreed to using the tether.

He says he is getting used to the weight of it, and that he is looking forward to tonight’s feat.

“If anything it makes me nervous to wear a tether,” he said Wednesday. “I know that sounds crazy, but it makes me nervous because you have to understand, I’ve trained a little bit for the last week in one — never in my life have I worn a tether (during a stunt) so it’s just an added thing on my mind.”

The tether will be attached to Wallenda and the wire, trailing behind him as he crosses the 550-metre cable

“The nerves go away more and more the closer we get,” he said. “I know it sounds strange, but it’s more excitement than anything.”

Nik Wallenda Will Finally Attempt Niagara Falls Tightrope Walk Today

Nik Wallenda Will Finally Attempt Niagara Falls Tightrope Walk Today