Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Funding arb · Price arb / Crypto

NIULAI

All NIULAI markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BingXNIULAI-USDT
0.05601+0.0100pay 0.0050% / 4h3h 38m$661K$730K—Long BingX
SHORT
AZverseniulai_usdt
0.05604−0.0109pay 0.0014% / 1h38m 42s$105K$25K—Short AZverse
Price gap+0.054%
Funding gap−0.0209% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 19 hours. At the last 7 days' pace that is about 2.5 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$1−0.0209% /8h now · paid −0.014% over the last 16 hours (all we have)
Price+$5spread +0.054% now, avg +0.004% → +0.049% if it goes back
Costsno datano order book for BingX and AZverse
Result, before costs+$4+0.04%no pointscosts unknown: no order book for BingX and AZverse · What the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 16 hours it paid −0.014% in total, about −0.0066%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.054%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NIULAI on 13 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for BingX and AZverse: its slippage is not counted.
  • Note: Margin at max leverage— + —
    BingX —, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$6.28Long BingX: 6 payments, −$3.00; short AZverse: 24 payments, −$3.28.
  • OK: Entry gap works for you+0.054% vs +0.004%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$105K vs $661K OI
    AZverse sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBingX Yes · AZverse No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0066%/8h × 21 periods−$13.96
Price spread+0.054% → +0.004% (7d avg)+$4.95
Slippage, 4 ordersno data for BingX and AZverse—
Fee BingX bp × 2 orders−$10.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$31.01
Costs to cover0.220%Break-evennever at this rate
Slippage: BingX: no order-book sample; AZverse: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX—————
SELL · SHORTAZverse—————

Closing costs about the same again.
BingX and AZverse: no data.

Alert