Funding you earn now, next payment 08:00 UTC−0.0652%/8h= −71.4% APRnext payment −$3.26 per $10,000 · paid last 24h −0.241%
Price spread now: edgeX against BingX+0.714%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$1401.402% of the position
Funding, last 7 days−0.928%−$93 on $10k
+Price spread, last 4 days (all we have)−0.832%−$83 · spread now +0.714%, 7d avg −0.016%
=Together, before fees−1.759%+ Points / potential airdropedgeX: Active · farm board−$176 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.730% dearer against BingX than usual: you sell high and buy low (spread +0.714% now, against its 7-day average of −0.016%): +$73 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIULAI-USDT | 0.1047 | 0.0752 | pay 0.0376% / 4h | 2h 54m | — | $887K | — |
| Short | edgeX 牛来USDC | 0.1054 | 0.0100 | get 0.0050% / 4h | 2h 54m | $39K | $301K | 5x |
BingX NIULAI-USDT
edgeX 牛来USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BingX. 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
- −$136.92
- Price spread: +0.714% → −0.016%
- $72.96
- Slippage, 4 orders
- −$121.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$204.15
- Costs to cover
- 1.402%
- Break-even
- never at this rate
Slippage from BingX: live order book, 34 min ago; edgeX: live order book, 58 min ago.
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 BingX live order book, 34 min ago | 1.43 bp | 18.8 bp −$19 | 64.3 bp −$643 | 366.9 bp −$36.7K | doesn't fit |
| Sell edgeX live order book, 58 min ago | 4.31 bp | 44.9 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
NIULAI on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC NIULAI_USDT | +0.0100% | 4h | 0.1048 | +0.067% | $1.8M | $724K | 20x | as long as short |
| KuCoin NIULAIUSDTM | +0.0100% | 4h | 0.1047 | +0.038% | $188K | $1.5M | 10x | as long as short |
| edgeX 牛来USDCshort | +0.0100% | 4h | 0.1054 | +0.714% | $39K | $301K | 5x | |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1047 | +0.010% | $2K | $9K | 10x | as long as short |
| Bybit NIULAIUSDT | +0.0514% | 4h | 0.1050 | +0.287% | $3.2M | $7.1M | 20x | as long as short |
| BingX NIULAI-USDTlong | +0.0752% | 4h | 0.1047 | long leg | — | $887K | — |
MEXC NIULAI_USDT
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
Bybit NIULAIUSDT