Funding you earn now, next payment 04:00 UTC+0.0906%/8h= +99.2% APRnext payment +$4.53 per $10,000 · paid last 24h +0.296%
Price spread now: BingX against edgeX+0.020%55s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1281.281% of the position
Funding, last 7 days+0.883%+$88 on $10k
+Price spread, last 4 days (all we have)+0.294%+$29 · spread now +0.020%, 7d avg +0.022%
=Together, before fees+1.178%+ Points / potential airdropedgeX: Active · farm board+$118 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$27 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX 牛来USDC | 0.1050 | 0.0210 | pay 0.0105% / 4h | 1h 32m | $39K | $304K | 5x |
| Short | BingX NIULAI-USDT | 0.1051 | 0.1116 | get 0.0558% / 4h | 1h 32m | — | $851K | — |
edgeX 牛来USDC
BingX NIULAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against edgeX. 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
- $190.31
- Price spread: +0.020% → +0.022%
- −$0.17
- Slippage, 4 orders
- −$109.14
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $61.99
- Costs to cover
- 1.281%
- Break-even
- 4.7 days
Slippage from edgeX: live order book, 30 min ago; BingX: live order book, 27 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 edgeX live order book, 30 min ago | 4.67 bp | 50.1 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 27 min ago | 1.88 bp | 14.5 bp −$14 | 58.7 bp −$587 | 294.8 bp −$29.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NIULAIUSDTM | +0.0100% | 4h | 0.1049 | −0.113% | $189K | $1.5M | 10x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1050 | −0.056% | $217 | $6K | 10x | as long as short |
| MEXC NIULAI_USDT | +0.0204% | 4h | 0.1050 | +0.001% | $1.8M | $692K | 20x | as long as short |
| edgeX 牛来USDClong | +0.0210% | 4h | 0.1050 | long leg | $39K | $304K | 5x | |
| Bybit NIULAIUSDT | +0.0459% | 4h | 0.1052 | +0.182% | $2.9M | $6.3M | 20x | as long as short |
| BingX NIULAI-USDTshort | +0.1116% | 4h | 0.1051 | +0.020% | — | $851K | — |
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
MEXC NIULAI_USDT
Bybit NIULAIUSDT