Funding you earn now, next payment 04:00 UTC+0.0208%/8h= +22.8% APRnext payment +$1.04 per $10,000 · paid last 24h +0.176%
Price spread now: Bybit against edgeX−0.145%91s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as 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−$2312.312% of the position
Funding, last 7 days+0.427%+$43 on $10k
+Price spread, last 4 days (all we have)+0.999%+$100 · spread now −0.145%, 7d avg −0.004%
=Together, before fees+1.426%+ Points / potential airdropedgeX: Active · farm board+$143 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.141% cheaper against edgeX than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of −0.004%). If the spread goes back, that is −$14 on $10k: about 2.3 days of funding at the current rate (+$6 a day). The two prices were read 91 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 | 0.1068 | 0.0339 | pay 0.0170% / 4h | 2h 24m | $39K | $302K | 5x |
| Short | Bybit NIULAIUSDT | 0.1066 | 0.0548 | get 0.0274% / 4h | 2h 24m | $2.9M | $6.2M | 20x |
edgeX 牛来USDC
Bybit NIULAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $43.74
- Price spread: −0.145% → −0.004%
- −$14.1
- Slippage, 4 orders
- −$211.23
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$201.59
- Costs to cover
- 2.312%
- Break-even
- 39.3 days
Slippage from edgeX: live order book, 44 min ago; Bybit: live order book, 4 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, 44 min ago | 4.53 bp | 29.7 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.80 bp | 75.5 bp −$76 | 162.4 bp −$1,624 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NIULAIUSDTM | +0.0100% | 4h | 0.1063 | −0.454% | $189K | $1.5M | 10x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1064 | −0.360% | $220 | $7K | 10x | as long as short |
| MEXC NIULAI_USDT | +0.0326% | 4h | 0.1064 | −0.342% | $1.9M | $723K | 20x | as long as short |
| edgeX 牛来USDClong | +0.0339% | 4h | 0.1068 | long leg | $39K | $302K | 5x | |
| Bybit NIULAIUSDTshort | +0.0548% | 4h | 0.1066 | −0.145% | $2.9M | $6.2M | 20x | |
| BingX NIULAI-USDT | +0.1306% | 4h | 0.1065 | −0.257% | — | $871K | — | as long as short |
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
MEXC NIULAI_USDT
BingX NIULAI-USDT