NIULAI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	edgeX牛来USDC	0.06026	+0.0100	pay 0.0050% / 4h	2h 41m	$19K	$154K	5x	Long edgeX
SHORT	HTX牛来-USDT	0.06077	+0.0100	get 0.0050% / 4h	2h 41m	$37K	$134K	20x	Short HTX

Price gap+0.853%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$64 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$10.0000% /8h now · paid +0.005% over the last 7D

Price+$64spread +0.853% now, avg +0.210% → +0.643% if it goes back

Costs−$1921.921% of $10k · taker + slippage, in and out

Result−$127−1.27%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.853%

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

3 ok · 3 to watch

Watch: Thin at this size48.1 / 48.4 bp
At $10k entering HTX costs 48.4 bp, fee and slippage, 1.0× edgeX’s.
Note: Margin at max leverage$2,000 + $500
edgeX 5x, HTX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long edgeX: 6 payments, −$3.00; short HTX: 6 payments, +$3.00.
OK: Entry gap works for you+0.853% vs +0.210%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$19K vs $37K OI
edgeX sets your exit cost. Check its book before closing.
OK: Points on a legedgeX points
Volume here counts toward the points program.
Watch: KYCedgeX No · HTX Limited
No ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0003%/8h × 21 periods+$0.54

Price spread+0.853% → +0.210% (7d avg)+$64.33

Slippage, 4 orderslive order books−$171.14

Fee edgeX bp × 2 orders−$9.00

Fee HTX bp × 2 orders−$12.00

Net · 7 days · $10k−$127.27

Costs to cover1.921%Break-even1650.7 days

Slippage: edgeX: live order book, 64 min ago; HTX: live order book, 26 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGedgeX5.8048.1 bp−$48doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTHTX17.2648.4 bp−$48doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.