Funding you earn now, next payment 12:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.116%
Price spread now: KuCoin against edgeX−0.582%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$2392.391% of the position
Funding, last 7 days+0.397%+$40 on $10k
+Price spread, last 4 days (all we have)+0.929%+$93 · spread now −0.582%, 7d avg +0.032%
=Together, before fees+1.326%+ Points / potential airdropedgeX: Active · farm board+$133 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.614% cheaper against edgeX than usual: you would sell low and buy high (−$61 if the spread goes back to its 7-day average of +0.032%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.397%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX 牛来USDC | 0.1077 | 0.0152 | pay 0.0076% / 4h | 3h 42m | $40K | $302K | 5x |
| Short | KuCoin NIULAIUSDTM | 0.1071 | 0.0100 | get 0.0050% / 4h | 3h 42m | $218K | $1.3M | 10x |
edgeX 牛来USDC
KuCoin NIULAIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$10.94
- Price spread: −0.582% → +0.032%
- −$61.39
- Slippage, 4 orders
- −$218.14
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$311.47
- Costs to cover
- 2.391%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 55 min ago; KuCoin: live order book, 3 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, 55 min ago | 4.78 bp | 122.4 bp −$122 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 14.87 bp | 50.2 bp −$50 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NIULAIUSDTMshort | +0.0100% | 4h | 0.1071 | −0.582% | $218K | $1.3M | 10x | |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1073 | −0.340% | $415 | $11K | 10x | as long as short |
| MEXC NIULAI_USDT | +0.0150% | 4h | 0.1072 | −0.433% | $1.9M | $719K | 20x | as long as short |
| edgeX 牛来USDClong | +0.0152% | 4h | 0.1077 | long leg | $40K | $302K | 5x | |
| BingX NIULAI-USDT | +0.0844% | 4h | 0.1074 | −0.312% | — | $880K | — | as long as short |
| Bybit NIULAIUSDT | +0.0864% | 4h | 0.1073 | −0.350% | $3.4M | $6.9M | 20x | as long as short |
SoDEX NIULAI-USD
MEXC NIULAI_USDT
BingX NIULAI-USDT
Bybit NIULAIUSDT