Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against edgeX+0.092%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1071.068% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.092%, 7d avg +0.039%
=Together, before fees+0.020%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.054% dearer against edgeX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX 牛来USDC | 0.1067 | 0.0258 | pay 0.0129% / 4h | 1h 55m | $40K | $296K | 5x |
| Short | MEXC NIULAI_USDT | 0.1068 | 0.0254 | get 0.0127% / 4h | 1h 55m | $1.8M | $633K | 20x |
edgeX 牛来USDC
MEXC NIULAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.81
- Price spread: +0.092% → +0.039%
- $5.36
- Slippage, 4 orders
- −$93.8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$102.25
- Costs to cover
- 1.068%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 55 min ago; MEXC: 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, 55 min ago | 4.20 bp | 45.8 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.94 bp | 4.9 bp −$5 | 88.0 bp −$880 | 766.7 bp −$76.7K | doesn't fit |
NIULAI on 6 exchanges
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 | 0.1067 | −0.030% | $209K | $1.3M | 10x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1067 | −0.020% | $413 | $10K | 10x | as long as short |
| MEXC NIULAI_USDTshort | +0.0254% | 4h | 0.1068 | +0.092% | $1.8M | $633K | 20x | |
| edgeX 牛来USDClong | +0.0258% | 4h | 0.1067 | long leg | $40K | $296K | 5x | |
| Bybit NIULAIUSDT | +0.0650% | 4h | 0.1069 | +0.205% | $3.4M | $6.3M | 20x | as long as short |
| BingX NIULAI-USDT | +0.0960% | 4h | 0.1070 | +0.261% | — | $853K | — | as long as short |
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
Bybit NIULAIUSDT
BingX NIULAI-USDT