Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.362%
Price spread now: Bybit against KuCoin+0.300%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$2142.145% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days−0.601%−$60 · spread now +0.300%, 7d avg −0.088%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.388% dearer against KuCoin than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NIULAIUSDTM | 0.1067 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $187K | $1.7M | 10x |
| Short | Bybit NIULAIUSDT | 0.1070 | 0.0100 | get 0.0050% / 4h | 3h 53m | $2.8M | $6.4M | 20x |
KuCoin NIULAIUSDTM
Bybit NIULAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- Price spread: +0.300% → −0.088%
- $38.77
- Slippage, 4 orders
- −$191.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$175.71
- Costs to cover
- 2.145%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 13.08 bp | 49.4 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.24 bp | 56.2 bp −$56 | 186.2 bp −$1,862 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NIULAIUSDTshort | +0.0100% | 4h | 0.1070 | +0.300% | $2.8M | $6.4M | 20x | |
| KuCoin NIULAIUSDTMlong | +0.0100% | 4h | 0.1067 | long leg | $187K | $1.7M | 10x | |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1069 | +0.169% | $221 | $8K | 10x | as long as short |
| MEXC NIULAI_USDT | +0.0600% | 4h | 0.1068 | +0.075% | $1.7M | $683K | 20x | as long as short |
| edgeX 牛来USDC | +0.0621% | 4h | 0.1078 | +1.043% | $40K | $302K | 5x | as long as short |
| BingX NIULAI-USDT | +0.1402% | 4h | 0.1069 | +0.187% | — | $907K | — | as long as short |
SoDEX NIULAI-USD
MEXC NIULAI_USDT
edgeX 牛来USDC
BingX NIULAI-USDT