Funding you earn now, next payment 04:00 UTC+0.0908%/8h= +99.4% APRnext payment +$4.54 per $10,000 · paid last 24h +0.297%
Price spread now: BingX against MEXC+0.019%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs+$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days+0.885%+$88 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now +0.019%, 7d avg +0.029%
=The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$27 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIULAI_USDT | 0.1035 | 0.0176 | pay 0.0088% / 4h | 1h 11m | $1.8M | $703K | 20x |
| Short | BingX NIULAI-USDT | 0.1035 | 0.1084 | get 0.0542% / 4h | 1h 11m | — | $851K | — |
MEXC NIULAI_USDT
BingX NIULAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $190.68
- Price spread: +0.019% → +0.029%
- −$0.99
- Slippage, 4 orders
- −$39.65
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $136.04
- Costs to cover
- 0.537%
- Break-even
- 2.0 days
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 47 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 MEXC live order book, 5 min ago | 0.96 bp | 11.6 bp −$12 | 120.4 bp −$1,204 | 634.4 bp −$63.4K | doesn't fit |
| Sell BingX live order book, 47 min ago | 1.88 bp | 14.5 bp −$14 | 58.7 bp −$587 | 294.8 bp −$29.5K | 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 | 0.1035 | +0.010% | $175K | $1.5M | 10x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1035 | +0.019% | $3K | $7K | 10x | as long as short |
| MEXC NIULAI_USDTlong | +0.0176% | 4h | 0.1035 | long leg | $1.8M | $703K | 20x | |
| edgeX 牛来USDC | +0.0191% | 4h | 0.1037 | +0.139% | $38K | $304K | 5x | as long as short |
| Bybit NIULAIUSDT | +0.0773% | 4h | 0.1035 | +0.029% | $2.9M | $6.2M | 20x | as long as short |
| BingX NIULAI-USDTshort | +0.1084% | 4h | 0.1035 | +0.019% | — | $851K | — |
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
edgeX 牛来USDC
Bybit NIULAIUSDT