Funding you earn now, next payment 04:00 UTC+0.0826%/8h= +90.4% APRpaid last 24h +0.416%
Price spread now: BingX against SoDEX−0.087%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BingX is 0.087% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$25 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX NIULAI-USD | 0.1038 | 0.0100 | pay 0.0013% / 1h | 20m 14s | $5K | $8K | 10x |
| Short | BingX NIULAI-USDT | 0.1037 | 0.0926 | get 0.0463% / 4h | 20m 14s | — | $882K | — |
SoDEX NIULAI-USD
BingX NIULAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against SoDEX. 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
- $173.46
- Price spread: −0.087% → 0.000%
- −$8.67
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $146.79
- Costs to cover
- 0.180%
- Break-even
- 1.1 days
Slippage unknown: SoDEX: no order-book sample; BingX: live order book, 24 min ago. Net counts fees only.
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 SoDEX no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 24 min ago | 0.49 bp | 13.4 bp −$13 | 47.7 bp −$477 | 272.1 bp −$27.2K | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.1038 | −0.019% | $188K | $1.5M | 10x | as long as short |
| SoDEX NIULAI-USDlong | +0.0100% | 1h | 0.1038 | long leg | $5K | $8K | 10x | |
| MEXC NIULAI_USDT | +0.0120% | 4h | 0.1038 | +0.019% | $1.8M | $733K | 20x | as long as short |
| edgeX 牛来USDC | +0.0131% | 4h | 0.1037 | −0.093% | $38K | $302K | 5x | as long as short |
| Bybit NIULAIUSDT | +0.0888% | 4h | 0.1040 | +0.183% | $3.2M | $7.1M | 20x | as long as short |
| BingX NIULAI-USDTshort | +0.0926% | 4h | 0.1037 | −0.087% | — | $882K | — |
KuCoin NIULAIUSDTM
MEXC NIULAI_USDT
edgeX 牛来USDC
Bybit NIULAIUSDT