NIULAI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunX牛来-USDT	0.05367	+0.0100	pay 0.0050% / 4h	1h 09m	$1K	$269K	10x	Long SunX≤10% back
SHORT	BybitNIULAIUSDT	0.05381	+0.0100	get 0.0050% / 4h	1h 09m	$1.5M	$515K	20x	Short Bybit

Price gap+0.261%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$22 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$60.0000% /8h now · paid −0.056% over the last 7D

Price+$22spread +0.261% now, avg +0.036% → +0.225% if it goes back

Costs−$3263.263% of $10k · taker + slippage, in and out

Result−$309−3.09%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.261%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NIULAI on 13 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size67.0 / 114.1 bp
At $10k entering Bybit costs 114.1 bp, fee and slippage, 1.7× SunX’s.
Note: Margin at max leverage$1,000 + $500
SunX 10x, Bybit 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long SunX: 6 payments, −$3.00; short Bybit: 6 payments, +$3.00.
OK: Entry gap works for you+0.261% vs +0.036%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$1K vs $1.5M OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCSunX No · Bybit Yes
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0027%/8h × 21 periods−$5.64

Price spread+0.261% → +0.036% (7d avg)+$22.48

Slippage, 4 orderslive order books−$307.27

Fee SunX bp × 2 orders−$8.00

Fee Bybit bp × 2 orders−$11.00

Net · 7 days · $10k−$309.43

Costs to cover3.263%Break-evennever at this rate

Slippage: SunX: live order book, 17 min ago; Bybit: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSunX21.3767.0 bp−$67doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBybit3.70114.1 bp−$114doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.