Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.121%
Price spread now: Bybit against BingX+0.272%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1781.782% of the position
Funding, last 7 days−0.452%−$45 on $10k
+Price spread, last 7 days−0.291%−$29 · spread now +0.272%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.280% dearer against BingX than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIULAI-USDT | 0.1030 | 0.1124 | pay 0.0562% / 4h | 1h 45m | — | $885K | — |
| Short | Bybit NIULAIUSDT | 0.1032 | 0.1124 | get 0.0562% / 4h | 1h 45m | $3.2M | $7.1M | 20x |
BingX NIULAI-USDT
Bybit NIULAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$0.02
- Price spread: +0.272% → −0.008%
- $27.99
- Slippage, 4 orders
- −$157.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$150.2
- Costs to cover
- 1.782%
- Break-even
- never at this rate
Slippage from BingX: live order book, 29 min ago; Bybit: live order book, 3 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 BingX live order book, 29 min ago | 1.45 bp | 12.4 bp −$12 | 59.5 bp −$595 | 444.5 bp −$44.5K | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.42 bp | 66.0 bp −$66 | 207.2 bp −$2,072 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC NIULAI_USDT | +0.0100% | 4h | 0.1030 | +0.068% | $1.8M | $723K | 20x | as long as short |
| KuCoin NIULAIUSDTM | +0.0100% | 4h | 0.1029 | −0.019% | $181K | $1.4M | 10x | as long as short |
| edgeX 牛来USDC | +0.0100% | 4h | 0.1031 | +0.127% | $38K | $302K | 5x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1031 | +0.136% | $2K | $9K | 10x | as long as short |
| Bybit NIULAIUSDTshort | +0.1124% | 4h | 0.1032 | +0.272% | $3.2M | $7.1M | 20x | |
| BingX NIULAI-USDTlong | +0.1124% | 4h | 0.1030 | long leg | — | $885K | — |
MEXC NIULAI_USDT
KuCoin NIULAIUSDTM
edgeX 牛来USDC
SoDEX NIULAI-USD