Funding you earn now, next payment 08:00 UTC−0.0634%/8h= −69.4% APRnext payment −$3.17 per $10,000 · paid last 24h −0.241%
Price spread now: edgeX against BingX+0.333%85s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1571.567% of the position
Funding, last 7 days−0.928%−$93 on $10k
+Price spread, last 4 days (all we have)−0.428%−$43 · spread now +0.333%, 7d avg −0.014%
=Together, before fees−1.355%+ Points / potential airdropedgeX: Active · farm board−$136 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.347% dearer against BingX than usual: you sell high and buy low (spread +0.333% now, against its 7-day average of −0.014%): +$35 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 44 hours. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIULAI-USDT | 0.1045 | 0.0734 | pay 0.0367% / 4h | 2h 46m | — | $885K | — |
| Short | edgeX 牛来USDC | 0.1048 | 0.0100 | get 0.0050% / 4h | 2h 46m | $39K | $302K | 5x |
BingX NIULAI-USDT
edgeX 牛来USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$133.14
- Price spread: +0.333% → −0.014%
- $34.75
- Slippage, 4 orders
- −$137.7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$255.09
- Costs to cover
- 1.567%
- Break-even
- never at this rate
Slippage from BingX: live order book, 43 min ago; edgeX: live order book, 2 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, 43 min ago | 1.43 bp | 18.8 bp −$19 | 64.3 bp −$643 | 366.9 bp −$36.7K | doesn't fit |
| Sell edgeX live order book, 2 min ago | 3.82 bp | 97.8 bp −$98 | doesn't fit | 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 | 0.1046 | +0.096% | $1.8M | $725K | 20x | as long as short |
| KuCoin NIULAIUSDTM | +0.0100% | 4h | 0.1046 | +0.096% | $188K | $1.5M | 10x | as long as short |
| edgeX 牛来USDCshort | +0.0100% | 4h | 0.1048 | +0.333% | $39K | $302K | 5x | |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1046 | +0.115% | $2K | $9K | 10x | as long as short |
| Bybit NIULAIUSDT | +0.0506% | 4h | 0.1047 | +0.249% | $3.2M | $7.1M | 20x | as long as short |
| BingX NIULAI-USDTlong | +0.0734% | 4h | 0.1045 | long leg | — | $885K | — |
MEXC NIULAI_USDT
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
Bybit NIULAIUSDT