Funding you earn now, next payment 04:00 UTC−0.0556%/8h= −60.8% APRnext payment −$2.78 per $10,000 · paid last 24h −0.174%
Price spread now: edgeX against Bybit+0.154%101s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$255as 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−$2122.120% of the position
Funding, last 7 days−0.426%−$43 on $10k
+Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.154%, 7d avg +0.008%
=Together, before fees−0.678%+ Points / potential airdropedgeX: Active · farm board−$68 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.145% dearer against Bybit than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of +0.008%): +$15 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.426% in total) that is about 2.4 days. The two prices were read 101 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 | Bybit NIULAIUSDT | 0.1031 | 0.0696 | pay 0.0348% / 4h | 35m 48s | $3.2M | $7.0M | 20x |
| Short | edgeX 牛来USDC | 0.1032 | 0.0141 | get 0.0070% / 4h | 35m 48s | $38K | $302K | 5x |
Bybit NIULAIUSDT
edgeX 牛来USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$116.66
- Price spread: +0.154% → +0.008%
- $14.54
- Slippage, 4 orders
- −$192.01
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$314.12
- Costs to cover
- 2.120%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 22 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 Bybit live order book, 2 min ago | 3.39 bp | 58.5 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 22 min ago | 4.89 bp | 74.0 bp −$74 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NIULAIUSDTM | +0.0100% | 4h | 0.1027 | −0.359% | $187K | $1.5M | 10x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1027 | −0.398% | $5K | $8K | 10x | as long as short |
| edgeX 牛来USDCshort | +0.0141% | 4h | 0.1032 | +0.154% | $38K | $302K | 5x | |
| MEXC NIULAI_USDT | +0.0148% | 4h | 0.1028 | −0.262% | $1.8M | $726K | 20x | as long as short |
| Bybit NIULAIUSDTlong | +0.0696% | 4h | 0.1031 | long leg | $3.2M | $7.0M | 20x | |
| BingX NIULAI-USDT | +0.0970% | 4h | 0.1028 | −0.272% | — | $882K | — | as long as short |
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
MEXC NIULAI_USDT
BingX NIULAI-USDT