Funding you earn now, next payment 12:00 UTC+0.0653%/8h= +71.5% APRnext payment +$3.27 per $10,000 · paid last 24h +0.238%
Price spread now: BingX against edgeX+1.039%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$1531.527% of the position
Funding, last 7 days+0.973%+$97 on $10k
+Price spread, last 4 days (all we have)−0.725%−$72 · spread now +1.039%, 7d avg +0.030%
=Together, before fees+0.248%+ Points / potential airdropedgeX: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BingX is 1.009% dearer against edgeX than usual: you sell high and buy low: +$101 more if the spread goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX 牛来USDC | 0.1090 | 0.0165 | pay 0.0082% / 4h | 3h 21m | $40K | $298K | 5x |
| Short | BingX NIULAI-USDT | 0.1101 | 0.0818 | get 0.0409% / 4h | 3h 21m | — | $879K | — |
edgeX 牛来USDC
BingX NIULAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against edgeX. 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
- $137.18
- Price spread: +1.039% → +0.030%
- $100.89
- Slippage, 4 orders
- −$133.75
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $85.32
- Costs to cover
- 1.527%
- Break-even
- 2.6 days
Slippage from edgeX: live order book, 12 min ago; BingX: live order book, 23 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 edgeX live order book, 12 min ago | 5.20 bp | 26.9 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 23 min ago | 1.86 bp | 17.8 bp −$18 | 70.0 bp −$700 | 487.4 bp −$48.7K | 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 | 0.1097 | +0.644% | $217K | $1.3M | 10x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1099 | +0.892% | $425 | $11K | 10x | as long as short |
| edgeX 牛来USDClong | +0.0165% | 4h | 0.1090 | long leg | $40K | $298K | 5x | |
| MEXC NIULAI_USDT | +0.0178% | 4h | 0.1099 | +0.856% | $1.9M | $727K | 20x | as long as short |
| Bybit NIULAIUSDT | +0.0667% | 4h | 0.1099 | +0.901% | $3.5M | $6.9M | 20x | as long as short |
| BingX NIULAI-USDTshort | +0.0818% | 4h | 0.1101 | +1.039% | — | $879K | — |
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
MEXC NIULAI_USDT
Bybit NIULAIUSDT