Settings8H · net · $10k
Funding arb · Price arb /

NIULAI

all NIULAI markets
SwapBacktest
Alert: funding
Alert: spread
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: edgeX against KuCoin+0.160%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$2142.142% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.397%−$40 on $10k
Price spread, last 4 days (all we have)−0.348%−$35 · spread now +0.160%, 7d avg −0.019%
Together, before fees−0.745%+ Points / potential airdropedgeX: Active · farm board−$74 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.179% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NIULAIUSDTM0.10400.0100pay 0.0050% / 4h2h 09m$182K$1.4M10x
ShortedgeX 牛来USDC0.10410.0100get 0.0050% / 4h2h 09m$39K$300K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.160% → −0.019%
$17.85
Slippage, 4 orders
−$193.24
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$196.38
Costs to cover
2.142%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; edgeX: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago15.49 bp42.9 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 39 min ago3.82 bp97.8 bp −$98doesn't fitdoesn't fitdoesn't fit

NIULAI on 6 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NIULAI_USDT+0.0100%4h0.1040+0.029%$1.8M$735K20xas long as short
KuCoin NIULAIUSDTMlong+0.0100%4h0.1040long leg$182K$1.4M10x
edgeX 牛来USDCshort+0.0100%4h0.1041+0.160%$39K$300K5x
SoDEX NIULAI-USD+0.0100%1h0.1040+0.038%$2K$9K10xas long as short
BingX NIULAI-USDT+0.1044%4h0.1036−0.308%$888Kas long as short
Bybit NIULAIUSDT+0.1180%4h0.1040+0.029%$3.3M$7.1M20xas long as short