Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.119%
Price spread now: MEXC against KuCoin+0.124%7-day average −0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$990.990% of the position
Funding, last 7 days−0.398%−$40 on $10k
+Price spread, last 7 days−0.275%−$27 · spread now +0.124%, 7d avg −0.087%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.210% dearer against KuCoin than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NIULAIUSDTM | 0.1050 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $208K | $1.3M | 10x |
| Short | MEXC NIULAI_USDT | 0.1051 | 0.0100 | get 0.0050% / 4h | 3h 59m | $1.8M | $713K | 20x |
KuCoin NIULAIUSDTM
MEXC NIULAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- Price spread: +0.124% → −0.087%
- $21.04
- Slippage, 4 orders
- −$82.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$77.95
- Costs to cover
- 0.990%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; MEXC: 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 KuCoin live order book, 6 min ago | 14.54 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.47 bp | 11.2 bp −$11 | 145.5 bp −$1,455 | 748.2 bp −$74.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NIULAIUSDT | +0.0100% | 4h | 0.1050 | +0.010% | $3.3M | $7.0M | 20x | as long as short |
| MEXC NIULAI_USDTshort | +0.0100% | 4h | 0.1051 | +0.124% | $1.8M | $713K | 20x | |
| KuCoin NIULAIUSDTMlong | +0.0100% | 4h | 0.1050 | long leg | $208K | $1.3M | 10x | |
| edgeX 牛来USDC | +0.0100% | 4h | 0.1036 | −1.354% | $39K | $302K | 5x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1051 | +0.086% | $3K | $9K | 10x | as long as short |
| BingX NIULAI-USDT | +0.1000% | 4h | 0.1050 | +0.048% | — | $881K | — | as long as short |
Bybit NIULAIUSDT
edgeX 牛来USDC
SoDEX NIULAI-USD
BingX NIULAI-USDT