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

NIULAI

all NIULAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.003%
Price spread now: edgeX against MEXC+0.594%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$1131.126% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 3 days (all we have)−0.615%−$62 · spread now +0.594%, 7d avg −0.038%
Together, before fees−0.612%+ Points / potential airdropedgeX: Active · farm board−$61 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 0.633% dearer against MEXC than usual: you sell high and buy low, +$63 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NIULAI_USDT0.10810.0416pay 0.0208% / 4h2h 57m$1.9M$708K20x
ShortedgeX 牛来USDC0.10870.0422get 0.0211% / 4h2h 57m$40K$302K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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
$1.33
Price spread: +0.594% → −0.038%
$63.26
Slippage, 4 orders
−$99.59
Fee MEXC: 2 bp × 2 orders
−$4
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$48.01
Costs to cover
1.126%
Break-even
260.2 days
Slippage from MEXC: live order book, 4 min ago; edgeX: live order book, 11 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 MEXC live order book, 4 min ago0.46 bp4.4 bp −$478.0 bp −$780659.7 bp −$66.0Kdoesn't fit
Sell edgeX live order book, 11 min ago4.53 bp63.5 bp −$64doesn'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
Bybit NIULAIUSDT+0.0100%4h0.1080−0.083%$2.9M$6.2M20xas long as short
KuCoin NIULAIUSDTM+0.0100%4h0.1082+0.130%$191K$1.6M10xas long as short
SoDEX NIULAI-USD+0.0100%1h0.1078−0.231%$222$7K10xas long as short
MEXC NIULAI_USDTlong+0.0416%4h0.1081long leg$1.9M$708K20x
edgeX 牛来USDCshort+0.0422%4h0.1087+0.594%$40K$302K5x
BingX NIULAI-USDT+0.1336%4h0.1080−0.093%$882Kas long as short