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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIULAI_USDT | 0.1081 | 0.0416 | pay 0.0208% / 4h | 2h 57m | $1.9M | $708K | 20x |
| Short | edgeX 牛来USDC | 0.1087 | 0.0422 | get 0.0211% / 4h | 2h 57m | $40K | $302K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 4 min ago | 0.46 bp | 4.4 bp −$4 | 78.0 bp −$780 | 659.7 bp −$66.0K | doesn't fit |
| Sell edgeX live order book, 11 min ago | 4.53 bp | 63.5 bp −$64 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NIULAIUSDT | +0.0100% | 4h | 0.1080 | −0.083% | $2.9M | $6.2M | 20x | as long as short |
| KuCoin NIULAIUSDTM | +0.0100% | 4h | 0.1082 | +0.130% | $191K | $1.6M | 10x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1078 | −0.231% | $222 | $7K | 10x | as long as short |
| MEXC NIULAI_USDTlong | +0.0416% | 4h | 0.1081 | long leg | $1.9M | $708K | 20x | |
| edgeX 牛来USDCshort | +0.0422% | 4h | 0.1087 | +0.594% | $40K | $302K | 5x | |
| BingX NIULAI-USDT | +0.1336% | 4h | 0.1080 | −0.093% | — | $882K | — | as long as short |
MEXC NIULAI_USDT
edgeX 牛来USDC
Bybit NIULAIUSDT
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
BingX NIULAI-USDT