Funding you earn now, next payment 00:00 UTC−0.0383%/8h= −41.9% APRnext payment −$1.91 per $10,000 · paid last 24h −0.320%
Price spread now: edgeX against BingX−0.214%55s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1451.448% of the position
Funding, last 7 days−0.845%−$84 on $10k
+Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.214%, 7d avg −0.035%
=Together, before fees−0.748%+ Points / potential airdropedgeX: Active · farm board−$75 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and edgeX is 0.179% cheaper against BingX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.035%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIULAI-USDT | 0.1080 | 0.1370 | pay 0.0685% / 4h | 1h 44m | — | $904K | — |
| Short | edgeX 牛来USDC | 0.1077 | 0.0987 | get 0.0494% / 4h | 1h 44m | $40K | $303K | 5x |
BingX NIULAI-USDT
edgeX 牛来USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BingX. 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
- −$80.38
- Price spread: −0.214% → −0.035%
- −$17.94
- Slippage, 4 orders
- −$125.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$243.12
- Costs to cover
- 1.448%
- Break-even
- never at this rate
Slippage from BingX: live order book, 75 min ago; edgeX: live order book, 38 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 BingX live order book, 75 min ago | 1.41 bp | 14.3 bp −$14 | 62.4 bp −$624 | 339.9 bp −$34.0K | doesn't fit |
| Sell edgeX live order book, 38 min ago | 6.57 bp | 28.8 bp −$29 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NIULAIUSDTM | +0.0100% | 4h | 0.1078 | −0.157% | $190K | $1.7M | 10x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1079 | −0.065% | $223 | $8K | 10x | as long as short |
| Bybit NIULAIUSDT | +0.0102% | 4h | 0.1079 | −0.056% | $2.9M | $6.8M | 20x | as long as short |
| MEXC NIULAI_USDT | +0.0976% | 4h | 0.1080 | +0.028% | $1.8M | $686K | 20x | as long as short |
| edgeX 牛来USDCshort | +0.0987% | 4h | 0.1077 | −0.214% | $40K | $303K | 5x | |
| BingX NIULAI-USDTlong | +0.1370% | 4h | 0.1080 | long leg | — | $904K | — |
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
Bybit NIULAIUSDT
MEXC NIULAI_USDT