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

NIULAI

all NIULAI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0686%/8h= −75.1% APRnext payment $3.43 per $10,000 · paid last 24h −0.123%
Price spread now: edgeX against Bybit+1.141%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$309as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$2562.561% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.527%−$53 on $10k
Price spread, last 4 days (all we have)−1.423%−$142 · spread now +1.141%, 7d avg −0.014%
Together, before fees−1.950%+ Points / potential airdropedgeX: Active · farm board−$195 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 1.155% dearer against Bybit than usual: you sell high and buy low (spread +1.141% now, against its 7-day average of −0.014%): +$115 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 5.6 days. At the pace of the last 7 days (−0.527% in total) that is about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NIULAIUSDT0.10760.0890pay 0.0445% / 4h3h 17m$3.4M$6.9M20x
ShortedgeX 牛来USDC0.10880.0204get 0.0102% / 4h3h 17m$40K$299K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
−$144.11
Price spread: +1.141% → −0.014%
$115.48
Slippage, 4 orders
−$236.12
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$284.74
Costs to cover
2.561%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 15 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 Bybit live order book, 5 min ago3.20 bp68.0 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 15 min ago5.20 bp94.2 bp −$94doesn'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
KuCoin NIULAIUSDTM+0.0100%4h0.1068−0.706%$213K$1.3M10xas long as short
SoDEX NIULAI-USD+0.0100%1h0.1076−0.009%$416$11K10xas long as short
MEXC NIULAI_USDT+0.0204%4h0.1071−0.474%$1.9M$727K20xas long as short
edgeX 牛来USDCshort+0.0204%4h0.1088+1.141%$40K$299K5x
BingX NIULAI-USDT+0.0823%4h0.1072−0.316%$876Kas long as short
Bybit NIULAIUSDTlong+0.0890%4h0.1076long leg$3.4M$6.9M20x