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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NIULAIUSDT | 0.1076 | 0.0890 | pay 0.0445% / 4h | 3h 17m | $3.4M | $6.9M | 20x |
| Short | edgeX 牛来USDC | 0.1088 | 0.0204 | get 0.0102% / 4h | 3h 17m | $40K | $299K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 5 min ago | 3.20 bp | 68.0 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 15 min ago | 5.20 bp | 94.2 bp −$94 | 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 | 0.1068 | −0.706% | $213K | $1.3M | 10x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1076 | −0.009% | $416 | $11K | 10x | as long as short |
| MEXC NIULAI_USDT | +0.0204% | 4h | 0.1071 | −0.474% | $1.9M | $727K | 20x | as long as short |
| edgeX 牛来USDCshort | +0.0204% | 4h | 0.1088 | +1.141% | $40K | $299K | 5x | |
| BingX NIULAI-USDT | +0.0823% | 4h | 0.1072 | −0.316% | — | $876K | — | as long as short |
| Bybit NIULAIUSDTlong | +0.0890% | 4h | 0.1076 | long leg | $3.4M | $6.9M | 20x |
Bybit NIULAIUSDT
edgeX 牛来USDC
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
MEXC NIULAI_USDT
BingX NIULAI-USDT