Funding you earn now, next payment 04:00 UTC+0.0797%/8h= +87.2% APRnext payment +$3.98 per $10,000 · paid last 24h +0.294%
Price spread now: BingX against edgeX+0.522%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$1391.391% of the position
Funding, last 7 days+0.882%+$88 on $10k
+Price spread, last 3 days (all we have)−0.421%−$42 · spread now +0.522%, 7d avg +0.033%
=Together, before fees+0.461%+ Points / potential airdropedgeX: Active · farm board+$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BingX is 0.489% dearer against edgeX than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX 牛来USDC | 0.1071 | 0.0591 | pay 0.0296% / 4h | 3h 49m | $40K | $303K | 5x |
| Short | BingX NIULAI-USDT | 0.1076 | 0.1388 | get 0.0694% / 4h | 3h 49m | — | $907K | — |
edgeX 牛来USDC
BingX NIULAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against edgeX. 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
- $167.3
- Price spread: +0.522% → +0.033%
- $48.9
- Slippage, 4 orders
- −$120.07
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $77.13
- Costs to cover
- 1.391%
- Break-even
- 3.8 days
Slippage from edgeX: live order book, 24 min ago; BingX: live order book, 40 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 edgeX live order book, 24 min ago | 4.64 bp | 39.9 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 40 min ago | 1.38 bp | 18.1 bp −$18 | 64.8 bp −$648 | 433.5 bp −$43.4K | 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 | 0.1076 | +0.540% | $2.9M | $6.4M | 20x | as long as short |
| KuCoin NIULAIUSDTM | +0.0100% | 4h | 0.1075 | +0.409% | $189K | $1.7M | 10x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1074 | +0.297% | $222 | $8K | 10x | as long as short |
| MEXC NIULAI_USDT | +0.0576% | 4h | 0.1076 | +0.475% | $1.7M | $683K | 20x | as long as short |
| edgeX 牛来USDClong | +0.0591% | 4h | 0.1071 | long leg | $40K | $303K | 5x | |
| BingX NIULAI-USDTshort | +0.1388% | 4h | 0.1076 | +0.522% | — | $907K | — |
Bybit NIULAIUSDT
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
MEXC NIULAI_USDT