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 04:00 UTC−0.0322%/8h= −35.3% APRnext payment $1.61 per $10,000 · paid last 24h −0.122%
Price spread now: KuCoin against edgeX−2.173%68s7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1891.890% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.399%+$40 on $10k
Price spread, last 3 days (all we have)+2.346%+$235 · spread now −2.173%, 7d avg +0.038%
Together, before fees+2.745%+ Points / potential airdropedgeX: Active · farm board+$275 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 2.211% cheaper against edgeX than usual: you would sell low and buy high (−$221 if the spread goes back to its 7-day average of +0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.399%, so the current rate has only just turned against you. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 牛来USDC0.10870.0422pay 0.0211% / 4h2h 56m$40K$302K5x
ShortKuCoin NIULAIUSDTM0.10640.0100get 0.0050% / 4h2h 56m$188K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
−$67.69
Price spread: −2.173% → +0.038%
−$221.06
Slippage, 4 orders
−$168.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$477.77
Costs to cover
1.890%
Break-even
never at this rate
Slippage from edgeX: live order book, 12 min ago; KuCoin: live order book, 5 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 edgeX live order book, 12 min ago4.53 bp29.7 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago12.88 bp48.5 bp −$48doesn'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
Bybit NIULAIUSDT+0.0100%4h0.1069−1.676%$2.8M$6.2M20xas long as short
KuCoin NIULAIUSDTMshort+0.0100%4h0.1064−2.173%$188K$1.6M10x
SoDEX NIULAI-USD+0.0100%1h0.1067−1.851%$220$7K10xas long as short
MEXC NIULAI_USDT+0.0410%4h0.1066−1.943%$1.8M$708K20xas long as short
edgeX 牛来USDClong+0.0422%4h0.1087long leg$40K$302K5x
BingX NIULAI-USDT+0.1322%4h0.1067−1.832%$882Kas long as short