Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.04 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against edgeX−0.862%68s7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as 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−$1131.126% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.883%+$88 · spread now −0.862%, 7d avg +0.038%
=Together, before fees+0.880%+ Points / potential airdropedgeX: Active · farm board+$88 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.900% cheaper against edgeX than usual: you would sell low and buy high, −$90 on $10k if it goes back to its 7-day average of +0.038%. The two prices were read 68 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 | edgeX 牛来USDC | 0.1092 | 0.0431 | pay 0.0215% / 4h | 2h 58m | $40K | $304K | 5x |
| Short | MEXC NIULAI_USDT | 0.1083 | 0.0422 | get 0.0211% / 4h | 2h 58m | $1.9M | $708K | 20x |
edgeX 牛来USDC
MEXC NIULAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$1.86
- Price spread: −0.862% → +0.038%
- −$90.04
- Slippage, 4 orders
- −$99.59
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$204.49
- Costs to cover
- 1.126%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 10 min ago; MEXC: live order book, 3 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, 10 min ago | 4.53 bp | 29.7 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.46 bp | 15.0 bp −$15 | 162.1 bp −$1,621 | 872.6 bp −$87.3K | 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 | 0.1083 | −0.825% | $2.9M | $6.2M | 20x | as long as short |
| KuCoin NIULAIUSDTM | +0.0100% | 4h | 0.1084 | −0.780% | $191K | $1.6M | 10x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1088 | −0.377% | $225 | $7K | 10x | as long as short |
| MEXC NIULAI_USDTshort | +0.0422% | 4h | 0.1083 | −0.862% | $1.9M | $708K | 20x | |
| edgeX 牛来USDClong | +0.0431% | 4h | 0.1092 | long leg | $40K | $304K | 5x | |
| BingX NIULAI-USDT | +0.1336% | 4h | 0.1083 | −0.807% | — | $881K | — | as long as short |
Bybit NIULAIUSDT
KuCoin NIULAIUSDTM
SoDEX NIULAI-USD
BingX NIULAI-USDT