Funding you earn now, next payment 12:00 UTC+0.0724%/8h= +79.3% APRnext payment +$3.62 per $10,000 · paid last 24h +0.353%
Price spread now: BingX against KuCoin+0.318%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$446as in the Funding arb table
Net, price: spread back to 7d avg − costs−$465as in the Price arb table
costs, in and out, $10k−$5035.031% of the position
Funding, last 7 days+0.576%+$58 on $10k
+Price spread, last 7 days−0.419%−$42 · spread now +0.318%, 7d avg −0.061%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and BingX is 0.379% dearer against KuCoin than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NIULAIUSDTM | 0.1068 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $217K | $1.3M | 10x |
| Short | BingX NIULAI-USDT | 0.1071 | 0.0824 | get 0.0412% / 4h | 2h 55m | — | $874K | — |
KuCoin NIULAIUSDTM
BingX NIULAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $152.04
- Price spread: +0.318% → −0.061%
- $37.92
- Slippage, 4 orders
- −$481.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$313.17
- Costs to cover
- 5.031%
- Break-even
- 21.4 days
Slippage from KuCoin: live order book, 10 min ago; BingX: live order book, 48 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 KuCoin live order book, 10 min ago | 12.83 bp | 41.4 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 48 min ago | 1.86 bp | 17.8 bp −$18 | 70.0 bp −$700 | 487.4 bp −$48.7K | 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 NIULAIUSDTMlong | +0.0100% | 4h | 0.1068 | long leg | $217K | $1.3M | 10x | |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1072 | +0.412% | $415 | $11K | 10x | as long as short |
| MEXC NIULAI_USDT | +0.0260% | 4h | 0.1069 | +0.131% | $1.9M | $693K | 20x | as long as short |
| edgeX 牛来USDC | +0.0266% | 4h | 0.1082 | +1.359% | $40K | $297K | 5x | as long as short |
| Bybit NIULAIUSDT | +0.0761% | 4h | 0.1071 | +0.347% | $3.4M | $6.8M | 20x | as long as short |
| BingX NIULAI-USDTshort | +0.0824% | 4h | 0.1071 | +0.318% | — | $874K | — |
SoDEX NIULAI-USD
MEXC NIULAI_USDT
edgeX 牛来USDC
Bybit NIULAIUSDT