After costs, if the gap returns to its 7d average, $10k−$219
spread now+0.076%7d average−0.099%fees + slippage, in and out−$236spread needed2.363%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NIULAIUSDTM | 0.1050 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $206K | $1.7M | 10x |
| Short | Bybit NIULAIUSDT | 0.1051 | 0.0152 | get 0.0076% / 4h | 2h 43m | $2.9M | $6.5M | 20x |
KuCoin NIULAIUSDTM
Bybit NIULAIUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $7.62
- Funding while held
- $1.56
- Slippage, 4 orders
- −$213.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$227.16
- Spread needed to break even
- 2.363%
Slippage from KuCoin: live order book, 9 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0052%
- Per $10,000 a day
- +$1.56
- Average in range /8h
- —
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, 9 min ago | 12.30 bp | 43.0 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.27 bp | 75.6 bp −$76 | 219.4 bp −$2,194 | doesn't fit | doesn't fit |
NIULAI price on every exchange
against the cheapest. Click to use as the short leg.KuCoin0.1050cheapest
Bybit0.1051+0.076%
BingX0.1051+0.095%SoDEX0.1052+0.152%MEXC0.1052+0.181%edgeX0.1052+0.183%
BingX
SoDEX
MEXCNIULAI on 6 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin NIULAIUSDTMlong | 0.000% | +0.0100% | 4h | $206K | $1.7M | 10x | |
| Bybit NIULAIUSDTshort | +0.076% | +0.0152% | 4h | $2.9M | $6.5M | 20x | |
| BingX NIULAI-USDT | +0.095% | +0.0876% | 4h | — | $912K | — | as long as short |
| SoDEX NIULAI-USD | +0.152% | +0.0100% | 1h | $220 | $8K | 10x | as long as short |
| MEXC NIULAI_USDT | +0.181% | +0.0934% | 4h | $1.8M | $633K | 20x | as long as short |
| edgeX 牛来USDC | +0.183% | +0.0920% | 4h | $39K | $298K | 5x | as long as short |