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+0.0476%/8h= +52.1% APRnext payment +$2.38 per $10,000 · paid last 24h +0.122%
Price spread now: edgeX against KuCoin−0.155%113s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2022.018% 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)−0.019%−$2 · spread now −0.155%, 7d avg −0.038%
Together, before fees−0.418%+ Points / potential airdropedgeX: Active · farm board−$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.117% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.155% now, against its 7-day average of −0.038%). If the spread goes back, that is −$12 on $10k: about 20 hours of funding at the current rate (+$14 a day). Mind the row above: over the last 7 days funding on this pair cost −0.399%, so the current rate has only just turned in your favour. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NIULAIUSDTM0.10780.0100pay 0.0050% / 4h3h 45m$189K$1.7M10x
ShortedgeX 牛来USDC0.10760.0576get 0.0288% / 4h3h 45m$40K$304K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
$99.99
Price spread: −0.155% → −0.038%
−$11.67
Slippage, 4 orders
−$180.81
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$113.49
Costs to cover
2.018%
Break-even
14.9 days
Slippage from KuCoin: live order book, just now; edgeX: live order book, 27 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 KuCoin live order book, just now12.53 bp42.7 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 27 min ago4.64 bp66.2 bp −$66doesn'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%4h0.1080+0.148%$2.9M$6.3M20xas long as short
KuCoin NIULAIUSDTMlong+0.0100%4h0.1078long leg$189K$1.7M10x
SoDEX NIULAI-USD+0.0100%1h0.1077−0.056%$223$8K10xas long as short
MEXC NIULAI_USDT+0.0556%4h0.1079+0.102%$1.7M$683K20xas long as short
edgeX 牛来USDCshort+0.0576%4h0.1076−0.155%$40K$304K5x
BingX NIULAI-USDT+0.1380%4h0.1079+0.083%$902Kas long as short