Funding you earn now, next payment 08:00 UTC+0.0690%/8h= +75.6% APRnext payment +$3.45 per $10,000 · paid last 24h +0.242%
Price spread now: BingX against MEXC−0.115%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs+$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$540.543% of the position
Funding, last 7 days+0.929%+$93 on $10k
+Price spread, last 7 days+0.229%+$23 · spread now −0.115%, 7d avg +0.027%
=Funding pays, the price is against you. BingX is 0.142% cheaper against MEXC than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of +0.027%). If the spread goes back, that is −$14 on $10k: about 16 hours of funding at the current rate (+$21 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIULAI_USDT | 0.1045 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $1.8M | $743K | 20x |
| Short | BingX NIULAI-USDT | 0.1043 | 0.0790 | get 0.0395% / 4h | 3h 15m | — | $886K | — |
MEXC NIULAI_USDT
BingX NIULAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $144.9
- Price spread: −0.115% → +0.027%
- −$14.22
- Slippage, 4 orders
- −$40.32
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $76.36
- Costs to cover
- 0.543%
- Break-even
- 3.3 days
Slippage from MEXC: live order book, 6 min ago; BingX: live order book, 13 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 MEXC live order book, 6 min ago | 1.43 bp | 8.5 bp −$8 | 99.6 bp −$996 | 709.0 bp −$70.9K | doesn't fit |
| Sell BingX live order book, 13 min ago | 1.43 bp | 17.2 bp −$17 | 60.9 bp −$609 | 335.6 bp −$33.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC NIULAI_USDTlong | +0.0100% | 4h | 0.1045 | long leg | $1.8M | $743K | 20x | |
| KuCoin NIULAIUSDTM | +0.0100% | 4h | 0.1044 | −0.010% | $190K | $1.5M | 10x | as long as short |
| edgeX 牛来USDC | +0.0100% | 4h | 0.1045 | +0.026% | $39K | $302K | 5x | as long as short |
| SoDEX NIULAI-USD | +0.0100% | 1h | 0.1044 | −0.010% | $5K | $8K | 10x | as long as short |
| Bybit NIULAIUSDT | +0.0566% | 4h | 0.1045 | +0.038% | $3.2M | $7.1M | 20x | as long as short |
| BingX NIULAI-USDTshort | +0.0790% | 4h | 0.1043 | −0.115% | — | $886K | — |
KuCoin NIULAIUSDTM
edgeX 牛来USDC
SoDEX NIULAI-USD
Bybit NIULAIUSDT