Funding you earn now, next payment 03:00 UTC+0.0165%/8h= +18.1% APRpaid last 24h +0.121%
Price spread now: edgeX against SoDEX+0.040%75s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and edgeX is 0.040% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 75 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 | SoDEX NIULAI-USD | 0.1045 | 0.0100 | pay 0.0013% / 1h | 46m 08s | $215 | $6K | 10x |
| Short | edgeX 牛来USDC | 0.1046 | 0.0265 | get 0.0133% / 4h | 1h 46m | $39K | $304K | 5x |
SoDEX NIULAI-USD
edgeX 牛来USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SoDEX. 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
- $34.74
- Price spread: +0.040% → 0.000%
- $4.03
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $21.78
- Costs to cover
- 0.170%
- Break-even
- 2.6 days
Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 17 min ago. Net counts fees only.
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 SoDEX no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 17 min ago | 4.67 bp | 45.9 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 NIULAIUSDTM | +0.0100% | 4h | 0.1044 | −0.115% | $186K | $1.5M | 10x | as long as short |
| SoDEX NIULAI-USDlong | +0.0100% | 1h | 0.1045 | long leg | $215 | $6K | 10x | |
| MEXC NIULAI_USDT | +0.0248% | 4h | 0.1044 | −0.077% | $1.8M | $685K | 20x | as long as short |
| edgeX 牛来USDCshort | +0.0265% | 4h | 0.1046 | +0.040% | $39K | $304K | 5x | |
| Bybit NIULAIUSDT | +0.0528% | 4h | 0.1045 | −0.019% | $2.9M | $6.2M | 20x | as long as short |
| BingX NIULAI-USDT | +0.1166% | 4h | 0.1045 | −0.048% | — | $851K | — | as long as short |
KuCoin NIULAIUSDTM
MEXC NIULAI_USDT
Bybit NIULAIUSDT
BingX NIULAI-USDT