NIULAI Funding Rate — live across 4 venues
Compared across 4 supported venues · net of estimated fees · updated every few minutes
Live annualized NIULAI perpetual funding across all 4 venues Perpia tracks. Right now NIULAI funding is positive on 4 and negative on 0, ranging from +240.5% on BingX to +44.7% on KuCoin — a spread of 195.8%. The widest delta-neutral trade is long KuCoin / short BingX at 191.1% net APR.
NIULAI funding trend & liquidity
81h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
NIULAI funding rate by venue
6 pairs scannedRates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the KuCoin vs BingX page.
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NIULAI funding — FAQ
Is NIULAI funding positive right now?
NIULAI perpetual funding is positive on 4 of 4 venues Perpia tracks. The highest is +240.5% on BingX; the lowest is +44.7% on KuCoin.
What is the best NIULAI funding arbitrage right now?
Go long KuCoin and short BingX for about 191.1% net APR after fees — the widest delta-neutral NIULAI spread Perpia currently sees.
Which exchange has the highest NIULAI funding rate?
BingX, at +240.5% annualized. Funding shifts continuously, so check the live table above before trading.
How NIULAI funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to NIULAI
Markets also quoted on both BingX and KuCoin — the same two exchanges you would already have funded for the NIULAI trade.
See every spread between them on the BingX vs KuCoin page.