NAORIS

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0322%/8h= +35.3% APRnext payment +$1.61 per $10,000 · paid last 24h +0.015%

Price spread now: KuCoin against Bybit+0.447%7-day average −0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,470as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,416as in the Price arb table

costs, in and out, $10k−$1,47114.714% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 4 days (all we have)−0.755%−$75 · spread now +0.447%, 7d avg −0.108%

Together, before fees−0.740%−$74 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.555% dearer against Bybit than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of −0.108%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.61 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NAORISUSDT	0.03802	0.0100	pay 0.0050% / 4h	1h 28m	$1.1M	$401K	20x
Short	KuCoin NAORISUSDTM	0.03819	0.0422	get 0.0211% / 4h	1h 28m	$445K	$27K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.447%Rate

Funding earned: $67.62
Price spread: +0.447% → −0.108%: $55.54
Slippage, 4 orders: −$1,448.43
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,348.27
Costs to cover: 14.714%
Break-even: 146.6 days

Slippage from Bybit: live order book, 10 min ago; KuCoin: live order book, 6 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 Bybit live order book, 10 min ago	11.71 bp	118.7 bp −$119	3325.6 bp −$33.3K	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	24.86 bp	545.0 bp −$545	doesn't fit	doesn't fit	doesn't fit

NAORIS on 11 exchanges

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
Bybit NAORISUSDTlong	+0.0100%	4h	0.03802	long leg	$1.1M	$401K	20x
Gate NAORIS_USDT	+0.0100%	4h	0.03808	+0.158%	$296K	$13K	20x	as long as short
Bitget NAORISUSDT	+0.0100%	4h	0.03820	+0.473%	$3.4M	$242K	10x	as long as short
Variational Omni NAORIS	+0.0100%	4h	0.03807	+0.121%	$79K	$25K	—	as long as short
Aster NAORISUSDT	+0.0281%	4h	0.03812	+0.275%	$5K	$6K	5x	as long as short
KuCoin NAORISUSDTMshort	+0.0422%	4h	0.03819	+0.447%	$445K	$27K	10x
BingX NAORIS-USDT	+0.0428%	4h	0.03809	+0.184%	—	$1.3M	—	as long as short
Binance NAORISUSDT	+0.0436%	4h	0.03810	+0.210%	$5.1M	$1.3M	10x	as long as short
Extended NAORIS-USD	+0.0440%	1h	0.03809	+0.180%	$3K	$169K	5x	as long as short
MEXC NAORIS_USDT	+0.0440%	4h	0.03803	+0.026%	$4.5M	$233K	100x	as long as short

Show all 11 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin NAORIS-USDT	+0.0464%	4h	0.03818	+0.421%	$301K	$12K	10x	as long as short