NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bitget−0.171%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$179as in the Funding arb table

Net, price: spread back to 7d avg − costs−$192as in the Price arb table

costs, in and out, $10k−$1811.808% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.085%+$9 · spread now −0.171%, 7d avg −0.061%

Together, before fees+0.104%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.110% cheaper against Bitget than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.061%). If the spread goes back, that is −$11 on $10k: about 3.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.019% in total) that is about 41 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NBISUSDT	234.25	0	get 0.0000% / 8h	3h 48m	$2.4M	$4.4M	20x
Short	KuCoin NBISUSDTM	233.85	0.0100	get 0.0100% / 8h	3h 48m	$482K	$20K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.171%Rate

Funding earned: $21
Price spread: −0.171% → −0.061%: −$10.98
Slippage, 4 orders: −$156.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$170.78
Costs to cover: 1.808%
Break-even: 63.9 days

Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 24 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 Bitget live order book, 4 min ago	2.56 bp	15.5 bp −$15	24.6 bp −$246	38.1 bp −$3,815	doesn't fit
Sell KuCoin live order book, 24 min ago	18.93 bp	72.6 bp −$73	doesn't fit	doesn't fit	doesn't fit

NBIS on 31 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
Bybit NBISUSDT	0.0000%	8h	234.16	−0.038%	$5.0M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.25	0.000%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.85	−0.171%	$2.7M	$5.0M	50x	as long as short
Bitget NBISUSDTlong	0.0000%	8h	234.25	long leg	$2.4M	$4.4M	20x
Variational Omni NBIS	0.0000%	8h	234.15	−0.041%	$2.9M	$558K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.45	+0.085%	$4K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	233.96	−0.124%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.17	−0.034%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.93	−0.137%	$1.6M	$953K	10x	as long as short
Aster NBISUSDT	+0.0002%	8h	234.18	−0.028%	$79K	$310K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NBISUSDT	+0.0004%	8h	234.09	−0.067%	$19.3M	$84.6M	25x	as long as short
Extended NBIS-USD	+0.0008%	1h	234.05	−0.085%	$147K	$699K	10x	as long as short
BloFin NBIS-USDT	+0.0027%	8h	234.04	−0.090%	$207K	$206K	20x	as long as short
QFEX NBIS-USD	+0.0034%	1h	233.97	−0.120%	$1.5M	$4.1M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	233.98	−0.115%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.15	−0.043%	—	$216K	5x	as long as short
Kraken Futures PF_NBISUSD	+0.0049%	1h	233.77	−0.206%	$23K	$15K	20x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	233.88	−0.158%	$147K	$456K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	233.83	−0.179%	$75	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.88	−0.158%	$160K	$501K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0056%	1h	234.03	−0.094%	$54.6M	$19.9M	10x	as long as short
Nado NBIS-PERP	+0.0079%	1h	233.83	−0.177%	$38K	$115K	3x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0092%	1h	233.91	−0.145%	$35K	$49K	10x	as long as short
KuCoin NBISUSDTMshort	+0.0100%	8h	233.85	−0.171%	$482K	$20K	20x
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.88	−0.158%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.87	−0.162%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	235.56	+0.559%	$389K	$724K	10x	as long as short
Phoenix NBIS	+0.0239%	1h	234.02	−0.098%	$7K	$150K	10x	as long as short
Lighter NBIS	+0.0248%	1h	234.21	−0.017%	$907K	$3.9M	10x	as long as short
Entropy io:NBIS	+0.0284%	1h	234.10	−0.064%	$10.2M	$3.2M	10x	as long as short
edgeX NBISUSDC	+0.0306%	4h	234.38	+0.053%	$38K	$226K	10x	as long as short