Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate+0.052%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$331as in the Price arb table
costs, in and out, $10k−$3453.450% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.052%, 7d avg −0.084%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.136% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NBIS_USDT | 229.26 | 0 | get 0.0000% / 8h | 7h 43m | $2.7M | $5.1M | 50x |
| Short | KuCoin NBISUSDTM | 229.38 | 0.0100 | get 0.0100% / 8h | 7h 43m | $472K | $50K | 20x |
Gate NBIS_USDT
KuCoin NBISUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $21
- Price spread: +0.052% → −0.084%
- $13.63
- Slippage, 4 orders
- −$318.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$310.37
- Costs to cover
- 3.450%
- Break-even
- 110.5 days
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 50 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 Gate live order book, 5 min ago | 2.40 bp | 23.0 bp −$23 | 33.1 bp −$331 | 59.5 bp −$5,950 | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 23.35 bp | 152.0 bp −$152 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0301% | 8h | 229.21 | −0.022% | $2.3M | $4.5M | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.0099% | 1h | 229.09 | −0.074% | $34K | $49K | 10x | as long as short |
| BloFin NBIS-USDT | −0.0028% | 8h | 229.39 | +0.057% | $203K | $213K | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 229.39 | +0.057% | $355K | $806K | 10x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 229.38 | +0.053% | $83K | $313K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 229.19 | −0.030% | $147K | $880K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 229.21 | −0.022% | $18.6M | $88.5M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 229.32 | +0.026% | $4.9M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 229.15 | −0.048% | $3.2M | $15.8M | 25x | as long as short |
| Gate NBIS_USDTlong | 0.0000% | 8h | 229.26 | long leg | $2.7M | $5.1M | 50x |
Bitget NBISUSDT
Deribit NBIS_USDC-PERPETUAL
BloFin NBIS-USDT
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NBIS | 0.0000% | 8h | 229.08 | −0.080% | $2.8M | $576K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 229.57 | +0.134% | $4K | $114K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 229.53 | +0.118% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 229.52 | +0.113% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 229.27 | +0.004% | $1.5M | $972K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 229.31 | +0.022% | $42K | $124K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 229.36 | +0.044% | — | $224K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 229.35 | +0.039% | $136K | $466K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 229.24 | −0.009% | $64 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 229.44 | +0.079% | $148K | $539K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0055% | 1h | 229.35 | +0.039% | $53.5M | $21.4M | 10x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 229.42 | +0.070% | $1.5M | $3.7M | 10x | as long as short |
| Nado NBIS-PERP | +0.0078% | 1h | 229.40 | +0.063% | $38K | $116K | 3x | as long as short |
| KuCoin NBISUSDTMshort | +0.0100% | 8h | 229.38 | +0.052% | $472K | $50K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 229.23 | −0.013% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 229.24 | −0.009% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0144% | 1h | 229.21 | −0.022% | $920K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 229.23 | −0.013% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0376% | 1h | 229.53 | +0.118% | $10.0M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0681% | 1h | 229.22 | −0.017% | $22K | $16K | 20x | as long as short |
| edgeX NBISUSDC | +0.0905% | 4h | 229.58 | +0.141% | $37K | $228K | 10x | as long as short |
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
QFEX NBIS-USD
Nado NBIS-PERP
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD
edgeX NBISUSDC