Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against GRVT+0.010%53s7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1541.542% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.010%, 7d avg −0.068%
=Together, before fees−0.114%+ Points / potential airdropGRVT: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.079% dearer against GRVT than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.068%. The two prices were read 53 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 | GRVT NBIS_USDT_Perp | 230.38 | 0 | get 0.0000% / 8h | 1h 40m | $5K | $116K | 10x |
| Short | KuCoin NBISUSDTM | 230.40 | 0.0100 | get 0.0100% / 8h | 1h 40m | $475K | $20K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against GRVT. 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: +0.010% → −0.068%
- $7.86
- Slippage, 4 orders
- −$133.19
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$125.33
- Costs to cover
- 1.542%
- Break-even
- 48.8 days
Slippage from GRVT: live order book, 62 min ago; KuCoin: live order book, 3 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 GRVT live order book, 62 min ago | 1.73 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 23.88 bp | 62.1 bp −$62 | 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 | −0.0493% | 8h | 230.68 | +0.132% | $2.3M | $4.6M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 230.55 | +0.076% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 230.65 | +0.118% | $144K | $670K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 230.55 | +0.075% | $18.5M | $87.3M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 230.57 | +0.084% | $4.9M | $6.6M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.51 | +0.058% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 230.56 | +0.080% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 230.48 | +0.045% | $2.8M | $602K | — | as long as short |
| GRVT NBIS_USDT_Perplong | 0.0000% | 8h | 230.38 | long leg | $5K | $116K | 10x | |
| SunX NBIS-USDT | 0.0000% | 8h | 230.52 | +0.062% | $1K | $1.6M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 230.50 | +0.054% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.51 | +0.058% | $1.6M | $963K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0014% | 8h | 230.45 | +0.032% | $204K | $205K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.49 | +0.049% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.44 | +0.027% | — | $221K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.48 | +0.045% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 230.33 | −0.020% | $88 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.31 | −0.029% | $152K | $547K | 10x | as long as short |
| QFEX NBIS-USD | +0.0056% | 1h | 230.58 | +0.088% | $1.5M | $3.9M | 10x | as long as short |
| Nado NBIS-PERP | +0.0075% | 1h | 230.49 | +0.049% | $37K | $115K | 3x | as long as short |
| KuCoin NBISUSDTMshort | +0.0100% | 8h | 230.40 | +0.010% | $475K | $20K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.44 | +0.027% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.36 | −0.007% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0120% | 1h | 230.47 | +0.040% | $351K | $812K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0137% | 1h | 230.47 | +0.040% | $54.2M | $21.0M | 10x | as long as short |
| Lighter NBIS | +0.0216% | 1h | 230.51 | +0.058% | $946K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0311% | 1h | 230.47 | +0.040% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0372% | 1h | 230.60 | +0.097% | $10.0M | $3.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.0470% | 4h | 230.86 | +0.211% | $37K | $228K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0488% | 1h | 230.42 | +0.019% | $34K | $49K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0686% | 1h | 230.48 | +0.045% | $23K | $15K | 20x | as long as short |
GRVT NBIS_USDT_Perp
KuCoin NBISUSDTM
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
tradeXYZ xyz:NBIS
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC
Deribit NBIS_USDC-PERPETUAL
Kraken Futures PF_NBISUSD