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: Bitget against KuCoin+0.085%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$227as in the Funding arb table

Net, price: spread back to 7d avg − costs−$223as in the Price arb table

costs, in and out, $10k−$2252.253% of the position

Long on KuCoin Short on Bitget

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)−0.032%−$3 · spread now +0.085%, 7d avg +0.061%

Together, before fees−0.050%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.024% dearer against KuCoin than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.061%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.019% in total) that is about 8.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NBISUSDTM	235.18	0.0100	pay 0.0100% / 8h	4h 17m	$485K	$21K	20x
Short	Bitget NBISUSDT	235.38	0	get 0.0000% / 8h	4h 17m	$2.4M	$4.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.085%Rate

Funding earned: −$21
Price spread: +0.085% → +0.061%: $2.36
Slippage, 4 orders: −$201.3
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$243.94
Costs to cover: 2.253%
Break-even: never at this rate

Slippage from KuCoin: live order book, 65 min ago; Bitget: live order book, 5 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 KuCoin live order book, 65 min ago	21.76 bp	121.7 bp −$122	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	1.91 bp	16.3 bp −$16	26.3 bp −$263	40.8 bp −$4,083	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
Nado NBIS-PERP	−0.0088%	1h	235.26	+0.033%	$38K	$115K	3x	as long as short
Bybit NBISUSDT	0.0000%	8h	235.49	+0.132%	$5.0M	$6.2M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.36	+0.077%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.37	+0.081%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDTshort	0.0000%	8h	235.38	+0.085%	$2.4M	$4.4M	20x
Variational Omni NBIS	0.0000%	8h	235.53	+0.147%	$2.9M	$562K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	235.52	+0.146%	$5K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.36	+0.077%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.41	+0.098%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.41	+0.098%	$1.6M	$955K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX NBIS-USD	+0.0038%	1h	235.29	+0.047%	$1.5M	$4.2M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.27	+0.038%	$43K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.62	+0.187%	—	$216K	5x	as long as short
Aster NBISUSDT	+0.0046%	8h	235.34	+0.068%	$79K	$310K	50x	as long as short
Extended NBIS-USD	+0.0048%	1h	235.31	+0.054%	$150K	$701K	10x	as long as short
Binance NBISUSDT	+0.0049%	8h	235.37	+0.081%	$19.4M	$84.5M	25x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	235.29	+0.047%	$54.8M	$19.8M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.26	+0.034%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	235.30	+0.051%	$38	$21K	10x	as long as short
BloFin NBIS-USDT	+0.0050%	8h	235.39	+0.089%	$207K	$205K	20x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.54	+0.153%	$161K	$503K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	235.56	+0.162%	$389K	$724K	10x	as long as short
edgeX NBISUSDC	+0.0095%	4h	235.47	+0.125%	$38K	$226K	10x	as long as short
KuCoin NBISUSDTMlong	+0.0100%	8h	235.18	long leg	$485K	$21K	20x
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.33	+0.064%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.32	+0.060%	—	—	10x	as long as short
Lighter NBIS	+0.0112%	1h	235.44	+0.111%	$903K	$4.1M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0218%	1h	235.31	+0.055%	$35K	$48K	10x	as long as short
Phoenix NBIS	+0.0272%	1h	235.43	+0.106%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0408%	1h	235.37	+0.081%	$10.2M	$3.2M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0477%	1h	235.30	+0.050%	$24K	$15K	20x	as long as short