NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.92 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against KuCoin+0.182%80s7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$316as 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−$3103.101% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 4 days (all we have)−0.190%−$19 · spread now +0.182%, 7d avg +0.074%

Together, before fees−0.252%−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.108% dearer against KuCoin than usual: you sell high and buy low (spread +0.182% now, against its 7-day average of +0.074%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 7 days (−0.062% in total) that is about 12 days. The two prices were read 80 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	KuCoin NBISUSDTM	230.45	0.0100	pay 0.0100% / 8h	1h 43m	$475K	$20K	20x
Short	BloFin NBIS-USDT	230.87	0.0008	get 0.0008% / 8h	1h 43m	$203K	$205K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.182%Rate

Funding earned: −$19.28
Price spread: +0.182% → +0.074%: $10.85
Slippage, 4 orders: −$286.06
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$318.5
Costs to cover: 3.101%
Break-even: never at this rate

Slippage from KuCoin: live order book, 74 min ago; BloFin: live order book, 32 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, 74 min ago	28.27 bp	134.1 bp −$134	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 32 min ago	0.86 bp	11.2 bp −$11	21.6 bp −$216	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	−0.0441%	8h	230.57	+0.052%	$2.3M	$4.5M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	230.58	+0.055%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.42	−0.013%	$144K	$688K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.50	+0.021%	$18.5M	$87.2M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	230.40	−0.022%	$4.9M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.40	−0.022%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.64	+0.082%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.87	+0.184%	$2.8M	$602K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.91	+0.199%	$5K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	230.94	+0.213%	$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
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	230.58	+0.056%	$34K	$49K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	230.86	+0.178%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.65	+0.087%	$1.6M	$963K	10x	as long as short
BloFin NBIS-USDTshort	+0.0008%	8h	230.87	+0.182%	$203K	$205K	20x
Arcus NBIS-USD	+0.0040%	1h	230.86	+0.178%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.64	+0.082%	—	$221K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.67	+0.095%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.64	+0.082%	$92	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.65	+0.087%	$151K	$547K	10x	as long as short
QFEX NBIS-USD	+0.0056%	1h	230.85	+0.174%	$1.5M	$3.9M	10x	as long as short
Nado NBIS-PERP	+0.0070%	1h	230.70	+0.107%	$37K	$115K	3x	as long as short
edgeX NBISUSDC	+0.0082%	4h	230.87	+0.184%	$37K	$227K	10x	as long as short
KuCoin NBISUSDTMlong	+0.0100%	8h	230.45	long leg	$475K	$20K	20x
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.69	+0.104%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.66	+0.090%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0120%	1h	230.50	+0.022%	$350K	$812K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0149%	1h	230.33	−0.052%	$54.1M	$21.0M	10x	as long as short
Lighter NBIS	+0.0240%	1h	230.72	+0.117%	$945K	$4.0M	10x	as long as short
Phoenix NBIS	+0.0311%	1h	231.29	+0.365%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0430%	1h	230.96	+0.221%	$10.0M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0685%	1h	230.66	+0.092%	$23K	$15K	20x	as long as short