Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: Gate against KuCoin+0.013%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1811.813% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.085%+$9 · spread now +0.013%, 7d avg +0.083%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.070% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.083%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NBISUSDTM | 234.29 | 0.0100 | pay 0.0100% / 8h | 3h 46m | $483K | $20K | 20x |
| Short | Gate NBIS_USDT | 234.32 | 0 | get 0.0000% / 8h | 3h 46m | $2.8M | $5.0M | 50x |
KuCoin NBISUSDTM
Gate NBIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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: +0.013% → +0.083%
- −$7.03
- Slippage, 4 orders
- −$154.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$209.36
- Costs to cover
- 1.813%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 26 min ago; Gate: live order book, 2 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, 26 min ago | 18.93 bp | 77.5 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.20 bp | 15.4 bp −$15 | 71.0 bp −$710 | 295.2 bp −$29.5K | 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 | 234.53 | +0.102% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.43 | +0.060% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDTshort | 0.0000% | 8h | 234.32 | +0.013% | $2.8M | $5.0M | 50x | |
| Bitget NBISUSDT | 0.0000% | 8h | 234.39 | +0.043% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 234.15 | −0.058% | $2.9M | $558K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 233.86 | −0.184% | $4K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.38 | +0.038% | $916 | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.17 | −0.051% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.34 | +0.021% | $1.6M | $953K | 10x | as long as short |
| Aster NBISUSDT | +0.0002% | 8h | 234.66 | +0.160% | $79K | $310K | 50x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Aster NBISUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NBISUSDT | +0.0004% | 8h | 234.44 | +0.064% | $19.3M | $84.6M | 25x | as long as short |
| Extended NBIS-USD | +0.0008% | 1h | 234.36 | +0.029% | $147K | $699K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0011% | 8h | 234.29 | 0.000% | $207K | $206K | 20x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 234.39 | +0.043% | $1.5M | $4.1M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 234.04 | −0.107% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.34 | +0.021% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0048% | 1h | 234.26 | −0.014% | $23K | $15K | 20x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.25 | −0.017% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.24 | −0.021% | $80 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.88 | −0.175% | $160K | $501K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0053% | 1h | 234.38 | +0.038% | $54.7M | $20.0M | 10x | as long as short |
| Nado NBIS-PERP | +0.0081% | 1h | 234.12 | −0.071% | $38K | $115K | 3x | as long as short |
| KuCoin NBISUSDTMlong | +0.0100% | 8h | 234.29 | long leg | $483K | $20K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.28 | −0.004% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.27 | −0.007% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 235.56 | +0.542% | $389K | $724K | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 234.02 | −0.115% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0296% | 1h | 234.43 | +0.060% | $913K | $3.9M | 10x | as long as short |
| Entropy io:NBIS | +0.0332% | 1h | 234.29 | 0.000% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0346% | 4h | 233.86 | −0.184% | $38K | $227K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0391% | 1h | 234.27 | −0.009% | $35K | $49K | 10x | as long as short |
Binance NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Phoenix NBIS
Lighter NBIS
Entropy io:NBIS
edgeX NBISUSDC
Deribit NBIS_USDC-PERPETUAL