Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: KuCoin against Polymarket Perps−0.043%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$3023.022% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now −0.043%, 7d avg −0.051%
=The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NBIS-USD | 232.16 | 0.0050 | pay 0.0006% / 1h | 5m 31s | $138K | $473K | 10x |
| Short | KuCoin NBISUSDTM | 232.06 | 0.0100 | get 0.0100% / 8h | 2h 05m | $478K | $20K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Polymarket Perps. 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
- $10.5
- Price spread: −0.043% → −0.051%
- $0.84
- Slippage, 4 orders
- −$282.19
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$290.86
- Costs to cover
- 3.022%
- Break-even
- 200.9 days
Slippage from Polymarket Perps: live order book, 42 min ago; KuCoin: live order book, 53 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 Polymarket Perps live order book, 42 min ago | 1.73 bp | 7.4 bp −$7 | 7.8 bp −$78 | 32.0 bp −$3,204 | doesn't fit |
| Sell KuCoin live order book, 53 min ago | 28.27 bp | 155.0 bp −$155 | 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 | −0.0417% | 8h | 232.31 | +0.065% | $2.3M | $4.6M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0009% | 8h | 232.38 | +0.095% | $203K | $206K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.06 | −0.043% | $85K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.26 | +0.045% | $146K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.25 | +0.039% | $18.6M | $87.0M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.28 | +0.052% | $4.9M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.31 | +0.065% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.30 | +0.060% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.29 | +0.058% | $2.8M | $602K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.27 | +0.046% | $5K | $117K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 232.35 | +0.082% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.23 | +0.030% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.34 | +0.078% | $1.6M | $957K | 10x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 232.17 | +0.004% | $1.5M | $3.9M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.11 | −0.022% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.24 | +0.034% | — | $220K | 5x | as long as short |
| Polymarket Perps NBIS-USDlong | +0.0050% | 1h | 232.16 | long leg | $138K | $473K | 10x | |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.29 | +0.056% | $151K | $548K | 10x | as long as short |
| Nado NBIS-PERP | +0.0051% | 1h | 232.02 | −0.060% | $38K | $115K | 3x | as long as short |
| KuCoin NBISUSDTMshort | +0.0100% | 8h | 232.06 | −0.043% | $478K | $20K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.27 | +0.047% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.23 | +0.030% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0114% | 1h | 232.16 | 0.000% | $54.6M | $21.1M | 10x | as long as short |
| SoDEX NBIS-USD | +0.0153% | 1h | 232.30 | +0.060% | $79 | $20K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 232.18 | +0.009% | $352K | $816K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 232.29 | +0.057% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 232.20 | +0.017% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0272% | 1h | 232.25 | +0.039% | $939K | $4.0M | 10x | as long as short |
| Entropy io:NBIS | +0.0400% | 1h | 232.07 | −0.039% | $10.1M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0630% | 4h | 232.29 | +0.056% | $37K | $226K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0785% | 1h | 232.21 | +0.022% | $34K | $49K | 10x | as long as short |
Polymarket Perps NBIS-USD
KuCoin NBISUSDTM
Bitget NBISUSDT
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
tradeXYZ xyz:NBIS
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
Lighter NBIS
edgeX NBISUSDC
Deribit NBIS_USDC-PERPETUAL