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: KuCoin against SunX−0.104%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$262as in the Price arb table
costs, in and out, $10k−$2582.575% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.104%, 7d avg −0.059%
=Funding pays, the price is against you. KuCoin is 0.045% cheaper against SunX than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.059%). If the spread goes back, that is −$5 on $10k: about 36 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NBIS-USDT | 231.00 | 0 | get 0.0000% / 8h | 1h 12m | $1K | $1.6M | 10x |
| Short | KuCoin NBISUSDTM | 230.76 | 0.0100 | get 0.0100% / 8h | 1h 12m | $476K | $20K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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: −0.104% → −0.059%
- −$4.52
- Slippage, 4 orders
- −$237.53
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$241.05
- Costs to cover
- 2.575%
- Break-even
- 87.4 days
Slippage from SunX: live order book, 3 min ago; KuCoin: 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 SunX live order book, 3 min ago | 45.07 bp | 63.6 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 32 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 | −0.0572% | 8h | 230.96 | −0.017% | $2.3M | $4.5M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 230.77 | −0.102% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 230.88 | −0.050% | $149K | $635K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 230.94 | −0.024% | $18.5M | $87.5M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 230.97 | −0.013% | $4.9M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.89 | −0.048% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 230.99 | −0.004% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 230.80 | −0.087% | $2.8M | $599K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 230.82 | −0.077% | $5K | $116K | 10x | as long as short |
| SunX NBIS-USDTlong | 0.0000% | 8h | 231.00 | long leg | $1K | $1.6M | 10x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 230.77 | −0.100% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.99 | −0.004% | $1.6M | $964K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0012% | 8h | 230.74 | −0.113% | $203K | $205K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.71 | −0.126% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.76 | −0.104% | — | $222K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.84 | −0.069% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 230.90 | −0.043% | $129 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.72 | −0.121% | $151K | $543K | 10x | as long as short |
| QFEX NBIS-USD | +0.0056% | 1h | 230.87 | −0.056% | $1.5M | $3.8M | 10x | as long as short |
| Nado NBIS-PERP | +0.0057% | 1h | 230.74 | −0.114% | $37K | $115K | 3x | as long as short |
| tradeXYZ xyz:NBIS | +0.0083% | 1h | 230.87 | −0.056% | $54.2M | $21.1M | 10x | as long as short |
| KuCoin NBISUSDTMshort | +0.0100% | 8h | 230.76 | −0.104% | $476K | $20K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.89 | −0.048% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.88 | −0.054% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0120% | 1h | 230.38 | −0.268% | $352K | $814K | 10x | as long as short |
| Lighter NBIS | +0.0184% | 1h | 230.87 | −0.056% | $944K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0311% | 1h | 230.85 | −0.065% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0343% | 1h | 230.80 | −0.087% | $10.1M | $3.1M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0487% | 1h | 230.87 | −0.056% | $34K | $49K | 10x | as long as short |
| edgeX NBISUSDC | +0.0499% | 4h | 230.75 | −0.108% | $37K | $228K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0685% | 1h | 230.80 | −0.088% | $23K | $15K | 20x | as long as short |
SunX NBIS-USDT
KuCoin NBISUSDTM
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
tradeXYZ xyz:NBIS
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS
Deribit NBIS_USDC-PERPETUAL
edgeX NBISUSDC
Kraken Futures PF_NBISUSD