Settings8H · net · $10k
Funding arb · Price arb /

NBIS

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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: 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.285%+$29 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NBIS-USDT231.000get 0.0000% / 8h1h 12m$1K$1.6M10x
ShortKuCoin NBISUSDTM230.760.0100get 0.0100% / 8h1h 12m$476K$20K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 3 min ago45.07 bp63.6 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 32 min ago23.88 bp62.1 bp −$62doesn't fitdoesn't fitdoesn't fit

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NBISUSDT−0.0572%8h230.96−0.017%$2.3M$4.5M20xas long as short
Aster NBISUSDT0.0000%8h230.77−0.102%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h230.88−0.050%$149K$635K10xas long as short
Binance NBISUSDT0.0000%8h230.94−0.024%$18.5M$87.5M25xas long as short
Bybit NBISUSDT0.0000%8h230.97−0.013%$4.9M$6.7M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.89−0.048%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h230.99−0.004%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h230.80−0.087%$2.8M$599Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h230.82−0.077%$5K$116K10xas long as short
SunX NBIS-USDTlong0.0000%8h231.00long leg$1K$1.6M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h230.77−0.100%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h230.99−0.004%$1.6M$964K10xas long as short
BloFin NBIS-USDT+0.0012%8h230.74−0.113%$203K$205K20xas long as short
Arcus NBIS-USD+0.0040%1h230.71−0.126%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.76−0.104%$222K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.84−0.069%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.90−0.043%$129$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.72−0.121%$151K$543K10xas long as short
QFEX NBIS-USD+0.0056%1h230.87−0.056%$1.5M$3.8M10xas long as short
Nado NBIS-PERP+0.0057%1h230.74−0.114%$37K$115K3xas long as short
tradeXYZ xyz:NBIS+0.0083%1h230.87−0.056%$54.2M$21.1M10xas long as short
KuCoin NBISUSDTMshort+0.0100%8h230.76−0.104%$476K$20K20x
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.89−0.048%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h230.88−0.054%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0120%1h230.38−0.268%$352K$814K10xas long as short
Lighter NBIS+0.0184%1h230.87−0.056%$944K$4.0M10xas long as short
Phoenix NBIS+0.0311%1h230.85−0.065%$7K$150K10xas long as short
Entropy io:NBIS+0.0343%1h230.80−0.087%$10.1M$3.1M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0487%1h230.87−0.056%$34K$49K10xas long as short
edgeX NBISUSDC+0.0499%4h230.75−0.108%$37K$228K10xas long as short
Kraken Futures PF_NBISUSD+0.0685%1h230.80−0.088%$23K$15K20xas long as short