Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.012%
Price spread now: KuCoin against Bybit0.000%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$3303.305% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now 0.000%, 7d avg −0.061%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.061% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NBISUSDT | 230.84 | 0 | get 0.0000% / 8h | 7h 59m | $4.9M | $6.7M | 50x |
| Short | KuCoin NBISUSDTM | 230.84 | 0.0100 | get 0.0100% / 8h | 7h 59m | $475K | $35K | 20x |
Bybit NBISUSDT
KuCoin NBISUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: 0.000% → −0.061%
- $6.06
- Slippage, 4 orders
- −$307.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$303.41
- Costs to cover
- 3.305%
- Break-even
- 108.1 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 34 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 Bybit live order book, 4 min ago | 2.38 bp | 12.8 bp −$13 | 63.6 bp −$636 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 min ago | 23.35 bp | 152.0 bp −$152 | 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 | −0.0352% | 8h | 230.73 | −0.048% | $2.3M | $4.5M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0015% | 8h | 230.93 | +0.039% | $204K | $212K | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 230.90 | +0.026% | $357K | $810K | 10x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 230.91 | +0.032% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 230.89 | +0.022% | $145K | $876K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 230.72 | −0.053% | $18.8M | $88.1M | 25x | as long as short |
| Bybit NBISUSDTlong | 0.0000% | 8h | 230.84 | long leg | $4.9M | $6.7M | 50x | |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.58 | −0.113% | $3.3M | $15.9M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 230.82 | −0.009% | $2.7M | $5.0M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 231.10 | +0.112% | $2.8M | $582K | — | as long as short |
Bitget NBISUSDT
BloFin NBIS-USDT
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBISShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.13 | +0.124% | $4K | $115K | 10x | as long as short |
| Nado NBIS-PERP | 0.0000% | 1h | 230.72 | −0.054% | $38K | $116K | 3x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 230.82 | −0.009% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 230.78 | −0.026% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 231.16 | +0.139% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.83 | −0.004% | $1.6M | $972K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.84 | 0.000% | $42K | $131K | 5x | as long as short |
| QFEX NBIS-USD | +0.0041% | 1h | 231.00 | +0.069% | $1.5M | $3.7M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 231.05 | +0.091% | — | $223K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 230.59 | −0.108% | $53.9M | $21.3M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.66 | −0.078% | $137K | $468K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 230.82 | −0.009% | $78 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.98 | +0.061% | $150K | $542K | 10x | as long as short |
| Entropy io:NBIS | +0.0080% | 1h | 231.07 | +0.100% | $10.1M | $3.1M | 10x | as long as short |
| KuCoin NBISUSDTMshort | +0.0100% | 8h | 230.84 | 0.000% | $475K | $35K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.00 | +0.069% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.95 | +0.046% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0296% | 1h | 230.66 | −0.078% | $928K | $3.9M | 10x | as long as short |
| Phoenix NBIS | +0.0312% | 1h | 231.09 | +0.108% | $7K | $125K | 10x | as long as short |
| edgeX NBISUSDC | +0.0618% | 4h | 231.21 | +0.159% | $37K | $227K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0676% | 1h | 230.85 | +0.004% | $23K | $15K | 20x | as long as short |
GRVT NBIS_USDT_Perp
Nado NBIS-PERP
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Arcus NBIS-USD
QFEX NBIS-USD
Vest NBIS-USD-PERP
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Entropy io:NBIS
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD