Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against KuCoin+0.110%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3213.209% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.779%+$78 · spread now +0.110%, 7d avg +0.090%
=The price spread sits at its 7-day average of +0.090%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NBISUSDTM | 230.90 | 0.0100 | pay 0.0100% / 8h | 4m 17s | $476K | $30K | 20x |
| Short | Binance NBISUSDT | 231.15 | 0 | get 0.0000% / 8h | 4m 17s | $18.8M | $88.0M | 25x |
KuCoin NBISUSDTM
Binance NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: +0.110% → +0.090%
- $1.95
- Slippage, 4 orders
- −$298.94
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$339.99
- Costs to cover
- 3.209%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 29 min ago; Binance: live order book, 8 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, 29 min ago | 23.35 bp | 150.8 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.22 bp | 10.2 bp −$10 | 27.9 bp −$279 | 85.2 bp −$8,516 | 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 | −0.0365% | 8h | 231.19 | +0.126% | $2.3M | $4.6M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 231.18 | +0.120% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.07 | +0.072% | $144K | $876K | 10x | as long as short |
| Binance NBISUSDTshort | 0.0000% | 8h | 231.15 | +0.110% | $18.8M | $88.0M | 25x | |
| Bybit NBISUSDT | 0.0000% | 8h | 231.19 | +0.126% | $4.9M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.09 | +0.082% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.11 | +0.091% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 231.07 | +0.075% | $2.8M | $590K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.02 | +0.051% | $4K | $115K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 231.16 | +0.113% | $1K | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 230.99 | +0.039% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 231.04 | +0.061% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.22 | +0.139% | $1.6M | $971K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0005% | 8h | 231.07 | +0.074% | $204K | $212K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.90 | 0.000% | $42K | $131K | 5x | as long as short |
| QFEX NBIS-USD | +0.0041% | 1h | 231.13 | +0.100% | $1.5M | $3.7M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 231.00 | +0.043% | — | $223K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 231.04 | +0.061% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 231.13 | +0.100% | $83 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.94 | +0.017% | $150K | $542K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 230.90 | 0.000% | $357K | $811K | 10x | as long as short |
| KuCoin NBISUSDTMlong | +0.0100% | 8h | 230.90 | long leg | $476K | $30K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.10 | +0.087% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.10 | +0.086% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0117% | 1h | 231.04 | +0.061% | $54.1M | $21.2M | 10x | as long as short |
| Nado NBIS-PERP | +0.0173% | 1h | 231.04 | +0.059% | $38K | $116K | 3x | as long as short |
| Lighter NBIS | +0.0256% | 1h | 231.17 | +0.117% | $939K | $4.1M | 10x | as long as short |
| Phoenix NBIS | +0.0312% | 1h | 231.11 | +0.091% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0405% | 1h | 231.02 | +0.052% | $10.1M | $3.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.0505% | 4h | 230.94 | +0.016% | $37K | $227K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0540% | 1h | 231.09 | +0.083% | $23K | $15K | 20x | as long as short |
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Arcus NBIS-USD
QFEX NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Coinbase International NBIS-PERP-INTX
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD