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: Bitget against KuCoin+0.004%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1771.774% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.004%, 7d avg +0.061%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.057% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.061%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NBISUSDTM | 233.69 | 0.0100 | pay 0.0100% / 8h | 3h 40m | $481K | $20K | 20x |
| Short | Bitget NBISUSDT | 233.70 | 0 | get 0.0000% / 8h | 3h 40m | $2.4M | $4.4M | 20x |
KuCoin NBISUSDTM
Bitget NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.004% → +0.061%
- −$5.67
- Slippage, 4 orders
- −$153.39
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$204.06
- Costs to cover
- 1.774%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 33 min ago; Bitget: live order book, 3 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, 33 min ago | 18.93 bp | 77.5 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.13 bp | 12.5 bp −$12 | 27.0 bp −$270 | 41.5 bp −$4,149 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NBIS-USDT | −0.0010% | 8h | 233.67 | −0.009% | $206K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 233.95 | +0.113% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.68 | −0.004% | $147K | $699K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 233.74 | +0.021% | $19.2M | $84.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 233.73 | +0.017% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.64 | −0.021% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.73 | +0.017% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDTshort | 0.0000% | 8h | 233.70 | +0.004% | $2.4M | $4.4M | 20x | |
| Variational Omni NBIS | 0.0000% | 8h | 233.67 | −0.007% | $2.9M | $556K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.45 | +0.325% | $4K | $120K | 10x | as long as short |
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_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 233.70 | +0.004% | $848 | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.62 | −0.030% | $35K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.10 | +0.175% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.76 | +0.030% | $1.6M | $954K | 10x | as long as short |
| Nado NBIS-PERP | +0.0028% | 1h | 233.62 | −0.031% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 233.81 | +0.051% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.87 | +0.077% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.99 | +0.128% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 233.53 | −0.069% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.60 | −0.039% | $54.5M | $20.0M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.68 | −0.004% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.70 | +0.004% | $79 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.98 | +0.124% | $160K | $502K | 10x | as long as short |
| KuCoin NBISUSDTMlong | +0.0100% | 8h | 233.69 | long leg | $481K | $20K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.72 | +0.013% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.67 | −0.008% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 235.56 | +0.800% | $389K | $724K | 10x | as long as short |
| Lighter NBIS | +0.0216% | 1h | 233.77 | +0.034% | $912K | $3.9M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 234.36 | +0.287% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0299% | 1h | 233.88 | +0.081% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0607% | 4h | 234.16 | +0.200% | $38K | $225K | 10x | as long as short |
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Nado NBIS-PERP
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC