NBIS

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 −0.012%

Price spread now: Bybit against KuCoin+0.072%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$175as in the Funding arb table

Net, price: spread back to 7d avg − costs−$172as in the Price arb table

costs, in and out, $10k−$1731.731% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.072%, 7d avg +0.060%

Together, before fees+0.062%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.060%, 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	235.23	0.0100	pay 0.0100% / 8h	4h 09m	$485K	$21K	20x
Short	Bybit NBISUSDT	235.40	0	get 0.0000% / 8h	4h 09m	$5.0M	$6.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$21
Price spread: +0.072% → +0.060%: $1.25
Slippage, 4 orders: −$150.13
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$192.88
Costs to cover: 1.731%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Bybit: 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, 4 min ago	18.93 bp	77.5 bp −$77	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.49 bp	12.4 bp −$12	77.9 bp −$779	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
Nado NBIS-PERP	−0.0052%	1h	235.35	+0.049%	$38K	$115K	3x	as long as short
Bybit NBISUSDTshort	0.0000%	8h	235.40	+0.072%	$5.0M	$6.3M	50x
OKX NBIS-USDT-SWAP	0.0000%	8h	235.35	+0.051%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.40	+0.072%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	235.39	+0.068%	$2.4M	$4.4M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	235.40	+0.073%	$2.9M	$561K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	235.47	+0.101%	$5K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.44	+0.089%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.32	+0.038%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.40	+0.072%	$1.6M	$955K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NBISUSDT	+0.0038%	8h	235.37	+0.058%	$79K	$310K	50x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.31	+0.034%	$1.5M	$4.2M	10x	as long as short
Extended NBIS-USD	+0.0040%	1h	235.33	+0.044%	$150K	$701K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.23	0.000%	$43K	$132K	5x	as long as short
Binance NBISUSDT	+0.0041%	8h	235.40	+0.072%	$19.4M	$84.5M	25x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.68	+0.191%	—	$216K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	235.37	+0.060%	$54.9M	$19.9M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.36	+0.055%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	235.33	+0.043%	$52	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.24	+0.004%	$161K	$502K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	235.56	+0.140%	$389K	$724K	10x	as long as short
BloFin NBIS-USDT	+0.0058%	8h	235.45	+0.094%	$207K	$205K	20x	as long as short
edgeX NBISUSDC	+0.0074%	4h	235.41	+0.077%	$38K	$226K	10x	as long as short
KuCoin NBISUSDTMlong	+0.0100%	8h	235.23	long leg	$485K	$21K	20x
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.31	+0.034%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.31	+0.034%	—	—	10x	as long as short
Lighter NBIS	+0.0168%	1h	235.50	+0.115%	$903K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0272%	1h	235.58	+0.149%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0429%	1h	235.33	+0.043%	$10.2M	$3.2M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0477%	1h	235.40	+0.072%	$24K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0643%	1h	235.42	+0.081%	$35K	$49K	10x	as long as short