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 +0.028%

Price spread now: Gate against KuCoin+0.128%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1821.821% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.128%, 7d avg +0.083%

Together, before fees−0.092%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.044% dearer against KuCoin than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of +0.083%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 36 hours. At the pace of the last 7 days (−0.048% in total) that is about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NBISUSDTM	235.11	0.0100	pay 0.0100% / 8h	4h 10m	$484K	$21K	20x
Short	Gate NBIS_USDT	235.41	0	get 0.0000% / 8h	4h 10m	$2.8M	$5.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.128%Rate

Funding earned: −$21
Price spread: +0.128% → +0.083%: $4.44
Slippage, 4 orders: −$155.09
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$198.65
Costs to cover: 1.821%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Gate: 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, 3 min ago	18.93 bp	77.5 bp −$77	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.76 bp	16.6 bp −$17	66.1 bp −$661	292.1 bp −$29.2K	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	−0.0055%	1h	235.26	+0.065%	$38K	$115K	3x	as long as short
Bybit NBISUSDT	0.0000%	8h	235.40	+0.123%	$5.0M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.34	+0.098%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDTshort	0.0000%	8h	235.41	+0.128%	$2.8M	$5.0M	50x
Bitget NBISUSDT	0.0000%	8h	235.42	+0.132%	$2.4M	$4.4M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	235.40	+0.124%	$2.9M	$561K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	235.29	+0.077%	$5K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.44	+0.140%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.32	+0.089%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.47	+0.153%	$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
edgeX NBISUSDC	+0.0029%	4h	235.20	+0.038%	$38K	$227K	10x	as long as short
Aster NBISUSDT	+0.0036%	8h	235.33	+0.093%	$79K	$310K	50x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.34	+0.098%	$1.5M	$4.2M	10x	as long as short
Extended NBIS-USD	+0.0040%	1h	235.32	+0.091%	$150K	$701K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.22	+0.047%	$43K	$132K	5x	as long as short
Binance NBISUSDT	+0.0041%	8h	235.41	+0.128%	$19.4M	$84.5M	25x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.54	+0.183%	—	$216K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	235.35	+0.102%	$54.9M	$19.9M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.29	+0.077%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	235.34	+0.098%	$52	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.24	+0.055%	$161K	$503K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	235.56	+0.191%	$389K	$724K	10x	as long as short
BloFin NBIS-USDT	+0.0058%	8h	235.45	+0.145%	$207K	$205K	20x	as long as short
KuCoin NBISUSDTMlong	+0.0100%	8h	235.11	long leg	$484K	$21K	20x
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.29	+0.077%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.27	+0.066%	—	—	10x	as long as short
Lighter NBIS	+0.0160%	1h	235.32	+0.089%	$903K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0272%	1h	235.26	+0.064%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0426%	1h	235.25	+0.060%	$10.2M	$3.2M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0477%	1h	235.41	+0.127%	$24K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0899%	1h	235.30	+0.081%	$35K	$49K	10x	as long as short