Funding arb · Price arb /

NBIS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Vest against KuCoin+0.039%7-day average +0.506% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.032%−$3 on $10k

Price spread, last 4 days (all we have)+0.498%+$50 · spread now +0.039%, 7d avg +0.506%

Together, before fees+0.467%+ Points / potential airdropVest: Active · farm board+$47 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.467% cheaper against KuCoin than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of +0.506%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NBISUSDTM	231.19	0.0100	pay 0.0100% / 8h	31m 17s	$477K	$20K	20x
Short	Vest NBIS-USD-PERP	231.28	0.0046	get 0.0006% / 1h	31m 17s	—	$222K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$11.41
Price spread: +0.039% → +0.506%: −$46.72
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$72.12
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 min ago; Vest: no order-book sample. Net counts fees only.

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, 2 min ago	23.35 bp	150.8 bp −$151	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0419%	8h	231.45	+0.112%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.36	+0.071%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.40	+0.090%	$148K	$876K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.46	+0.117%	$18.7M	$87.8M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.42	+0.099%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.44	+0.108%	$3.3M	$16.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.46	+0.117%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	231.17	−0.009%	$2.8M	$594K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.32	+0.056%	$4K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.48	+0.125%	$1K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NBIS-USDT	0.0000%	8h	231.45	+0.112%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.42	+0.099%	$1.6M	$969K	10x	as long as short
BloFin NBIS-USDT	+0.0011%	8h	231.41	+0.095%	$204K	$209K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.21	+0.009%	$42K	$131K	5x	as long as short
QFEX NBIS-USD	+0.0041%	1h	231.43	+0.104%	$1.5M	$3.7M	10x	as long as short
Vest NBIS-USD-PERPshort	+0.0046%	1h	231.28	+0.039%	—	$222K	5x
Polymarket Perps NBIS-USD	+0.0050%	1h	231.37	+0.078%	$137K	$473K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.25	+0.026%	$151K	$543K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.39	−0.346%	$353K	$805K	10x	as long as short
KuCoin NBISUSDTMlong	+0.0100%	8h	231.19	long leg	$477K	$20K	20x
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.41	+0.095%	$2K	$3K	10x	as long as short
SoDEX NBIS-USD	+0.0103%	1h	231.39	+0.087%	$97	$20K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.38	+0.084%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0148%	1h	231.29	+0.043%	$54.3M	$21.1M	10x	as long as short
Nado NBIS-PERP	+0.0171%	1h	231.20	+0.005%	$38K	$116K	3x	as long as short
Phoenix NBIS	+0.0312%	1h	231.38	+0.082%	$7K	$125K	10x	as long as short
Lighter NBIS	+0.0344%	1h	231.38	+0.082%	$933K	$4.0M	10x	as long as short
edgeX NBISUSDC	+0.0414%	4h	231.38	+0.082%	$37K	$227K	10x	as long as short
Entropy io:NBIS	+0.0439%	1h	231.24	+0.022%	$10.1M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0540%	1h	231.28	+0.039%	$23K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0615%	1h	231.35	+0.069%	$34K	$49K	10x	as long as short