Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Phemex−0.061%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$383as in the Funding arb table
Net, price: spread back to 7d avg − costs−$401as in the Price arb table
costs, in and out, $10k−$4024.016% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.061%, 7d avg −0.071%
=The price spread sits at its 7-day average of −0.071%, 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 | Phemex NBISUSDT | 227.73 | 0 | get 0.0000% / 8h | 7h 34m | $1.5M | $971K | 10x |
| Short | KuCoin NBISUSDTM | 227.59 | 0.0100 | get 0.0100% / 8h | 7h 34m | $468K | $60K | 20x |
Phemex NBISUSDT
KuCoin NBISUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. 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: −0.061% → −0.071%
- $0.92
- Slippage, 4 orders
- −$377.6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$379.68
- Costs to cover
- 4.016%
- Break-even
- 133.6 days
Slippage from Phemex: live order book, 4 min ago; KuCoin: live order book, 59 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 Phemex live order book, 4 min ago | 3.28 bp | 50.6 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 59 min ago | 23.35 bp | 152.0 bp −$152 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0266% | 8h | 227.67 | −0.026% | $2.3M | $4.5M | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 227.85 | +0.053% | $353K | $801K | 10x | as long as short |
| BloFin NBIS-USDT | −0.0007% | 8h | 227.74 | +0.004% | $200K | $211K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 227.71 | −0.009% | $80K | $313K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 227.57 | −0.072% | $145K | $877K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 227.65 | −0.035% | $18.5M | $88.9M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 227.60 | −0.057% | $4.8M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 227.59 | −0.061% | $3.2M | $15.9M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 227.46 | −0.119% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 227.92 | +0.082% | $2.8M | $577K | — | as long as short |
Bitget NBISUSDT
Coinbase International NBIS-PERP-INTX
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBISShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 228.78 | +0.459% | $4K | $114K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 227.93 | +0.088% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 228.00 | +0.119% | $13K | $61K | 20x | as long as short |
| Phemex NBISUSDTlong | 0.0000% | 8h | 227.73 | long leg | $1.5M | $971K | 10x | |
| Arcus NBIS-USD | +0.0040% | 1h | 227.27 | −0.202% | $41K | $124K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 227.28 | −0.198% | — | $241K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 227.19 | −0.237% | $135K | $466K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 227.57 | −0.070% | $64 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 227.85 | +0.053% | $148K | $537K | 10x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 227.38 | −0.154% | $1.5M | $3.7M | 10x | as long as short |
| Nado NBIS-PERP | +0.0065% | 1h | 227.45 | −0.123% | $38K | $116K | 3x | as long as short |
| tradeXYZ xyz:NBIS | +0.0082% | 1h | 227.33 | −0.176% | $53.0M | $21.5M | 10x | as long as short |
| KuCoin NBISUSDTMshort | +0.0100% | 8h | 227.59 | −0.061% | $468K | $60K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 227.69 | −0.018% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 227.60 | −0.057% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0120% | 1h | 227.57 | −0.070% | $913K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 229.09 | +0.597% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0305% | 1h | 228.09 | +0.158% | $9.9M | $3.1M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0321% | 1h | 227.63 | −0.044% | $34K | $49K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0686% | 1h | 227.62 | −0.050% | $22K | $16K | 20x | as long as short |
| edgeX NBISUSDC | +0.0808% | 4h | 228.81 | +0.473% | $37K | $227K | 10x | as long as short |
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
Nado NBIS-PERP
tradeXYZ xyz:NBIS
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
Deribit NBIS_USDC-PERPETUAL
Kraken Futures PF_NBISUSD
edgeX NBISUSDC