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: KuCoin against SunX−0.004%54s7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2792.789% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.004%, 7d avg −0.057%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.053% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.057%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NBIS-USDT | 233.66 | 0 | get 0.0000% / 8h | 3h 38m | $848 | $1.7M | 10x |
| Short | KuCoin NBISUSDTM | 233.65 | 0.0100 | get 0.0100% / 8h | 3h 38m | $481K | $20K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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% → −0.057%
- $5.27
- Slippage, 4 orders
- −$258.9
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$252.63
- Costs to cover
- 2.789%
- Break-even
- 91.2 days
Slippage from SunX: live order book, 7 min ago; KuCoin: live order book, 35 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 SunX live order book, 7 min ago | 45.42 bp | 64.2 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 35 min ago | 18.93 bp | 72.6 bp −$73 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NBIS-USDT | −0.0023% | 8h | 233.61 | −0.021% | $206K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 233.95 | +0.124% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.64 | −0.007% | $147K | $699K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 233.76 | +0.044% | $19.2M | $84.7M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 233.77 | +0.047% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.73 | +0.030% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.80 | +0.060% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.75 | +0.039% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.67 | +0.006% | $2.9M | $556K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 233.70 | +0.017% | $4K | $119K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDTlong | 0.0000% | 8h | 233.66 | long leg | $848 | $1.7M | 10x | |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.54 | −0.051% | $35K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.10 | +0.188% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.67 | +0.004% | $1.6M | $954K | 10x | as long as short |
| Nado NBIS-PERP | +0.0022% | 1h | 233.59 | −0.032% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 233.75 | +0.039% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.70 | +0.017% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.88 | +0.094% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 233.45 | −0.089% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.69 | +0.013% | $54.5M | $20.0M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.68 | +0.009% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.62 | −0.017% | $75 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.98 | +0.137% | $160K | $502K | 10x | as long as short |
| KuCoin NBISUSDTMshort | +0.0100% | 8h | 233.65 | −0.004% | $481K | $20K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.63 | −0.013% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.59 | −0.031% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 235.56 | +0.813% | $389K | $724K | 10x | as long as short |
| edgeX NBISUSDC | +0.0171% | 4h | 233.69 | +0.013% | $38K | $226K | 10x | as long as short |
| Lighter NBIS | +0.0232% | 1h | 233.73 | +0.030% | $912K | $3.9M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 233.81 | +0.064% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0287% | 1h | 233.77 | +0.047% | $10.1M | $3.2M | 10x | as long as short |
SunX NBIS-USDT
KuCoin NBISUSDTM
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
edgeX NBISUSDC
Lighter NBIS
Phoenix NBIS