Funding you earn now, next payment 10:00 UTC−0.0157%/8h= −17.2% APRpaid last 24h −0.003%
Price spread now: KuCoin against Arcus−0.095%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2182.183% of the position
Funding, last 4 days (all we have)−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.095%, 7d avg −0.047%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.048% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NBIS-USD | 232.40 | 0.0257 | pay 0.0032% / 1h | 1m 25s | $42K | $121K | 5x |
| Short | KuCoin NBISUSDTM | 232.18 | 0.0100 | get 0.0100% / 8h | 6h 01m | $471K | $166K | 20x |
Arcus NBIS-USD
KuCoin NBISUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Arcus. 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
- −$33.02
- Price spread: −0.095% → −0.047%
- −$4.77
- Slippage, 4 orders
- −$201.78
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$256.07
- Costs to cover
- 2.183%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 49 min ago; KuCoin: live order book, 43 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 Arcus live order book, 49 min ago | 4.12 bp | 6.4 bp −$6 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 43 min ago | 22.35 bp | 86.2 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
NBIS on 31 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.85 | +0.194% | $3.3M | $16.5M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.44 | +0.017% | $2.7M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 232.52 | +0.052% | $2.3M | $4.5M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 232.68 | +0.120% | $1K | $1.5M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.36 | −0.017% | $13K | $62K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.33 | −0.030% | $1.6M | $970K | 10x | as long as short |
| Variational Omni NBIS | +0.0024% | 8h | 232.60 | +0.086% | $2.9M | $636K | — | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.65 | +0.108% | — | $252K | 5x | as long as short |
| Bybit NBISUSDT | +0.0050% | 8h | 232.48 | +0.034% | $5.0M | $6.8M | 50x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.48 | +0.034% | $139K | $472K | 10x | as long as short |
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Variational Omni NBIS
Vest NBIS-USD-PERP
Bybit NBISUSDT
Polymarket Perps NBIS-USDShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 231.86 | −0.232% | $153K | $522K | 10x | as long as short |
| QFEX NBIS-USD | +0.0054% | 1h | 232.44 | +0.017% | $1.6M | $3.7M | 10x | as long as short |
| Aster NBISUSDT | +0.0067% | 8h | 232.03 | −0.160% | $74K | $312K | 50x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0088% | 1h | 231.78 | −0.267% | $382K | $876K | 10x | as long as short |
| Extended NBIS-USD | +0.0096% | 1h | 232.33 | −0.030% | $146K | $844K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0098% | 8h | 232.68 | +0.120% | $157K | $216K | 20x | as long as short |
| KuCoin NBISUSDTMshort | +0.0100% | 8h | 232.18 | −0.095% | $471K | $166K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.35 | −0.022% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.06 | −0.148% | — | — | 10x | as long as short |
| Binance NBISUSDT | +0.0104% | 8h | 232.44 | +0.017% | $19.7M | $90.5M | 25x | as long as short |
| Nado NBIS-PERP | +0.0141% | 1h | 232.26 | −0.062% | $38K | $86K | 3x | as long as short |
| SoDEX NBIS-USD | +0.0145% | 1h | 232.32 | −0.034% | $60 | $19K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0224% | 1h | 232.18 | −0.095% | $34K | $49K | 10x | as long as short |
| Arcus NBIS-USDlong | +0.0257% | 1h | 232.40 | long leg | $42K | $121K | 5x | |
| tradeXYZ xyz:NBIS | +0.0289% | 1h | 232.51 | +0.047% | $54.7M | $19.3M | 10x | as long as short |
| Phoenix NBIS | +0.0347% | 1h | 232.54 | +0.060% | $7K | $127K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0361% | 8h | 232.54 | +0.060% | $4K | $103K | 10x | as long as short |
| Lighter NBIS | +0.0384% | 1h | 232.49 | +0.039% | $939K | $4.1M | 10x | as long as short |
| Entropy io:NBIS | +0.0668% | 1h | 232.26 | −0.060% | $10.1M | $3.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.0732% | 4h | 232.38 | −0.008% | $37K | $227K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0765% | 1h | 232.28 | −0.051% | $22K | $11K | 20x | as long as short |
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
Aster NBISUSDT
Coinbase International NBIS-PERP-INTX
Extended NBIS-USD
BloFin NBIS-USDT
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Binance NBISUSDT
Nado NBIS-PERP
SoDEX NBIS-USD
Deribit NBIS_USDC-PERPETUAL
tradeXYZ xyz:NBIS
Phoenix NBIS
GRVT NBIS_USDT_Perp
Lighter NBIS
Entropy io:NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD