NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.59 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against Binance−0.140%7-day average −0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$163as in the Funding arb table

Net, price: spread back to 7d avg − costs−$173as in the Price arb table

costs, in and out, $10k−$1681.678% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 4 days (all we have)−1.601%−$160 · spread now −0.140%, 7d avg −0.091%

Together, before fees−1.548%−$155 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.050% cheaper against Binance than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.091%). If the spread goes back, that is −$5 on $10k: about 2.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.053% in total) that is about 6.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NBISUSDT	235.43	0.0041	pay 0.0041% / 8h	4h 10m	$19.4M	$84.5M	25x
Short	KuCoin NBISUSDTM	235.10	0.0100	get 0.0100% / 8h	4h 10m	$484K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.140%Rate

Funding earned: $12.4
Price spread: −0.140% → −0.091%: −$4.96
Slippage, 4 orders: −$145.83
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$160.38
Costs to cover: 1.678%
Break-even: 97.5 days

Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 2 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 Binance live order book, 2 min ago	0.21 bp	9.4 bp −$9	21.4 bp −$214	79.0 bp −$7,903	doesn't fit
Sell KuCoin live order book, 2 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
Nado NBIS-PERP	−0.0063%	1h	235.08	−0.150%	$38K	$115K	3x	as long as short
Bybit NBISUSDT	0.0000%	8h	235.47	+0.017%	$5.0M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.44	+0.004%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.41	−0.008%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	235.43	0.000%	$2.4M	$4.4M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	235.40	−0.012%	$2.9M	$561K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	235.29	−0.059%	$5K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.44	+0.004%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.32	−0.047%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.47	+0.017%	$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	−0.097%	$38K	$227K	10x	as long as short
Aster NBISUSDT	+0.0036%	8h	235.33	−0.043%	$79K	$310K	50x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.37	−0.025%	$1.5M	$4.2M	10x	as long as short
Extended NBIS-USD	+0.0040%	1h	235.38	−0.020%	$150K	$701K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.19	−0.102%	$43K	$132K	5x	as long as short
Binance NBISUSDTlong	+0.0041%	8h	235.43	long leg	$19.4M	$84.5M	25x
Vest NBIS-USD-PERP	+0.0046%	1h	235.54	+0.047%	—	$216K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	235.35	−0.034%	$54.9M	$19.9M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.29	−0.059%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	235.34	−0.038%	$52	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.24	−0.081%	$161K	$503K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	235.56	+0.055%	$389K	$724K	10x	as long as short
BloFin NBIS-USDT	+0.0058%	8h	235.45	+0.008%	$207K	$205K	20x	as long as short
KuCoin NBISUSDTMshort	+0.0100%	8h	235.10	−0.140%	$484K	$21K	20x
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.29	−0.059%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.27	−0.070%	—	—	10x	as long as short
Lighter NBIS	+0.0160%	1h	235.32	−0.047%	$903K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0272%	1h	235.26	−0.072%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0426%	1h	235.25	−0.076%	$10.2M	$3.2M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0477%	1h	235.41	−0.010%	$24K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0899%	1h	235.30	−0.055%	$35K	$49K	10x	as long as short