Funding you earn now, next payment 16:00 UTC+0.0145%/8h= +15.9% APRnext payment +$1.45 per $10,000 · paid last 24h +0.065%
Price spread now: KuCoin against Bitget+0.082%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$2082.075% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.082%, 7d avg −0.063%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.145% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NBISUSDT | 230.49 | −0.0045 | get 0.0045% / 8h | 6h 55m | $2.3M | $4.7M | 20x |
| Short | KuCoin NBISUSDTM | 230.68 | 0.0100 | get 0.0100% / 8h | 6h 55m | $468K | $106K | 20x |
Bitget NBISUSDT
KuCoin NBISUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $30.45
- Price spread: +0.082% → −0.063%
- $14.53
- Slippage, 4 orders
- −$183.54
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$162.56
- Costs to cover
- 2.075%
- Break-even
- 44.4 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 28 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 Bitget live order book, 3 min ago | 2.38 bp | 18.3 bp −$18 | 26.7 bp −$267 | 44.4 bp −$4,443 | doesn't fit |
| Sell KuCoin live order book, 28 min ago | 29.57 bp | 97.9 bp −$98 | 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 NBISUSDTlong | −0.0045% | 8h | 230.49 | long leg | $2.3M | $4.7M | 20x | |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.53 | +0.017% | $3.3M | $16.4M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 230.62 | +0.056% | $2.7M | $5.0M | 50x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 231.17 | +0.295% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 230.42 | −0.030% | $34K | $50K | 10x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.30 | +0.351% | $1.6M | $971K | 10x | as long as short |
| Variational Omni NBIS | +0.0011% | 8h | 231.16 | +0.291% | $2.8M | $639K | — | as long as short |
| Aster NBISUSDT | +0.0027% | 8h | 230.80 | +0.136% | $74K | $320K | 50x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.72 | +0.100% | — | $246K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.57 | +0.035% | $137K | $467K | 10x | as long as short |
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
Phemex NBISUSDT
Variational Omni NBIS
Aster NBISUSDT
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.99 | +0.217% | $149K | $538K | 10x | as long as short |
| QFEX NBIS-USD | +0.0054% | 1h | 230.61 | +0.052% | $1.5M | $3.7M | 10x | as long as short |
| BloFin NBIS-USDT | +0.0055% | 8h | 231.36 | +0.377% | $202K | $215K | 20x | as long as short |
| Extended NBIS-USD | +0.0064% | 1h | 230.66 | +0.074% | $145K | $856K | 10x | as long as short |
| Binance NBISUSDT | +0.0068% | 8h | 230.73 | +0.104% | $18.8M | $90.8M | 25x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0088% | 1h | 230.78 | +0.126% | $382K | $869K | 10x | as long as short |
| KuCoin NBISUSDTMshort | +0.0100% | 8h | 230.68 | +0.082% | $468K | $106K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.77 | +0.121% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.08 | +0.257% | — | — | 10x | as long as short |
| Nado NBIS-PERP | +0.0107% | 1h | 230.56 | +0.032% | $38K | $116K | 3x | as long as short |
| Bybit NBISUSDT | +0.0175% | 8h | 230.71 | +0.095% | $4.9M | $6.8M | 50x | as long as short |
| HTX NBIS-USDT | +0.0191% | 8h | 230.95 | +0.200% | $13K | $62K | 20x | as long as short |
| SoDEX NBIS-USD | +0.0209% | 1h | 230.54 | +0.022% | $74 | $20K | 10x | as long as short |
| Arcus NBIS-USD | +0.0257% | 1h | 230.62 | +0.056% | $42K | $124K | 5x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 230.93 | +0.191% | $7K | $127K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0295% | 1h | 230.59 | +0.043% | $54.1M | $22.0M | 10x | as long as short |
| Lighter NBIS | +0.0312% | 1h | 230.94 | +0.195% | $932K | $4.0M | 10x | as long as short |
| edgeX NBISUSDC | +0.0719% | 4h | 231.07 | +0.252% | $37K | $226K | 10x | as long as short |
| Entropy io:NBIS | +0.0766% | 1h | 230.84 | +0.152% | $10.1M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0771% | 1h | 230.52 | +0.013% | $22K | $16K | 20x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0822% | 8h | 231.19 | +0.304% | $5K | $114K | 10x | as long as short |
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
BloFin NBIS-USDT
Extended NBIS-USD
Binance NBISUSDT
Coinbase International NBIS-PERP-INTX
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Nado NBIS-PERP
Bybit NBISUSDT
HTX NBIS-USDT
SoDEX NBIS-USD
Arcus NBIS-USD
Phoenix NBIS
tradeXYZ xyz:NBIS
Lighter NBIS
edgeX NBISUSDC
Entropy io:NBIS
Kraken Futures PF_NBISUSD
GRVT NBIS_USDT_Perp