Funding you earn now, next payment 01:00 UTC−0.0453%/8h= −49.6% APRpaid last 24h +0.104%
Price spread now: Kraken Futures against Bybit−0.064%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Kraken Futures is 0.064% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NBISUSDT | 236.34 | 0.0275 | pay 0.0275% / 8h | 7h 45m | $5.2M | $6.5M | 50x |
| Short | Kraken Futures PF_NBISUSD | 236.19 | −0.0178 | pay 0.0022% / 1h | 45m 56s | $24K | $15K | 20x |
Bybit NBISUSDT
Kraken Futures PF_NBISUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- −$95.09
- Price spread: −0.064% → 0.000%
- −$6.42
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$122.51
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 Bybit live order book, 2 min ago | 2.11 bp | 10.6 bp −$11 | 69.4 bp −$694 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSDshort | −0.0178% | 1h | 236.19 | −0.064% | $24K | $15K | 20x | |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 236.32 | −0.008% | $3.4M | $16.9M | 25x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 236.31 | −0.013% | $2.5M | $4.7M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 236.35 | +0.004% | $1K | $1.7M | 10x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 236.30 | −0.017% | $1.6M | $973K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0016% | 1h | 235.49 | −0.360% | $361K | $683K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 236.25 | −0.038% | $1.5M | $5.1M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 236.59 | +0.106% | — | $234K | 5x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 236.21 | −0.055% | $175K | $507K | 10x | as long as short |
| HTX NBIS-USDT | +0.0054% | 8h | 236.39 | +0.021% | $15K | $112K | 20x | as long as short |
OKX NBIS-USDT-SWAP
Bitget NBISUSDT
SunX NBIS-USDT
Phemex NBISUSDT
Coinbase International NBIS-PERP-INTX
QFEX NBIS-USD
Vest NBIS-USD-PERP
Ondo Perps NBIS-USD.P
HTX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NBISUSDTM | +0.0100% | 8h | 236.10 | −0.102% | $487K | $24K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 236.31 | −0.013% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 236.11 | −0.096% | — | — | 10x | as long as short |
| Gate NBIS_USDT | +0.0108% | 8h | 236.28 | −0.025% | $2.8M | $5.1M | 50x | as long as short |
| Nado NBIS-PERP | +0.0212% | 1h | 236.20 | −0.059% | $29K | $63K | 3x | as long as short |
| Variational Omni NBIS | +0.0213% | 8h | 236.31 | −0.011% | $2.9M | $817K | — | as long as short |
| Aster NBISUSDT | +0.0231% | 8h | 236.06 | −0.117% | $82K | $308K | 50x | as long as short |
| Extended NBIS-USD | +0.0248% | 1h | 236.29 | −0.022% | $137K | $835K | 10x | as long as short |
| Binance NBISUSDT | +0.0248% | 8h | 236.31 | −0.013% | $19.6M | $86.0M | 25x | as long as short |
| BloFin NBIS-USDT | +0.0272% | 8h | 236.48 | +0.059% | $206K | $214K | 20x | as long as short |
| Bybit NBISUSDTlong | +0.0275% | 8h | 236.34 | long leg | $5.2M | $6.5M | 50x | |
| Lighter NBIS | +0.0360% | 1h | 236.38 | +0.017% | $929K | $4.4M | 10x | as long as short |
| Arcus NBIS-USD | +0.0366% | 1h | 236.08 | −0.110% | $44K | $132K | 5x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0385% | 1h | 236.26 | −0.034% | $35K | $48K | 10x | as long as short |
| edgeX NBISUSDC | +0.0391% | 4h | 236.21 | −0.054% | $38K | $229K | 10x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 236.34 | 0.000% | $7K | $163K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0498% | 8h | 236.24 | −0.043% | $5K | $137K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0617% | 1h | 236.27 | −0.030% | $38 | $20K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0786% | 1h | 236.28 | −0.025% | $140K | $429K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0896% | 1h | 236.26 | −0.034% | $55.2M | $23.6M | 10x | as long as short |
| Entropy io:NBIS | +0.0931% | 1h | 236.06 | −0.118% | $10.3M | $3.4M | 10x | as long as short |
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Gate NBIS_USDT
Nado NBIS-PERP
Variational Omni NBIS
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
BloFin NBIS-USDT
Lighter NBIS
Arcus NBIS-USD
Deribit NBIS_USDC-PERPETUAL
edgeX NBISUSDC
Phoenix NBIS
GRVT NBIS_USDT_Perp
SoDEX NBIS-USD
Polymarket Perps NBIS-USD
tradeXYZ xyz:NBIS
Entropy io:NBIS