NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.012%

Price spread now: KuCoin against Bybit−0.086%7-day average −0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$315as in the Funding arb table

Net, price: spread back to 7d avg − costs−$320as in the Price arb table

costs, in and out, $10k−$3173.171% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.086%, 7d avg −0.060%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.026% cheaper against Bybit than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.060%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.019% in total) that is about 9.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NBISUSDT	232.35	0	get 0.0000% / 8h	2h 09m	$4.9M	$6.5M	50x
Short	KuCoin NBISUSDTM	232.15	0.0100	get 0.0100% / 8h	2h 09m	$478K	$20K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now −0.086%Rate

Funding earned: $21
Price spread: −0.086% → −0.060%: −$2.58
Slippage, 4 orders: −$294.14
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$298.73
Costs to cover: 3.171%
Break-even: 106.6 days

Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 49 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 Bybit live order book, 3 min ago	2.59 bp	12.8 bp −$13	70.0 bp −$700	doesn't fit	doesn't fit
Sell KuCoin live order book, 49 min ago	28.27 bp	155.0 bp −$155	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 NBISUSDT	−0.0469%	8h	232.34	−0.004%	$2.3M	$4.6M	20x	as long as short
BloFin NBIS-USDT	−0.0008%	8h	232.16	−0.082%	$204K	$206K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	232.26	−0.039%	$85K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	232.30	−0.023%	$146K	$753K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	232.32	−0.013%	$18.6M	$87.0M	25x	as long as short
Bybit NBISUSDTlong	0.0000%	8h	232.35	long leg	$4.9M	$6.5M	50x
OKX NBIS-USDT-SWAP	0.0000%	8h	232.27	−0.034%	$3.3M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	232.41	+0.026%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	232.26	−0.037%	$2.8M	$602K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	232.32	−0.012%	$5K	$117K	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-USDT	0.0000%	8h	232.17	−0.077%	$1K	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	232.24	−0.047%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	232.46	+0.047%	$1.6M	$957K	10x	as long as short
QFEX NBIS-USD	+0.0029%	1h	232.35	0.000%	$1.5M	$3.9M	10x	as long as short
Nado NBIS-PERP	+0.0038%	1h	232.25	−0.044%	$38K	$115K	3x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.92	−0.185%	$42K	$132K	5x	as long as short
edgeX NBISUSDC	+0.0045%	4h	232.19	−0.069%	$37K	$226K	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	232.30	−0.022%	—	$220K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	232.22	−0.056%	$138K	$473K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	232.09	−0.112%	$152K	$548K	10x	as long as short
KuCoin NBISUSDTMshort	+0.0100%	8h	232.15	−0.086%	$478K	$20K	20x
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	232.30	−0.022%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	232.30	−0.023%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0111%	1h	232.28	−0.030%	$54.6M	$21.1M	10x	as long as short
SoDEX NBIS-USD	+0.0139%	1h	232.28	−0.030%	$102	$20K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0168%	1h	231.92	−0.185%	$351K	$815K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0222%	1h	232.24	−0.046%	$23K	$15K	20x	as long as short
Phoenix NBIS	+0.0242%	1h	232.31	−0.017%	$7K	$150K	10x	as long as short
Lighter NBIS	+0.0248%	1h	232.42	+0.030%	$940K	$4.0M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0310%	1h	232.15	−0.086%	$34K	$49K	10x	as long as short
Entropy io:NBIS	+0.0383%	1h	231.99	−0.155%	$10.1M	$3.2M	10x	as long as short