NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.065%

Price spread now: Bitget against KuCoin+0.120%7-day average +0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$207as in the Funding arb table

Net, price: spread back to 7d avg − costs−$197as in the Price arb table

costs, in and out, $10k−$2032.029% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.120%, 7d avg +0.064%

Together, before fees−0.079%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.056% dearer against KuCoin than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of +0.064%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 45 hours. At the pace of the last 7 days (−0.044% in total) that is about 8.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NBISUSDTM	233.61	0.0100	pay 0.0100% / 8h	5h 26m	$474K	$205K	20x
Short	Bitget NBISUSDT	233.89	0	get 0.0000% / 8h	5h 26m	$2.3M	$4.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.120%Rate

Funding earned: −$21
Price spread: +0.120% → +0.064%: $5.56
Slippage, 4 orders: −$178.9
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$218.33
Costs to cover: 2.029%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Bitget: live order book, 4 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 KuCoin live order book, 8 min ago	25.51 bp	71.0 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	1.92 bp	20.0 bp −$20	31.0 bp −$310	47.7 bp −$4,772	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	233.91	+0.128%	$3.3M	$16.6M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.85	+0.103%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDTshort	0.0000%	8h	233.89	+0.120%	$2.3M	$4.6M	20x
SunX NBIS-USDT	0.0000%	8h	233.83	+0.094%	$1K	$1.4M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.09	+0.205%	$13K	$62K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.90	+0.124%	$1.6M	$970K	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.06	+0.193%	—	$250K	5x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0050%	1h	233.78	+0.073%	$35K	$49K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.84	+0.098%	$152K	$533K	10x	as long as short
QFEX NBIS-USD	+0.0058%	1h	233.88	+0.116%	$1.6M	$3.6M	10x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NBISUSDTMlong	+0.0100%	8h	233.61	long leg	$474K	$205K	20x
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.89	+0.120%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.89	+0.122%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	234.06	+0.193%	$383K	$870K	10x	as long as short
Variational Omni NBIS	+0.0117%	8h	233.61	−0.002%	$2.9M	$637K	—	as long as short
Bybit NBISUSDT	+0.0117%	8h	233.92	+0.133%	$5.4M	$7.0M	50x	as long as short
Polymarket Perps NBIS-USD	+0.0129%	1h	233.88	+0.116%	$133K	$476K	10x	as long as short
Aster NBISUSDT	+0.0155%	8h	234.17	+0.238%	$81K	$314K	50x	as long as short
BloFin NBIS-USDT	+0.0160%	8h	233.93	+0.137%	$208K	$218K	20x	as long as short
Binance NBISUSDT	+0.0190%	8h	233.91	+0.128%	$20.6M	$91.4M	25x	as long as short
Extended NBIS-USD	+0.0192%	1h	233.84	+0.099%	$146K	$847K	10x	as long as short
Nado NBIS-PERP	+0.0194%	1h	233.74	+0.055%	$38K	$85K	3x	as long as short
SoDEX NBIS-USD	+0.0202%	1h	233.90	+0.124%	$94	$19K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0370%	1h	233.62	+0.003%	$22K	$11K	20x	as long as short
Phoenix NBIS	+0.0377%	1h	234.06	+0.193%	$7K	$127K	10x	as long as short
Lighter NBIS	+0.0400%	1h	233.99	+0.163%	$949K	$3.8M	10x	as long as short
Arcus NBIS-USD	+0.0413%	1h	233.84	+0.098%	$42K	$119K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0416%	1h	233.92	+0.133%	$55.6M	$18.8M	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0452%	8h	233.66	+0.022%	$5K	$101K	10x	as long as short
Entropy io:NBIS	+0.0737%	1h	233.79	+0.077%	$10.2M	$3.0M	10x	as long as short
edgeX NBISUSDC	+0.0824%	4h	233.88	+0.113%	$31K	$232K	10x	as long as short