Funding you earn now, next payment 06:00 UTC+0.0280%/8h= +30.6% APRpaid last 24h +0.106%
Price spread now: Entropy against KuCoin−0.060%7-day average +0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3293.290% of the position
Funding, last 7 days+0.447%+$45 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.060%, 7d avg +0.141%
=Funding pays, the price is against you. Entropy is 0.201% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.141%). If the spread goes back, that is −$20 on $10k: about 2.4 days of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NBISUSDTM | 232.01 | 0.0100 | pay 0.0100% / 8h | 2h 10m | $478K | $20K | 20x |
| Short | Entropy io:NBIS | 231.87 | 0.0380 | get 0.0047% / 1h | 10m 22s | $10.1M | $3.2M | 10x |
KuCoin NBISUSDTM
Entropy io:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against KuCoin. 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
- $58.72
- Price spread: −0.060% → +0.141%
- −$20.12
- Slippage, 4 orders
- −$299.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$290.42
- Costs to cover
- 3.290%
- Break-even
- 41.6 days
Slippage from KuCoin: live order book, 48 min ago; Entropy: live order book, 7 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, 48 min ago | 28.27 bp | 134.1 bp −$134 | doesn't fit | doesn't fit | doesn't fit |
| Sell Entropy live order book, 7 min ago | 1.29 bp | 25.6 bp −$26 | 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 | −0.0483% | 8h | 232.14 | +0.056% | $2.3M | $4.6M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0008% | 8h | 232.16 | +0.065% | $204K | $206K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.08 | +0.029% | $85K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.15 | +0.059% | $146K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.21 | +0.087% | $18.6M | $87.0M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.24 | +0.099% | $4.9M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.18 | +0.073% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.28 | +0.116% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.26 | +0.110% | $2.8M | $602K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.39 | −0.268% | $5K | $117K | 10x | as long as short |
Bitget NBISUSDT
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow 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 | +0.069% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.24 | +0.099% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.29 | +0.121% | $1.6M | $956K | 10x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 232.11 | +0.043% | $1.5M | $3.9M | 10x | as long as short |
| Nado NBIS-PERP | +0.0038% | 1h | 232.06 | +0.023% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 231.80 | −0.091% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.14 | +0.056% | — | $220K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.12 | +0.047% | $138K | $473K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.09 | +0.034% | $152K | $548K | 10x | as long as short |
| edgeX NBISUSDC | +0.0060% | 4h | 231.91 | −0.041% | $37K | $225K | 10x | as long as short |
| KuCoin NBISUSDTMlong | +0.0100% | 8h | 232.01 | long leg | $478K | $20K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.30 | +0.125% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.24 | +0.098% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0109% | 1h | 232.16 | +0.065% | $54.6M | $21.1M | 10x | as long as short |
| SoDEX NBIS-USD | +0.0121% | 1h | 232.17 | +0.069% | $107 | $20K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 231.92 | −0.039% | $351K | $815K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 232.18 | +0.072% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 231.99 | −0.009% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0256% | 1h | 232.20 | +0.082% | $939K | $4.0M | 10x | as long as short |
| Entropy io:NBISshort | +0.0380% | 1h | 231.87 | −0.060% | $10.1M | $3.2M | 10x | |
| Deribit NBIS_USDC-PERPETUAL | +0.0526% | 1h | 232.20 | +0.082% | $34K | $49K | 10x | as long as short |
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Nado NBIS-PERP
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
edgeX NBISUSDC
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
Lighter NBIS
Deribit NBIS_USDC-PERPETUAL