Funding you earn now, next payment 05:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h −0.018%
Price spread now: QFEX against KuCoin+0.047%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1681.676% of the position
Funding, last 4 days (all we have)−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.047%, 7d avg +0.047%
=The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NBISUSDTM | 233.64 | 0.0100 | pay 0.0100% / 8h | 3h 38m | $481K | $20K | 20x |
| Short | QFEX NBIS-USD | 233.75 | 0.0034 | get 0.0004% / 1h | 38m 09s | $1.5M | $4.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$13.84
- Price spread: +0.047% → +0.047%
- −$0.01
- Slippage, 4 orders
- −$145.65
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$181.51
- Costs to cover
- 1.676%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 35 min ago; QFEX: live order book, 5 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, 35 min ago | 18.93 bp | 77.5 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 3.20 bp | 9.0 bp −$9 | 12.2 bp −$122 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NBIS-USDT | −0.0023% | 8h | 233.61 | −0.013% | $206K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 233.96 | +0.135% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.70 | +0.025% | $147K | $699K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 233.61 | −0.013% | $19.2M | $84.8M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 233.73 | +0.039% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.67 | +0.013% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.80 | +0.068% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.75 | +0.047% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.67 | +0.015% | $2.9M | $556K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 233.70 | +0.026% | $4K | $119K | 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 | 233.83 | +0.081% | $849 | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.10 | +0.197% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.83 | +0.081% | $1.6M | $954K | 10x | as long as short |
| Nado NBIS-PERP | +0.0022% | 1h | 233.59 | −0.023% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USDshort | +0.0034% | 1h | 233.75 | +0.047% | $1.5M | $4.0M | 10x | |
| Arcus NBIS-USD | +0.0040% | 1h | 233.70 | +0.026% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.88 | +0.103% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 233.58 | −0.028% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.52 | −0.051% | $54.4M | $20.0M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.68 | +0.017% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.66 | +0.009% | $75 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.98 | +0.146% | $160K | $502K | 10x | as long as short |
| KuCoin NBISUSDTMlong | +0.0100% | 8h | 233.64 | long leg | $481K | $20K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.66 | +0.009% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.63 | −0.005% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 235.56 | +0.822% | $389K | $724K | 10x | as long as short |
| edgeX NBISUSDC | +0.0171% | 4h | 233.69 | +0.021% | $38K | $226K | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 233.81 | +0.073% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0240% | 1h | 233.75 | +0.047% | $912K | $3.9M | 10x | as long as short |
| Entropy io:NBIS | +0.0287% | 1h | 233.77 | +0.056% | $10.1M | $3.2M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0349% | 1h | 233.68 | +0.017% | $35K | $49K | 10x | as long as short |
KuCoin NBISUSDTM
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
edgeX NBISUSDC
Phoenix NBIS
Lighter NBIS
Deribit NBIS_USDC-PERPETUAL