Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: KuCoin against Polymarket Perps−0.004%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1861.857% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)−0.166%−$17 · spread now −0.004%, 7d avg −0.050%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.045% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NBIS-USD | 229.20 | 0.0050 | pay 0.0006% / 1h | 20m 00s | $136K | $466K | 10x |
| Short | KuCoin NBISUSDTM | 229.19 | 0.0100 | get 0.0100% / 8h | 7h 20m | $471K | $76K | 20x |
Polymarket Perps NBIS-USD
KuCoin NBISUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Polymarket Perps. 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
- $10.5
- Price spread: −0.004% → −0.050%
- $4.55
- Slippage, 4 orders
- −$165.72
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$170.67
- Costs to cover
- 1.857%
- Break-even
- 120.8 days
Slippage from Polymarket Perps: live order book, 77 min ago; KuCoin: live order book, 3 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 Polymarket Perps live order book, 77 min ago | 2.60 bp | 7.9 bp −$8 | 8.4 bp −$84 | 34.9 bp −$3,488 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 29.57 bp | 97.9 bp −$98 | 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 | −0.0198% | 8h | 229.38 | +0.079% | $2.3M | $4.6M | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.0055% | 1h | 229.36 | +0.070% | $34K | $49K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 226.87 | −1.017% | $352K | $801K | 10x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 229.14 | −0.026% | $73K | $320K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 229.52 | +0.142% | $143K | $859K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 229.66 | +0.201% | $18.4M | $89.7M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 229.51 | +0.135% | $4.8M | $6.8M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 229.54 | +0.148% | $3.2M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 229.38 | +0.079% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 229.38 | +0.079% | $2.8M | $597K | — | as long as short |
Bitget NBISUSDT
Deribit NBIS_USDC-PERPETUAL
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBISShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 228.55 | −0.283% | $4K | $113K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 229.36 | +0.070% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 228.88 | −0.140% | $13K | $62K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 229.33 | +0.057% | $1.5M | $971K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0015% | 8h | 229.14 | −0.026% | $202K | $213K | 20x | as long as short |
| edgeX NBISUSDC | +0.0030% | 4h | 228.53 | −0.292% | $37K | $227K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 229.44 | +0.105% | $42K | $124K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 229.27 | +0.031% | — | $246K | 5x | as long as short |
| Polymarket Perps NBIS-USDlong | +0.0050% | 1h | 229.20 | long leg | $136K | $466K | 10x | |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 229.31 | +0.048% | $147K | $534K | 10x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 229.41 | +0.092% | $1.5M | $3.7M | 10x | as long as short |
| Nado NBIS-PERP | +0.0072% | 1h | 229.40 | +0.087% | $38K | $116K | 3x | as long as short |
| KuCoin NBISUSDTMshort | +0.0100% | 8h | 229.19 | −0.004% | $471K | $76K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 229.32 | +0.052% | $2K | $3K | 10x | as long as short |
| Lighter NBIS | +0.0104% | 1h | 229.47 | +0.118% | $901K | $4.1M | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 229.29 | +0.039% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0107% | 1h | 229.39 | +0.083% | $53.5M | $21.6M | 10x | as long as short |
| SoDEX NBIS-USD | +0.0233% | 1h | 229.20 | 0.000% | $69 | $20K | 10x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 227.46 | −0.759% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0312% | 1h | 228.77 | −0.188% | $10.0M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0681% | 1h | 229.27 | +0.029% | $22K | $16K | 20x | as long as short |
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
edgeX NBISUSDC
Arcus NBIS-USD
Vest NBIS-USD-PERP
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
Nado NBIS-PERP
Orderly PERP_NBIS_USDC_mythos
Lighter NBIS
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
SoDEX NBIS-USD
Phoenix NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD