Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.140%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2792.786% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.140%, 7d avg −0.057%
=Funding pays, the price is against you. KuCoin is 0.083% cheaper against SunX than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.057%). If the spread goes back, that is −$8 on $10k: about 2.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NBIS-USDT | 235.44 | 0 | get 0.0000% / 8h | 4h 10m | $1K | $1.7M | 10x |
| Short | KuCoin NBISUSDTM | 235.11 | 0.0100 | get 0.0100% / 8h | 4h 10m | $484K | $21K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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
- $21
- Price spread: −0.140% → −0.057%
- −$8.34
- Slippage, 4 orders
- −$258.56
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$265.9
- Costs to cover
- 2.786%
- Break-even
- 95.6 days
Slippage from SunX: live order book, 5 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 SunX live order book, 5 min ago | 45.49 bp | 64.0 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 18.93 bp | 72.6 bp −$73 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0055% | 1h | 235.26 | −0.075% | $38K | $115K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.40 | −0.017% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.34 | −0.042% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.41 | −0.013% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.42 | −0.008% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 235.40 | −0.016% | $2.9M | $561K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.29 | −0.064% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDTlong | 0.0000% | 8h | 235.44 | long leg | $1K | $1.7M | 10x | |
| HTX NBIS-USDT | 0.0000% | 8h | 235.32 | −0.051% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.47 | +0.013% | $1.6M | $955K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX NBISUSDC | +0.0029% | 4h | 235.20 | −0.102% | $38K | $227K | 10x | as long as short |
| Aster NBISUSDT | +0.0036% | 8h | 235.33 | −0.047% | $79K | $310K | 50x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 235.34 | −0.042% | $1.5M | $4.2M | 10x | as long as short |
| Extended NBIS-USD | +0.0040% | 1h | 235.32 | −0.049% | $150K | $701K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 235.22 | −0.093% | $43K | $132K | 5x | as long as short |
| Binance NBISUSDT | +0.0041% | 8h | 235.41 | −0.013% | $19.4M | $84.5M | 25x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.54 | +0.042% | — | $216K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 235.35 | −0.038% | $54.9M | $19.9M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.29 | −0.064% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 235.34 | −0.042% | $52 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.24 | −0.085% | $161K | $503K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 235.56 | +0.051% | $389K | $724K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0058% | 8h | 235.45 | +0.004% | $207K | $205K | 20x | as long as short |
| KuCoin NBISUSDTMshort | +0.0100% | 8h | 235.11 | −0.140% | $484K | $21K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.29 | −0.064% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.27 | −0.074% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0160% | 1h | 235.32 | −0.051% | $903K | $4.1M | 10x | as long as short |
| Phoenix NBIS | +0.0272% | 1h | 235.26 | −0.076% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0426% | 1h | 235.25 | −0.081% | $10.2M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0477% | 1h | 235.41 | −0.014% | $24K | $15K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0899% | 1h | 235.30 | −0.059% | $35K | $49K | 10x | as long as short |
SunX NBIS-USDT
KuCoin NBISUSDTM
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
HTX NBIS-USDT
Phemex NBISUSDT
edgeX NBISUSDC
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
BloFin NBIS-USDT
Lighter NBIS
Phoenix NBIS
Kraken Futures PF_NBISUSD
Deribit NBIS_USDC-PERPETUAL