Funding you earn now, next payment 03:00 UTC−0.0396%/8h= −43.4% APRpaid last 24h −0.150%
Price spread now: Bybit against Extended+0.035%7-day average −0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs−$726as in the Funding arb table
Net, price: spread back to 7d avg − costs−$666as in the Price arb table
costs, in and out, $10k−$6866.864% of the position
Funding, last 7 days−0.392%−$39 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.035%, 7d avg −0.170%
=Together, before fees−0.530%+ Points / potential airdropExtended: Active · farm board−$53 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.205% dearer against Extended than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.170%): +$20 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.392% in total) that is about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NAORIS-USD | 0.03715 | 0.0496 | pay 0.0062% / 1h | 42m 31s | $3K | $94K | 5x |
| Short | Bybit NAORISUSDT | 0.03716 | 0.0100 | get 0.0050% / 4h | 1h 42m | $1.1M | $492K | 20x |
Extended NAORIS-USD
Bybit NAORISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$83.16
- Price spread: +0.035% → −0.170%
- $20.49
- Slippage, 4 orders
- −$670.42
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$749.09
- Costs to cover
- 6.864%
- Break-even
- never at this rate
Slippage from Extended: live order book, 83 min ago; Bybit: 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 Extended live order book, 83 min ago | 15.79 bp | 96.6 bp −$97 | 872.0 bp −$8,720 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 10.77 bp | 134.6 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
NAORIS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDTshort | +0.0100% | 4h | 0.03716 | +0.035% | $1.1M | $492K | 20x | |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03714 | −0.027% | $289K | $16K | 20x | as long as short |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03724 | +0.243% | $439K | $28K | 10x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03726 | +0.296% | $3.3M | $239K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03715 | −0.004% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0358% | 4h | 0.03713 | −0.056% | $5K | $5K | 5x | as long as short |
| BingX NAORIS-USDT | +0.0466% | 4h | 0.03717 | +0.054% | — | $1.3M | — | as long as short |
| Binance NAORISUSDT | +0.0488% | 4h | 0.03718 | +0.081% | $5.0M | $1.3M | 10x | as long as short |
| MEXC NAORIS_USDT | +0.0492% | 4h | 0.03717 | +0.054% | $4.3M | $217K | 100x | as long as short |
| Extended NAORIS-USDlong | +0.0496% | 1h | 0.03715 | long leg | $3K | $94K | 5x |
Gate NAORIS_USDT
KuCoin NAORISUSDTM
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BingX NAORIS-USDT
Binance NAORISUSDT
MEXC NAORIS_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDT | +0.0501% | 4h | 0.03725 | +0.270% | $287K | $10K | 10x | as long as short |
BloFin NAORIS-USDT