Funding you earn now, next payment 02:00 UTC+0.0230%/8h= +25.1% APRnext payment +$0.29 per $10,000 · paid last 24h —
Price spread now: Entropy against Aevo+0.157%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Entropy is 0.157% dearer against Aevo than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo NBIS-PERP | 233.79 | 0.0104 | pay 0.0013% / 1h | 47m 11s | — | — | 10x |
| Short | Entropy io:NBIS | 234.16 | 0.0334 | get 0.0042% / 1h | 47m 11s | $10.2M | $3.4M | 10x |
Aevo NBIS-PERP
Entropy io:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Aevo. 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
- $48.23
- Price spread: +0.157% → 0.000%
- $15.68
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $29.91
- Costs to cover
- 0.340%
- Break-even
- 2.7 days
Slippage unknown: Aevo: no order-book sample; Entropy: live order book, 10 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 10 min ago | 0.85 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 233.83 | +0.016% | $5.1M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.90 | +0.046% | $3.4M | $16.6M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.87 | +0.033% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.85 | +0.024% | $2.5M | $4.6M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.81 | +0.007% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.71 | −0.036% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.72 | +0.396% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.87 | +0.033% | $1.6M | $972K | 10x | as long as short |
| QFEX NBIS-USD | +0.0024% | 1h | 233.67 | −0.053% | $1.5M | $4.8M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 234.12 | +0.140% | $42K | $135K | 5x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Arcus NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.96 | +0.071% | — | $226K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.76 | −0.014% | $141K | $462K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.83 | +0.016% | $98 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.94 | +0.063% | $168K | $517K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0096% | 1h | 233.80 | +0.004% | $24K | $15K | 20x | as long as short |
| Nado NBIS-PERP | +0.0098% | 1h | 233.77 | −0.010% | $50K | $80K | 3x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.77 | −0.010% | $482K | $22K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.77 | −0.010% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERPlong | +0.0104% | 1h | 233.79 | long leg | — | — | 10x | |
| GRVT NBIS_USDT_Perp | +0.0107% | 8h | 234.14 | +0.150% | $5K | $130K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0112% | 1h | 236.05 | +0.965% | $386K | $736K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0154% | 1h | 233.87 | +0.033% | $54.9M | $22.8M | 10x | as long as short |
| BloFin NBIS-USDT | +0.0234% | 8h | 234.04 | +0.105% | $207K | $209K | 20x | as long as short |
| Aster NBISUSDT | +0.0234% | 8h | 233.94 | +0.061% | $81K | $314K | 50x | as long as short |
| Variational Omni NBIS | +0.0241% | 8h | 234.47 | +0.289% | $2.9M | $592K | — | as long as short |
| Binance NBISUSDT | +0.0253% | 8h | 233.79 | −0.001% | $19.2M | $85.7M | 25x | as long as short |
| Extended NBIS-USD | +0.0256% | 1h | 233.74 | −0.024% | $150K | $705K | 10x | as long as short |
| Lighter NBIS | +0.0272% | 1h | 233.94 | +0.063% | $904K | $4.4M | 10x | as long as short |
| Phoenix NBIS | +0.0306% | 1h | 234.04 | +0.105% | $7K | $152K | 10x | as long as short |
| Entropy io:NBISshort | +0.0334% | 1h | 234.16 | +0.157% | $10.2M | $3.4M | 10x | |
| edgeX NBISUSDC | +0.0362% | 4h | 234.09 | +0.127% | $38K | $227K | 10x | as long as short |
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Kraken Futures PF_NBISUSD
Nado NBIS-PERP
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
GRVT NBIS_USDT_Perp
Coinbase International NBIS-PERP-INTX
tradeXYZ xyz:NBIS
BloFin NBIS-USDT
Aster NBISUSDT
Variational Omni NBIS
Binance NBISUSDT
Extended NBIS-USD
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC