Funding you earn now, next payment 22:00 UTC+0.0129%/8h= +14.2% APRnext payment +$0.16 per $10,000 · paid last 24h +0.102%
Price spread now: Entropy against Arcus+0.086%7-day average +0.102% · 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−$47as in the Price arb table
costs, in and out, $10k−$450.452% of the position
Funding, last 3 days (all we have)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.172%−$17 · spread now +0.086%, 7d avg +0.102%
=The price spread sits at its 7-day average of +0.102%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NBIS-USD | 232.79 | 0.0040 | pay 0.0005% / 1h | 7m 16s | $43K | $134K | 5x |
| Short | Entropy io:NBIS | 232.99 | 0.0170 | get 0.0021% / 1h | 7m 16s | $10.2M | $3.3M | 10x |
Arcus NBIS-USD
Entropy io:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Arcus. 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
- $27.19
- Price spread: +0.086% → +0.102%
- −$1.65
- Slippage, 4 orders
- −$22.67
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$19.63
- Costs to cover
- 0.452%
- Break-even
- 12.1 days
Slippage from Arcus: live order book, 16 min ago; Entropy: live order book, 8 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 Arcus live order book, 16 min ago | 5.14 bp | 7.4 bp −$7 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 8 min ago | 0.43 bp | 19.5 bp −$20 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NBIS-USDT | −0.0017% | 8h | 233.25 | +0.198% | $205K | $216K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.94 | +0.063% | $79K | $304K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.88 | +0.039% | $141K | $697K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.92 | +0.055% | $19.3M | $87.1M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.87 | +0.034% | $5.1M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.00 | +0.090% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.88 | +0.039% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 232.97 | +0.077% | $2.6M | $4.8M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.30 | +0.219% | $2.8M | $945K | — | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 232.97 | +0.077% | $431 | $1.8M | 10x | as long as short |
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 233.40 | +0.262% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.02 | +0.099% | $1.6M | $965K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0002% | 8h | 233.27 | +0.206% | $5K | $147K | 10x | as long as short |
| QFEX NBIS-USD | +0.0033% | 1h | 232.89 | +0.043% | $1.5M | $5.1M | 10x | as long as short |
| Arcus NBIS-USDlong | +0.0040% | 1h | 232.79 | long leg | $43K | $134K | 5x | |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.08 | +0.125% | — | $234K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.68 | −0.047% | $137K | $635K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.95 | +0.069% | $56 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.21 | +0.180% | $180K | $514K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0057% | 1h | 232.75 | −0.017% | $24K | $13K | 20x | as long as short |
| Lighter NBIS | +0.0088% | 1h | 232.70 | −0.039% | $932K | $4.6M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.74 | −0.021% | $480K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.96 | +0.073% | $2K | $4K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.94 | +0.062% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0136% | 1h | 232.99 | +0.086% | $355K | $704K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0169% | 1h | 232.69 | −0.043% | $54.3M | $23.5M | 10x | as long as short |
| Entropy io:NBISshort | +0.0170% | 1h | 232.99 | +0.086% | $10.2M | $3.3M | 10x | |
| Nado NBIS-PERP | +0.0178% | 1h | 232.55 | −0.101% | $28K | $65K | 3x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0266% | 1h | 232.78 | −0.004% | $35K | $67K | 10x | as long as short |
| Phoenix NBIS | +0.0276% | 1h | 233.43 | +0.275% | $7K | $185K | 10x | as long as short |
| edgeX NBISUSDC | +0.0596% | 4h | 233.24 | +0.191% | $37K | $234K | 10x | as long as short |
HTX NBIS-USDT
Phemex NBISUSDT
GRVT NBIS_USDT_Perp
QFEX NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Kraken Futures PF_NBISUSD
Lighter NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Deribit NBIS_USDC-PERPETUAL
Phoenix NBIS
edgeX NBISUSDC